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On Monday, Vizsla Silver Corp.’s US-traded shares experienced a significant surge, climbing 12% following the release of an updated mineral resource estimate for its Panuco silver-gold project located in Sinaloa, Mexico.

The Canada-based mining company announced the substantial increase in their combined measured and indicated mineral resources.

The updated resource estimate represents a 43% increase from previous figures, marking a notable enhancement in the project’s potential.

Vizsla Silver’s announcement indicates a positive development for the Panuco project, which is a key asset in the company’s portfolio.

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