VIZSLA SILVER TO ACQUIRE STRATEGIC CLAIMS SURROUNDING PANUCO FROM FRESNILLO PLC
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VIZSLA SILVER TO ACQUIRE STRATEGIC CLAIMS SURROUNDING PANUCO FROM FRESNILLO PLC


NYSE: VZLA  TSX: VZLA

VANCOUVER, BC, Dec. 18, 2025 /PRNewswire/ – Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company“) is happy to announce that it has entered into an oath to procure from Minera Fresnillo S.A. de C.V., a subsidiary of Fresnillo plc (“Fresnillo“) ten claims comprising 2,378 Ha (the “Claims“) alongside the extremely potential Panuco – San Dimas hall. Seven of those claims (the “Strategic Claims“) comprising 1,734 Ha are strategic and happen adjoining to the Panuco mission (the “Panuco Project” or “Panuco“), protecting potential gardens or doable extensions to veins with recognized mineralization.

Highlights

  • Quality bundle constituted of 2,378 Ha within the extremely potential Panuco – San Dimas hall.
  • Strategic Claims constituted of 1,734 Ha protecting extremely potential gardens or doable vein extensions.
  • The Claims include numerous potential gardens or doable extensions to veins with recognized mineralization.
  • Vizsla Silver has affirmative to pay US$2,000,000 and factor US$4,000,000 in ordinary stocks to Fresnillo as attention for the Claims.

“With this acquisition, we now have more prospective ground adjacent to our flagship Panuco project to continue exploring,” said Michael Konnert, President and CEO. “The Strategic Claims host past production along a trend of known mineralized structures, several of which are included in the recently announced Panuco Feasibility Study. The acquisition of the Claims provides our team with new high-priority targets, which, pending exploration success, not only have the potential to grow the overall resource base but also bolster mine economics in future mine updates and technical studies.”

In regards to the Claims

The Claims include ten titled mining claims protecting 2,378 Ha (Determine 1) within the rising silver-gold-rich Panuco – San Dimas hall with estimated ancient manufacturing plus tide sources and reserves of one.2-Boz Ag and 15-Moz Au. The Strategic Claims are adjoining to and partly encompass the Panuco Undertaking (Determine 2). 

The primary lithologies recognized inside the Strategic Claims adjoining to Panuco correspond to the beneficial andesite lavas and tuffs with overlying rhyolite tuffs correlative with the Tarahumara formation that had been intruded via diorite and granodiorite shares of the Sinaloa batholitic complicated. Moreover, striking mapping, rock sampling and exploratory drilling means that some veins and vein methods inside Panuco, akin to Los angeles Luisa, Cruz Negra, San Dimas, Camelia, Los angeles Florida and Cordon del Oro might lengthen into the Claims.

Moreover, Vizsla Silver is within the strategy of increasing its LiDAR survey to barricade the Strategic Claims and to begin regional recognizance-mapping and rock sampling in extremely potential gardens the place recognized mineralization might lengthen.

Phrases of the Acquisition

The Corporate entered into an asset acquire oath (the “Acquisition Agreement“) dated December 17, 2025 with Fresnillo and the Corporate’s entirely owned subsidiary, Minera Canam, S.A. de C.V. (“Minera Canam“) pursuant to which the Corporate affirmative to procure, via Minera Canam, all of Fresnillo’s proper, name and hobby in and to the Claims.

Pursuant to the Acquisition Contract, the Corporate has affirmative to pay US$2,000,000 and factor 854,697 ordinary stocks within the capital of the Corporate (the “Consideration Shares“) to Fresnillo. The Attention Stocks are topic to a four-month conserve duration pursuant to appropriate Canadian securities rules.

Certified Particular person

In line with NI 43-101, Jesus Velador, Ph.D. MMSA QP., Vice President of Exploration, is the Certified Particular person for the Corporate and has reviewed and licensed the technical and medical content material of this information let fall.

About Vizsla Silver and the Panuco Undertaking

Vizsla Silver is a Canadian mineral exploration and building corporate headquartered in Vancouver, BC, all for advancing its flagship, 100%-owned Panuco silver-gold mission positioned in Sinaloa, Mexico. The Corporate lately finished a Feasibility Find out about for Panuco in November 2025 which highlights 17.4 Moz AgEq of annual manufacturing over an preliminary 9.4-year mine future, an after-tax NPV (5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz. Ag and US$3,100/oz. Au. Vizsla Silver objectives to put itself as a chief silver corporate via imposing a twin observe building method at Panuco, advancing mine building month proceeding district scale exploration via cheap manner.

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This information let fall accommodates “forward-looking statements” and “forward-looking information” (in combination, “forward-looking statements”) inside the that means of appropriate Canadian securities rules and the US Non-public Securities Litigation Reform Office of 1995. Ahead-looking statements relate to occasion occasions or efficiency and replicate control’s expectancies or ideals relating to occasion occasions, plans, and targets.

Ahead-looking statements on this let fall come with, however aren’t restricted to, statements relating to: the Corporate’s exploration and building plans; the possible enlargement of the Corporate’s general useful resource bottom and mine economics; the potential of occasion mine updates and technical research; and alternative statements relating to control’s plans, methods, and occasion operations.

Ahead-looking statements are in line with numerous guesses believed to be cheap via the Corporate as of the while of this let fall, together with, with out limitation: the accuracy of the Feasibility Find out about parameters; the supply of financing on applicable phrases; that required lets in and approvals will likely be received within the anticipated time-frame; endured people and govt backup; balance in marketplace, political and financial situations; cheap accuracy of working and capital price estimates; and endured beneficial steel costs and alternate charges.

Ahead-looking statements are topic to recognized and unknown dangers, uncertainties and alternative components that can motive original effects to vary materially. Such dangers come with, however aren’t restricted to: exploration, building and working dangers; allowing, environmental and regulatory dangers; people family members and social licence dangers; commodity worth and forex fluctuations; inflation and price escalation; financing and liquidity dangers; reliance on contractors and providers; name and floor rights dangers; adjustments in mission parameters; inaccuracies in technical or financial modelling; the chance that the Feasibility Find out about guesses turn out faulty; and alternative dangers described within the Corporate’s steady disclosure filings to be had beneath its profile on SEDAR+ at www.sedarplus.ca.

There can also be disagree commitment that the Panuco Undertaking will likely be positioned into manufacturing or that the result of the Feasibility Find out about will likely be discovered. The aim of the forward-looking statements is to grant details about control’s tide expectancies and plans and is probably not suitable for alternative functions. Readers are cautioned to not playground undue reliance on forward-looking statements, which talk most effective as of the while of this let fall. Aside from as required via appropriate regulation, the Corporate undertakes disagree legal responsibility to replace or revise any forward-looking statements contained herein.

SOURCE Vizsla Silver Corp.



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