VZLA · Vizsla Silver Corp.

Vizsla Silver Corp. disclosed a tragic escalation in the Concordia, Sinaloa situation, confirming the deaths of nine colleagues, up from prior reports, with one individual still missing. The company is maintaining close communication with the missing colleague's family while providing ongoing support to all impacted families and assisting Mexican authorities in their investigation. President and CEO Michael Konnert emphasized the profound loss, stating it will be carried forward through daily operations, family support, community engagement in Sinaloa, and adherence to core values. This event underscores significant operational risks in the region, potentially affecting site activities at the Panuco Project, which remain suspended. Forward-looking statements highlight intentions to review security measures, advance remote engineering and planning, and resume operations when conditions allow, subject to risks like unstable security, regulatory actions, and community relations. Investors should monitor for the promised operational update, as this incident heightens reputational and safety concerns in a high-risk jurisdiction.