Mr. Chris Donaldson reports

VIZSLA COPPER INTERSECTS 0.90% COPPER EQUIVALENT OVER 66.1 METRES IN INITIAL DRILL HOLES FROM ITS ONGOING EXPLORATION PROGRAM AT THE WOODJAM PROJECT, CENTRAL BC

Vizsla Copper Corp. has released initial assay results from its summer core drilling program at the Woodjam copper-gold project in south-central British Columbia.

Highlights

Drill holes SE23-101 and 102 at the Southeast zone intersected broad intervals of consistent copper mineralization, confirming strong grade continuity in key areas of the deposit:

• Drill hole SE23-102:
  • Intersected 0.61 per cent copper equivalent (CuEq) (0.54 per cent copper (Cu), 0.05 gram per tonne (g/t) gold (Au), 1.84 g/t silver (Ag) and 0.005 per cent molybdenum (Mo)) over 293.2 metres, from 136.9 m to 430.1 m (greater than 0.2 per cent Cu);
  • Including a high-grade interval of 0.90 per cent CuEq (0.81 per cent Cu, 0.08 g/t Au, 1.89 g/t Ag and 0.005 per cent Mo) over 66.1 m, from 157 m to 223.1 m (greater than 0.5 per cent Cu).
• Drill hole SE23-101:
  • Intersected 0.60 per cent CuEq (0.49 per cent Cu, 0.07 g/t Au, 1.43 g/t Ag and 0.012 per cent Mo) over 131.5 m, from 177 m to 308.5 m (greater than 0.2 per cent Cu);
  • Including a high-grade interval of 0.76 per cent CuEq (0.64 per cent Cu, 0.10 g/t Au, 1.75 g/t Ag and 0.011 per cent Mo) over 60 m, from 185 m to 245 m (greater than 0.5 per cent Cu).

"These initial results support our view that Woodjam is an incredibly important copper project in a world that requires an ever-increasing amount of it," commented Craig Parry, executive chairman. "I look forward to the rest of the results from our inaugural drilling program. With easy access, established infrastructure and an enormous endowment of metal, Vizsla Copper's Woodjam project is proving to be an outstanding asset."

"Long, strong intervals of copper mineralization are a great way to start our first drill program at Woodjam," commented Steve Blower, vice-president of exploration. "I eagerly await assay results from the rest of the program, which includes several drill holes designed to extend mineralization at the Deerhorn and Takom deposits, plus explore new target areas at the Megaton and Megabuck East zones."

The program

High-grade copper-gold mineralization in and around the over-six-kilometre-long corridor of known porphyry-related mineralization at Woodjam is being targeted by this drill program. Initial drill holes successfully tested gaps in previous drilling at the Southeast deposit and confirmed strong grade continuity. Results from the first three drill holes are highlighted by hole SE23-102, an angled drill hole designed to fill a 120-metre gap. The hole intersected 0.61 per cent CuEq (0.54 per cent Cu, 0.05 g/t Au, 1.84 g/t Ag and 0.005 per cent Mo) over 293.2 m, including a high-grade interval of 0.90 per cent CuEq (0.81 per cent Cu, 0.08 g/t Au, 1.89 g/t Ag and 0.005 per cent Mo) over 66.1 m. See the table entitled "Woodjam 2023 results" for additional details on the intersections.

Drill hole SE23-101 successfully filled a 140 m gap with an intersection of 0.60 per cent CuEq (0.49 per cent Cu, 0.07 g/t Au, 1.43 g/t Ag and 0.012 per cent Mo) over 131.5 m, including a high-grade interval of 0.76 per cent CuEq (0.64 per cent Cu, 0.10 g/t Au, 1.75 g/t Ag and 0.011 per cent Mo) over 60 m. Copper mineralization at the Southeast deposit comprises chalcopyrite-plus-or-minus-bornite-bearing veins and vein stockworks hosted in variably potassic-altered monzonitic intrusive rocks of the Early Jurassic Takomkane batholith.

Drill hole SE23-100 was drilled on the northeastern fringe of the Southeast deposit and did not intersect any significant intervals greater than 0.20 per cent Cu.

Approximately 5,970 m of drilling has been completed to date in 14 drill holes, with the total planned program consisting of approximately 8,000 m in 18 drill holes. Assay results have now been received for the first three drill holes and all others are pending.

Sampling, chain of custody and quality assurance/quality control

All sampling was conducted under the supervision of Vizsla's geologists and the chain of custody from the sampling facility in Horsefly to the sample preparation facility, ALS Laboratories in Kamloops, B.C., was continuously monitored.

Core samples were taken as one-half core, from a minimum of 0.3 m to a maximum of two m core length to account for lithological or alteration boundaries. Samples were then crushed, pulverized and sample pulps were analyzed using industry-standard analytical methods, including a four-acid, ICP-MS (inductively coupled plasma mass spectrometry) multielement package (ALS code ME-MS61) and an ICP-AES (inductively coupled plasma atomic emission spectroscopy) method for high-grade copper samples (ALS code ME-OG62). Gold was analyzed using a 30-gram aliquot by fire assay with an ICP-AES finish (ALS code Au-ICP21).

Certified reference material was inserted every 10th sample. A coarse blank was inserted every 20th sample. For approximately 2.5 per cent of core samples, the remaining one-half core was taken as a field duplicate. For 2.5 per cent of core samples, a preparation duplicate is taken after coarse crushing is complete at the laboratory.

In addition to Vizsla's QA/QC program, additional blanks, reference materials and duplicates were inserted by ALS according to its internal procedures. Data verification of the analytical results included a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results.

About Vizsla Copper Corp.

Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada. The company is primarily 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 four additional copper exploration properties -- Copperview, Redgold, Blueberry and Carruthers Pass -- all 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 Corp. 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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