Company Announcements

VANCOUVER, BC , June 16, 2025 /CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0) ("Vizsla Copper" or the "Company") is pleased to report that preparations are underway for a Phase 1 drill program at the Poplar Project, central BC. Drilling will focus on testing the copper-molybdenum mineralization potential of the porphyry-related Thira target. Drilling will commence in the coming days.

HIGHLIGHTS

• Drill program at Poplar: Drill crews have mobilized to the Poplar Project to commence a 2,000 meter Phase 1 drill program.
  
  
• Focused drill program at Thira: Drill holes are designed to systematically test the highly prospective Thira porphyry-related copper-molybdenum target.
  
  
• Thira Target: Mapping, geophysical, and soil geochemical data highlight Thira as a high-priority drill target.
  
  
• First modern deep drilling at Thira: Drilling will represent the first deep (>100m) tests across the strongest anomalies at the Thira target.

"We are very excited to kick off this drill program at our Poplar Project" commented Steve Blower, Vice President of Exploration. "Over the last year we have systematically advanced the Thira target with mapping, geochemistry and geophysics and have outlined a very compelling drill target. This first phase of drilling is designed to target the strongest coincident anomalies."

The Drill Plans

Drilling will target the lateral and vertical extent of porphyry-related copper-molybdenum mineralization associated with the broad and largely covered Thira target (Figure 1). The program will consist of up to 2,000 meters of diamond drilling across 5 to 6 holes covering a potential footprint of ~500 by 600 meters. Drill holes are planned to test moderate and high-chargeability anomalies associated with resistivity and conductivity anomalies (Figure 3). These geophysical anomalies are spatially associated with strong copper-in-soil geochemical anomalism and subtle magnetic features (Figure 2).

A drill rig  and crew have mobilised to site and drilling is set to commence in the coming days.

The Thira Target

The Thira target is centered approximately 10 km south of the porphyry-related, Poplar copper-gold deposit (Figure 1; historical mineral resources of 152.3 million tonnes at 0.32% Cu, 0.09 g/t Au indicated and 139.3 million tonnes at 0.29% copper, 0.07 g/t Au inferred, Table 1³). At surface, the Thira target is characterized by a broad, ~8 by 2 kilometer zone of quartz-sericite-pyrite (phyllic) alteration observed along local road-cuts and sparse outcrop on ridges (Figure 2, see News Release dated August 12, 2024). Zones of strong epidote-chlorite-magnetite alteration locally crop out near the valley bottom, proximal to the strongest geochemical and geophysical anomalies. Recently completed airborne geophysical surveys (MobileMT and high-resolution magnetics) outlined a complex, kilometer-scale conductivity-high cored by a lower-conductivity (high-resistivity) zone associated with a circular magnetic-low (Figure 1). This area is also associated with a moderate chargeability response that increases with depth towards a >50 mv/v anomaly (Figure 3). These geophysical anomalies are mutually coincident with an open-ended, ~1,200 by 800 meter, multi-element (copper-molybdenum-silver) soil geochemical anomaly (see News Release dated October 8^th, 2024 and Figure 2). A historical shallow drill hole completed in 1995, near the margins of the strongest coincident anomalies, returned  67.1 meters of 0.18% copper (drill hole 95-05, Figures 2 and 3)¹. The percussion drill hole reportedly intersected potassically altered intrusive rocks with quartz-chalcopyrite-molybdenite mineralization throughout its length. The 3D chargeability model suggests that hole 95-05 was too short and was located too far west to test the target area properly.

Figure 1. Map of the Poplar Project showing the location of the Poplar South Target and previously acquired MobileMT data¹

Figure 2. The Thira target area showing gridded IP chargeability data (700m elevation slice) and soil geochemical data (see October 8^th, 2024 and January 15 ^th, 2024 News Releases). Drilling will focus on areas showing strong spatial coincidence in geochemical and geophysical data.

Figure 3. Section through the Thira chargeability and resistivity 3D voxel model showing the location of historical drill hole 95-05² in relation to strong-chargeability and strong-resistivity features. Location of A to A' shown in Figure 2.

Poplar Project

The 44,200 hectare Poplar project in central BC 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 deposit, which contains close to 2 billion pounds of copper and 750,000 ounces of gold³ (indicated and inferred mineral resources, Table 1). 

Table 1.  Historical Mineral Resource Estimate for the Poplar Deposit³

About Vizsla Copper

Vizsla Copper is a Cu-Au-Mo 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 kilometers east of the community of Williams Lake, British Columbia. It has three additional copper properties: Poplar, Copperview, and Redgold, 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 spin-out of Vizsla Silver and is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and funding opportunities in the resource sector. Additional information about the Company is available on SEDAR+ (www.sedarplus.ca) and the Company's website (www.vizslacopper.com).

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 Christopher Leslie, Ph.D., P.Geo., Technical Advisor 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 technical information has not been verified by Vizsla Copper and may in some instances be unverifiable. Mineralization hosted on adjacent and/or nearby projects is not necessarily indicative of mineralization hosted on Vizsla Copper's projects.

The historical Poplar mineral resource is relevant, as it was prepared for the previous project owner in 2021 using practices that are generally standard in the industry. It was created with ordinary kriging of composited grades into a 3D block model. An independent qualified person has not done sufficient work to classify the Poplar historical estimate as a current mineral resource for Vizsla Copper Corp. and, the issuer is not treating the historical estimate as a current mineral resource.

References

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS

The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking statements in this news release include, among others, statements relating to: obtaining required regulator approvals for the Copperview Acquisition and the RG Copper Acquisition; satisfying the requirements of the Underlying Option Agreement; the exploration and development of the Poplar Project, Woodjam Project, Redgold Project and Copperview Project; and the Company's growth and business strategies.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

SOURCE Vizsla Copper Corp.