The Globe and Mail reports in its Tuesday edition that iA Capital's Ronald Stewart rates Vizsla Silver "speculative buy" in new coverage, with a $2.90 share target. The Globe's David Leeder writes that analysts on average target the shares at $3.52. Mr. Stewart says in a note: "Vizsla Silver has one of the best, new silver-gold discoveries anywhere in the world today on its 100-per-cent owned Panuco project located in Sinaloa, Mexico. At 476 g/t silver-equivalent (AgEq), the average grade of the combined indicated and inferred resource has the second highest among single asset, silver developers. At 224M oz AgEq, Panuco ranks as the fourth largest in terms of contained metal, using iA long-term metal prices. Panuco is and epithermal, lode vein style deposit that is dominated by precious metals with silver and gold accounting for 58 per cent and 35 per cent of the contained metal. Our analysis of the recent drilling since the resource was published in January, 2023, indicates the likelihood of a material increase is virtually assured when VZLA releases its planned update in H2/23. ... Much remains to be done to establish the project's economics. ... We consider the risk/reward favours an investment in Vizsla."