VIZSLA SILVER FILES FEASIBILITY STUDY TECHNICAL REPORT ON THE PANUCO PROJECT

Executive Summary

• Vizsla Silver filed its NI 43‑101 technical report and feasibility study (FS) for the Panuco silver‑gold project, confirming previously announced economic parameters.
• The FS projects 17.4 Moz AgEq of annual production over a 9.4‑year mine life, with an after‑tax NPV(5%) of US$1.8 billion, a 111% IRR and a 7‑month payback at $35.50/oz Ag and $3,100/oz Au.
• The filing makes the detailed technical and economic data publicly available on SEDAR+, EDGAR and the company website.

Key Details

• Technical Report: “Panuco Project – NI 43‑101 Technical Report and Feasibility Study” filed with an effective date of 2025‑11‑04.
• Prepared By: Ausenco Engineering Canada ULC, supported by Mining Plus Canada Consulting Ltd. and SGS Canada Inc.
• Location: Panuco project, Sinaloa, Mexico – 100 % owned by Vizsla Silver.
• Production Forecast: 17.4 Moz AgEq per year.
• Mine Life: Initial 9.4 years (subject to future extensions).
• Economic Highlights:
• After‑tax NPV (5%) = US$1.8 billion.
• Internal Rate of Return (IRR) = 111 %.
• Payback period = 7 months at base metal prices of $35.50/oz Ag and $3,100/oz Au.
• Access to Report: Available on Vizsla’s SEDAR+ profile, EDGAR, and the company website (www.vizslasilvercorp.com).
• Forward‑Looking Statements: The release contains extensive forward‑looking statements regarding project development, financing, permitting, construction timing, metal price assumptions, and other risks.

Notable Quotes

(No direct quotes were included in the release.)