Vizsla Royalties — Investor Presentation (February 2025)
15 slides from Vizsla Royalties's investor presentation, February 2025
Slide 1: Best in Class Silver Royalty
Best in Class Silver Royalty Panuco Corporate Presentation Q1 2025 TSX.V: VROY 1
Slide 2: Cautionary Notes
CAUTIONARY NOTES TSX.V: VROY Forward-Looking Statements This presentation contains “forward looking statements” regarding the Company within the meaning of applicable securities legislation, including statements as to future events, results and plans. Forward-looking statements are sometimes but not
Slide 3: The Opportunity
THE OPPORTUNITY World Class Royalty on the Panuco Project Benefits of The Royalty Model PROJECT Insulation From Operating Costs The Panuco Project represents the world’s largest Royalty cashflows are independent of operating costs, resulting undeveloped high-grade silver primary resource, which in c
Slide 4: Principal Assets
PRINCIPAL ASSETS TSX.V: VROY Net Smelter Return (NSR) Royalty PANUCO SILVER-GOLD DISTRICT on Entire Panuco District 1 2% NSR on production from Rio Panuco concessions (dark green) 2 0.5% NSR on production from Silverstone concessions (light green) Buyback right to acquire additional 1.5% NSR from 3
Slide 5: The Panuco Silver-Gold Project
THE PANUCO SILVER-GOLD PROJECT TSX.V: VROY DISTRICT SCALE & 100% OWNED • Vizsla Silver’s flagship Panuco silver-gold project is a past-producing district that has never been systematically explored on a consolidated basis • Tripled land package in 2024, now over 17k ha LOCATION • Pancuo is situated
Slide 6: Panuco Achieves First Measured Resource Estimation
Panuco Achieves First Measured TSX.V: VROY Resource Estimation Updated MRE Previous MRE Variance Resource Class M&I Inferred Indicated Inferred M&I Inferred Tonnes (MT) 13.0 10.5 9.5 12.2 3.5 -1.7 Au g/t 2.49 1.96 2.41 1.93 0.08 0.03 Ag g/t 307 219 289 239 18 -20 Pb % 0.27 0.30 0.27 0.29 0.00 0.01 Z
Slide 7: Panuco PEA Based on Large, High-Grade Resource
PANUCO PEA BASED ON LARGE, HIGH-GRADE RESOURCE TSX.V: VROY Resource Tonnes (Mt) AgEq(1) (g/t) AgEq(1) (Moz) Indicated 9.5 511 156 Inferred 12.2 433 170 CONVENTIONAL MINING, CONVENTIONAL PROCESSING Long Hole (85%) 3,300 tpd Initial mill throughput, Cut & Fill (15%) ramping up to 4,000tpd in Undergrou
Slide 8: World-Class Silver-Gold Production
TSX.V: VROY WORLD-CLASS SILVER-GOLD PRODUCTION PANUCO TO BECOME A TOP-5 SILVER PRODUCER(1) WITH BOTTOM QUARTILE AISC 25Moz $25 20.2Moz Avg Annual Production Years 1-2 (AgEq) 20Moz $20 15.2Moz LOM Avg Annual Production (AgEq) 162.1Moz 15Moz $15 LOM Total Production (AgEq) AVG ANNUAL PRODUCTION UNIT O
Slide 9: Significant Exploration Upside
SIGNIFICANT EXPLORATION UPSIDE TSX.V: VROY PEA COVERS A SMALL PORTION OF THE PANUCO DISTRICT To date, less than 30% of the known vein targets at Panuco have been drill tested(1) RESOURCE EXPANSION • Copala & La Luisa remain open along strike to the north and down dip to the south • Napoleon (HW4) to
Slide 10: Dual Track Path to Create Value
DUAL TRACK PATH TO CREATE VALUE TSX.V: VROY Vizsla Silver aims to become the world’s leading silver company by implementing a dual track development approach, advancing Copala & Napoleon mine development while continuing district scale exploration through low-cost means Developing Panuco Project-1 E
Slide 11: About Vizsla Royalties
ABOUT VIZSLA ROYALTIES Vizsla Royalties Corp. is a precious metals focused royalty company. The Company’s principal asset is a Net Smelter Royalty on Vizsla Silver Corp.’s flagship Panuco Project located in Mexico MICHAEL KONNERT MICHAEL PETTINGELL GRANT TANAKA Executive Chairman CEO CFO Current Pre
Slide 12: Vizsla Royalties – Capital Structure
Vizsla Royalties – Capital Structure TSX.V: VROY Capital Structure (as of Feb 3, 2025) Retail Vizsla 27% 34% Shares Outstanding 34,935,844 Silver Options 2,726,624 Warrants 0 Fully Diluted 37,622,468 5% Institutional Insiders 34% & HNW Company Statistics (as of Feb 3, 2025) Historical Trading Price
Slide 13: Prime Acquisition Target
Prime Acquisition Target Royalty Co valuations are gathering momentum, Major candidates trade over 2x NAV, and Panuco is expected to earn a with Equity/EBITDA multiples expanding premium over assets with lower grade and longer development timelines 35x 30x Company MC (C$M) P/NAV Max Acretive Bid Max
Slide 14: Why Vizsla Royalties?
WHY VIZSLA ROYALTIES? TSX.V: VROY PROJECT The Panuco Project represents the world’s largest undeveloped high-grade silver primary resource, which following the 2024 PEA is advancing to production, targeting first silver in H2 2027 TEAM The Vizsla Royalties team consists of industry professionals wit
Slide 15: Contact
info@vizslaroyalties.com Head Office VizslaRoyalties.com +1 (604) 364-2215 1723-595 Burrard Street TSX.V: VROY Vancouver, BC Canada, V6E 3V7 15
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