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April 16, 2026

Vizsla Copper Receives Drilling Permit for the Copperview Project, South-Central BC

Vancouver, British Columbia, April 16, 2026 – Vizsla Copper Corp. (TSXV: VCU, OTCQB: VCUFF, FRANKFURT: 97E0) (“Vizsla Copper” or the “Company”) is pleased to report that it has received an exploration permit for its 11,630 hectare, 100% controlled Copperview Project (the “Copperview Project”), central British Columbia.

HIGHLIGHTS

  • Permit approval: A 5-year Multi-Year Area Based (MYAB) permit has been granted for planned drill programs at the Copperview Project, southern BC.
  • Approved activities: The permit allows for drilling at multiple sites and as well as limited construction and modification of exploration access trails.
  • Exploration to commence: Planning is underway for a drill program later in the year focused on evaluating the porphyry-related copper potential of the previously undrilled M5 target, central to the project area.

“The grant of this drill permit represents a key milestone for the company as we advance our pipeline of copper, and other critical mineral exploration projects,” commented Craig Parry, Executive Chairman and CEO of the Company. “The M5 target has been refined through systematic exploration programs over the last two years. We look forward to announcing more detailed drilling plans in due course, which we anticipate commencing this fall.”

“The Vizsla Copper exploration team is excited to evaluate the previously undrilled M5 target area with core drilling,” commented Steve Blower, VP Exploration. “It’s location, geology, and geophysical signatures warrant drill testing in this region known for economic copper-gold porphyry related deposits.”

Multi-Year Exploration Permit

The company has been notified by the BC Ministry of Mining and Critical Minerals that it’s Notice of Work application for a 5-year MYAB permit under the BC Mines Act has been approved. The permit area is contained within the Company’s 11,630 hectare mineral tenure land position located near Princeton, BC.

Permitted activities include core drilling and limited construction of access trails under rigorous environmental conditions.

Copperview M5 Target

Drilling will focus on the recently defined M5 target, central to the Copperview Project (see June 11th, 2025, News Release, Figure 1). The till-concealed M5 target, largely defined on the basis of ground and airborne geophysical data, comprises a broadly northwest-southeast oriented >20 mv/v chargeability-high anomaly that spans 2.5 by 1.4 kilometers (Figure 1). The core of the chargeability-high anomaly is spatially associated with a strong conductivity-high (resistivity-low) anomaly observed in ground IP data as well as the recently compiled MobileMT1 survey (see November 2nd, 2023 News Release) and a marked break (magnetic-low anomaly) in north-trending regional-scale magnetic-high lineaments. The M5 target is along trend, 6.5 kilometers north of Kodiak Copper’s Gate discovery2 (Figure 1). Porphyry-related copper and gold mineralization at the Gate discovery is spatially associated with a strong chargeability-high coincident with a similar break in the regional-scale magnetic-high lineament (Figure 1).

Planning is underway for an inaugural drill program focused on the M5 target, anticipated to commence in the fall 2026. Details of the drill program will be announced prior to mobilization of crews and a drill rig.

Figure 1. Map of the Copperview Project showing the location of the M5 target in relation to a regional magnetic-high lineament and Kodiak Copper’s Gate discovery2. The untested M5 chargeability-high anomaly (250m depth slice) is shown with survey lines from 2024 and 2025.

About Vizsla Copper

Vizsla Copper is a critical-minerals focused exploration and development company headquartered in Vancouver, Canada. The Company is primarily focused on its Palmer VMS project in Southeast Alaska, and its Poplar and Woodjam porphyry-related projects in 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 stable mining jurisdictions, and it is committed to socially responsible exploration and development, working safely, ethically, and with integrity.

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 - Standards of Disclosure for Mineral Project. 

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, and the Company encourages readers to exercise appropriate caution when evaluating this technical information. Investors are cautioned that mineralization on adjacent properties is not necessarily indicative of mineralization at Copperview.

References

1. Weicker, R. (2021), Report on geochemistry and geophysics activities 2021 on the Copperview North Property, Assessment Report Indexing System, Report 39955, https://apps.nrs.gov.bc.ca/pub/aris.
2. Kodiak Copper October 22nd, 2020 News Release, kodiakcoppercorp.com

Contact Information: For more information and to sign-up to the mailing list, please contact:

Craig Parry, Executive Chairman, Chief Executive Officer

Tel: (604) 364-2215 | Email: info@vizslacopper.com

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 (collectively, “forward-looking statements”). “Forward-looking statements” 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 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 the Company’s exploration plans, the results from work performed to date; the magnitude or quality of mineral deposits; the anticipated advancement of the Company’s mineral properties, including but not limited to the drilling program and the analysis and results referenced herein, including the timing, scope and execution thereof; exploration and development, expenditures, costs and timing of the development of new deposits; underground exploration potential; costs and timing of future exploration; exploration prospects of mineral properties; the realization of the expected economics of mineral properties; future growth potential of mineral properties; and future plans, projections, objectives, estimates and forecasts and the timing related thereto.

Such forward-looking 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 statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking 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 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 statements or implied by forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking 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.  The Company undertakes no obligation to update or reissue forward-looking statements as a result of new information or events except as required by applicable securities laws.

Explore Vizsla Copper

Palmer VMS Project

Explore Vizsla Copper’s flagship project in Southeast Alaska

Poplar Project

Explore Vizsla Copper’s copper-gold porphyry project in British Columbia

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COPPERVIEW PROJECT

Notes on Mineral Resource Estimate

Please advise on Copperview Disclaimers. Or we can remove the link to this content.

WOODJAM PROJECT

Notes on Woodjam Historical Estimates

The Woodjam estimates are historical estimates within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The historical estimates are not being treated by Vizsla Copper as current mineral resources or mineral reserves. A Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

The historical estimates relate to the Southeast, Deerhorn and Takom deposits and were prepared for Gold Fields Horsefly Exploration Corp. and Consolidated Woodjam Copper Corp. with an effective date of May 15, 2013.

The Southeast historical estimate was disclosed in the technical report titled NI 43-101 Technical Report for 2012 Activities on the Woodjam South Property, Cariboo Mining Division, British Columbia, prepared by Ross Sherlock, Ph.D., P.Geo., Gold Fields Canada Exploration BV, and Alex Trueman, P.Geo., MAusIMM CP(Geo), Gold Fields Exploration, Inc., with an effective date of May 15, 2013. The Southeast historical estimate was completed by Alex Trueman, P.Geo., MAusIMM CP(Geo), Chief Resource Geologist, Gold Fields Exploration Inc.

The Deerhorn and Takom historical estimates were disclosed in the technical report titled NI 43-101 Technical Report for 2012 Activities on the Woodjam North Property, Cariboo Mining Division, British Columbia, prepared by Ross Sherlock, Ph.D., P.Geo., Gold Fields Canada Exploration BV, Jacqueline Blackwell, Ph.D., P.Geo., Gold Fields Canada Exploration BV, and Twila Skinner, P.Geo., Gold Fields Canada Exploration BV, with an effective date of May 15, 2013. The Deerhorn and Takom historical estimates were completed by Brian Wolfe, MAIG, Principal Resource Geologist, Gold Fields Australasia Pty. Ltd.

The Southeast and Deerhorn historical estimates were prepared using localized multivariate uniform conditioning, and the Takom historical estimate was prepared using ordinary kriging. Each historical estimate used a cut-off grade of US$8.60/t. The NSR calculation used metal price assumptions of US$1,650/oz Au and US$3.90/lb Cu and recovery assumptions of 69% Au and 85% Cu. The historical estimates were reported within modelled open pit shells based on price assumptions of US$1,650/oz Au and US$3.90/lb Cu.

Vizsla Copper considers the historical estimates relevant because they provide information regarding mineralization identified at the Woodjam Project and assist in guiding exploration planning. Vizsla Copper considers the historical estimates reliable for these limited purposes because they were prepared by qualified professionals using drilling and sampling information collected using modern methods available at the time. However, Vizsla Copper has not independently verified the historical estimates and readers should not rely on them as current mineral resources or mineral reserves.

Additional work required to verify or upgrade the historical estimates as current mineral resources may include, as applicable, data compilation, confirmation drilling, resampling, data verification, verification of historical drill hole locations and survey data, review and validation of historical QA/QC data, density verification, updated geological modelling, a site visit by a Qualified Person and preparation of a current mineral resource estimate and technical report in accordance with NI 43-101.

A Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves, and Vizsla Copper is not treating the historical estimates as current mineral resources or mineral reserves. There can be no assurance that the historical estimates, in whole or in part, will ever be verified as current mineral resources or converted into mineral reserves.

POPLAR PROJECT

Notes on Poplar Historical Estimate

The Poplar estimate is a historical estimate within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The historical estimate is based on the technical report titled Technical Report 2021 Update on the Poplar Deposit, Omineca Mining Division, British Columbia, prepared for Universal Copper Ltd. by James Ashton, P.E., SME-RM and Warren Robb, P.Geo., with a report date of September 2, 2021 and filed under Universal Copper Ltd.’s profile on SEDAR on September 8, 2021.

The historical estimate was reported at a 0.20% Cu cut-off within a modelled mineralized solid. The historical estimate comprises 152.3 million tonnes grading 0.32% Cu, 0.009% Mo, 0.09 g/t Au and 2.58 g/t Ag in the indicated category, and 139.3 million tonnes grading 0.29% Cu, 0.005% Mo, 0.07 g/t Au and 4.95 g/t Ag in the inferred category.

The historical estimate was prepared using a three-dimensional solid to constrain the interpolation of mineralization, using a 0.1% Cu grade limit as a guide. Large internal waste zones and certain post-mineral dykes were modelled. A total of 133 drill holes totaling 38,854 metres within the modelled area were used in the estimate. Copper, molybdenum, gold and silver assays within the mineralized solid were capped at 1.8% Cu, 0.16% Mo, 0.80 g/t Au and 70 g/t Ag, respectively. Five-metre composites were calculated and used for variography. Blocks were 5 m x 5 m x 10 m and were estimated for Cu, Mo, Au and Ag by ordinary kriging. Classification as indicated or inferred was based on each block’s proximity to data and grade continuity within the mineralized solid.

Vizsla Copper considers the historical estimate to be relevant because it provides information regarding the scale and grade of mineralization identified at the Poplar Project and assists in guiding future exploration and evaluation work. Vizsla Copper considers the historical estimate to be reliable for these limited purposes because it was prepared by qualified professionals using drilling, sampling and geological information available at the time and estimation methods considered reasonable when the estimate was prepared. However, Vizsla Copper has not independently verified the historical estimate and it should not be relied upon as a current mineral resource or mineral reserve.

The historical estimate used the categories “indicated” and “inferred”. These categories appear to be generally consistent with the corresponding mineral resource categories under NI 43-101 and the CIM Definition Standards; however, Vizsla Copper has not completed the work required to verify the historical estimate as a current mineral resource.

Additional work required to verify or upgrade the historical estimate as a current mineral resource may include, as applicable, confirmation drilling, verification of historical drill hole locations and survey data, validation of the drill hole database, review and validation of historical QA/QC data, density verification, metallurgical test work, updated geological modelling, application of current CIM Definition Standards and preparation of a current mineral resource estimate and technical report in accordance with NI 43-101.

A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and Vizsla Copper is not treating the historical estimate as current mineral resources or mineral reserves. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

PALMER PROJECT

Notes on Mineral Resource Estimate

(1) Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viability. The deposits have been classified as Indicated and Inferred based on confidence in the geological model, drill spacing. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, market or other relevant issues. The quantity and grade of reported Inferred Resources are uncertain in nature and there has not been sufficient work to define these Inferred Mineral Resources as Indicated or Measured Resources. There is no certainty that any part of a Mineral Resource will ever be converted into reserves.

(2) Mineral resources are reported using an assumed NSR which includes prices, recoveries and payabilities cut-off grade based on metal price assumptions*, variable metallurgical recovery assumptions**, mining costs, processing costs, general and administrative (G&A) costs and variable NSR factors. Mining (US$41.3), processing (US$23.92) and G&A costs (US$11.77) and Sustaining Capital (US$15.92) totaling US$92.9/t for Underground Mining.

(*) Metal price assumptions considered for the calculation of Metal Equivalent grades are: Gold (US$/oz 2,100.00), Silver (US$/oz 28.0), Copper (US$/lb 4.50), Lead (US$/lb 0.95) and Zinc (US$/lb 1.50)

(**) Cut-off grade calculations assume variable metallurgical recoveries as a function of grade and relative metal distribution. Average metallurgical recoveries are: SW/RW Zones: Gold (76.1%), Silver (90.2%), Copper (90.3%), Lead (82.9%) and Zinc (89.2%), AG Zone: Gold (66.0%), Silver (91.0%), Copper (54.8%), Lead (83.4%) and Zinc (94.8%) .

(3) NSR Calculations for SW/RW Domains: NSR= $77.25 x %Cu + $20.32 x %Zn + $9.64 x %Pb + $0.64 x g/t Ag + $43.07 x g/t Au

(4) NSR Calculation for AG Domain: NSR=$49.04 x %Cu + $22.25 x %Zn + $10.14 x %Pb + $0.70 x g/t Ag + $37.77 x g/t Au

(5) The resources are considered to have potential for extraction using underground methodology and constrained by mineable shapes. Resources are presented undiluted and in situ and are considered to have reasonable prospects for economic extraction.

(6) Barite as reported is shown for economic potential but has not been used in the NSR value at this stage.

(7) ZnEq defined by equation SW & RW = NSR value per block / $20.32; AG = NSR value per block / $22.25 (Note Barite has been excluded from the ZnEq and NSR calculations)

(8) CuEq defined by equation SW & RW = NSR value per block / $77.25; AG = NSR value per block / $49.04 (Note Barite has been excluded from the CuEq and NSR calculations)

(9) Mineral Resources are based on validated data, which have been subjected to QA/QC analysis, using capped, composited samples at 2m. Estimation has been completed using a combination of Ordinary Kriging and Inverse Distance estimation methodologies and classified based on confidence in the underlying data and drill spacing. Mineral resource tonnages have been rounded to reflect the precision of the estimate.

(10) The mineral resources were estimated by Benjamin Parsons, BSc , MSc Geology, MAusIMM (CP) #222568 of SRK, a Qualified Person.