“Despite a number of seasonal setbacks out of the Company’s control, we have successfully advanced our reconnaissance drill program, completing 5,500 m to date of the proposed 14,000 m program. We have delineated new epithermal systems in an extensive area outside of the previously announced mineral resources.”

“These results demonstrate excellent potential for the definition and development of high-grade resources at Columba. The D Vein now represents another area with multiple high-grade intercepts which increases the probability that Columba hosts a viable high grade silver resource.”

Vizsla President and CEO Michael Konnert commented: “Bold step-outs continue to deliver at Napoleon with a 200-metre increase to the south and a 500-metre panel of mineralization developing to the north at the Papayo Zone. At Tajitos, step-out drilling to the northeast continues to return consistent wide vein intersections suggesting the area could contain a much larger resource than previously considered.”

Peter J. Hawley, CEO and President, remarks, “We are pleased to announce additional drill assay results for surface diamond drill hole SM20-37 which is drilled at depth under drill fence SM20-28, SM20-29 and SM20-30. SM20-37 continued to intercept the previously encountered dike and related breccia, and clearly demonstrates gold, silver and base metal enrichment, such as lead, zinc and copper, along with grade and amounts of sulphides, each of which are increasing with depth.”