Vizsla Copper Secures Extension of Trust Land Lease at the Palmer Project

The most recent news (February 24, 2026) announces that Vizsla Copper has secured a seven-year extension of its Upland Mining Lease at the Palmer Project in Alaska, extending tenure through August 31, 2033. This follows a string of positive administrative and operational updates, including a formal letter of support from the Governor of Alaska in late January 2026. Operationally, the company has commenced an 8,000-meter winter drill program at its Thira discovery (Poplar Project, BC) and is finalizing plans for a 10,000-meter summer program at Palmer.

The lease extension is Routine - Positive. While not a "game changer" in terms of immediate resource growth, it is a critical de-risking event. - Continuity: It removes the immediate threat of tenure expiry, allowing for long-term economic studies. - Permitting Stability: The news confirms that federal plans of operations remain in effect without expiration, providing a stable regulatory environment. - Strategic Alignment: The extension, coupled with the Governor's support, suggests a high level of local and state-level "social license," which is often the primary hurdle for VMS projects in sensitive Alaskan environments. - Operational Readiness: The news confirms the company is on track to mobilize crews in May 2026, maintaining the momentum established by the aggressive 2025 exploration season.

Vizsla Copper is a copper-gold-zinc explorer focused on Tier-1 jurisdictions (BC and Alaska). - Flagship Project: The Palmer Project (Alaska), a high-grade VMS deposit with an Indicated Resource of 4.77Mt at 1.69% Cu and 5.17% Zn, plus a large Inferred resource. - Secondary Project: The Poplar Project (BC), hosting a large porphyry system (Thira discovery) with recent intercepts like 237m of 0.51% CuEq.