Vizsla Silver Corp. Enters into an Agreement to Acquire the Santa Fe Project

Published: 2025-05-15 17:21:51 ET VZLA.TO

Published on 05/15/2025 at 17:21

Vizsla Silver Corp. announced that it has entered into an agreement to acquire the Santa Fe Project (the "Santa Fe Project"), including both production and exploration concessions, comprising 12,229 Ha located to the south of the Company's Panuco project (the "Panuco Project" or "Panuco") for a combination of cash and shares. The Santa Fe Project benefits from permitted on-site production infrastructure including an operating 350 tonne per day ("tpd") mill situated along the highly prospective Panuco - San Dimas corridor and is covered 100% with LiDAR and high-resolution aero-magnetic and radiometric surveys.

The producing Santa Fe mine and known vein prospects identified to date account for approximately 12% of the total property package. Vizsla Silver aims to become the world's leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means. Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature.

Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects.