Vizsla Silver has awarded an equipment supply contract to FLSmidth (FLS) for its fully owned Panuco silver-gold project in Sinaloa, Mexico.
The deal covers the engineering and provision of major process plant equipment for the proposed operations detailed in Vizsla Silver’s 2025 feasibility study.
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Engineering work will start immediately, with a formal notice to proceed expected in the coming months to begin equipment manufacturing.
The agreement includes eight major equipment packages covering crushing, grinding, thickening and counter-current decantation, the Merrill Crowe process and refining circuits.
The supplied equipment has been specified to meet the requirements of both the initial phase one operation, targeting 3,300 tonnes per day (tpd), and a future expansion to 4,000tpd as outlined in the 2025 feasibility study.
Vizsla Silver COO Simon Cmrlec said: “The award of this major equipment package to FLS represents a key procurement milestone for the Panuco project.
“We are pleased to be working with the FLS team, who has provided us with a technically robust equipment package for the project which supports both the initial phase one plant design and future phase two expansion plans, while remaining in line with the process plant capital budget outlined in the feasibility study.”
The contract and equipment layout are structured to enable further process plant modifications tied to the planned integration of the Napoleon mine in the fourth year of operations. This is intended to minimise operational downtime.
The parties have agreed to a limited notice to proceed, allowing FLSmidth to begin early engineering and procurement while the final terms of the equipment supply agreement are finalised.
FLSmidth provides technology, equipment and service solutions that support mineral processing across global mining operations, including classification, comminution, dewatering, flotation, refining, tailings management and thickening.
FLSmidth products business line president Qasim Abrahams said: “We are excited to be selected as Vizsla Silver’s key technology partner for their complete silver processing flowsheet.
“With our leading technologies and life cycle service offerings, we look forward to helping Vizsla Silver maximise silver recovery and production throughout the life cycle of this new operation.”
In April 2026, Vizsla Silver awarded an engineering, procurement and construction management contract to M3 Engineering & Technology and a mine design contract to Mining Plus for the Panuco project.
