Intersections At The New Vein West Of Napoleon Corridor

VANCOUVER - Vizsla Silver Corp. reported results from five new drill holes targeting the Cruz Negra Vein, located 250 meters west of the Napoleon resource area, at its 100%-owned, flagship Panuco silver-gold project ("Panuco" or the "Project") located in Mexico. The results are a part of Vizsla's ongoing, fully funded 120,000-meter resource/discovery-based drill program.

NP-21-236 returned 1,169 grams per tonne (g/t) silver equivalent (AgEq) over 3.2 meters downhole (mDH) (160 g/t silver, 10.4 g/t gold, 0.55 % lead and 4.30 % zinc), including; 1,779 g/t AgEq over 1.1 mDH (256 g/t silver, 14.80 g/t gold, 0.98 % lead and 8.27 % zinc). NP-21-232 returned 1,889 g/t AgEq over 1.7 mDH (1,066 g/t silver, 9.85 g/t gold, 0.40 % lead and 0.66 % zinc) including; 3,098 g/t AgEq over 0.9 mDH (1,825 g/t silver, 15.45 g/t gold, 0.48 % Pb and 0.65 % Zn). NP-21-146B returned 3,499 g/t AgEq over 0.7 mDH (1,795 g/t silver, 21.00 g/t gold, 0.23 % lead and 0.50 % zinc). Results are from five of nine completed drill holes at Cruz Negra that define a mineralized zone approximately 180 long by 240 meters deep, which remains open in all directions.

"One of the most exciting aspects of Panuco is the tremendous growth potential remaining in the district," said, Michael Konnert, President, and CEO.  "The results highlight this with a new high-grade discovery, Cruz Negra, which is associated with the Josephine Vein in the Napoleon Corridor. Of note is the particularly high gold grades intersected to date at Cruz Negra.  The Company now has eleven rigs on site, increasing to twelve by end of next week, with an equal split of resource expansion and new exploration drilling.  This fits with our 2022 strategy of defining the full extent of mineralization in and around the initial resource areas while simultaneously beginning to unlock the full district endowment."