Mr. Chris Donaldson reports

VIZSLA COPPER PROVIDES UPDATES ON WOODJAM COPPER-GOLD PROJECT EXPANSION

Vizsla Copper Corp. has completed the acquisition of a 100-per-cent interest in two mineral claims (the Stope Baby claims) covering exploration ground contiguous with the company's Woodjam copper-gold project.

The company has entered into an agreement with an arm's-length, third party vendor to acquire a 100-per-cent interest in two mineral claims (the Copper Pit claims) covering exploration ground contiguous with the Woodjam project.

Stope Baby acquisition details

Further to the company's news release dated Jan. 16, 2024, the company issued an aggregate of 200,000 common shares of Vizsla Copper to arm's-length vendors. The company has also granted the Stope Baby vendors a 2-per-cent net smelter return royalty. Vizsla Copper has the right to purchase 1 per cent of such royalty for $1-million in cash.

Additional details regarding the acquisition and the Stope Baby claims are set out in the company's news release dated Jan. 16, 2024.

Copper Pit acquisition details

Pursuant to the purchase agreement entered into with the Copper Pit vendor, Vizsla Copper has agreed to purchase two mineral claims totalling 59.5 hectares from the Copper Pit vendor, free and clear of any encumbrances, in exchange for the issuance of 100,000 Vizsla Copper shares. The consideration shares will be subject to a four-month hold period pursuant to applicable Canadian securities laws, after which 25 per cent of the consideration shares will become free trading. In addition, the Copper Pit vendor has agreed to voluntary resale restrictions, whereby an additional 25 per cent of the consideration shares will become free trading every four months thereafter. The acquisition is subject to standard closing conditions, including the approval of the TSX Venture Exchange, and should close in the coming weeks.

The Woodjam project

The greater-than-90,000-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 easily 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-or-minus-gold-plus-or-minus-molybdenum deposits, including the Copper Mountain, New Afton, Highland Valley, Mount Polley, Mount Milligan and Kemess mines.

To date, six zones of porphyry-related mineralization (Megabuck, Deerhorn, Takom, Three Firs, Southeast and Megaton) have been identified at the Woodjam project by drilling. These six mineralized zones form a cluster approximately five kilometres in diameter.

In 2023, Vizsla Copper completed a total of 7,599 metres in 18 holes successfully extending the Deerhorn and Takom deposits while also intersecting the strongest mineralization to date at the Megaton zone.

About Vizsla Copper Corp.

Vizsla Copper is a copper-gold-molybdenum-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 three additional copper exploration properties -- Copperview, Redgold 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 it 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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