03:20:58 EST Thu 05 Feb 2026
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Vizsla Copper Corp (3)
Symbol VCU
Shares Issued 88,390,039
Close 2026-02-04 C$ 2.08
Market Cap C$ 183,851,281
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Vizsla Copper begins drilling at Poplar

2026-02-04 18:19 ET - News Release

Mr. Craig Parry reports

VIZSLA COPPER COMMENCES MAJOR DRILL PROGRAM AT THE THIRA DISCOVERY, POPLAR PROJECT

Drilling is under way at Vizsla Copper Corp.'s Poplar project in central British Columbia. Up to 8,000 metres of drilling is planned with two drill rigs focused on expanding the recently discovered Thira porphyry copper-molybdenum system and evaluating additional high-priority porphyry targets across the broader Thira alteration corridor.

Highlights:

  • Significant drill program has commenced: Winter drilling has commenced at the Poplar project with up to 8,000 metres of drilling planned in approximately 16 drill holes, targeting expansion of the Thira copper-molybdenum discovery and evaluating additional high-priority porphyry targets.
  • Expansion of the Thira discovery: Drilling at Thira is designed to evaluate the lateral and vertical extent of the porphyry-related mineralization discovered in 2025, as well as the geological and structural controls on higher-grade zones. Importantly, mineralization at Thira remains open laterally and at depth.
  • Exploring for additional porphyries within Thira alteration corridor: A second drill rig is evaluating additional porphyry targets at Camp Lake and Copper Pond along the greater-than-eight-kilometre Thira alteration corridor. Targets are supported by coincident chargeability and conductivity anomalies, extensive hydrothermal alteration, and geochemical signatures consistent with porphyry copper-molybdenum systems.

"We are very excited to kick off our 2026 winter drill program across the Thira alteration corridor," commented Steve Blower, vice-president, exploration. "The near-surface Thira discovery is a compelling porphyry copper-molybdenum system, with mineralization remaining open in all directions. Also, the neighbouring targets at Camp Lake and Copper Pond are a high priority due to their proximity to Thira and their similar geophysical signatures. We look forward to keeping shareholders informed as drilling progresses."

Drill plans

The phase 1, 2026 winter drill program at the Poplar project will consist of up to 8,000 metres of core drilling across approximately 16 drill holes within the extensive Thira alteration corridor. Two diamond drill rigs have mobilized to site and are advancing the first two drill holes. The drill program will consist of:

  1. A series of stepout holes designed to investigate the lateral and vertical extent of known porphyry-related copper-molybdenum mineralization at the Thira discovery (for example, 237.3 metres of 0.51 per cent copper equivalent (0.36 per cent copper, 0.02 per cent molybdenum, 1.19 grams per tonne silver and 0.06 g/t gold from 117.7 metres downhole in TH25-145; see Oct. 20, 2025, news release). Drilling will also investigate the structural and/or lithological controls on higher-grade copper mineralization (for example, 77.0 metres of 0.55 per cent CuEq (0.43 per cent Cu, 0.01 per cent Mo, 1.48 g/t Ag and 0.09 g/t Au) from 124.0 metres downhole in TH25-145) within the Thira porphyry system.
  2. A series of exploration drill holes is designed to test for porphyry-related copper-molybdenum mineralization at two recently defined high-priority targets (Copper Pond and Camp Lake) situated along trend from the Thira discovery (see Jan. 14, 2026, news release).

Poplar project

The 44,200-hectare Poplar project in central British Columbia covers Mesozoic-aged arc-related volcanic, sedimentary and intrusive rocks considered prospective for porphyry-related copper and gold mineralization. In addition to the Thira target, the project also hosts the Poplar deposit, a near-surface porphyry-related copper and gold system. The Thira target is approximately 10 kilometres south of the Poplar deposit. Vizsla Copper has the option to earn a 100-per-cent interest in the property through a series of expenditure commitments and annual cash payments until 2027.

About Vizsla Copper Corp.

Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada. The company's portfolio provides exposure to both advanced polymetallic volcanogenic massive sulphide systems and large-scale porphyry copper-gold opportunities. It is primarily focused on its Palmer VMS project in southeastern Alaska, and its Poplar and Woodjam porphyry-related projects in central and Southern British Columbia. All of the company's projects are well situated amongst significant infrastructure. The company's growth strategy is focused on the exploration and development of the 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 jurisdictions of Alaska and British Columbia, 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 and National Instrument 43-101 disclosure

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

Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The historical technical information has not been verified by Vizsla Copper and may in some instances be unverifiable.

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