Vizsla Silver Corp. reported results from 12 new drill holes targeting the Copala resource area at its 100%-owned, Panuco silver-gold project ("Panuco" or the "Project") located in Mexico. The reported drilling, designed to infill near-surface mineralization, successfully confirmed high-grade continuity throughout Copala.

Highlights: CS-24-354 returned 1,503 grams per tonne (g/t) silver equivalent (AgEq) over 13.00 metres true width (mTW) (1,017 g/t silver and 8.19 g/t gold); Including 6,229 g/t AgEq over 1.40 mTW (4,124 g/t silver and 35.11 g/t gold); And 3,813 g/t AgEq over 1.31 mTW (2,540 g/t silver and 21.30 g/t gold). CS-24-344 returned 1,363 g/t AgEq over 8.70 mTW (1,096 g/t silver and 5.18 g/t gold): Including 10,516 g/t AgEq over 0.66 mTW (8,720 g/t silver and 36.60 g/t gold). CS-24-352 returned 2,872 g/t AgEq over 5.00 mTW (1,378 g/t silver and 22.95 g/t gold): Including 4,681 g/t AgEq over 2.75 mTW (2,115 g/t silver and 39.10 g/t gold).

CS-24-347 returned 2,440 g/t AgEq over 6.00 mTW (1,882 g/t silver and 10.31 g/t gold): Including 4,957 g/t AgEq over 2.39 mTW (3,859 g/t silver and 20.51 g/t gold). The precious metals dominant Copala Structure, located in the western portion of the Panuco district, is situated ~800 m to the east of the Napoleon vein. Copala currently hosts Indicated Resources of 83.

3 Moz AgEq at 573 g/t AgEq and Inferred Resources of 48. 3 Moz AgEq at 476 g/t AgEq within a broad envelope of vein-breccia interlayered with host rock, up to 82 metres thick. Interpretations by Vizsla geologists indicate Copala has an average dip of ~46° to the east (~35° in its northern sector and steepening to ~65° in the southern sector).

Resource drilling at Copala has now traced mineralization along ~1,770 metres of strike length and ~400 metres down dip. The recently completed batch of infill drilling consisted of 11 holes drilled at ~50 m centres in the shallow high-grade zone of north-central Copala and one hole drilled in a previously identified deep high-grade zone in the southern extent. The infill holes drilled in the north-central zone targeted only the main Copala structure, but some holes intercepted Copala 3 and Copala 4 along the way.

Additionally, holes CS-24-348 and CS-24-352 intercepted broad mineralized structures of 16. 80 m and 17. 50 m TW respectively, with high-grade zones internally diluted by lower-grade crackle breccia zones.

Broad intercepts consisting of mixed banded vein, stockwork and crackle breccia zones are common in north central Copala. Cymoid loops are also common in some vein sectors, as shown by the multiple vein intercepts on Copala 4 by CS-24-345. Infill drilling completed to date in various parts of Copala have successfully confirmed high-grade mineral continuity.

Extension drilling completed in the south has expanded mineralization by ~100m downdip to the east, marked by hole CS-23-330. Additionally, drilling along the southern extents of Copala has highlighted that the main structure gets steeper at depth (~65°) and develops narrower vein splays carrying significant silver and gold grades (Copala 3 and Copala 4). The recently reported Copala 4 splay vein sits between Cristiano and Copala, approximately 75m west of Copala, whereas Copala 3 sits less than 50m to the east of Copala main on the hanging wall side.

Drilling to date has traced Copala 4 for approximately 300 m along strike and 400 m down dip. Copala 3 is more irregular in terms of grade and thickness along strike (locally forms sparse high-grade pockets), but overall, the structure has been traced over 400 m long by 400 m down dip.