Vizsla Royalties Unveils Blockbuster Feasibility Study for Panuco Silver-Gold Project
Vizsla Royalties Corp. has unveiled a Feasibility Study for the Panuco Project, a major silver and gold development. Released on November 12th, 2025, the report confirms the site as a world-class asset moving swiftly toward production. The company holds a key royalty interest in the operation, its primary asset to date. The study outlines an annual output of 17.4 million silver-equivalent ounces over a 9.4-year mine life. Financial projections are strong, with an after-tax net present value (NPV) of US$1.8 billion at a 5% discount rate. Investors will also note an internal rate of return (IRR) of 111%.
Capital recovery is expected to be rapid, with a payback period of just seven months. This assumes silver prices at US$35.50 per ounce and gold at US$3,100 per ounce. The figures underscore the project’s economic potential in the current metals market. Vizsla Royalties Corp. specialises in precious metals royalties, with Panuco representing its flagship investment. The company’s net smelter returns royalty ties its revenue directly to the project’s future output.
The Feasibility Study positions Panuco as a high-margin, short-payback operation. With production on the horizon, the project’s financial metrics suggest robust returns for stakeholders. Vizsla Royalties Corp. stands to benefit significantly from its royalty interest as the mine progresses.
