VIZSLA SILVER ANNOUNCES MAJORMINERAL RESOURCE UPDATE FOR PANUCOSILVER-GOLD PROJECT DRIVEN BYSIGNIFICANT GROWTH AT THE COPALA VEIN

VANCOUVER, BC, Jan. 24, 2023 /CNW/ – Vizsla Silver Corp. (NYSE: VZLA) (TSXV: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to announce an updated mineral resource estimate (“Updated Mineral Resource Estimate”) for its flagship, 100% owned Panuco silver-gold project (the “Project” or “Panuco”) located in Sinaloa, Mexico. The Updated Mineral
Resource Estimate was completed by Allan Armitage, Ph.D., P.Geo., of SGS Geological Services.

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