Vizsla Silver Corp. announced a new high-grade, precious metal rich discovery within the hanging wall of Tajitos at its 100%-owned, Panuco silver-gold project located in Mexico. Highlights: New "Copala Vein" Discovery: Hole CS-21-90 returned 3,701 grams per tonne (g/t) silver equivalent (AgEq) (2,147 g/t silver and 18.04 g/t gold) over 2.31 metres true width (mTW) hosted within a broader interval grading 226 g/t AgEq over 81.91 mTW; Follow-up hole CS-21-99, completed ~100 m vertically below CS-21-90 intersected 2,274 g/t AgEq (1,924 g/t silver and 5.00 g/t gold)over 1.52 mTW, also hosted within a broad interval grading 183 g/t AgEq over 83.10 mTW; To date, eight holes have encountered the Copala Vein, with all reported intercepts occurring above 200 meters vertical depth; Other notable intercepts include: CS-21-94: 404 g/t AgEq (230 g/t silver and 2.02 g/t gold) over 24.36 mTW, including 3,087 g/t AgEq (1,523 g/t silver and 17.75 g/t gold) over 1.80 mTW; CS-21-105: 602 g/t AgEq (323 g/t silver and 3.21 g/t gold) over 2.68 mTW; CS-21-62: 539 g/t AgEq (373 g/t silver and 2.02 g/t gold) over 2.58 mTW.

Copala Vein Discovery: The new Copala Vein was discovered in drillholes targeting the northeastern extent of Tajitos. Mineralization intercepted in holes CS-21-90 & CS-21-99, starts from ~85 meters downhole and extends over 80 metres in width. The structure is shallow dipping at ~35 degrees east and strikes to the north.

To date, eight holes have encountered this mineralization. Vizsla geologists interpret the Copala Vein to be one of a series of veins formed in near flat-lying structures which may have developed during one of two extensional deformation events early in the geological history of the property. Several similar structures are known regionally, including the historically mined La Colorada structure which is also located within the Cinco Senores Vein Corridor, approximately 850 meters to the north of Tajitos.

The Copala Vein marks the first discovery of this vein orientation and style made by Vizsla that has not been previously exploited by historical mining. Cristiano Vein/Fault: Tajitos drilling has also intercepted a northwest striking structure named the "Cristiano Vein". Relative to the Copala Vein, Cristiano represents a younger vein hosted within a fault which offsets the main Tajitos Vein.

Follow-up drilling remains ongoing perpendicular to the structure to better target the vein. Tajitos Drilling detail: Since the last update, drilling targeting the Tajitos resource area continues to highlight a significant panel mineralization, now measuring 1,000 metres long by 400 meters deep. Results from new drilling suggest higher grade mineralization remains open at depth, this demonstrated by hole CS-21-105, which intercepted 602 g/t AgEq over 2.68 mTW in the deepest hole drilled to date at Tajitos.

Along strike to the northeast and southwest, the vein appears to thin out returning relatively low-grade mineralization.