Mr. Chris Donaldson of Vizsla Copper reports

VIZSLA COPPER REACHES AGREEMENT WITH TRAILBREAKER RESOURCES TO EXPAND WOODJAM COPPER-GOLD PROJECT

Vizsla Copper Corp. has signed an option agreement with Trailbreaker Resources Ltd., pursuant to which the company has been granted the option to acquire a 100-per-cent interest in 6,482 hectares of land contiguous with the company's Woodjam project.

Highlights:

• Expansion of flagship Woodjam project: With the addition of these claims, the Woodjam project has grown significantly to 72,805 hectares of prospective southern Quesnel terrane.
• Prospective geology: These new claims are underlain by intrusive rocks belonging to the Takomkane batholith, which hosts the large porphyry-related copper-gold Southeast deposit on the Woodjam property.

"These claims are a terrific addition to the Woodjam project," commented Steve Blower, vice-president of exploration. "They are proximal to porphyry-related copper-gold deposits and share similar geology. Work on the Trailbreaker claims will be a high priority for the company going forward."

The claims

The four claims that are subject to the option agreement are contiguous with the southern edge of the Woodjam project and cover a total of 6,482 hectares. The geology underlying the claims consists predominantly of till-covered intrusive rocks belonging to the early Jurassic Takomkane batholith, host to the nearby Southeast copper-gold porphyry-related deposit at the Woodjam project. Given the prospective geology, the new claims will be a high priority for coming exploration programs at the Woodjam project.

Terms of option agreement

Pursuant to the option agreement, Vizsla Copper has the option to acquire a 100-per-cent interest in the four claims by issuing an aggregate of 400,000 common shares to Trailbreaker over three years, subject to approval by the TSX Venture Exchange. Vizsla Copper has the right to accelerate the option any time after the first anniversary.

The optioned claims will be subject to a 2-per-cent net smelter return royalty (NSR). Trailbreaker and Teck Resources Ltd. will retain a 1-per-cent NSR each on three of the claims and Trailbreaker will retain a 2-per-cent NSR on the fourth claim. Half of the 1-per-cent NSR may be bought from Trailbreaker for $500,000. Half of the 2-per-cent NSR may be bought from Trailbreaker for $1-million.

The 72,805-hectare Woodjam project is located 55 kilometres east of the community of Williams Lake in an area characterized by a low-elevation, flat to gently undulating landscape that is well accessed by logging roads. Geologically, the Woodjam project is located within the prolific Quesnel terrane -- a large regional depositional belt commonly dominated by alkalic volcanic units and related volcaniclastic lithologies. The Quesnel terrane hosts both alkaline and calc-alkaline porphyry copper plus/minus gold plus/minus molybdenum deposits, including the Copper Mountain, New Afton, Highland Valley, Gibraltar, Mount Polley, Mount Milligan and Kemess mines.

To date, six zones of porphyry-related mineralization (Megabuck, Deerhorn, Takom, Three Firs, Southeast, Megaton) have been identified at the Woodjam project by drilling (95,092 metres in 281 holes since 2009 and a further 114 holes, 30,092 metres predominantly from 1998). These six mineralized zones form a cluster approximately five kilometres in diameter.

About Vizsla Copper Corp.

Vizsla Copper is a Cu-Au-Mo-focused mineral exploration and development company headquartered in Vancouver, Canada. The company is focused on its flagship Woodjam project, located within the prolific Quesnel terrane, 55 kilometres east of the community of Williams Lake, B.C. It has two additional copper exploration properties, the Blueberry and Carruthers Pass projects, well situated amongst significant infrastructure in British Columbia. The company's growth strategy is focused on the exploration and development of its copper properties within its portfolio in addition to value accretive acquisitions. Vizsla Copper's vision is to be a responsible copper explorer and developer in the stable mining jurisdiction of British Columbia, Canada, and is committed to socially responsible exploration and development, working safely, ethically and with integrity.

Vizsla Copper is a spinout of Vizsla Silver and is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and financing opportunities in the resource sector.

Qualified person

The company's disclosure of technical or scientific information in this press release has been reviewed and approved by Ian Borg, PGeo, senior geologist for Vizsla Copper. Mr. Borg is a qualified person as defined under the terms of National Instrument 43-101.

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