Vancouver, British Columbia (December 19, 2023) – Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla” or the “Company”) is pleased to provide a year-end summary of its activities at its flagship Panuco silver-gold property (the “Property” or “Panuco”) located in Sinaloa, Mexico and Outline the Company’s key objectives/milestones for 2024.
“2023 was yet another exciting year of exploration and growth at Panuco,” commented Michael Konnert, President & CEO. “We started off the year with the achievement of an important milestone by announcing a significant update to the maiden resource which highlighted a material increase in both project grade and contained ounces. Drilling throughout the year continued to expand know mineralization particularly at Copala which has now doubled in strike length relative to the January 2023 MRE. Additionally, the exploration team was successful in making two new discoveries at La Luisa and El Molino, both of which represent wide, high-grade, near-surface structures with the potential to add resources within proximity
to the main Copala and Napoleon resource areas. In early 2023, Vizsla successfully raised $45M to fund its ongoing operational objectives and more recently, we were delighted to welcome Mexican Mining Hall of Fame member Eduardo Luna to the Board of Directors. For 2024, Vizsla remains focused on delivering value to stakeholders and benefiting the communities in which it operates. At the project, our goal is to further de-risk the resource through updated technical studies including a fully permitted bulk sample and test mine program at Copala and Napoleon. Concurrently, we will continue exploring new areas of the district with both low-cost mapping/geophysical surveys and 65,000 meters of planned drilling. On the corporate side, we expect a series of potential catalysts will add near-term credibility and value to the
Company including new technical hires to support the next phase of project development and a spinout of a wholly owned royalty on the Property. We look forward to another safe and exciting year for Vizsla and
thank everyone for their hard work and continued support.”

Key objectives for 2024
• Deliver an updated MRE for the project in January 2024
• Potential royalty spinout
• Deliver maiden PEA in H1 2024
• Complete updated metallurgical testing in H2 2024
• Advance Bulk Sample / Test Mine program
• Complete +65,000 meters of resource/discovery focused drilling
• Complete a ~1,100 line-kilometre EM survey and acquire high-resolution multispectral satellite
imagery for the whole district

see & read more on
https://vizslasilvercorp.com/site/assets/files/7603/2023-12-19_vizsla_silver_2024_outlook_final.pdf