Vizsla Silver Corporation (VZLA)

VIZSLA SILVER AWARDS EQUIPMENT SUPPLY AGREEMENT FOR PANUCOJune 16, 2026 6:00 AM
PR Newswire (US) NYSE: VZLA     TSX: VZLAVANCOUVER, BC, June 16, 2026 /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G31) ("Vizsla Silver" or the "Company") is pleased to announce that it has awarded the equipment supply agreement (the "Equipment Supply Agreement") to FLSmidth ("FLS") for the Company's wholly-owned Panuco silver-gold project ("Panuco" or the "Project") located in Sinaloa, Mexico. The Equipment Supply Agreement includes engineering and supply of major process plant equipment spanning the entirety of the proposed process flowsheet outlined in the Company's 2025 Feasibility Study, with engineering work commencing immediately and formal Notice to Proceed anticipated in the coming months to initiate equipment manufacturing.The Equipment Supply Agreement covers eight major equipment packages across crushing, grinding, thickening and counter current decantation, Merrill Crowe, and refining circuits of the proposed process plant at Panuco. The equipment has been specified to support both the initial 3,300 tonnes per day ("tpd") Phase 1 operation and the planned expansion to 4,000 tpd outlined in the 2025 Feasibility Study. The contract structure and equipment configuration are designed to facilitate future process plant modifications associated with the planned integration of the Napoleon mine in Year 4, with minimal operational downtime.The parties have initially entered into a limited notice to proceed agreement ("LNTP") to authorize commencement of early engineering and procurement activities while the definitive terms of the Equipment Supply Agreement continue to be finalized."The award of this major equipment package to FLS represents a key procurement milestone for the Panuco Project," said Simon Cmrlec, Chief Operating Officer of Vizsla Silver. "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 1 plant design and future Phase 2 expansion plans while remaining in line with the process plant capital budget outlined in the Feasibility Study. FLS's Life-Cycle Service Offering will provide us with a high level of support throughout the commissioning, ramp-up and operations phases of the Panuco facility.""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 maximize silver recovery and production throughout the life cycle of this new operation", comments Qasim Abrahams, Products Business Line President at FLS.About FLSmidth FLS is a leading supplier of mineral processing technology, process equipment, and service solutions to the global mining industry, covering the full flowsheet from comminution and classification to flotation, thickening, dewatering, refining, and tailings management. The company supports thousands of mining operations across more than 125 countries and has extensive operational and technical experience in Mexico, supported by local service and after sales capabilities, including its service centre in Zacatecas.About Vizsla Silver and the Panuco ProjectVizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Feasibility Study for Panuco in November 2025 which highlights 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district-scale exploration through low-cost means.In accordance with National Instrument 43-101, Jesus Velador, Ph.D. MMSA QP., Chief Geologist, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release. Website: www.vizslasilvercorp.comSPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and reflect management's expectations or beliefs regarding future events, plans, and objectives.Forward-looking statements in this release include, but are not limited to, statements regarding: the timing and scope of engineering and supply works under the Equipment Supply Agreement; the commencement and advancement of engineering works under the Equipment Supply Agreement; the configuration of the equipment to support Phase 1 and Phase 2 operations at Panuco, including the planned expansion to 4,000 tpd; the anticipated integration of the Napoleon mine in Year 4 and the design of the process plant to facilitate future modifications with minimal operational downtime; the anticipated Life-Cycle Service Offering agreements with FLS; and the Company's ability to advance the Panuco Project toward production.Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: the accuracy of the Feasibility Study parameters; the availability of financing on acceptable terms; that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.There can be no assurance that the Panuco Project will be placed into production or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals. View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-awards-equipment-supply-agreement-for-panuco-302801060.htmlSOURCE Vizsla Silver Corp. Original: VIZSLA SILVER AWARDS EQUIPMENT SUPPLY AGREEMENT FOR PANUCO

VIZSLA SILVER SECURES WORKING CAPITAL FACILITY WITH MEXICAN GOVERNMENT FINANCIAL INSTITUTION FOR PANUCOMay 26, 2026 6:00 AM
PR Newswire (US) NYSE: VZLA     TSX: VZLAVANCOUVER, BC, May 26, 2026 /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G31) ("Vizsla Silver" or the "Company") is pleased to announce that Minera Canam S.A. de C.V. ("Minera Canam"), a Mexican subsidiary of the Company that holds the Panuco silver-gold project ("Panuco" or the "Project") in Sinaloa, Mexico, has entered into an unsecured credit agreement dated February 26, 2026 for a MXN$173 million working capital facility (the "Facility") with Fideicomiso de Fomento Minero ("FIFOMI"), a Mexican government-backed financial institution specialized in the mining sector, with the Facility having received approval from FIFOMI's internal credit committee on May 4, 2026. "This agreement with FIFOMI represents another important step in the continued endorsement and validation of the Panuco Project as an economically important development project for both Sinaloa and Mexico," commented Michael Konnert, President and CEO of Vizsla Silver. "We are pleased to establish a relationship with a respected Mexican government-backed mining finance institution whose mandate is to support the responsible growth and long-term competitiveness of Mexico's mining sector. We are encouraged by the strong alignment this facility represents between Vizsla and the Government of Mexico in advancing the Panuco Project. The addition of this facility will serve to strengthen the mining community of Concordia and support local suppliers, contractors and investment in the State of Sinaloa."Key Terms of the FacilityMXN$173 million (approximately US$10 million) working capital facilityUnsecured, with a five-year termInterest rate based on TIIE funding rate plus a 4.6681% marginQuarterly interest and principal payments, with a two-year grace period on principal repaymentsOne-time commission fee equal to 1.0% of the total facilityProceeds to support operating and working capital expenditures related to the Panuco ProjectAbout FIFOMIFIFOMI is a Mexican government entity operating as a public trust within the Mexican financial system and is overseen by the Secretaría de Economía of Mexico. The institution was established to promote the development and competitiveness of Mexico's domestic mining industry through the provision of financing, technical assistance and training programs.About Vizsla Silver and the Panuco ProjectVizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Feasibility Study for Panuco in November 2025 which highlights 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district-scale exploration through low-cost means.In accordance with National Instrument 43-101, Jesus Velador, Ph.D. MMSA QP., Chief Geologist, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and reflect management's expectations or beliefs regarding future events, plans, and objectives.Forward-looking statements in this release include, but are not limited to, statements regarding: the use of proceeds of the Facility for operating and working capital expenditures related to the Panuco Project; the Company's ability to advance the Panuco Project toward production; the Company's ability to fund construction and development at Panuco, including expectations regarding the sufficiency of existing cash balances and access to financing; and the Company's long-term growth strategy, including its ability to enhance shareholder value through continued project development and operational execution.Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: the accuracy of the Feasibility Study parameters; the availability of financing on acceptable terms; that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project parameters; inaccuracies in technical or economic modelling; the risk that the feasibility study assumptions prove inaccurate; and other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.There can be no assurance that the Panuco Project will be placed into production or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals. View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-secures-working-capital-facility-with-mexican-government-financial-institution-for-panuco-302781491.htmlSOURCE Vizsla Silver Corp. Original: VIZSLA SILVER SECURES WORKING CAPITAL FACILITY WITH MEXICAN GOVERNMENT FINANCIAL INSTITUTION FOR PANUCO

VIZSLA SILVER APPOINTS GUILLERMO HERNANDEZ AS VICE PRESIDENT, EXPLORATION & PROMOTES JESUS VELADOR TO CHIEF GEOLOGISTMay 21, 2026 6:00 AM
PR Newswire (Canada) NYSE: VZLA  TSX: VZLAVANCOUVER, BC, May 21, 2026 /CNW/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G31) ("Vizsla Silver" or the "Company") is pleased to announce the appointment of Guillermo Hernandez as Vice President of Exploration for Vizsla Silver. Mr. Hernandez has held senior leadership roles with Lundin Gold, Luca Mining and Outcrop Silver, bringing 20 years of international mineral exploration expertise. His appointment follows the promotion of Jesus Velador from VP, Exploration to Chief Geologist of Vizsla Silver. Both changes are effective immediately. "What Jesus has helped to build at Panuco over the past four years is remarkable, and we're just getting started," stated Michael Konnert, President and CEO. "From the Napoleon and Copala discoveries through to a completed Feasibility Study and the development milestones we are now executing, he has guided Vizsla Silver through its transition from discovery-stage exploration toward development readiness, and his promotion to Chief Geologist is a reflection of that contribution and ensures that his expertise remains central to the project as we advance toward production. Additionally, appointing Guillermo bolsters our already strong technical team. His experience in high-grade Latin American silver and gold systems and track record of delivering resources make him exactly the right person to lead our exploration program into its next chapter."Dr. Velador, Chief Geologist, comments, "Guillermo's technical depth, strategic instinct, and experience with high-grade silver deposits are exactly what this district calls for. His background across discovery, resource definition, and development transition is directly applicable to not only where Panuco stands today, but also where we intend to take it over the coming years. The district's exploration upside remains substantial, and I look forward to moving ahead with our strengthened team as we continue to unlock it."Mr. Hernandez brings 20 years of international experience in mineral exploration, resource estimation, and mine development across Latin America and Asia. He joins Vizsla Silver from Outcrop Silver & Gold, where as Vice President, Exploration, he led technical and strategic exploration at the Santa Ana project in Colombia and delivered the company's maiden NI 43-101 Mineral Resource. Prior to Outcrop, Mr. Hernandez served as Senior General Geology Supervisor at Lundin Gold's Fruta del Norte mine in Ecuador, contributing to resource conversion programs that added 1.2 million ounces of gold in new resources. He previously held the role of Reserves and Exploration Manager at Luca Mining Corp. (formerly, Telson Mining) in Mexico, where he played a key role in the restart of the Campo Morado Mine and the development of the Tahuehueto Mine, and earlier led the discovery of the high-grade Switchback epithermal vein system at Gold Resource Corp.'s Arista Mine in Oaxaca.Mr. Hernandez holds a B.Sc. in Geological Engineering and an M.Sc. in Geochemistry from the Universidad Nacional Autonoma de Mexico (UNAM). He is a Certified Professional Geologist (CPG) by the American Institute of Professional Geologists (AIPG), and a Qualified Person as defined by National Instrument 43-101. He is also committed to responsible mining, ESG principles, environmental stewardship, and meaningful community engagement.About Vizsla SilverVizsla Silver (TSX: VZLA | NYSE: VZLA) is a Canadian development company advancing Panuco, its 100%-owned silver-gold project in Sinaloa, Mexico. The November 2025 Feasibility Study outlines 17.4 Moz AgEq annual production over an initial 9.4-year mine life, an after-tax NPV (5%) of US$1.8B, a 111% IRR, and a 7-month payback at US$35.50/oz silver and US$3,100/oz gold. Vizsla Silver is concurrently advancing mine development and district-scale exploration with the objective of becoming a leading primary silver producer.ON BEHALF OF THE COMPANYMichael Konnert,
President and Chief Executive OfficerSPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSForward-looking statements in this release include, but are not limited to, statements regarding: the Company's objectives and milestones; the strategic vision for the Company following the proposed development of the Panuco Project and expectations regarding future financial or operating performance following such development; the Company's ability to advance the Panuco Project toward production; and the Company's long-term growth strategy, including its ability to enhance shareholder value through continued exploration success, project development and operational execution.Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: the accuracy of the Feasibility Study parameters, that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project development and construction parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.There can be no assurance that the Panuco Project will be placed into production as proposed in this news release or at all or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals. View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-appoints-guillermo-hernandez-as-vice-president-exploration--promotes-jesus-velador-to-chief-geologist-302778302.htmlSOURCE Vizsla Silver Corp. Original: VIZSLA SILVER APPOINTS GUILLERMO HERNANDEZ AS VICE PRESIDENT, EXPLORATION & PROMOTES JESUS VELADOR TO CHIEF GEOLOGIST

VIZSLA SILVER APPOINTS SENIOR VICE PRESIDENT, TECHNICAL SERVICESMay 19, 2026 3:00 AM
PR Newswire (US) NYSE: VZLA   TSX: VZLAVANCOUVER, BC, May 19, 2026 /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is pleased to announce the appointment of Dave D'Antonio as Senior Vice President of Technical Services for Vizsla Silver, effective immediately. Mr. D'Antonio brings more than 18 years of international mining experience, building and leading high-performance technical teams at large-scale underground gold and base metal operations. His appointment comes at a pivotal time as Vizsla Silver moves to rapidly advance the flagship Panuco silver-gold project in western Mexico toward production. In this newly created role, Mr. D'Antonio will lead the buildout of the Company's technical services function, encompassing all aspects of mine production, processing, and infrastructure operations. His appointment strengthens the Company's technical leadership and reflects its commitment to assembling the calibre of expertise required to execute on an accelerated development timeline."The appointment of Dave marks an important milestone as we advance our Panuco project toward production," stated Michael Konnert, President and CEO. "Dave's track record of building and leading large, high-performing technical teams at world-class operations makes him uniquely suited to help us execute on our development objectives. We look forward to the depth of expertise and leadership he brings to the team."Mr. D'Antonio most recently served as Head of Mine Technical Services at K92 Mining's Kainantu Mine in Papua New Guinea, where he led a multidisciplinary technical services team of more than 100 professionals responsible for mine planning, production, geology, geotechnical engineering, hydrology, ventilation, and survey across one of the fastest-growing underground gold operations in the world. Prior to K92 Mining, Mr. D'Antonio held senior technical and corporate roles with OceanaGold, including Principal Mining Engineer at the corporate level and Engineering Superintendent at the Didipio Mine in the Philippines, where he played a key role in the successful transition from open pit to a 1.6 Mtpa long-hole stoping underground operation. Mr. D'Antonio holds a Bachelor of Science in Mining Engineering from Queen's University and an Executive MBA from the Rotman School of Management at the University of Toronto. He is a Professional Engineer (P.Eng.) registered in Ontario and a Qualified Person as defined by National Instrument 43-101.Pursuant to the Company's Omnibus Equity Incentive Compensation Plan, it has granted 3,908,000 stock options ("Options") at an exercise price of $5.16, 1,849,000 restricted share units (each, an "RSU") and 300,000 deferred share units (each, an "DSU") to directors, officers, employees and consultants (the "Optionees") of the Company. The Options are exercisable for a period of five years and will vest over the next two years and the RSUs will vest in three equal annual instalments commencing on the first anniversary of the grant date. The DSUs vest immediately and will be exchanged for one common share of the Company upon the time that the Optionee ceases to hold their position as an independent director.About Vizsla SilverVizsla Silver (TSX: VZLA | NYSE: VZLA) is a Canadian development company advancing Panuco, its 100%-owned silver-gold project in Sinaloa, Mexico. The November 2025 Feasibility Study outlines 17.4 Moz AgEq annual production over an initial 9.4-year mine life, an after-tax NPV (5%) of US$1.8B, a 111% IRR, and a 7-month payback at US$35.50/oz silver and US$3,100/oz gold. Vizsla Silver is concurrently advancing mine development and district-scale exploration with the objective of becoming a leading primary silver producer.ON BEHALF OF THE COMPANYMichael Konnert,
President and Chief Executive OfficerSPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSForward-looking statements in this release include, but are not limited to, statements regarding: the Company's objectives and milestones; the strategic vision for the Company following the proposed development of the Panuco Project and expectations regarding future financial or operating performance following such development; the Company's ability to advance the Panuco Project toward production; and the Company's long-term growth strategy, including its ability to enhance shareholder value through continued exploration success, project development and operational execution.Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project development and construction parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.There can be no assurance that the Panuco Project will be placed into production as proposed in this news release or at all or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals. View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-appoints-senior-vice-president-technical-services-302775359.htmlSOURCE Vizsla Silver Corp. Original: VIZSLA SILVER APPOINTS SENIOR VICE PRESIDENT, TECHNICAL SERVICES

VIZSLA SILVER APPOINTS FORMER SENIOR MEXICAN GOVERNMENT MINING OFFICIAL AS VICE PRESIDENT, GOVERNMENT RELATIONSMay 14, 2026 6:30 AM
PR Newswire (Canada) NYSE: VZLA     TSX: VZLAVANCOUVER, BC, May 14, 2026 /CNW/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is pleased to announce the appointment of Angel Diego Gómez Olmos as Vice President of Government Relations for Vizsla Silver, effective immediately. Based in Mexico City, Mr. Gómez Olmos will lead the Company's in-country government and regulatory affairs, with a primary focus on advancing the permitting process for the flagship Panuco silver-gold project and its surrounding claims in western Mexico. As Panuco progresses toward production, establishing a dedicated, senior-level government relations function will enhance the Company's engagement with the federal regulatory agencies that govern Mexico's mining sector, including the Secretaría de Economía and its Dirección General de Minas, and the Secretaría de Medio Ambiente y Recursos Naturales (SEMARNAT). Mr. Gómez Olmos brings firsthand leadership experience across each of these agencies and will work to facilitate the approvals and consultations required to continue to advance the project on schedule."Diego's expertise, relationships and background make him one of the most qualified people in Mexico for this role," commented Michael Konnert, CEO. "He has spent years running the very agencies we are working with and the relationships he has built across Mexico's federal ministries, along with his deep, practical knowledge of how these processes work from the inside, are exactly what Vizsla Silver needs as we advance Panuco through the permitting stage toward production. With Diego leading our government relations in Mexico, we are in the best position possible to remain firmly on track to deliver the next world-class silver primary project."Angel Diego Gómez Olmos is a Mexican lawyer with over a decade of senior leadership experience in mining law, regulatory affairs, and public administration within Mexico's federal government. He is licensed to practice law in both Mexico and Spain and brings a rare combination of legal expertise, mining regulatory knowledge, and direct operational leadership across the principal agencies that govern Mexico's mining sector.Most recently, Mr. Gómez Olmos served as General Director of FIFOMI, Mexico's sole government institution dedicated to providing financing and assistance to the mining sector. Prior to FIFOMI, Mr. Gómez Olmos served as Acting General Director of Mines and Director of Operations and Tracking of the Mining Sector at the Secretaría de Economia, the senior federal authority responsible for the administration and enforcement of Mexico's Mining Law. He also practiced law at Accenture and Cuatrecasas in Spain, one of Europe's leading law firms. Mr. Gómez Olmos holds a Law Degree from La Salle University in Mexico City and a second Law Degree from Carlos III University of Madrid. He holds a Master's degree in Legal Practice and Business Advice from the Higher Institute of Law and Economics in Madrid and is completing a Doctorate in Law at the University of the Balearic Islands. He has served as a Professor of Commercial Contracts and Private International Law at the Monterrey Institute of Technology and Higher Education and is a published author in the fields of mining law, corporate law, and administrative-regulatory matters.About Vizsla SilverVizsla Silver (TSX: VZLA | NYSE: VZLA) is a Canadian development company advancing Panuco, its 100%-owned silver-gold project in Sinaloa, Mexico. The November 2025 Feasibility Study outlines 17.4 Moz AgEq annual production over an initial 9.4-year mine life, an after-tax NPV (5%) of US$1.8B, a 111% IRR, and a 7-month payback at US$35.50/oz silver and US$3,100/oz gold. Vizsla Silver is concurrently advancing mine development and district-scale exploration with the objective of becoming a leading primary silver producer.ON BEHALF OF THE COMPANYMichael Konnert
President and Chief Executive OfficerSPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSForward-looking statements in this release include, but are not limited to, statements regarding: the Company's objectives and milestones; the strategic vision for the Company following the proposed development of the Panuco Project and expectations regarding future financial or operating performance following such development; the Company's ability to advance the Panuco Project toward production; and the Company's long-term growth strategy, including its ability to enhance shareholder value through continued exploration success, project development and operational execution.Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project development and construction parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.There can be no assurance that the Panuco Project will be placed into production as proposed in this news release or at all or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals. View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-appoints-former-senior-mexican-government-mining-official-as-vice-president-government-relations-302771810.htmlSOURCE Vizsla Silver Corp. Original: VIZSLA SILVER APPOINTS FORMER SENIOR MEXICAN GOVERNMENT MINING OFFICIAL AS VICE PRESIDENT, GOVERNMENT RELATIONS

Vizsla Silver Announces Change of Corporate SecretaryMay 12, 2026 6:00 AM
PR Newswire (US) NYSE: VZLA     TSX: VZLAVANCOUVER, BC, May 12, 2026 /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") today announced that Susy Horna will assume the role of Corporate Secretary, replacing Jen Hanson, effective immediately. "We would like to thank Jen Hanson for the professionalism, experience and wisdom she has brought to Vizsla Silver over the past several years," commented Michael Konnert, CEO. "Jen has been instrumental in Vizsla Silver's success, and we wish her all the best in her future endeavours. Additionally, we welcome Susy Horna, a veteran mining executive with significant experience supporting Mexican silver companies, to the team."Originally from Peru, Susy brings several years of professional experience in the legal aspects of the mining, oil and gas and shipping industries. Prior to joining Vizsla Silver, Susy served as Manager, Corporate Records and Governance for First Majestic Silver Corp., and prior to the acquisition by First Majestic Silver Corp. as Corporate Secretary of Gatos Silver, Inc. Susy has also served as Corporate Secretary for various public and private companies within the Augusta Group of Companies, and as paralegal for Pacific Northwest LNG, Seaspan Corporation and Southwestern Resources Corp.About Vizsla SilverVizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Feasibility Study for Panuco in November 2025 which highlights 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district-scale exploration through low-cost means. Website: www.vizslasilvercorp.caSPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSForward-looking statements in this release include, but are not limited to, statements regarding: the Company's objectives and milestones; the strategic vision for the Company following the proposed development of the Panuco Project and expectations regarding future financial or operating performance following such development; the Company's ability to advance the Panuco Project toward production; and the Company's long-term growth strategy, including its ability to enhance shareholder value through continued exploration success, project development and operational execution.Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project development and construction parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.There can be no assurance that the Panuco Project will be placed into production as proposed in this news release or at all or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals. View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-announces-change-of-corporate-secretary-302768804.htmlSOURCE Vizsla Silver Corp. Original: Vizsla Silver Announces Change of Corporate Secretary

VIZSLA SILVER AWARDS EPCM AND MINE DESIGN CONTRACTS FOR THE DEVELOPMENT OF THE PANUCO SILVER-GOLD PROJECTApril 23, 2026 6:00 AM
PR Newswire (US)

NYSE: VZLA     TSX: VZLAVANCOUVER, BC, April 23, 2026 /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") today announced that it has awarded the Engineering, Procurement and Construction Management (the "EPCM") contract to M3 Engineering & Technology Corp. ("M3" or "M3 Engineering") and has entered into a Mine Design contract with Mining Plus. Both contractors will support the advancement of its flagship Panuco silver-gold project.







"The appointment of key engineering and mine design partners represents an important step in advancing our Panuco Project," said Michael Konnert, President and CEO. "We are pleased to partner with M3 and Mining Plus as we move towards mobilization."With its partners, the Company will work off-site to advance detailed design, construction planning and equipment procurement, while continuing to advance go-forward, long-term security plans for the Panuco Project. Vizsla Silver advises that key development activities continue to progress in line with previously disclosed timelines.EPCM Contract SelectionM3 Engineering is an experienced engineering firm specializing in mineral processing and infrastructure projects. The firm has participated in the design and construction of several mining projects in Mexico, including Mercedes, Los Gatos, Peñasquito, Camino Rojo and Terronera.Since finalizing the Panuco Feasibility Study (published in November 2025), Vizsla Silver has worked with M3 Engineering to support the planning and development of the Project. The EPCM scope of work covers the process plant and surface infrastructure, valued at approximately US$170 million. The Company and M3 Engineering are currently finalizing the terms and conditions of the definitive EPCM agreement."M3 Engineering & Technology Corp. is proud to contribute our technical expertise to support Vizsla Silver in advancing the development of the Panuco Silver-Gold Project," said Alberto Bennett, President and CEO of M3 Engineering. "We look forward to continuing working closely with Vizsla Silver's team to deliver another successful project in Mexico, on time and on budget."Mining Design ContractMining Plus, part of The Byrnecut Group, is a global mining services firm. Vizsla Silver and Mining Plus have worked together since finalizing the Panuco Preliminary Economic Assessment (PEA), published in July 2024.Mining Plus has supported mine design, planning, scheduling and geotechnical work, including contributions to the development of the Company's Morgan Test Mine at Panuco. The mining design scope of work covers approximately US$50 million in development capital, and approximately US$40 million in ore development over the next two years of pre-production.Key mining schedule items include:Award mining contract in Q2 2026Begin mining operations upon receipt of the MIA permitImplement an infill drilling program over an initial two-year period to support ramp-up and stockpiling ahead of process plant commissioning"Mining Plus is pleased to continue its partnership with Vizsla Silver as the Panuco Project advances toward production," said Vahid Haydari, Chief Executive Officer of Mining Plus. "Since our initial involvement following the Preliminary Economic Assessment, we have worked closely with the team on mine design and planning. This next phase focuses on detailed planning and disciplined execution as this high grade, technically compelling project advances toward commercial production."About Vizsla Silver and the Panuco ProjectVizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Feasibility Study for Panuco in November 2025 which highlights 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV (5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district-scale exploration through low-cost means. Website: www.vizslasilvercorp.ca  SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSForward-looking statements in this release include, but are not limited to, statements regarding: the Company's objectives and milestones; the strategic vision for the Company following the proposed development of the Panuco Project and expectations regarding future financial or operating performance following such development; the timing and receipt of environmental and other regulatory permits, including but not limited to the MIA Permit; the timing and entry into the EPCM agreement as proposed or at all; the timing and execution of construction activities as proposed or at all, including the commencement of construction, advancement of detailed engineering, and selection of contractors and development partners; the Company's ability to advance the Panuco Project toward production; the results, timing and scope of planned drilling programs, including underground infill and expansion drilling, district-wide surface drilling, and follow-up drilling at Animas, Santa Fé, La Garra, Peñoles and other targets and their anticipated impact on project economics and mine design; the conversion of inferred mineral resources to indicated mineral resources, including targeted conversion of inferred mineralization within the Copala zone; the size, grade, continuity and potential expansion of mineral resources, including the potential to add mine life beyond the current Feasibility Study's mine plan; the completion and outcomes of bulk sampling, metallurgical testing, geotechnical work and optimization studies, and their anticipated impact on project economics and mine design; the economic results of the Panuco Project, including forecast production rates, mine life, capital costs, operating costs, free cash flow, net present value, internal rate of return, and payback period, as derived from the Feasibility Study; the assumptions underlying the Feasibility Study, including commodity prices, metallurgical recoveries, operating and capital cost estimates, permitting timelines, and development schedules; the Company's ability to fund construction and development, including expectations regarding the sufficiency of existing cash balances and access to financing; the anticipated benefits of property acquisitions and exploration programs, including the identification of new mineralized zones and discovery of additional deposits; and the Company's long-term growth strategy, including its ability to enhance shareholder value through continued exploration success, project development and operational execution.Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: the accuracy of the Feasibility Study parameters; the availability of financing on acceptable terms; that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project development and construction parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.There can be no assurance that the Panuco Project will be placed into production as proposed in this news release or at all, that the EPCM definitive agreement will be entered into and on what terms or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals.



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Original: VIZSLA SILVER AWARDS EPCM AND MINE DESIGN CONTRACTS FOR THE DEVELOPMENT OF THE PANUCO SILVER-GOLD PROJECT

VIZSLA SILVER PROVIDES ADDITIONAL UPDATE ON SITUATION IN CONCORDIAApril 6, 2026 5:00 PM
PR Newswire (US)

NYSE: VZLA   TSX: VZLAVANCOUVER, BC, April 6, 2026 /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") today provided the following update on the situation in Concordia, Sinaloa.







The Company confirms that nine colleagues have now been found deceased. It remains in close contact with the family of one colleague who remains missing and continues to support the authorities in their ongoing investigation."This is a devastating outcome, and our heartfelt condolences are with all the families impacted. We stand beside them with continued support as we mourn our colleagues and friends," said Michael Konnert, President and CEO of Vizsla Silver."We will always carry this loss with us. We will honour our colleagues through the work we do every day and our ongoing commitment to their families, our community in Sinaloa, and the values that define us."Vizsla Silver thanks its stakeholders for their support during this difficult period. The Company will provide an operational update in due course.  SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and reflect management's expectations or beliefs regarding future events, plans and objectives.Forward-looking statements in this news release include, but are not limited to, statements regarding: the Company's ongoing cooperation with Mexican authorities and engagement with affected families; the continuation, scope and effectiveness of support measures provided to employees, contractors and families; the Company's review of the circumstances surrounding recent events; the assessment and implementation of security, risk management and safety measures; the timing and conditions under which site activities may resume; the ability to advance engineering, planning and other project work while site operations remain suspended; and the Company's commitment to the long-term responsible development of the Panuco Project and continued investment in the Concordia community.Forward-looking statements are based on assumptions that management considers reasonable as of the date of this release, including, without limitation: that the Company will be able to continue cooperating with relevant authorities; that security conditions will stabilize over time; that support services and mitigation measures will remain available and effective; that engineering and planning activities can continue remotely as anticipated; and that legal, regulatory and social conditions will allow for the eventual resumption of site activities.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results or outcomes to differ materially from those expressed or implied by such statements. These risks include, but are not limited to: evolving security conditions in the region; the duration and outcome of investigations by authorities; potential delays or restrictions on site access or operations; risks to employee and contractor safety; reputational risks; community relations risks; regulatory or governmental actions; and other risks and uncertainties described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.



View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-provides-additional-update-on-situation-in-concordia-302734860.htmlSOURCE Vizsla Silver Corp.

Original: VIZSLA SILVER PROVIDES ADDITIONAL UPDATE ON SITUATION IN CONCORDIA

VIZSLA SILVER PROVIDES UPDATE ON SITUATION IN CONCORDIAMarch 5, 2026 12:51 PM
PR Newswire (Canada)

NYSE: VZLA   TSX: VZLAVANCOUVER, BC, March 5, 2026 /CNW/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") provided the following update on the situation in Concordia, Mexico.







Vizsla Silver has been focused on supporting the families of the ten colleagues taken from its project site in Concordia, as well as its employees, through a time of pain, grief, and uncertainty. In recent days, two additional families have received confirmation that their loved one is deceased. Three colleagues remain missing, and Vizsla Silver stands with all affected families during this profoundly difficult time.Michael Konnert, President and CEO of Vizsla Silver, said, "Our hearts are with the families who have lost loved ones, and with those who continue to wait for answers. We remain focused on supporting the affected families and our team, and on the continued efforts to locate those who are still missing."Vizsla Silver continues to cooperate fully with Mexican authorities as search efforts and the broader investigation proceed. The Company remains committed to supporting the authorities in their work and will continue to provide updates as confirmed information becomes available.The safety and security of employees, contractors, and community members remain Vizsla Silver's highest priority. The Company continues to review and strengthen its security protocols in close coordination with local authorities.Mr. Konnert added, "Mexico has a long and proud mining tradition, and we continue to believe strongly in the long-term potential of the Panuco project. In the face of such a painful and tragic moment, we have seen the strength and resilience of our people and the Concordia community. As we work collaboratively with the community and authorities to ensure a safe and responsible path forward, we will do so with our people, our lost colleagues and their families front of mind."The Company appreciates the support of its stakeholders and respectfully asks that the privacy of the individuals and their families be honoured at this time.Website: www.vizslasilvercorp.com  SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and reflect management's expectations or beliefs regarding future events, plans and objectives.Forward-looking statements in this news release include, but are not limited to, statements regarding: the Company's ongoing cooperation with Mexican authorities and engagement with affected families; the continuation, scope and effectiveness of support measures provided to employees, contractors and families; the Company's review of the circumstances surrounding recent events; the assessment and implementation of security, risk management and safety measures; the timing and conditions under which site activities may resume; the ability to advance engineering, planning and other project work while site operations remain suspended; and the Company's commitment to the long-term responsible development of the Panuco Project and continued investment in the Concordia community.Forward-looking statements are based on assumptions that management considers reasonable as of the date of this release, including, without limitation: that the Company will be able to continue cooperating with relevant authorities; that security conditions will stabilize over time; that support services and mitigation measures will remain available and effective; that engineering and planning activities can continue remotely as anticipated; and that legal, regulatory and social conditions will allow for the eventual resumption of site activities.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results or outcomes to differ materially from those expressed or implied by such statements. These risks include, but are not limited to: evolving security conditions in the region; the duration and outcome of investigations by authorities; potential delays or restrictions on site access or operations; risks to employee and contractor safety; reputational risks; community relations risks; regulatory or governmental actions; and other risks and uncertainties described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca. The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.



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Original: VIZSLA SILVER PROVIDES UPDATE ON SITUATION IN CONCORDIA

Siskinds LLP launches investigation into Vizsla Silver Corp., encourages investors and potential witnesses to contact the firmMarch 3, 2026 10:49 AM
PR Newswire (Canada)

TORONTO, March 3, 2026 /CNW/ - Siskinds LLP, a leading Canadian securities class action firm, is investigating a potential class action on behalf of investors in Vizsla Silver Corp. (TSX & NYSE American: "VZLA").







On January 28, 2026, Vizsla Silver issued a news release regarding its Panuco Project in Mexico. The company reported that a security incident had occurred at the project site, in which ten individuals were taken from the site. Vizsla Silver also reported that certain activities at and near the project site had been temporarily suspended. Following this news, Vizsla Silver's stock price fell $1.38 per share, or approximately 15%, to close at $7.88 per share on January 29, 2026 on the TSX.Vizsla Silver investors are encouraged to contact Siskinds LLP at vizslasilver @Investor-4394.Anyone who has information relevant to the investigation is also encouraged to contact Siskinds LLP.By contacting us, there is no cost to you, you are not retaining Siskinds LLP, and you do not incur any obligations in connection with the potential class action. Your information will be held in strict confidence.About Siskinds LLPSiskinds LLP is a pioneer in class action lawsuits and has been recognized as a top-tier Canadian firm by the Chambers and Partners, a global legal review organization, in their 2026 guide. The class actions team, comprised of 25 lawyers admitted to practice in British Columbia, Ontario, and Québec, act exclusively for plaintiffs and has recovered hundreds of millions of dollars for class members in Canada and abroad. Visit siskinds.com and follow us on LinkedIn, YouTube, Instagram and Facebook.SOURCE Siskinds LLP

Original: Siskinds LLP launches investigation into Vizsla Silver Corp., encourages investors and potential witnesses to contact the firm

The Banks Have ‘Lost Control’: $300 Silver, India’s Bid & the End of Western Pricing - Eric Sprott



Daily Chart......OBV turning back up
https://schrts.co/yAYxAKbf

VIZSLA SILVER PROVIDES SECURITY AND OPERATIONS UPDATEFebruary 12, 2026 8:30 AM
PR Newswire (US)

NYSE: VZLA   TSX: VZLAVANCOUVER, BC, Feb. 12, 2026 /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") today provided a further update on the situation in Concordia and the steps it is taking to support the affected families and its colleagues. The Company also reaffirmed its adherence to best practices in safety and governance as it acts in the long-term interests of Vizsla Silver and its stakeholders.







"This is an incredibly painful time for the families of our colleagues, for our team and for the community of Concordia," said Michael Konnert, President & CEO. "We stand with the families and are doing what we can to support them, while also looking after our colleagues during this difficult period."The Company regrettably confirms that five colleagues remain unaccounted for. It recognizes the uncertainty and difficulty this continues to create for their families, for its employees and for the broader community. Vizsla Silver remains focused on supporting affected families and staying closely engaged with the relevant authorities as efforts continue. Vizsla Silver is in direct contact with affected families and is providing practical and financial assistance, as well as access to appropriate support services. Company representatives will continue working closely with families to meet their evolving needs. In addition, Vizsla Silver is supporting its Mexico and Canada-based teams with access to grief counselling and flexible work arrangements.The safety and security of Vizsla Silver's employees and contractors remains a top priority. Since inception Vizsla Silver has made significant investments in security and risk management, with active leadership oversight including regular site visits. While specific security measures require a degree of confidentiality, the Company wishes to advise that it works with experienced, internationally recognized security advisors and continuously assesses conditions across its operating areas. Decisions are informed by ongoing monitoring and intelligence, and the Company acts with the highest degree of caution based on the information available at the time.In addition to cooperating fully with Mexican authorities as their investigation and search continues, the Company is thoroughly reviewing the circumstances surrounding recent tragic events. Given the seriousness of the situation, the Company will comment only on confirmed information as it becomes available and will not engage with unfounded rumors or speculation. Vizsla Silver operates in compliance with applicable Mexican and Canadian laws. A zero-tolerance approach is maintained toward bribery, corruption, extortion, and any form of unlawful or unethical conduct.The Company advises that work on the Panuco project continues while site operations remain suspended. Much of the near-term advancement of the Panuco project is engineering-based and can be conducted remotely, and that work is progressing as Vizsla Silver advances toward its key milestones. The Company remains committed to responsibly developing the Panuco district over the long term and maintaining its investment in the community of Concordia.Mr. Konnert added, "We are taking the steps necessary to navigate this period responsibly. We will continue to support the affected families and our team, remain fully engaged with the relevant authorities, and ensure safety continues to guide all decisions. At the same time, we remain committed to safeguarding the long-term value and strength of Vizsla Silver to benefit all stakeholders and the community of Concordia."Website: www.vizslasilvercorp.com  SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTSThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and reflect management's expectations or beliefs regarding future events, plans and objectives.Forward-looking statements in this news release include, but are not limited to, statements regarding: the Company's ongoing cooperation with Mexican authorities and engagement with affected families; the continuation, scope and effectiveness of support measures provided to employees, contractors and families; the Company's review of the circumstances surrounding recent events; the assessment and implementation of security, risk management and safety measures; the timing and conditions under which site activities may resume; the ability to advance engineering, planning and other project work while site operations remain suspended; and the Company's commitment to the long-term responsible development of the Panuco Project and continued investment in the Concordia community.Forward-looking statements are based on assumptions that management considers reasonable as of the date of this release, including, without limitation: that the Company will be able to continue cooperating with relevant authorities; that security conditions will stabilize over time; that support services and mitigation measures will remain available and effective; that engineering and planning activities can continue remotely as anticipated; and that legal, regulatory and social conditions will allow for the eventual resumption of site activities.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results or outcomes to differ materially from those expressed or implied by such statements. These risks include, but are not limited to: evolving security conditions in the region; the duration and outcome of investigations by authorities; potential delays or restrictions on site access or operations; risks to employee and contractor safety; reputational risks; community relations risks; regulatory or governmental actions; and other risks and uncertainties described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.



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Original: VIZSLA SILVER PROVIDES SECURITY AND OPERATIONS UPDATE

Loading VZLA 

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177247321

I'll bet there are (a lot of company presentations being posted this week)......due to last week being VRIC ?
The Vancouver Resource Conference Week....

Where, isn't it "ironic" that the PM's would tank on THAT week ?

Due to Trumps' (bombshell surprise?) announcement that he HASN'T nominated a yes man.....?


What a day !...What a backtest




Cryptos (delayed reaction?) TODAY sinking hugely
Low has (now) been 75,600 (not shown below)

There are a lot of company presentations being posted this week. We are in a commodities bull market. My internet ISP seems to have a server problem...overload?

Very nice. Thank you.
I shall listen to it in its' entirety soon.
To see whether or not he mentions jurisdictional risk !
.

Vizsla Silver Corporate Presentation | VRIC 2026



Weekly Chart
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10 miners kidnapped and sold into slavery.

more news https://www.northernminer.com/news/vizsla-says-kidnapping-halts-panuco-project-in-mexico/1003887051/

What is going on?
https://finance.yahoo.com/news/vizsla-silver-provides-media-reported-230800034.html

The Super Cycle of Commodities" Chen Lin presents at the January Metals Investor Forum in Vancouver



Weekly Chart
https://schrts.co/eJWmkgMa

VIZSLA SILVER TO ACQUIRE STRATEGIC CLAIMS SURROUNDING PANUCO FROM FRESNILLO PLC
Vancouver, British Columbia (December 18, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to announce that it has entered into an agreement to acquire from Minera Fresnillo S.A. de C.V., a subsidiary of Fresnillo plc (“Fresnillo”) ten claims comprising 2,378 Ha (the “Claims”) along the highly prospective Panuco – San Dimas corridor. Seven of these claims (the “Strategic Claims”) comprising 1,734 Ha are strategic and occur adjacent to the Panuco project (the “Panuco Project” or “Panuco”), covering prospective areas or potential extensions to veins with known mineralization.



Highlights

Property package comprised of 2,378 Ha in the highly prospective Panuco – San Dimas corridor.
Strategic Claims comprised of 1,734 Ha covering highly prospective areas or potential vein extensions.
The Claims contain various prospective areas or potential extensions to veins with known mineralization.
Vizsla Silver has agreed to pay US$2,000,000 and issue US$4,000,000 in common shares to Fresnillo as consideration for the Claims.

“With this acquisition, we now have more prospective ground adjacent to our flagship Panuco project to continue exploring,” stated Michael Konnert, President and CEO. “The Strategic Claims host past production along a trend of known mineralized structures, several of which are included in the recently announced Panuco Feasibility Study. The acquisition of the Claims provides our team with new high-priority targets, which, pending exploration success, not only have the potential to grow the overall resource base but also bolster mine economics in future mine updates and technical studies.”

About the Claims

The Claims comprise ten titled mining claims covering 2,378 Ha (Figure 1) in the emerging silver-gold-rich Panuco – San Dimas corridor with estimated historic production plus current resources and reserves of 1.2-Boz Ag and 15-Moz Au. The Strategic Claims are adjacent to and partially surround the Panuco Project (Figure 2).

The main lithologies identified within the Strategic Claims adjacent to Panuco correspond to the favourable andesite lavas and tuffs with overlying rhyolite tuffs correlative with the Tarahumara formation that were intruded by diorite and granodiorite stocks of the Sinaloa batholitic complex. Additionally, detailed mapping, rock sampling and exploratory drilling suggests that some veins and vein systems within Panuco, such as La Luisa, Cruz Negra, San Dimas, Camelia, La Florida and Cordon del Oro may extend into the Claims.

Furthermore, Vizsla Silver is in the process of expanding its LiDAR survey to cover the Strategic Claims and to start regional recognizance-mapping and rock sampling in highly prospective areas where known mineralization may extend.

Figure 1. Regional map showing Panuco, San Enrique, Santa Fe and the Claims (blue).


Figure 2. Panuco district (green) with known vein traces (targets) potentially extending into the Strategic Claims (blue).



Terms of the Acquisition

The Company entered into an asset purchase agreement (the “Acquisition Agreement”) dated December 17, 2025 with Fresnillo and the Company’s wholly owned subsidiary, Minera Canam, S.A. de C.V. (“Minera Canam”) pursuant to which the Company agreed to acquire, through Minera Canam, all of Fresnillo’s right, title and interest in and to the Claims.

Pursuant to the Acquisition Agreement, the Company has agreed to pay US$2,000,000 and issue 854,697 common shares in the capital of the Company (the “Consideration Shares”) to Fresnillo. The Consideration Shares are subject to a four-month hold period pursuant to applicable Canadian securities laws.



Qualified Person

In accordance with NI 43-101, Jesus Velador, Ph.D. MMSA QP., Vice President of Exploration, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.



About Vizsla Silver and the Panuco Project

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Feasibility Study for Panuco in November 2025 which highlights 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV (5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district scale exploration through low-cost means.



Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer

Tel: (604) 364-2215

Email: info@vizslasilver.ca

Website: www.vizslasilvercorp.ca



SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release contains “forward-looking statements” and “forward-looking information” (together, “forward-looking statements”) within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and reflect management’s expectations or beliefs regarding future events, plans, and objectives.

Forward-looking statements in this release include, but are not limited to, statements regarding: the Company’s exploration and development plans; the potential growth of the Company’s overall resource base and mine economics; the potential for future mine updates and technical studies; and other statements regarding management’s plans, strategies, and future operations.

Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: the accuracy of the Feasibility Study parameters; the availability of financing on acceptable terms; that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company’s continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.

There can be no assurance that the Panuco Project will be placed into production or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management’s current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.

https://mailchi.mp/84d550e3c379/news-vizsla-silver-to-acquire-strategic-claims-surrounding-panuco-from-fresnillo-plc?e=0ca03548e2

VIZSLA SILVER FILES FEASIBILITY STUDY TECHNICAL REPORT ON THE PANUCO PROJECT

Vancouver, British Columbia (December 9, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla” or the “Company”) is pleased to announce the filing of a technical report titled, “Panuco Project – NI 43-101 Technical Report and Feasibility Study” (the “FS”), with an effective date of November 4, 2025. The FS was completed by Ausenco Engineering Canada ULC, supported by Mining Plus Canada Consulting Ltd. and SGS Canada Inc., in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The results of the FS were previously announced in the Company’s news release dated November 12, 225.

The FS is available under Vizsla Silver’s SEDAR+ profile at www.sedarplus.ca, EDGAR or on the Company’s website at www.vizslasilvercorp.com.

About Vizsla Silver and the Panuco Project

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Feasibility Study for Panuco in November 2025 which highlights 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district scale exploration through low-cost means.

Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer
Tel: (604) 364-2215
Email: info@vizslasilver.ca
Website: www.vizslasilvercorp.ca

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release contains “forward-looking statements” and “forward-looking information” (together, “forward-looking statements”) within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and reflect management’s expectations or beliefs regarding future events, plans, and objectives.

Forward-looking statements in this release include, but are not limited to, statements regarding: the potential development of the Panuco Project; the results, interpretation and economic projections of the Feasibility Study, including estimated capital and operating costs, mine life, throughput rates, recoveries, production rates, payback period, AISC, NPV and IRR; the timing, scope and cost of planned exploration, development, permitting and construction activities; the expected timing for submission and approval of environmental permits; expectations regarding project financing and future funding requirements; the anticipated timing of any construction decision, start of production, or achievement of commercial production; the Company’s plans to pursue additional exploration, infill drilling, resource expansion, or optimization studies; the potential to upgrade Inferred Resources to Indicated or Measured categories; potential mine life extensions; future metal prices and exchange rates; and other statements regarding management’s plans, strategies, and future operations.

Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: the accuracy of the Feasibility Study parameters; the availability of financing on acceptable terms; that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company’s continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.

There can be no assurance that the Panuco Project will be placed into production or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management’s current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.

No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals.

VIZSLA SILVER HOSTS IN-DEPTH TECHNICAL OVERVIEW OF ITS RECENT FEASIBILITY STUDY AND CONVERTIBLE OFFERING

Vancouver, British Columbia (December 2, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla” or the “Company”) has posted a replay of its recent webinar summarizing the positive results of the independent Feasibility Study (“FS”) for its 100% owned flagship Panuco silver gold project (“Panuco”) in Mexico.

“With the completion of our Feasibility Study and this successful convertible notes offering, we are thrilled to have achieved two major milestones for Vizsla Silver,” stated Michael Konnert, CEO of Vizsla Silver. “The Feasibility Study confirms the strong technical foundation and economic viability of Panuco, consistent with the results outlined in our PEA. The new financing replaces the previously announced debt mandate with Macquarie and provides a flexible structure that positions us to rapidly advance Panuco with wider growth prospects. We are grateful to our investors for their continued support as we move Panuco toward a construction decision and the next phase of value creation.”

To watch the Feasibility Study Webinar, please press here.

https://vizslasilvercorp.com/vizsla-silver-delivers-positive-feasibility-study-for-the-panuco-project/

For more information on the Feasibility Study, please see Vizsla’s press release dated November 12, 2025, here

https://mailchi.mp/87232f90c66f/news-vizsla-silver-hosts-in-depth-technical-overview-of-its-recent-feasibility-study-and-convertible-offering?e=0ca03548e2

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Down it goes on convertible $4.06

VIZSLA SILVER ANNOUNCES PROPOSED OFFERING OF US$250 MILLION OF CONVERTIBLE SENIOR NOTES

Opportunistic capital raise with proceeds used to support exploration and development of the Panuco Project, potential future acquisitions, and general corporate purposes

A portion of the proceeds to be used to purchase cash-settled capped calls intended to compensate for economic dilution

Vancouver, British Columbia (November 19, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) announces its intention to offer convertible senior unsecured notes due 2031 (the “Notes”) in an aggregate principal amount of US$250 million (the “Offering”). The Company expects to grant the initial purchasers of the Notes an option for a period of 13 days, beginning on, and including the date on which the Notes are first issued, to purchase up to an additional US$50 million aggregate principal amount of Notes.

The Company intends to use the net proceeds from the Offering to support the exploration and development of the Panuco Project, potential future acquisitions, as well as for general corporate purposes. Additionally, the Company intends to pay the purchase price for the capped call transactions with a portion of the net proceeds from the Offering or from existing cash on hand. If the initial purchasers exercise their option to purchase additional Notes, the Company expects to use a portion of the net proceeds from the sale of the additional Notes to enter into additional capped call transactions with the capped call counterparties and the remaining net proceeds for general corporate purposes.

The Notes

The Notes will be senior unsecured obligations of the Company and will accrue interest at a rate payable semi-annually in arrears on January 15 and July 15 of each year, beginning on July 15, 2026, and will be convertible into common shares of the Company (the “Shares”), cash or a combination of Shares and cash, at the Company’s election. The Notes will mature on January 15, 2031, unless earlier converted, redeemed or repurchased. Prior to October 15, 2030, the Notes will be convertible only under certain circumstances, and thereafter, the Notes will be convertible at any time until the close of business on the second scheduled trading day immediately preceding the maturity date.

The interest rate, the initial conversion rate and other terms of the Notes will be determined by the Company and the initial purchasers and will depend on market conditions at the time of pricing of the Offering. The Company will have the right to redeem the Notes in certain circumstances, and holders will have the right to require the Company to repurchase their Notes upon the occurrence of certain events.

Capped Call Transactions

In connection with the Offering, the Company expects to enter into privately negotiated cash-settled capped call transactions with one or more of the initial purchasers of the Notes, their respective affiliates and/or other financial institutions (the “capped call counterparties”). The capped call transactions will cover, subject to anti-dilution adjustments substantially similar to those applicable to the Notes, the number of Shares that will initially underlie the Notes. The capped call transactions are expected generally to compensate (through the payment of cash to the Company) for potential economic dilution upon conversion of the Notes and/or offset any cash payments that the Company could be required to make in excess of the principal amount of any converted Notes upon conversion thereof, as the case may be, with such compensation and/or offset subject to a cap.

In connection with establishing their initial hedges of the capped call transactions, the Company expects the capped call counterparties or their respective affiliates to enter into various derivative transactions with respect to the Shares and/or purchase Shares concurrently with, or shortly after, the pricing of the Notes, including with, or from, as the case may be, certain investors in the Notes. This activity could increase (or reduce the size of any decrease in) the market price of the Shares or the Notes at that time.

In addition, the capped call counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to the Shares and/or purchasing or selling the Shares or other of the Company’s securities in secondary market transactions following the pricing of the Notes and prior to the maturity of the Note (and are likely to do so during the 45 trading day period beginning on the 46th scheduled trading day prior to the maturity date of the Notes and, to the extent the Company exercises the relevant election under the capped call transactions, following any earlier conversion, redemption or repurchase of the Notes). This activity could also cause or avoid an increase or a decrease in the market price of the Shares or the Notes, which could affect a noteholder’s ability to convert the Notes and, to the extent the activity occurs during any observation period related to a conversion of the Notes, it could affect the number of Shares and value of the consideration that noteholders will receive upon conversion of the Notes.

The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and the NYSE American, and there can be no assurance as to whether, when or on what terms the Offering may be completed.

The Notes and the Shares issuable upon the conversion thereof have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), registered under any state securities laws, or qualified by a prospectus in any province or territory of Canada. The Notes and the Shares may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from registration under the Securities Act. The Notes will be offered only to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act). Offers and sales in Canada will be made only pursuant to exemptions from the prospectus requirements of applicable Canadian provincial and territorial securities laws.

This press release is neither an offer to sell nor the solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer to sell or solicitation of an offer to buy, or a sale of, the Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Qualified Person

In accordance with NI 43-101 – Standards of Disclosure for Mineral Projects, Jesus Velador, Ph.D. MMSA QP., Vice President of Exploration, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.

About Vizsla Silver

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district scale exploration through low-cost means.


SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts, such as statements concerning the proposed terms of the proposed Offering, the capped call transactions, the completion, timing and size of the proposed Offering, and the anticipated uses of proceeds from the proposed Offering (including the capped call transactions). All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements.

In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would,” “will” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of the Company's management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others, the risk that the Company may not be able to consummate the proposed Offering or the capped call transactions on satisfactory conditions or at all, and other risks described in the Company’s filings with the Securities and Exchange Commission and available under its profile on SEDAR+ at www.sedarplus.ca, including under the heading "Risk Factors" in those filings, and other risks it may identify from time to time. Forward-looking statements contained herein are made only as to the date hereof, and the Company assumes no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as expressly required by applicable law.

https://mailchi.mp/41b83d4e65d9/news-vizsla-silver-delivers-positive-feasibility-study-for-the-panuco-project-5859321?e=0ca03548e2

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Weekly Chart

Upcoming on YouTube Dec 8 at 7:30 PM

vzla................................https://stockcharts.com/sc3/ui/?s=VZLA&p=W&b=5&g=0&id=p86431144783

VIZSLA SILVER ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING & AUDITOR CHANGE

Vancouver, British Columbia (October 3, 2025) – Vizsla Silver Corp. (TSX: VZLA)(NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to announce the results of the Company’s annual general and special meeting of shareholders (the “Meeting”) held in Vancouver, British Columbia on October 2, 2025.


Shareholders were asked to vote on the following:

• Fix the number of directors at seven persons;

• Elect Craig Parry, Michael Konnert, Simon Cmrlec, Harry Pokrandt, David Cobbold, Eduardo Luna and Suki Gill as directors for the ensuing year;

• Re-appoint MNP LLP as the Company’s auditor for the ensuing year and authorize the directors to determine the remuneration to be paid to the auditor;

• Approve the Company’s omnibus equity incentive compensation plan; and

• Alteration of the Company’s Articles.


Shareholders approved all motions put forth at the Meeting and a total of 181,024,637 shares were voted, representing 52.63% of the Company’s issued and outstanding shares as at the record date for the Meeting. A detailed report of the results is available on the Company’s profile on SEDAR+ and EDGAR. Please refer to Table 1 below for the detailed results of the votes for each Director


Table 1: Detailed Voting Results for Re-Election of the Board of Directors

Auditor Change

The Company announces that it has changed its auditor from MNP LLP (“Former Auditor”) to Deloitte LLP (“Successor Auditor” or “Deloitte LLP”) effective October 3, 2025. The appointment of Deloitte LLP was necessary to support the growth and regulatory requirements of the Company.


The Former Auditor’s reports on the Company’s financial statements for the two most recent fiscal years ended April 30, 2025 and April 30, 2024 did not contain any modifications or reservations and there were no reportable events as defined in National Instrument 51-102 in connection with their audits through to the date of change.


In accordance with NI 51-102, the Company has filed a Notice of Change of Auditor along with the required letters from both the Former Auditor and Successor Auditor on SEDAR+ and EDGAR.


About Vizsla Silver


Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means.


Technical Disclosure


In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), Jesus Velador, Ph.D. MMSA QP, Vice President of Exploration, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.


No production decision has been made for Panuco at this time. Any decision to proceed to construction or commercial production will only be made following completion of a feasibility study that demonstrates economic and technical viability in accordance with NI 43-101.


Contact Information: For more information and to sign-up to the mailing list, please contact:


Michael Konnert, President and Chief Executive Officer

Tel: (604) 364-2215

Email: info@vizslasilver.ca

Website: www.vizslasilvercorp.ca


SPECIAL NOTE REGARDING FORWARD LOOKINGSTATEMENTS

Certain statements contained in this news release constitute forward-looking statements or forward-looking information under applicable securities laws (collectively, “forward-looking statements”). Such statements relate to future events or the Company’s future plans, performance, business prospects, or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management’s experience and perception of historical trends, current conditions and expected future developments. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “forecast”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions) are not statements of historical fact and may be “forward-looking statements”.

Forward-looking statements include, but are not limited to: anticipated advancement of the Panuco Project through feasibility and potential development; results and timing of exploration, drilling and metallurgical testing; projected production levels, recovery rates and mine life; expected project economics and capital and operating cost estimates; ability to obtain permits, licenses and approvals; availability of financing and completion of potential funding arrangements; the impact of future economic conditions and commodity price assumptions; management and employee performance and alignment through incentive grants; and the Company’s strategy to position itself as a leading silver company through a dual-track approach that advances mine development while continuing district-scale exploration at Panuco.

All forward-looking statements contained in this news release represent the Company’s views as of the date hereof. Forward-looking statements are included to assist investors in understanding the Company’s business, operations, plans and objectives. By their very nature, forward-looking statements require the Company to make assumptions. There are many factors, circumstances, and risks (known and unknown) that could cause actual results to differ materially from those implied or expressed by these forward-looking statements, including: changes in project parameters as plans continue to be refined; risks inherent in mineral exploration and development; availability and cost of financing, labour and contractors; fluctuations in commodity prices, foreign exchange rates, and costs of inputs; variations in grade, recovery rates or production performance; delays or failures to obtain required permits and approvals; political, regulatory or social risks in Mexico; relations with local communities and governments; unanticipated environmental impacts or liabilities; infrastructure availability; global market volatility and broader macroeconomic conditions; and climate-related risks, including extreme weather events. Additional risk factors are set out in the Company’s most recent Annual Information Form, Form 40-F and Management’s Discussion and Analysis.

The Company believes that the expectations reflected in these forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. Actual results may differ materially from those expressed or implied by such forward-looking statements.

https://mailchi.mp/9f52e7469d30/news-vizsla-silver-announces-results-of-annual-general-meeting-auditor-change?e=0ca03548e2

"Silver is the new Silver" Peter Krauth presents at the September Metals Investor Forum in Vancouver

VIZSLA SILVER ANNOUNCES RELEASE OF ITS THIRD ANNUAL SUSTAINABILITY REPORT


Vancouver, Canada – (September 29, 2025) – Vizsla Silver Corp. (TSX: VZLA; NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is proud to announce the release of its third annual Sustainability Report (the “Report”), which highlights the Company’s continued dedication to sustainable growth and gives an overview of key initiatives and measurable achievements made in the areas of community engagement and environmental footprint.

“Our commitment to sustainability comes from our core values which guide everything we do at Vizsla Silver. This year’s report highlights the collective efforts of our team who are all working towards a shared vision of a greener future,” said Michael Konnert, President and CEO. “We are incredibly proud of our progress, and our focus remains on driving innovation, reducing our environmental impact, and creating positive change for future generations. We are excited to take steps towards our concept of Regenerative Mining this coming year. Over the last three years, the Company has invested over US$600,000 into local community well-being initiatives, including projects like the Venados de Mazatlán partnership and health fairs. Additionally, I want to congratulate our team in Mexico, led by Hernando Rueda, for renewing the ESR distinction (Empresa Socialmente Responsable-Social Responsibility Distinction) for the fourth year in a row.”

The Report provides detailed insights into Vizsla Silver’s performance and initiatives across three key pillars of sustainability – environmental stewardship, social responsibility, and ethical governance, including:

Environmental:

• Maintained voluntary efforts to rehabilitate two aging tailing storage facilities from legacy operations

• Cultivated approximately 5,000 native trees, accounting from 19 different species that will serve in future restoration activities

Social:

• Partnered with the Venados de Mazatlán baseball team, which aims to create positive community impact in Mazatlán through well-being initiatives

• Invested US$205,300 in community well-being, bringing the cumulative total investment to over US$600,000

Governance

• Strengthened the Company’s environmental, social and governance (“ESG”)reporting framework and updated ESG goals

• Initiated the process of updating the Company’s Social Impact

Assessment

The Report was prepared with reference to the IFRS Foundation International Sustainability Standards Board (ISSB) SASB Metals and Mining Standard and represents an opportunity for stakeholders to gain a comprehensive understanding of the Company's sustainability journey. The Report will be shared through various communication channels, including the Company's website. To view the full Report, please visit www.vizslasilvercorp.ca.

About the Panuco Project

The newly consolidated Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlán. The original contiguous 7,189.5 Ha past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, roads, power, and permits.

The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. Host rocks are mainly continental volcanic rocks correlated to the Tarahumara Formation.

On January 6, 2025, the Company announced an updated mineral resource estimate for Panuco which includes an estimated in-situ combined measured and indicated mineral resource of 222.4 Moz AgEq and an in-situ inferred resource of 138.7 Moz AgEq (please refer to Vizsla’s press release dated January 6, 2025).

About Vizsla Silver

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means.

Technical Disclosure

In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), Jesus Velador, Ph.D. MMSA QP, Vice President of Exploration, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.

No production decision has been made for Panuco at this time. Any decision to proceed to construction or commercial production will only be made following completion of a feasibility study that demonstrates economic and technical viability in accordance with NI 43-101.

Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer

Tel: (604) 364-2215

Email: info@vizslasilver.ca

Website: www.vizslasilvercorp.ca

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

Certain statements contained in this news release constitute “forward-looking statements” or “forward-looking information” under applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). These statements relate to future events or the Company’s future performance, business prospects, or opportunities, and are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management’s experience, historical trends, current conditions, and expected future developments. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “forecast”, “potential”, “target”, “intend”, “could”, “might”, “should”, “believe” and similar expressions) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements in this news release include, but are not limited to: the anticipated advancement of the Panuco Project through feasibility and potential development; the timing and results of exploration, drilling and metallurgical testing; projected production levels, recovery rates, mine life and project economics; expectations regarding capital and operating cost estimates; the Company’s ability to obtain required permits, licenses and approvals; the availability of financing and completion of potential funding arrangements; management and employee performance and alignment through incentive grants; and the Company’s ESG initiatives and goals, including sustainability strategy, community investments, and environmental impact reduction efforts. Forward-looking statements are included to provide investors and stakeholders with information regarding management’s current expectations and plans, and may not be appropriate for other purposes.

All forward-looking statements contained in this news release represent the Company’s views as of the date hereof and are necessarily based on a number of assumptions that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Such factors include, without limitation: changes in project parameters as plans continue to be refined; risks inherent in mineral exploration and development; availability and cost of financing, labour and contractors; fluctuations in commodity prices, foreign exchange rates and costs of inputs; variations in grade, recovery rates or production performance; delays or failures to obtain required permits and approvals; political, regulatory or social risks in Mexico; relations with local communities and governments; unanticipated environmental impacts or liabilities; infrastructure availability; global market volatility and broader macroeconomic conditions; and climate-related risks, including extreme weather events. Additional risk factors are set out in the Company’s most recent Annual Information Form, Form 40-F and Management’s Discussion and Analysis, each of which is filed under the Company’s profile on SEDAR+ at www.sedarplus.ca and with the SEC at www.sec.gov.

Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company does not undertake any obligation to update these forward-looking statements, except as required by applicable laws. Actual results may differ materially from those expressed or implied by such forward-looking statements.

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GO BABY GO

Vizsla Silver Enters US$220M Project Finance Mandate with Macquarie to Fund Development of the Panuco Project

Vancouver, Canada – (September 5, 2025) – Vizsla Silver Corp. (TSX: VZLA; NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla" or the "Company") is pleased to announce it has executed a mandate letter with Macquarie Bank Limited (“Macquarie”) as lead arranger for a senior secured project finance facility (the “Facility”) of up to US$220 million to fund the construction and development of the high-grade underground Panuco silver-gold project in Sinaloa, Mexico (“Panuco”).

The Facility will be arranged by a syndicate of banks, with Macquarie retaining a 70% interest and managing syndication of the remaining 30%. Macquarie will act as lead arranger, agent and sole underwriter. In this capacity, Macquarie will be responsible for coordinating the syndication process and ongoing project monitoring.

Subject to execution of definitive credit documentation and satisfaction of customary conditions, Vizsla Silver may draw an initial US$25 million early-drawdown tranche down from the Facility, providing immediate funding for early development, construction preparation, and working capital ahead of the full project build-out at Panuco. The balance of the Facility will become available following satisfaction of customary conditions precedent tied to the planned feasibility study, equity funding, and permitting, and will be applied toward mine construction, commissioning, and associated infrastructure at Panuco if a construction decision is made. Based on current SOFR levels, the Facility is expected to carry an interest cost of approximately 10% during construction and below 10% post-completion, reflecting a margin of 5.75% and 5.25% respectively, with no mandatory hedging requirements.

“Macquarie brings deep expertise in structuring project financing for large-scale mining developments, reinforcing Panuco as a globally recognized, financeable asset,” stated Michael Konnert, President and CEO of Vizsla Silver. “Securing this debt financing mandate brings us one step closer to de-risking Panuco into production. Their support reflects the exceptional quality of Panuco and our team’s ability to deliver. Together with the Company’s current cash position, this debt facility is expected to fully fund the Panuco Project through to first silver production, and we remain firmly on schedule with this and other key de-risking milestones, positioning us to transition seamlessly into construction. I would also like to recognize Chris Adams, our debt advisor, for his pivotal role in preparing Vizsla for an efficient and successful negotiation process.”

Vizsla received significant interest from multiple banks and alternative lenders across North America and Europe, each presenting highly competitive terms. Following a rigorous, competitive process focused on maximizing net asset value per share, Vizsla selected Macquarie for their combination of the most attractive cost of capital and the best alignment with Panuco’s development timeline. Vizsla is pleased with the strong working relationship established with Macquarie and the efficient execution of the process to date.

Advancing on schedule and to plan, the Morgan test mine is providing tangible evidence of the Vizsla team’s technical capabilities, operational discipline, and commitment to safe, efficient development. The results to date not only validate key assumptions for the planned feasibility study but also demonstrate that the same approach and attention to detail can be carried forward into full-scale construction with the backing of Macquarie.

Any offer to provide the Facility remains subject to completion of due diligence, negotiation of definitive agreements, final credit approvals and other customary conditions. Closing is targeted for Q1 2026, in alignment with the Company’s broader project development schedule. Vizsla is working closely with Macquarie to efficiently advance the Facility towards funding.

The Company notes that Mr. David Cobbold, a Director of Vizsla, is also Vice Chairman of Macquarie. Mr. Cobbold did not participate in the board’s deliberations or vote with respect to the Facility. The decision to enter the mandate letter was approved by the independent directors of the Company.

About the Panuco Project

The newly consolidated Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlán. The original contiguous 7,189.5 Ha past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, roads, power, and permits.

The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. Host rocks are mainly continental volcanic rocks correlated to the Tarahumara Formation.

On January 6, 2025, the Company announced an updated mineral resource estimate for Panuco which includes an estimated in-situ combined measured and indicated mineral resource of 222.4 Moz AgEq and an in-situ inferred resource of 138.7 Moz AgEq (please refer to Vizsla’s press release dated January 6, 2025).

About Vizsla Silver

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to become the world's leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means.

Technical Disclosure

In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), Jesus Velador, Ph.D. MMSA QP, Vice President of Exploration, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.

No production decision has been made for Panuco at this time. Any decision to proceed to construction or commercial production will only be made following completion of a feasibility study that demonstrates economic and technical viability in accordance with NI 43-101.

Information Concerning Estimates of Mineral Resources

The scientific and technical information in this news release was prepared in accordance with NI 43-101 which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the “SEC”). The terms "measured mineral resource", "indicated mineral resource" and "inferred mineral resource" used herein are in reference to the mining terms defined in the Canadian Institute of Mining, Metallurgy and Petroleum Standards (the “CIM Definition Standards”), which definitions have been adopted by NI 43-101. Accordingly, information contained herein providing descriptions of our mineral deposits in accordance with NI 43-101 may not be comparable to similar information made public by other U.S. companies subject to the United States Federal securities laws and the rules and regulations thereunder.

You are cautioned not to assume that any part or all of mineral resources will ever be converted into reserves. Pursuant to CIM Definition Standards, “inferred mineral resources” are that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Such geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An inferred mineral resource has a lower level of confidence than that applying to an indicated mineral resource and must not be converted to a mineral reserve. However, it is reasonably expected that the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. Under Canadian rules, estimates of inferred mineral resources may not form the basis of Feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. Disclosure of“ contained ounces” in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute “reserves” by SEC standards as in place tonnage and grade without reference to unit measures.

Canadian standards, including the CIM Definition Standards and NI43-101, differ significantly from standards in the SEC Industry Guide 7. Effective February 25, 2019, the SEC adopted new mining disclosure rules under subpart 1300 of Regulation S-K of the United States Securities Act of 1933, as amended (the “SEC Modernization Rules”), with compliance required for the first fiscal year beginning on or after January 1, 2021. The SEC Modernization Rules replace the historical property disclosure requirements included in SEC Industry Guide 7. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”. Information regarding mineral resources contained or referenced herein may not be comparable to similar information made public by companies that report according to U.S. standards. While the SEC Modernization Rules are purported to be “substantially similar” to the CIM Definition Standards, readers are cautioned that there are differences between the SEC Modernization Rules and the CIM Definitions Standards. Accordingly, there is no assurance any mineral resources that the Company may report as “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” under NI 43-101 would be the same had the Company prepared the resource estimates under the standards adopted under the SEC Modernization Rules.

Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer
Tel: (604) 364-2215
Email: info@vizslasilver.ca
Website: www.vizslasilvercorp.ca

https://mailchi.mp/fed986895a78/news-vizsla-silver-enters-us200m-project-finance-mandate-with-macquarie-to-fund-development-of-the-panuco-project?e=0ca03548e2

VIZSLA SILVER ANNOUNCES CHANGE OF TRANSFER AGENT

Vancouver, British Columbia (August 11, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE:VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) announces that Odyssey Trust Company has replaced Computershare Trust Company as the transfer agent effective August 11, 2025. Shareholders do not need to take any action in respect to the change in transfer agent.

All inquiries and correspondence relating to shareholders’ records, transfer of shares, lost certificates, changes of addresses or other inquiries related to shares should now be directed to Odyssey Trust Company as follows:

About Vizsla Silver

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to become the world's leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means.

Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer

Tel: (604) 364-2215

Email: info@vizslasilver.ca

Website: www.vizslasilvercorp.ca

FORWARD LOOKING STATEMENTS

This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information.

Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Vizsla, future growth potential for Vizsla and its business, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold, and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Vizsla’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect Vizsla’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and Vizsla has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company's dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company's mining activities in Mexico; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities and artisanal miners; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in Vizsla’s management discussion and analysis. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although Vizsla has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. Vizsla does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

https://mailchi.mp/6a6b12c97eed/news-vizsla-silver-announces-change-of-transfer-agent?e=0ca03548e2

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Today's webcast



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VIZSLA SILVER INCREASES EXPLORATION, COMPLETES GEOPHYSICAL SURVEY HIGHLIGHTING NEW TARGETS PROXIMAL TO PANUCO PROJECT 1 & COMMENCES INITIAL FIELD WORK AT NEWLY ACQUIRED SANTA FÉ PROPERTY TO THE SOUTH OF PANUCO IN THE HUNT FOR PROJECT 2
July 29, 2025
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https://vizslasilvercorp.com/vizsla-silver-increases-exploration-completes-geophysical-survey-highlighting-new-targets-proximal-to-panuco-project-1-commences-initial-field-work-at-newly-acquired-santa-fe-property-to-the-so/


Vancouver, British Columbia (July 29, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to announce preliminary results from its recently completed HLEM survey covering the Copala and Napoleon Vein corridors at its flagship Panuco silver-gold district (the “Property” or “Panuco”) and outlines initial exploration plans to test the newly acquired producing Santa Fé property located south of Panuco in Western, Mexico.

“As our development team continues to de-risk and advance Project #1 in the west, our exploration team led by Dr. Jesus Velador, has been busy compiling and analysing new data to locate additional mineralized centers across not only the original contiguous Panuco District but within Vizsla Silver’s newly acquired properties situated along the emerging Western Mexico Silver Belt,” commented Michael Konnert – CEO. “Since our initial discovery at Napoleon we have completed over 390,000 metres of diamond drilling, made several new discoveries and outlined a robust, high-grade resource base which serves as the foundation for Panuco Project 1, located in the southwest corner of the district. We are now determined to identify the next epicenter of high-grade mineralization with the potential to host similar resources to that outlined in Project 1. To support this objective, we have completed a new geophysical survey focused on the Copala and Napoleon vein corridors, highlighting several new near-surface anomalies. This combined with results from ongoing mapping and sampling, observations of metal ratios, alteration, and other exploration methods has improved our geologic understanding of the structural controls to mineralization and has outlined several new high priority targets to both enhance Project #1 and hunt for Project #2.”

Key Exploration Objectives for 2025

Complete +25,000 metres of exploration drilling (~8,000 metres completed).
Complete Airborne Electromagnetic (TEM) survey on +1,000 l-km at Panuco.
Advance mapping of the district to 70% coverage.
Generate near-mine drilling targets at Santa Fé through detailed mapping and data analysis.

Webcast

Vizsla Silver will be hosting a webcast at 10:00 am PT (2:00 pm ET) on Wednesday July 30, 2025, to present and discuss the geology of the Panuco district and outline its exploration plans and objectives for the remainder of the year. To register, please click here.

Enhancing Project #1:

Vizsla Silver exploration approach and programs completed to date have resulted in a significantly improved geologic understanding of the district and have successfully defined multiple layers of exploration upside radiating out from the current center of mass in the west. This center of mass, referred to as Project 1, hosts ~98% of the current mineral resources in the District and is the focus of the pending Feasibility Study (see Press Release related to mineral resources update from January 6, 2025, and PEA from July 24, 2024).

Project #1 upside potential supported by a recently completed ground HLEM survey consists of 1) expansions to open resources on known structures within the Copala and Napoleon corridors and 2) proximal targets located in Panuco West situated within potential hauling distance to the proposed PEA processing location.

Resource Extension Targets:

The Copala structure remains open down-dip in the south and along strike to the north. Additionally, the recent discovery of the historic Copala adit and near surface high-grade mineralization intercepted below it, there exists potential for additional high-grade shoots extending to surface along strike to the south.
Napoleon HW4 is a shallow dipping vein that splays off to the east from the main Napoleon Vein. Drilling to date, targeting Napoleon Main has reported multiple high-grade intercepts along HW4 that support potential future resource expansion down dip to the east.
La Luisa remains open at depth and along strike to the southeast and to the north in the 400-metre gap zone. Updated geologic modelling and observed metal ratios suggest two potential new feeder zones at depth that warrant future drill-testing.
Cruz Negra is a relatively narrow (1.20 mTW on average), gold-rich vein trending northwest that splays off from the Josephine Vein (situated to the west and parallel to Napoleon). Open-ended intercepts completed in 2022 suggest that mineralization continues to the northwest in the direction of the Alacran Vein in the northwest. This 500-metre gap between drilling completed at Cruz Negra in the southeast and Alacran in the northwest hosts potential for near surface resource expansion.

Figure 1

Figure 1: Copala mineral resources seen on longitudinal section and showing potential high grade mineralization extending close to surface (blue ellipses).

Proximal Targets:

Colorada-Napoleon intersection is a conceptual target located at the projected intersection of the Copala fault and the northern extent of Napoleon, where geologic conditions suggests good structural preparation within in favorable host rock. This is further supported by preliminary AI and Machine Learning analysis completed by VRIFY. Additionally, the recently completed, frequency-domain ground HLEM geophysical survey has revealed multiple conductor anomalies. Some of these anomalies that deviate from trends coincide with mapped vein traces or vein projections. Vizsla Silver’s team is analyzing the geophysical data to plan additional exploratory drilling in this area.
4 de Mayo is a set of narrow subvertical veins trending northwest located 1.0 km to the west of La Luisa, where exploratory drilling has reported high-grade silver intercepts close to surface. The 4 de Mayo veins show strong pinch and swell characteristics but remain open to the south and at depth. Ground HLEM geophysics has identified a series of compelling anomalies along and south of the 4 de Mayo vein system, supporting the case for follow-up exploration drilling.
San Jack and San Peter are two parallel structures that show subtle quartz veining and strong hydrothermal alteration on surface. These structures are located 2.5 km west of Napoleon and 1.5 km west of La Luisa, in the southwest dipping, western block of the district. Extrapolation of our working exploration model applied at Napoleon and La Luisa suggests that the top of vein mineralization could occur below the rhyolite tuff – andesite contact, approximately 200 metres below surface. HLEM geophysics defined conductor anomalies over San Jack and San Peter, making these two vein targets appealing.

The Esmeralda-Tecolote target comprises two newly mapped epithermal veins. Sampling results and observed vein textures indicate a high-level position within the epithermal system, supporting future drill testing.
Figure 2

Figure 2: Plan map of the Panuco property highlighting resource extension (purple circle) and proximal exploration targets in the west (orange circle). The blue wavy lines in the west represent the recently completed ground HLEM survey lines.

The Hunt for Project #2:

Beyond expanding resources and testing targets which complement Project #1 in the west, Vizsla Silver is committed to finding additional mineralized centers in the central and east areas of the district. Supporting evidence for multiple mineralized centers includes intrusions of varying age and composition, the widespread presence of dikes and domes, extensive hydrothermal alteration across the district, >150 known vein prospects, and geochemical data indicating distinct ages of mineralization at Copala and Panuco compared to the alteration age at the La Guayanera dome above the Animas Vein. New age dating analysis determined 40Ar/39Ar age dates resolved mineralization at Copala and Napoleon at 25.81 ± 0.05 Ma and 25.72 ± 0.06 Ma (identical age within error for the two veins) and sericite alteration at the Guayanera dome along the Animas vein trend at 32.14 ± 0.17 Ma. The age gap of ~6 Ma between epithermal mineralization in the west and hydrothermal alteration (activity) farther east, supports the hypothesis that multiple hydrothermal centers operated in the district over time.

Since consolidation of the Panuco district, Vizsla Silver has continuously conducted detailed geologic mapping and rock chip sampling to identify additional mineralized centers. To date Vizsla Silver has mapped 68% of the district at a 1:1,000 scale and has collected over 5,000 rock chip samples. The mapping and sampling efforts, supported by a LiDAR survey conducted in 2023, have allowed the Company to define over 158 targets in the district, of which 43 have been drill tested. With the recent integration of Terraspec data, WorldView-III, and ASTER satellite imagery, the Company is enhancing its ability to prioritize and rank these exploration targets. An example of this is the most recent discovery of high-grade mineralization along the Animas vein system at the La Pipa target where hole AM-25-90 intercepted 653 g/t silver, 4.26 g/t gold, 0.02 % lead and 0.04 % zinc (897 g/t AgEq) over 5.80 metres true width (mTW) and 457 g/t silver, 2.00 g/t gold, 0.08 % lead and 0.18 % zinc (568 g/t AgEq) over 2.60 mTW (see News Release from March 31, 2025).

For the remainder of 2025, Vizsla Silver will continue its ongoing fully funded +25,000 metre exploration drill program designed to test vein extensions and geophysical anomalies at Colorada North, Napoleon – Copala fault intersection, Animas (La Pipa), and to explore for potential blind to surface veins along three E-W oriented drill-hole Fences in Panuco West.

Other district wide exploration initiatives planned for Q4 2025 include a time domain Electro Magnetic (TEM) survey, airborne geophysical survey on over 1,000-line km with flight lines oriented NE-SW at 100 m line-spacing and NW-SE oriented tie-lines at 500 m spacing. Data from these surveys will be combined with existing geological, geochemical, alteration, and WorldView-III multispectral datasets to refine exploration targeting and guide the search for new zones of mineralization.

District Targets:

Notable targets to be tested in the central, and east area of the district with potential to host similar mineral resources to that outlined in Project #1 in the west include:

La Pipa is a high-grade shoot discovered this year along the proliferous 7-km long Animas vein system. The company plans to drill +8,000 metres on Animas to follow up on the recent discovery and to explore for additional high-grade shoots in the area.
Camelia-San Dimas area consists of two almost vertical subparallel veins in the Camelia trend and the high-grade, flat lying and east dipping San Dimas Vein.
San Fernando-Nacaral are two parallel veins with significant silver anomalies on surface. More importantly, geologic mapping suggests that exposed outcrops of the veins occur proximal to the paleosurface, thus providing great potential at depth.
El Roble, Oregano and La Wicha are NW trending veins located on the eastern side of the Project. Previous mapping and rock geochemistry on these veins suggest high elevation in the vein system and therefore warrant additional exploration drilling.
Jesusita-Palos Verdes is a northeast trending vein target in the east area of the district. Positive drill results and alteration-based interpretations done by Prismo Metals, combined with significant silver anomalies on surface and extensive vein outcrops warrant additional drilling at depth.

Figure 3

Figure 3: Plan map of the Panuco property highlighting high priority district-wide targets in the central-northeast areas (blue circles). Blue wavy lines in the west represent the ground HLEM survey lines in the west area. Main veins with mineral resources in the west are also shown.

Greenfields exploration:

The recent acquisitions of the La Garra, San Enrique and Santa Fé properties has increased Vizsla Silver’s land package to over 47,000 Ha (~650% increase) in the highly prospective Panuco-San Dimas corridor situated on the emerging Western Mexico Silver belt. This adds yet another layer of blue-sky exploration potential beyond that of the initial contiguous Panuco District. The Company has started building a GIS database of the region and plans to apply the same exploration approach that has been successful at the initial Panuco property to these three prospects in the future. The Company is undertaking mapping and interpretations and will target initial drilling at Santa Fé in the coming quarters.
Figure 4

Figure 4: Regional geology (source Servicio Geologico Mexicano) showing the Panuco – San Dimas corridor with La Garra, Panuco, San Enrique and Santa Fe projects.

Santa Fé

The Santa Fé Project is situated along the highly prospective Panuco – San Dimas corridor and includes both production and exploration concessions covering 12,229 Ha. Santa Fé is located to the south of the Company’s flagship Panuco project and benefits from permitted on-site production infrastructure including an operating 350 tonne per day (“tpd”) mill.

Mining at Santa Fé likely dates back to the Spanish era, based on an old smelter-furnace and shaft discovered by Eduardo de La Peña (current operator) when he started mining waste dumps back in 2008; approximately 20,000 tonnes of dump-material containing ~2.0 g/t gold and ~200 g/t silver were trucked to the El Coco mill at Panuco for processing (Pers. Comm. Eduardo de la Peña).

Between 2008 and 2014, Mr. de La Peña staked additional claims around the original Santa Fé mine and in 2014 drilled the first 1,000 meters on the property, discovering the “Mother” or “Santa Fé” vein. In 2014, Oro de Altar (ODA, a subsidiary of Aurico Gold) optioned the property and conducted a high-resolution airborne magnetic and radiometric survey, mapped the mine area and drilled 11,957 meters in 45 diamond drill holes. Aurico´s drilling delineated a high-grade shoot along the main “Mother” vein, which motivated Mr. de la Peña to construct additional mine infrastructure including a 6 km long power line in 2016, and later in 2018, a processing plant and underground mine. In 2020, Minera Cuzcatlan (subsidiary of Fortuna Silver Mines Inc.) optioned the property, drilled 7,547 metres in 17 holes, completed an Induced Polarization geophysical survey over approximately 756 Ha, and completed a LiDAR survey over 21,000 Ha. Between 2020 and 2024 the Santa Fé plant processed 370,366 tonnes of ore with average head grades of 203 g/t silver and 2.17 g/t gold (Internal exploration and production reports provided by Mr. Eduardo de la Peña).

Vizsla Silver has commenced detailed mapping and analysis of drilling and geophysical data with the objective of generating near-mine drill targets by the end of the third quarter of 2025. Subject to the results of this exploration work, the Company plans to initiate drilling before year-end. The Santa Fé, or Mother Vein, is a NW-striking structure exhibiting classic low sulfidation epithermal characteristics. It has been drill tested along approximately 1,050 meters of strike length. There are six near mine vein targets known to date within an 800 Ha area of the mine: Santa Fé HW (hanging wall), San Jose, San Jose North, Rosarito, Tahonitas and Natalia. Select exploration holes previously drilled by Aurico and Fortuna returned anomalous to significant silver and gold values on these vein targets. Vizsla Silver’s technical team is currently reviewing the data to support the development of a near-mine drill program.
Figure 5

Figure 5: Plan map of the Santa Fe and San Enrique showing airborne magnetic map (Analytical signal) overlain on the LiDAR elevation model. Notice the strong magnetic lineaments within Santa Fe project area. The location of the Copala fault and Cordon del Oro – Animas structural lineaments (extending from the north in Panuco) are shown as blue dash lines in San Enrique (no magnetic data).

San Enrique

The San Enrique prospect area comprises two titled mining claims covering 10,667 Ha between Panuco and Santa Fé projects in the emerging silver-gold-rich Panuco – San Dimas corridor. LiDAR and airborne magnetic surveys in the area show strong NW-trending lineaments, indicative of regional faults and fractures. Two of these lineaments are aligned and seem to be the SE extensions of the Copala fault and the Cordon del Oro – Animas vein structures in Panuco (see Figure 5). Several factors highlight the strong prospectivity of the San Enrique area. These include its strategic location within the Panuco to San Dimas corridor, proximity to high grade deposits immediately to the north with a measured and indicated mineral resource of 222.4 million ounces silver equivalent and an inferred resource of 138.7 million ounces silver equivalent (refer to Vizsla Silver’s press release dated January 6, 2025), structural extensions of the Copala fault and the Cordon to Animas lineament, the presence of multiple domes, and the Santa Fé mine along with six additional vein prospects located directly to the south along a separate northwest trending regional fault.

The recently acquired multispectral WorldView-III satellite image covers the whole Panuco and San Enrique claims, which in combination with the existing LiDAR survey, will assist during Vizsla Silver’s target generation process. Furthermore, the Company intends to conduct regional recognizance-mapping and a stream-sediment geochemistry at San Enrique and Santa Fé in the near future.

La Garra

The La Garra-Metates District, comprised of 16 claims covering 16,962 Ha, is located approximately 32 km N-NW of the Panuco Project and 32 km south-southwest of First Majestic’s flagship San Dimas mine. The district contains N-NNW-trending silver-gold-rich epithermal veins in a geological setting – akin to the Panuco Project and San Dimas. To date, two principal vein systems have been identified: the NS trending La Garra vein, with approximately 2.6 kilometers of known strike length, and the northwest trending Cerro Verde to Las Playas vein system, with approximately 1.8 kilometers of known strike length.

In December 2023, Vizsla Silver completed a five-day site visit, collecting 37 samples from vein outcrops and underground pillars within the La Garra and Cerro Verde to Las Playas vein systems. Fourteen rock chip samples taken across veins (ranging from 0.30 to 2.50 metres in width) returned silver equivalent grades greater than 200 g/t, including 2.22 to 12.30 g/t gold and 22 to 1,156 g/t silver. Given the area’s favorable location within the emerging Panuco to San Dimas silver and gold-rich corridor, along with its geological setting, vein orientation, and observed high grades, Vizsla Silver’s technical team believes the La Garra–Metates District holds strong potential for the discovery of high grade mineralization along strike and at depth.

Equity Compensation Grant

In accordance with the existing approved equity compensation plan, the company has granted 42,500 stock options (“Options”) at an exercise price of $4.33 and 132,000 restricted share units (each, an “RSU”) employees and consultants (the “Optionees”) of the Company. The Options are exercisable for a period of five years and will vest over the next two years and the RSUs will vest in three equal annual instalments commencing on the first anniversary of the grant date.

The Options and RSUs are subject to the approval and policies of the Toronto Stock Exchange and the NYSE American.

About the Panuco Project

The newly consolidated Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlán. The original contiguous 7,189.5 Ha past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, roads, power, and permits.

The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. Host rocks are mainly continental volcanic rocks correlated to the Tarahumara Formation.

On January 6, 2025, the Company announced an updated mineral resource estimate for Panuco which includes an estimated in-situ combined measured and indicated mineral resource of 222.4 Moz AgEq and an in-situ inferred resource of 138.7 Moz AgEq (please refer to Vizsla’s press release dated January 6, 2025).

About Vizsla Silver

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to become the world’s leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means.

Quality Assurance / Quality Control

Drill core samples were shipped to ALS Limited in Zacatecas, Zacatecas, Mexico and in North Vancouver, Canada for sample preparation and for analysis at the ALS laboratory in North Vancouver and rock samples were shipped to SGS Lab in Durango Mexico for sample preparation and analysis. The ALS Zacatecas, North Vancouver facilities and SGS lab are ISO 9001 and ISO/IEC 17025 certified. Silver and base metals were analyzed using a four-acid digestion with an ICP finish and gold was assayed by 30-gram fire assay with atomic absorption (“AA”) spectroscopy finish. Over limit analyses for silver, lead and zinc were re-assayed using an ore-grade four-acid digestion with AA finish.

Control samples comprising certified reference samples, duplicates and blank samples were systematically inserted into the sample stream and analyzed as part of the Company’s quality assurance / quality control protocol.

Qualified Person

In accordance with NI 43-101, Jesus Velador, Ph.D. MMSA QP, Vice President of Exploration, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.

Information Concerning Estimates of Mineral Resources

The scientific and technical information in this news release was prepared in accordance with NI 43-101 which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the “SEC”). The terms “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” used herein are in reference to the mining terms defined in the Canadian Institute of Mining, Metallurgy and Petroleum Standards (the “CIM Definition Standards”), which definitions have been adopted by NI 43-101. Accordingly, information contained herein providing descriptions of our mineral deposits in accordance with NI 43-101 may not be comparable to similar information made public by other U.S. companies subject to the United States Federal securities laws and the rules and regulations thereunder.

You are cautioned not to assume that any part or all of mineral resources will ever be converted into reserves. Pursuant to CIM Definition Standards, “inferred mineral resources” are that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Such geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An inferred mineral resource has a lower level of confidence than that applying to an indicated mineral resource and must not be converted to a mineral reserve. However, it is reasonably expected that the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. Under Canadian rules, estimates of inferred mineral resources may not form the basis of Feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. Disclosure of “contained ounces” in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute “reserves” by SEC standards as in place tonnage and grade without reference to unit measures.

Canadian standards, including the CIM Definition Standards and NI 43-101, differ significantly from standards in the SEC Industry Guide 7. Effective February 25, 2019, the SEC adopted new mining disclosure rules under subpart 1300 of Regulation S-K of the United States Securities Act of 1933, as amended (the “SEC Modernization Rules”), with compliance required for the first fiscal year beginning on or after January 1, 2021. The SEC Modernization Rules replace the historical property disclosure requirements included in SEC Industry Guide 7. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”. Information regarding mineral resources contained or referenced herein may not be comparable to similar information made public by companies that report according to U.S. standards. While the SEC Modernization Rules are purported to be “substantially similar” to the CIM Definition Standards, readers are cautioned that there are differences between the SEC Modernization Rules and the CIM Definitions Standards. Accordingly, there is no assurance any mineral resources that the Company may report as “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” under NI 43-101 would be the same had the Company prepared the resource estimates under the standards adopted under the SEC Modernization Rules.

Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer

Tel: (604) 364-2215

Email: info@vizslasilver.ca

Website: www.vizslasilvercorp.ca

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things: the Company’s exploration and development plans, including key exploration objectives for 2025.

Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Vizsla, future growth potential for Vizsla and its business, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold, and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Vizsla’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect Vizsla’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and Vizsla has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company’s dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company’s mining activities in Mexico; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding mineral resources and reserves; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities and artisanal miners; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in Vizsla’s management discussion and analysis. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although Vizsla has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. Vizsla does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

VIZSLA SILVER ANNOUNCES CLOSING OF OVER-ALLOTMENT OPTION IN FULL

Vancouver, British Columbia (July 14, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to announce that, further to its successfully completed bought deal public offering (the “Offering”) of 33,334,000 common shares of the Company (the “Initial Shares”) at a price of US$3.00 per Initial Share (the “Offering Price”), the underwriters have purchased an additional 5,000,100 common shares of the Company (the “Additional Shares”, and together with the Initial Shares, the “Common Shares”) at the Offering Price per Additional Share, pursuant to their exercise in full of the over-allotment option (the “Over-Allotment Option”) granted by Vizsla Silver, generating additional gross proceeds of US$15,000,300.

The Offering was led by Canaccord Genuity Corp., as sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters that included CIBC Capital Markets, National Bank Financial Inc., Ventum Financial Corp., BMO Capital Markets and Raymond James Ltd.

The Common Shares were offered pursuant to a final prospectus supplement of the Company dated June 23, 2025 (the “Prospectus Supplement”) to the short form base shelf prospectus of the Company dated April 28, 2025 (the “Base Shelf Prospectus”), in all of the provinces and territories of Canada, except Quebec, and in the United States pursuant to a prospectus supplement dated June 23, 2025 (the “US Prospectus Supplement”) filed as part of an effective registration statement on Form F-10 filed under the Canada/U.S. multi-jurisdictional disclosure system (the “Registration Statement”). The Offering remains subject to the final approval of the Toronto Stock Exchange (the “TSX”).

The net proceeds of the Offering, including those raised from the exercise of the Over-Allotment Option, are expected to be used to advance the exploration and development of the Panuco Project, exploration of the Santa Fe Project, potential future acquisitions, as well as for working capital and general corporate purposes as set out in the Prospectus Supplement.

Copies of the applicable offering documents can be obtained free of charge under the Company’s profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov. Delivery of the Base Shelf Prospectus and the Prospectus Supplement and any amendments thereto will be satisfied in accordance with the “access equals delivery” provisions of applicable Canadian securities legislation. An electronic or paper copy of the Prospectus Supplement, the US Prospectus Supplement, the Base Shelf Prospectus and the Registration Statement may be obtained, without charge, from Canaccord Genuity Corp. by phone at 416-869-3052 or by e-mail at ecm@cgf.com by providing Canaccord Genuity Corp. with an email address or address, as applicable.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Vizsla Silver

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to become the world's leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means.

Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer

Tel: (604) 364-2215

Email: info@vizslasilver.ca

Website: www.vizslasilvercorp.ca

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws, including, but not limited to, statements and information regarding the expected use of proceeds of the Offering, which ultimately remains the subject of the Company's discretion, receipt of the final approval of the TSX related to the Offering, and future drilling and exploration activities at the Panuco Project. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information.

Forward-looking statements and forward-looking information are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold, and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Vizsla Silver’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect Vizsla Silver’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward looking statements or forward-looking information and Vizsla Silver has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company’s dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company’s mining activities in Mexico; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding mineral resources and reserves; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities and artisanal miners; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in the Prospectus Supplement, the US Prospectus Supplement and Vizsla Silver’s management discussion and analysis. Readers are cautioned against attributing undue certainty to forward looking statements or forward-looking information. Although Vizsla Silver has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. Vizsla Silver does not intend, and does not assume any obligation, to update these forward looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

https://mailchi.mp/dffb4c7048da/news-vizsla-silver-announces-closing-of-over-allotment-option-in-full?e=0ca03548e2

Weekly Chart

The Martin Pring projection would be $4.50.

Projected Price target estimates and forcasts.....
https://www.tipranks.com/stocks/tse:vzla/forecast#

Middle of the range is about 5.74 Canadian....with high as 7.49 Canadian.
US that would be plenty of room to move higher.

And thats before additional exploration news and mine development along with price increases in AG. .

Potential is always there for a Pan Am type to move in with an offer also.

Here is a good article by Clive Maund

https://www.clivemaund.com/article.php?id=67

Silver Set to Soar: Why $100 an Ounce Could Be Just the Beginning!

https://www.zerohedge.com/news/2025-07-06/silver-set-soar-why-100-ounce-could-be-just-beginning

{The fundamentals tell an even bigger story. If you’ve followed silver over the past few years, you’re likely aware of the surging industrial demand for this precious metal. Solar energy, electric vehicles (EVs), and electronics heavily rely on silver for its unmatched electrical conductivity. However, the critical issue is that supply is dwindling.}

{....global silver mining produces around 800-825 million ounces each year, while consumption ranges between 1.2 to 1.4 billion ounces, creating a gap of nearly 500 million ounces. This imbalance exerts upward pressure on prices, especially as mining output remains constrained due to under investment.}

VIZSLA SILVER CLOSES US$100M BOUGHT DEAL OFFERING

Vancouver, British Columbia (June 26, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to announce that it has completed its previously announced bought deal public offering of 33,334,000 common shares of the Company (the “Common Shares”) at a price of US$3.00 per Common Share (the “Offering Price”) for aggregate gross proceeds of US$100,002,000 (the “Offering”). The Offering was led by Canaccord Genuity, as sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters that included CIBC Capital Markets, National Bank Financial Inc., Ventum Financial Corp., BMO Capital Markets and Raymond James Ltd. (collectively, the “Underwriters”). The Company has granted the Underwriters an over-allotment option, exercisable at the Offering Price for a period of 30 days after and including the closing date of the Offering, to purchase up to an additional 5,000,100 Common Shares.

The Common Shares were offered pursuant to a final prospectus supplement of the Company dated June 23, 2025 (the “Prospectus Supplement”) to the short form base shelf prospectus of the Company dated April 28, 2025 (the “Base Shelf Prospectus”), in all of the provinces of Canada, except Quebec, and in the United States pursuant to a prospectus supplement dated June 23, 2025 (the “US Prospectus Supplement”) filed as part of an effective registration statement on Form F-10 filed under the Canada/U.S. multi-jurisdictional disclosure system. The Offering remains subject to the final approval of the Toronto Stock Exchange (the “TSX”).

The net proceeds of the Offering are expected to be used to advance the exploration and development of the Panuco Project, exploration of the Santa Fe Project, potential future acquisitions, as well as for working capital and general corporate purposes as set out in the Prospectus Supplement.

Copies of the applicable offering documents can be obtained free of charge under the Company’s profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov. Delivery of the Base Shelf Prospectus and the Prospectus Supplement and any amendments thereto will be satisfied in accordance with the “access equals delivery” provisions of applicable Canadian securities legislation. An electronic or paper copy of the Prospectus Supplement, the US Prospectus Supplement, the Base Shelf Prospectus and the Registration Statement may be obtained, without charge, from Canaccord Genuity by phone at 416-869-3052 or by e-mail at ecm@cgf.com by providing Canaccord Genuity with an email address or address, as applicable.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Vizsla Silver

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to become the world's leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means.

Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer

Tel: (604) 364-2215

Email: info@vizslasilver.ca

Website: www.vizslasilvercorp.ca

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release includes certain “Forward Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward looking information” under applicable Canadian securities laws, including those relating to information contained in the Preliminary Economic Study (including annual production, mine life, NPV, IRR and payback) and also regarding the terms of the Offering and the expected use of proceeds thereof, which ultimately remains the subject of the Company’s discretion, and final approval of the TSX. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward looking statements or information.

Forward looking statements and forward looking information are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold, and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Vizsla Silver’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect Vizsla Silver’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward looking statements or forward-looking information and Vizsla Silver has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company’s dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company’s mining activities in Mexico; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding mineral resources and reserves; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities and artisanal miners; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in the Prospectus Supplement, the US Prospectus Supplement and Vizsla Silver’s management discussion and analysis. Readers are cautioned against attributing undue certainty to forward looking statements or forward-looking information. Although Vizsla Silver has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. Vizsla Silver does not intend, and does not assume any obligation, to update these forward looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

https://mailchi.mp/1808782f63ab/news-vizsla-silver-closes-us100m-bought-deal-offering?e=0ca03548e2

Weekly Chart

VIZSLA SILVER ANNOUNCES US$100 MILLION BOUGHT DEAL FINANCING

The offering documentation is or will be accessible through SEDAR+ and EDGAR

Vancouver, British Columbia (June 23, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla” or the “Company”) is pleased to announce that it has entered into an agreement with Canaccord Genuity as sole bookrunner, on behalf of itself and syndicate of underwriters (the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 33,334,000 common shares (the "Common Shares"), at a price of US$3.00 per Common Share, for gross proceeds of approximately US$100,002,000 (the "Offering").

The Company has granted the Underwriters an option (the “Over-Allotment Option”), exercisable at the offering price for a period of 30 days after and including the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. The Offering is expected to close on or about June 26, 2025 and is subject to the Company receiving all necessary regulatory approvals. In the event that the Over Allotment Option is exercised in full, the total gross proceeds of the Offering will be US$115,002,300.

The Company currently intends to use the net proceeds of the Offering to advance the exploration, drilling and development of the Company’s Panuco Project, as well as for working capital and general corporate purposes as set out in the Prospectus Supplement (as defined below).

The Common Shares will be offered by way of a prospectus supplement (the “Prospectus Supplement”) in all of the provinces of Canada, other than Quebec, pursuant to the Company's base shelf prospectus dated April 28, 2025 (the “Base Shelf Prospectus”), and will be offered in the United States pursuant to a prospectus supplement (the “U.S. Prospectus Supplement”) filed as part of an effective registration statement on Form F-10 (the “Registration Statement”) filed under the Canada/U.S. multi-jurisdictional disclosure system. Before investing, prospective purchasers in Canada should read the Prospectus Supplement, the Base Shelf Prospectus, and the documents incorporated by reference therein, and prospective purchasers in the United States should read the U.S. Prospectus Supplement, the Base Shelf Prospectus and the Registration Statement and the documents incorporated by reference therein for more complete information about the Company and the Offering.

Copies of the applicable offering documents, when available, can be obtained free of charge under the Company’s profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov. Delivery of the Base Shelf Prospectus and the Prospectus Supplement and any amendments thereto will be satisfied in accordance with the "access equals delivery" provisions of applicable Canadian securities legislation. An electronic or paper copy of Prospectus Supplement, the U.S. Prospectus Supplement, the Base Shelf Prospectus and the Registration Statement, when available, may be obtained, without charge, from Canaccord Genuity by phone at 416-869-3052 or by e-mail at ecm@cgf.com by providing Canaccord Genuity with an email address or address, as applicable.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.


About Vizsla Silver Corp.

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to become the world’s leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means.


Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer

Tel: (604) 364-2215

Email: info@vizslasilver.ca


SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws, including those relating to information contained in the Preliminary Economic Study (including annual production, mine life, NPV, IRR and payback) and also regarding the terms of the Offering and the expected completion and use of proceeds thereof, which ultimately remains the subject of the Company's discretion. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information.

Forward-looking statements and forward-looking information are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold, and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Vizsla Silver’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect Vizsla Silver’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and Vizsla Silver has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company's dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company's mining activities in Mexico; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities and artisanal miners; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in the Prospectus Supplement, the US Prospectus Supplement and Vizsla Silver’s management discussion and analysis. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although Vizsla Silver has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. Vizsla Silver does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.
https://mailchi.mp/d6bbd84e0fc9/news-vizsla-silver-announces-us100-million-bought-deal-financing?e=0ca03548e2

Daily Chart

VIZSLA SILVER PROVIDES AN UPDATE ON THE COPALA TEST MINE AT ITS PANUCO PROJECT IN MEXICO

Vancouver, British Columbia (June 18, 2025) – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to provide an update on the ongoing development of its Copala test mine at its 100%-owned Panuco silver-gold project, located in Sinaloa, Mexico.

The test mine program marks a major step forward in de-risking the Panuco Project, as the Company transitions from exploration to development. The Copala portal, established as part of this program, is expected to serve as the primary access to underground mining operations following a construction decision.

“We’re now testing underground at Panuco and executing the test mine development according to plan, at the historic Copala district,” commented COO Simon Cmrlec. “Our crews are performing well, advancing safely, installing all required ventilation and ground support, and we are meeting planned development rates. Our team is currently focused on optimising advance rates and testing contractor capabilities.

This portal will ultimately become the main access for future mining. Every meter brings us closer to the 10,000-tonne bulk sample location and positions us for efficient resource conversion/expansion drilling from underground, and for the ultimate mine development and ramp-up. We are on track to complete the fully funded test mine program by year-end.”

Test Mine Progress

Vizsla Silver has now advanced approximately 125 metres along the Copala decline. The decline is advancing in favorable ground conditions at a 15% grade with dimensions of 5.5 metres wide by 5.5 metres tall. A 10,000-tonne bulk sample will be taken from the 460 level which is approximately 70 metres vertically below the surface. The decline is currently progressing at a rate of 4 metres per day, with drilling and mucking currently being optimised to achieve two blasts per day and advance rates of around 8 metres per day.

Image 1: Photo of Copala test mine ramp development.


Bulk Sampling & Technical Program

Upon reaching the ore zone, Vizsla Silver will extract a 10,000-tonne bulk sample and stockpile it on surface without impacting the environment by utilising previously disturbed areas. This material will ultimately be used for:

• Paste fill and cemented rockfill (CRF) testing to support backfill planning.

• Rock competency and structural consistency analysis to optimize mine design and cost models related to support requirements.

• Grade reconciliation with the block model.


Technical Observations & Future Opportunities

• The Copala test mine portal is situated approximately 300 metres north of the proposed processing facility. Waste stockpiles and ore staging areas are located within 200 metres of the portal, with all current activities using existing roads and confined to previously disturbed areas from historic mining.

• Underground access will enable low-cost drilling from underground stations, supporting the conversion of existing resources to higher-confidence categories. Several high-priority targets have already been outlined and are expected to be tested as the decline advances.

• Mapped parallel structures on the surface highlight near-mine exploration upside.

The onsite workforce continues to grow, with an emphasis on hiring from the local community. Newly constructed infrastructure – including first aid facilities, staff buildings, and workshops – not only supports operational efficiency, but also enhances safety protocols and emergency response capabilities.

About the Panuco Project

The newly consolidated Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlán. The 7,189.5-hectare, past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, roads, power, and permits.

The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. Host rocks are mainly continental volcanic rocks correlated to the Tarahumara Formation.

On January 6, 2025, the Company announced an updated mineral resource estimate for Panuco which includes an estimated in-situ combined measured and indicated mineral resource of 222.4 Moz AgEq and an in-situ inferred resource of 138.7 Moz AgEq (please refer to Vizsla’s press release dated January 6, 2025).


About Vizsla Silver

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to become the world's leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means.


Quality Assurance / Quality Control

Drill core samples were shipped to ALS Limited in Zacatecas, Zacatecas, Mexico and in North Vancouver, Canada for sample preparation and for analysis at the ALS laboratory in North Vancouver and rock samples were shipped to SGS Lab in Durango Mexico for sample preparation and analysis. The ALS Zacatecas, North Vancouver facilities and SGS lab are ISO 9001 and ISO/IEC 17025 certified. Silver and base metals were analyzed using a four-acid digestion with an ICP finish and gold was assayed by 30-gram fire assay with atomic absorption (“AA”) spectroscopy finish. Over limit analyses for silver, lead and zinc were re-assayed using an ore-grade four-acid digestion with AA finish.

Control samples comprising certified reference samples, duplicates and blank samples were systematically inserted into the sample stream and analyzed as part of the Company’s quality assurance / quality control protocol.


Qualified Person

In accordance with NI 43-101, Jesus Velador, Ph.D., MMSA QP, Vice President of Exploration, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.


Information Concerning Estimates of Mineral Resources

The scientific and technical information in this news release was prepared in accordance with NI 43-101 which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the “SEC”). The terms "measured mineral resource", "indicated mineral resource" and "inferred mineral resource" used herein are in reference to the mining terms defined in the Canadian Institute of Mining, Metallurgy and Petroleum Standards (the “CIM Definition Standards”), which definitions have been adopted by NI 43-101. Accordingly, information contained herein providing descriptions of our mineral deposits in accordance with NI 43-101 may not be comparable to similar information made public by other U.S. companies subject to the United States federal securities laws and the rules and regulations thereunder.

You are cautioned not to assume that any part or all of mineral resources will ever be converted into reserves. Pursuant to CIM Definition Standards, “inferred mineral resources” are that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Such geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An inferred mineral resource has a lower level of confidence than that applying to an indicated mineral resource and must not be converted to a mineral reserve. However, it is reasonably expected that the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. Disclosure of “contained ounces” in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute “reserves” by SEC standards as in place tonnage and grade without reference to unit measures.

Canadian standards, including the CIM Definition Standards and NI 43-101, differ significantly from standards in the SEC Industry Guide 7. Effective February 25, 2019, the SEC adopted new mining disclosure rules under subpart 1300 of Regulation S-K of the United States Securities Act of 1933, as amended (the “SEC Modernization Rules”), with compliance required for the first fiscal year beginning on or after January 1, 2021. The SEC Modernization Rules replace the historical property disclosure requirements included in SEC Industry Guide 7. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”. Information regarding mineral resources contained or referenced herein may not be comparable to similar information made public by companies that report according to U.S. standards. While the SEC Modernization Rules are purported to be “substantially similar” to the CIM Definition Standards, readers are cautioned that there are differences between the SEC Modernization Rules and the CIM Definitions Standards. Accordingly, there is no assurance any mineral resources that the Company may report as “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” under NI 43-101 would be the same had the Company prepared the resource estimates under the standards adopted under the SEC Modernization Rules.


Contact Information: For more information and to sign-up to the mailing list, please contact:

Michael Konnert, President and Chief Executive Officer

Tel: (604) 364-2215

Email: info@vizslasilver.ca

Website: www.vizslasilvercorp.ca


SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information.

Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Vizsla, future growth potential for Vizsla and its business, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold, and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Vizsla’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect Vizsla’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and Vizsla has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company's dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company's mining activities in Mexico; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities and artisanal miners; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in Vizsla’s management discussion and analysis. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although Vizsla has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. Vizsla does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

https://mailchi.mp/86770ff98b57/news-vizsla-silver-provides-an-update-on-the-copala-test-mine-at-its-panuco-project-in-mexico?e=0ca03548e2

Love to see $4 (or more) by the end of the week.

VZLA................................https://stockcharts.com/h-sc/ui?s=VZLA&p=W&b=5&g=0&id=p86431144783

Best company out there

Can you set up a board for Honey Badger Silver, TUF.TSX, HBEIF