Company Announcements

VANCOUVER, BC , Feb. 4, 2026 /CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0) ("Vizsla Copper" or the "Company") is pleased to report drilling is now underway at the Poplar Project (the "Poplar Project" or "Poplar"), central British Columbia. Up to 8,000 meters of drilling is planned with two drill rigs focused on expanding the recently discovered Thira porphyry copper-molybdenum system and evaluating additional high-priority porphyry targets across the broader Thira alteration corridor.

HIGHLIGHTS

• Significant drill program has commenced: Winter drilling has commenced at the Poplar Project with up to 8,000 meters of drilling planned in approximately 16 drill holes, targeting expansion of the Thira copper-molybdenum discovery and evaluating additional high-priority porphyry targets.
  
  
• Expansion of the Thira discovery: Drilling at Thira is designed to evaluate the lateral and vertical extent of the porphyry-related mineralization discovered in 2025, as well as the geological and structural controls on higher-grade zones. Importantly, mineralization at Thira remains open laterally and at depth.
  
  
• Exploring for additional porphyries within Thira alteration corridor: A second drill rig is evaluating additional porphyry targets at Camp Lake and Copper Pond along the >8 kilometre Thira alteration corridor. Targets are supported by coincident chargeability and conductivity anomalies, extensive hydrothermal alteration, and geochemical signatures consistent with porphyry copper-molybdenum systems.

"We are very excited to kick off our 2026 winter drill program across the Thira alteration corridor" commented Steve Blower, VP, Exploration. "The near-surface Thira discovery is a compelling porphyry copper-molybdenum system, with mineralization remaining open in all directions. Also, the neighbouring targets at Camp Lake and Copper Pond are a high priority due to their proximity to Thira and their similar geophysical signatures. We look forward to keeping shareholders informed as drilling progresses."

Drill Plans

The Phase 1, 2026 winter drill program at the Poplar Project will consist of up to 8,000 meters of core drilling across ~16 drill holes within the extensive Thira alteration corridor (Figure 1). Two diamond drill rigs have mobilised to site and are advancing the first two drill holes. The drill program will consist of:

1. A series of step-out holes designed to investigate the lateral and vertical extent of known porphyry-related copper-molybdenum mineralization at the Thira Discovery (e.g., 237.3 meters of 0.51% CuEq* (0.36% Cu, 0.02% Mo, 1.19 g/t Ag, and 0.06 g/t Au from 117.7 meters downhole in TH25-145, see October 20^th, 2025 News Release). Drilling will also investigate the structural and/or lithological controls on higher-grade copper mineralization (e.g., 77.0 meters of 0.55% CuEq* (0.43% Cu, 0.01% Mo, 1.48 g/t Ag, and 0.09 g/t Au) from 124.0 meters downhole in TH25-145) within the Thira porphyry system.
   
   
2. A series of exploration drill holes designed to test for porphyry-related copper-molybdenum mineralization at two recently defined high-priority targets (Copper Pond and Camp Lake) situated along trend from the Thira discovery (see January 14^th, 2026 news release, Figure 2).

Figure 1. Map of the Poplar Project showing the location of the Thira target area and previously acquired MobileMT data¹. The area circled around the apparent conductivity-high anomaly marks the footprint of the Thira alteration corridor which is the focus of the upcoming 8,000 meter drill program.

Figure 2. Map showing chargeability results (100 meter depth plan) from the new 3D inverted chargeability model with data compiled from 2024 and 2025 DCIP surveys across the Thira alteration corridor (see January 14^th, 2026 news release). Priority drill targets to be evaluated include Thira, Camp Lake and Copper Pond. Locations of the key target areas are shown as well as locations of historical shallow drill holes. Results from holes TH25-138 and TH25-145 were previously released (see July 22, 2025 and October 20, 2025 news releases). See references below for sources of historical data^2,3.

Poplar Project

The 44,200-hectare Poplar project in central BC covers Mesozoic aged arc-related volcanic, sedimentary and intrusive rocks considered prospective for porphyry-related copper and gold mineralization. In addition to the Thira target, the project also hosts the Poplar deposit, a near-surface porphyry-related copper and gold system. The Thira target is approximately 10 km south of the Poplar deposit. Vizsla Copper has the option to earn a 100% interest in the property through a series of expenditure commitments and annual cash payments until 2027.

About Vizsla Copper

Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada. The Company's portfolio provides exposure to both advanced polymetallic VMS systems and large-scale porphyry copper-gold opportunities. It is primarily focused on its Palmer VMS project in Southeast 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 a spin-out of Vizsla Silver and is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and funding opportunities in the resource sector. Additional information about the Company is available on SEDAR+ (www.sedarplus.ca) and the Company's website (www.vizslacopper.com).

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 Christopher Leslie, Ph.D., P.Geo., Technical Advisor for Vizsla Copper. Dr. Leslie is a Qualified Person as defined under the terms of National Instrument 43-101.

Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The historical technical information has not been verified by Vizsla Copper and may in some instances be unverifiable.

References

1. Henneberry, T.R. (2024), Data acquisition and processing report, Helicopter Borne MobileMT Electromagnetic and Magnetic Survey, Assessment Report Indexing System, Report 41614, https://apps.nrs.gov.bc.ca/pub/aris
   
   
2. Wagner, D. (1995), Soil sampling and percussion drilling on the Thira Property, Omineca Mining District, BC, Assessment Report Indexing System, Report 24109, https://apps.nrs.gov.bc.ca/pub/aris
   
   
3. Wagner, D. (1996), Assessment report, Diamond drilling on the Thira Property, Omineca Mining District, BC, Assessment Report Indexing System, Report 24392, https://apps.nrs.gov.bc.ca/pub/aris

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS

The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking statements in this news release include, among others, statements relating to the Company's exploration plans.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

SOURCE Vizsla Copper Corp.