Mr. Craig Parry reports

VIZSLA COPPER COMMENCES 2026 DRILL PROGRAM AT THE PALMER PROJECT

Diamond drilling has commenced at Vizsla Copper Corp.'s Palmer volcanogenic massive sulphide project in southeastern Alaska.

The fully financed 2026 exploration program represents the first phase of a multiyear strategy designed to expand the project's critical mineral resource base, evaluate new discovery opportunities and advance the technical understanding of the broader Palmer district.

Two drill rigs are currently operating on site, with approximately 10,000 metres of drilling planned during the 2026 field season. Initial drilling is focused on the Palmer deposit's South Wall zone, where previous drilling identified a high-grade copper-rich core within Zone 1, including some of the highest copper grades intersected on the property to date.

Craig Parry, executive chairman and chief executive officer, commented: "With drilling now under way, our team is focused on building upon the success of recent exploration at Palmer. The 2026 program is designed to expand high-grade mineralization at the South Wall deposit while evaluating several priority targets across the district. As our geological understanding continues to improve, Palmer is increasingly demonstrating the scale, exploration upside and critical minerals endowment that we believe distinguishes it as one of the premier exploration opportunities in southeast Alaska."

Peter Mercer, senior vice-president, Alaska, added: "The 2026 program reflects a balanced approach between resource expansion and discovery while advancing the environmental and technical understanding of the project. The drill rigs are currently focused on areas where previous drilling has returned some of the highest copper grades encountered on the property while mountain crews prepare additional drill sites to evaluate the mineral potential between the Palmer and AG deposits. As the season progresses, our focus remains on safe operations, disciplined execution and generating the technical information needed to better understand the full potential of the district."

2026 program under way

The 2026 program combines resource growth, new discovery opportunities and technical studies designed to further advance the company's understanding of the Palmer district. Diamond drilling will initially focus on the Palmer deposit, where initial holes are testing high-priority targets within the South Wall system. This first phase of drilling is designed to further define and expand the high-grade copper-rich core identified within Zone 1 and improve confidence within existing mineralized zones 2 and 3 through targeted infill drilling.

Drilling later this season is planned at two priority exploration targets located between the existing deposits. The HG prospect, located west of the Palmer deposit, hosts significant copper-zinc-silver mineralization exposed over more than 600 metres of strike length and shares several geological characteristics with the South Wall mineralized system.

The Waterfall prospect, situated between the Palmer and AG deposits, represents an important target where geological, geochemical and alteration characteristics suggest potential to add additional mineralization between the known deposits.

Beyond these priority drill targets, the company will continue evaluating several regional prospects across the broader Palmer district, including Mount Henry Clay, Christmas Creek and other underexplored target areas. Follow-up field investigations will include geological and structural mapping, high-resolution photogrammetry, target refinement, and additional diamond drilling.

The exploration program is supported by an integrated technical initiative that includes advanced geological modelling, geophysical reinterpretation, critical mineral assessment and continued environmental baseline studies. Together, these programs are intended to improve the company's understanding of the Palmer district while supporting future technical, economic and engineering studies.

Multiyear technical strategy

The Palmer project hosts copper, zinc, silver, gold and barite mineralization, commodities recognized as strategically important to domestic supply chains, infrastructure development, energy systems and national security applications. The 2026 field season represents the first stage of a broader multiyear technical program focused on resource growth, geological understanding, environmental baseline collection, and technical trade-off and optimization studies.

Over the coming field seasons, Vizsla Copper intends to continue advancing the technical knowledge base required to support future economic and engineering studies while maintaining a strong focus on exploration and discovery across the broader Palmer district.

As reported in the 2025 National Instrument 43-101 technical report, the Palmer project hosts an indicated mineral resource of 4.77 million tonnes grading 1.69 per cent copper and 5.17 per cent zinc, containing approximately 178 million pounds of copper and 543 million pounds of zinc, and an inferred mineral resource of 12.0 million tonnes grading 0.57 per cent copper and 3.92 per cent zinc, containing approximately 152 million pounds of copper and 1.04 billion pounds of zinc, in addition to significant silver, gold and barite. The existing resource remains open for expansion and provides a strong foundation for continued exploration across more than 15 kilometres of prospective stratigraphy within the broader Palmer district.

Further updates will be provided as drilling progresses and assay results become available.

About Vizsla Copper Corp.

Vizsla Copper is a copper-gold-molybdenum-focused mineral exploration and development company headquartered in Vancouver, Canada. The company is primarily focused on its Palmer VMS project in southeastern Alaska, and its Poplar and Woodjam porphyry-related projects in central and Southern British Columbia. All of the company's projects are well situated amongst significant infrastructure. The company's growth strategy is focused on the exploration and development of the properties within its portfolio in addition to value accretive acquisitions. Vizsla Copper's vision is to be a responsible copper explorer and developer in the stable mining jurisdictions of Alaska and British Columbia, and it is committed to socially responsible exploration and development, working safely, ethically and with integrity.

Vizsla Copper is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and financing opportunities in the mineral resource sector.

Qualified person and National Instrument 43-101 disclosure

The company's disclosure of technical or scientific information in this press release has been reviewed and approved by Peter Mercer, PGeo, senior vice-president, Alaska, for Vizsla Copper. Mr. Mercer is a qualified person as defined under the terms of National Instrument 43-101.

We seek Safe Harbor.