Skip to main content

Craig Parry, Co-founder & Advisor of Inventa Capital | Rule Symposium 2026: Rick Rule interviews

Rule Investment Media Jul 2, 2026

Summary

Vizsla Silver holds about 400 million ounces of silver at grades near 500 grams per tonne, with the thick Coppola vein as standout.

Cartel violence that killed ten workers, not geology, is now the central risk at Vizsla Silver — one of the world's highest-grade undeveloped silver deposits.

Guest Craig Parry points to Mexican presidential backing and many newly issued permits, including open pit, as signs the project is turning the corner.

Vizsla Copper is drilling beside a 44-metre intercept of 8.2% copper in Alaska as Parry pursues a mid-tier copper producer.

Parry's track record spans Rio Tinto project generation, NexGen Energy's Arrow discovery, chairing Skeena, and selling Vizsla Royalty for $330 million.

Key points on Skeena Resources

  • Parry says he became Skeena's chairman in 2017 and helped the company acquire and advance the Eskay Creek mine toward production, calling it a tier-one gold project.
  • He says Eskay Creek is going to produce about 450,000 oz per year.

Key points on Vizsla Silver

  • Parry calls Vizsla Silver's Sinaloa project one of the world's great silver discoveries, citing roughly 400 million ounces of silver at grades up to around 500 g/t, and says the company has delineated an entire district.
  • He confirms 10 workers were abducted and murdered at the project earlier this year — the hardest thing the company has faced — with the team focused on supporting the victims' families.
  • Parry says the project is turning the corner, with support up to Mexican President Claudia Sheinbaum, and expects a lot of news on advancing it over the next six months.
  • He says the high-grade Coppola vein (~11 m thick) set the project apart, a test mine has been built at the ore body, and the company is waiting on permits while COO Simon Cmrlec drives development.
  • The Vizsla Royalty spin-out was sold to Elemental Altius Royalties for $330 million a couple of months before the interview, which Parry counts as a win in what he calls a terrible, tough year.

Key points on Elemental Royalty

  • Parry says Elemental Altius Royalties acquired the Vizsla Royalty spin-out for $330 million a couple of months before the interview, a price he contrasts with the royalty's initial few-million-dollar valuation.

Michael Konnert's takeaways

  • Top takeaway Parry describes Michael Konnert as his long-time partner who runs Vizsla Silver, with the two having started companies together in 2017-2018, the most prominent being Vizsla Silver.
  • Parry credits Konnert with building a strong esprit de corps, which he says made the loss of the 10 murdered workers especially hard on the team.

Rick Rule's takeaways

  • Top takeaway Rule asserts from the technical data that Vizsla Silver's is clearly one of the largest, highest-grade undeveloped silver deposits in the world, and presses Parry on how the company gets past the cartel violence in Sinaloa.
  • Rule says Parry's ventures have made him a fair bit of money, and promotes the July 6-10 Rule Symposium in Boca Raton, noting the live event is sold out with virtual attendance still available.

Craig Parry's takeaways

  • Top takeaway Parry is racing to build Vizsla Copper into a mid-tier copper producer in record time, drilling immediately beside a 44m at 8.2% copper hole in Alaska and expecting to hit the target zone within days of the interview.
  • On Vizsla Silver he claims roughly 400 million ounces at grades up to ~500 g/t across an entire district, and says the project is turning the corner after the murder of 10 workers, with major news expected over the next six months.
  • He cites his track record: co-founding NexGen (Arrow deposit, now a $12 billion company), chairing Skeena since 2017 and advancing Eskay Creek (450,000 oz/yr, a tier-one gold project in his view), and selling the Vizsla Royalty spin-out to Elemental Altius for $330 million.
  • He argues Mexico's government, up to President Claudia Sheinbaum, now firmly supports mining and the company's project, pointing to a surge of permits and to mining's potential to offer Sinaloa's youth a better path than the drug trade.
  • A former Rio Tinto global head of iron ore project generation who has worked in 70 countries, he calls copper the most important metal on the face of the planet and Vizsla Copper his passion project.

Mr. Simon Cmrlec's takeaways

  • Top takeaway Parry says Simon Cmrlec is Vizsla Silver's chief operating officer overseeing the project's development, crediting him with building 43 world-class mines and calling him probably the most prolific mine builder on the planet today.