VIZSLA SILVER RESTATES MAIDEN RESOURCE ESTIMATE FOR PANUCO SILVER-GOLD PROJECT

Vancouver, British Columbia (March 1, 2022) – Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt:
0G3) (“Vizsla” or the “Company”) announces a restated maiden mineral resource estimate (the “Resource
Estimate”) for its flagship, 100% owned Panuco silver-gold project (the “Project” or “Panuco”) located in
Sinaloa, Mexico.

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