Slide 1: Geology Breakdown: Panuco's Epithermal Precious Metals System
Geology Breakdown: Panuco’s Epithermal Precious Metals System NYSE:VZLA TSXV:VZLA Exploration Webinar Aug 22nd, 2024
Slide 2: Forward Looking Statement
Forward Looking Statement 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 always identified by such wor
Slide 3: Exploration is in Our DNA
Exploration is in Our DNA Jesus Velador Ph.D., Michael Konnert, VP Exploration Founder & CEO 25+ years experience in Mexico Founder & Managing Partner of mining. Doctorate in epithermal Inventa Capital , raising over $800M deposits. Former Geologist for since 2017. Founder of Vizsla Silver. Fortuna
Slide 4: Panuco Silver-Gold Project
Panuco Silver-Gold Project Existing Infrastructure • Past producing district that benefits from access to HV power, water, roads, and proximal to Mazatlán • To date, Vizsla has completed over 368,000 metres of diamond drilling without constructing a single road Fully Funded Through to Feasibility H2
Slide 5: Targeting Mineral Resource Update In Q4 2024
Targeting Mineral Resource Update In Q4 2024 ~303,000 $0.32/Oz January 2024 Mineral Resource Metres Drilled Discovery Cost Resource Tonnes (Mt) AgEq(1) (g/t) AgEq (Moz) 822 $106M Indicated 9.5 511 156 Holes Drilled Total Exploration Expenditures Inferred 12.2 433 170 60,000m Drilling • 10 epithermal
Slide 6: Industry Leading Mine Economics
Industry Leading Mine Economics Significant Cash Flow Allows For Rapid Payback Post-Tax Economics Post-Tax FCF Pre-Tax FCF NPV(5%) $1,137M US$350M IRR 86% US$250M Payback 9 Months NPV/Capex 5.1x US$150M Sensitivities to Silver & Gold -10% Base Case +10% Spot Prices Upside US$50M Ag 24 26 29 31 40 (U
Slide 7: Mexico Hosts The Largest Silver Assets In The World
Mexico Hosts The Largest Silver Assets In The World Panuco has the chance to become the 9th 1Boz(1) district in Mexico Arc related Hydrothermal Deposits Other Major Silver Deposits Cordilleran Belts 1. Source1: After Graybeal & Vikre, 2011, S& P Capital IQ. This slide contains information about adja
Slide 8: New 40Ar/39Ar Ages in Regional Context
New 40Ar/39Ar Ages in Regional Context San Dimas 49 – 45 Ma Piaxtla batholith 75.5 – 48 Ma andesites 37.83 – 41.01 Adularia (Ar/Ar) La Guayanera Dome Looking south at the rhyolite flow dome in the handing-wall of the El Muerto deposit NEW PANUCO Ar/Ar AGES 71.69 – 85.93 Ma Granodiorite- batholith Pa
Slide 9: Regional Geologic Framework
Regional Geologic Framework Effects from subduction along Effects of North & South America Panuco Demonstrates D5 Block Tilting the pacific coast Separation and Caribbean Plate Movement SSW D1 Early Laramide D2 Late Laramide D3 Early Post Compression Compression Laramide Extension ~80-60Ma ~60-40Ma
Slide 10: Evidence of D5 Block Tilting at Napoleon
Evidence of D5 Block Tilting at Napoleon • High base metals with low silver crop out on surface in the north at the Papayo zone • High silver and gold concentrations occur 200 metres below surface at the Ojo de Agua zone 10
Slide 11: Panuco Characterized by Uplifted & Down-dropped Fault Blocks
Panuco Characterized by Uplifted & Down-dropped Fault Blocks The project is centered on a 9x3 km diorite pluton that intrudes granite and volcanic rocks of the Tarahumara Formation. The veins, hydrothermal breccias, and stockworks are hosted by diorite, granite and andesite units of the Tarahumara f
Slide 12: 98% of Global Resources Hosted in Down-dropped West Block
98% of Global Resources Hosted in Down-dropped West Block 800 m 600 m 400 m Tajitos HW4 200 m La Luisa Molino Copala UP Cruz Crstiano 0m Napoleon DOWN -200 m 403000 E 403500 E 404000 E 404500 E 405000 E • Rhyolite tuffs pre-date mineralization and therefore, prospecting should not be restricted to t
Slide 13: Panuco is a Low-to-Intermediate Sulfidation Epithermal System
Panuco is a Low-to-Intermediate Sulfidation Epithermal System Fluid boiling is the primary process for silver and gold deposition • Silver and gold are found as acanthite and electrum in bands or scattered within quartz-carbonate veins, hydrothermal breccias and stockworks • Presence of adularia and
Slide 14: Expanding Project 1
Expanding Project 1
Slide 15: Work Completed Since September 2023
Work Completed Since September 2023 Completed ~65,000 metres of drilling since the last MRE cut-off date (Sept 2023) 30,500m Drilled YTD • Infill drilling at Copala and Napoleon • Resource Expansion at La Luisa • Exploration at La Luisa and Molino Infill Drilling for Measured MR • Completed 10,000 m
Slide 16: Growth Potential at Copala
Growth Potential at Copala 16
Slide 17: Ongoing De-risking and Expansion at Copala
Ongoing De-risking and Expansion at Copala COPALA ADIT • Completed 10,000 metre infill program focused on high-grade zones within the first two years of production • Ongoing 4,750 metre infill and expansion program outside MSO 17
Slide 18: Resource Expansion Potential at Napoleon Main
Resource Expansion Potential at Napoleon Main
Slide 19: Significant Intercepts at Napoleon HW4
Significant Intercepts at Napoleon HW4 NP-24-435 NAP-2023-004 1.40 m @ 2,156 g/t AgEq 0.40 m @ 1,503 g/t AgEq NAP-23-002 400 m 0.91 m @ 549 g/t AgEq NP-24-432 1.85 m @ 265 g/t AgEq NP-24-429 300 m 1.30 m @ 4,533 g/t AgEq NP-23-396 MR January 2024 0.85 m @ 624 g/t AgEq 200 m NP-24-439 6.40 m @ 392 g/
Slide 20: Other Opportunities at Napoleon (metal ratios and Terraspec)
Other Opportunities at Napoleon (metal ratios and Terraspec) LEGEND (Pb+Zn+Cu)% • Napoleon contains relatively high concentrations of base metals (Pb, Zn, Cu) compared to Copala • Base metals rich roots in Napoleon coincident with high silver-gold ratios support the hypothesis of 3 potential feeder
Slide 21: La Luisa Has Similar Epithermal Zonation to Napoleon
La Luisa Has Similar Epithermal Zonation to Napoleon
Slide 22: Project 1: Expansion Targets
Project 1: Expansion Targets Multiple targets for immediate resource expansion at Copala, Napoleon and La Luisa • Copala SE and Copala north • Napoleon HW4 Intersection La Luisa North Colorada-Napoleon • Feeder zones at depth in Napoleon • La Luisa SE and La Luisa North (400 m gap) 4 de Mayo Esmera
Slide 23: Project 2
Project 2
Slide 24: Project 2: Hunting For New Mineralized Centres
Project 2: Hunting For New Mineralized Centres Overwhelming evidence suggest the potential for multiple mineralized centers at Panuco To date, less than 30% of the known vein targets at Panuco have been drill tested(1) Evidences for multiple hydrothermal pulses and multiple mineralized centers inclu
Slide 25: Mapping & Exploration Update
Mapping & Exploration Update Exploration Tool Kit & Approach • 67% of Panuco has been mapped at 1:100 scale • Geologic mapping supported by LiDar • Alteration mapping and modeling (Terraspec) • Multi-spectral World View III satellite image to aid alteration and structural mapping. 53k ha covering Pa
Slide 26: Hydrothermal Alteration Mapping
Hydrothermal Alteration Mapping Terraspec Analysis 402500 Temperature, Co Mineral 100 200 300 Alunite Jarosite Halloysite Kaolinite Acidic Dickite Pyrophyllite Diaspore Zunite topaz Anatase Rutile Cristobalite Quartz Pyrite Neutral Marcasite Smectite Illite/Smectite Chlorite/smectite Illiite Chlorit
Slide 27: World View III Satellite Image
World View III Satellite Image Advanced Argillic Alteration • Warm colors (mostly yellow to red) indicate high probability of kaolinite to occur • Preliminary results from our Terraspec studies on core samples from Napoleon vein, show WX (well crystalized) kaolinite associated with high-grade shoots
Slide 28: AI Targeting With VRIFY – Another Tool in the Belt
AI Targeting With VRIFY – Another Tool in the Belt San Fernando -Nacaral Prospectivity Ranking AI Targeting VRIFY AI uses machine learning to Galeana analyze survey data, drill results & samplings to identify trends and indicator minerals, supporting target generation and reducing exploration cost A
Slide 29: Project 2: Five Key Targets In The East
Project 2: Five Key Targets In The East Jesusita – Palos Verdes Locating a new epicenter of mineralization would propel Vizsla Silver as the world-leading silver explorer-developer, demonstrating tremendous re-rate potential Galeana San Fernando - Nacaral • Camelia – San Dimas (~3,000 metres) • Fla
Slide 30: Blue Sky Potential: A Portfolio of Future Exploration Potential
Blue Sky Potential: A Portfolio of Future Exploration Potential 3800000 4000000 4200000 La Garra 2680000 • ~17,000ha past-producing district situated along trend with Panuco and First Majestic’s San Dimas 2660000 • First time ever in the hands of a public company (with no previous drilling) 2640000
Slide 31: La Garra
La Garra Historic Mining Silver Geochemistry • Ag-Au mineralization occurs in NNW trending epithermal veins like Panuco • Veins are hosted primarily by andesite and rhyolite volcanics • A strike length of +2.6 km was confirmed for the Metates vein • The Cero Verde – Las Playas vein system (2km long)
Slide 32: San Enrique
San Enrique San Enrique has seen little-to-no exploration, and with known mineralization at Copala & Napoleon trending directly onto San Enriqe, the property is an exciting asset in Vizsla’s long-term exploration portfolio • ~10,600 Ha land package • Previous LiDar survey done for the whole area and
Slide 33: Exploration Summary
Exploration Summary Ongoing Work Prioritizing Targets H2 24 Exploration Program MRE Update Mapping & Analysis Proximal Targets 65k metres drilled since MRE cut-off Commencing multispectral VTEM, 5k metres aimed at increasing ounces date, targeting ~200M Oz AgEq of MAG, and Radiometric surveys late w
Slide 34: Questions
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Slide 35: Dual Track Strategic Plan
Dual Track Strategic Plan The underexplored East region of Panuco hosts several centres of dense veins like Napoleon-Copala, demonstrating the potential to uncover new epicenters of mineralization to support a standalone processing facility Developing & Expanding Project 1 Hunting For Project 2 Expa
Slide 36: Information Concerning Estimates of Mineral Resources
INFORMATION CONCERNING ESTIMATES OF MINERAL RESOURCES The scientific and technical information in this presentation was prepared in accordance with NI 43-101 which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the “SEC”). The terms "measured mineral reso
Slide 37: Disclaimer
DISCLAIMER General This corporate presentation is intended to provide an overview of the business of Vizsla Silver Corp. (the “Company”, “Vizsla” or “Vizsla Silver”). It has been prepared for informational purposes only and does not purport to be complete. The information in this presentation is not
Slide 38: NYSE:VZLA TSXV:VZLA Aug 2024
595 Burrard Street Suite 1723, Vancouver, BC Canada V7X 1J1 +1 604 364 2215 info@vizslasilver.ca NYSE:VZLA TSXV:VZLA Aug 2024