VIZSLA COPPER COMPLETES ACQUISITION OF COPPERVIEW PROJECT

VIZSLA COPPER COMPLETES ACQUISITION OF COPPERVIEW PROJECT

Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) ( FRANKFURT : 97E0) (" Vizsla Copper " or the " Company ") is pleased to announce that, further to its news release dated June 20, 2023 it has completed the acquisition (the " Acquisition ") of a 100% interest in the 37,466 hectare Copperview project (the " Copperview Project ") in the Aspen Grove area of south-central British Columbia .

Acquisition Details

The Copperview Project consists of 37,466 hectares in 40 claims and is being acquired from Mr. Donald Rippon of Mineworks Ventures Inc. (the " Vendor ") pursuant to a purchase agreement dated June 19, 2023 , as amended on July 7, 2023 (the " Copperview Purchase Agreement ").

Pursuant to the terms of the Copperview Purchase Agreement, the Company issued 600,000 common shares of the Company (the " Consideration Shares ") to the Vendor. The Consideration Shares are subject to a voluntary one-year release schedule such that one-third of the Consideration Shares are to be released every four months after completion of the Acquisition. The Company also paid the Vendor $5,000 and granted the Vendor: (i) a 2% net smelter return royalty over 37 of the 40 claims comprising the Copperview Project (the " 2% NSR ") and (ii) a 1% net smelter return royalty over 3 of the 40 claims comprising the Copperview Project (the " 1% NSR " and together with the 2% NSR, the " NSR "). One half of the NSR may be bought back from the Vendor for $3 million in cash (being 1% of the 2% NSR and 0.5% of the 1% NSR).

Additional details regarding the Acquisition and the Copperview Project are set out in the Company's news release dated June 20, 2023 .

Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada . The Company is primarily focused on its flagship Woodjam project, located within the prolific Quesnel Terrane, 55 kilometers east of the community of Williams Lake, British Columbia . It has four additional copper exploration properties: Copperview, Redgold, Blueberry and Carruthers Pass , all well situated amongst significant infrastructure in British Columbia . The Company's growth strategy is focused on the exploration and development of its copper 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 jurisdiction of British Columbia, Canada and is committed to socially responsible exploration and development, working safely, ethically and with integrity.

Vizsla Copper is a spin-out of Vizsla Silver (TSX.V: VZLA) (NYSE: VZLA) 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.sedar.com ) and the Company's website ( www.vizslacopper.com ).

Qualified Person

The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by Ian Borg , P.Geo., Senior Geologist for Vizsla Copper. Mr. Borg is a Qualified Person as defined under the terms of National Instrument 43-101.

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 exploration and development of the Company's projects; and the Company's growth and business strategies.

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.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/July2023/18/c2797.html

News Provided by Canada Newswire via QuoteMedia

VCU:CA
The Conversation (0)
Vizsla Copper (TSXV:VCU)

Vizsla Copper

Exploring District-scale Copper Opportunities in British Columbia

Exploring District-scale Copper Opportunities in British Columbia Keep Reading...
VIZSLA COPPER ANNOUNCES CLOSING OF BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF C$5.46 MILLION

VIZSLA COPPER ANNOUNCES CLOSING OF BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF C$5.46 MILLION

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (" Vizsla Copper " or the " Company ") is pleased to announce the closing of its previously announced marketed best efforts brokered private placement (the... Keep Reading...
VIZSLA COPPER ANNOUNCES UPSIZED BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO C$4.5 MILLION

VIZSLA COPPER ANNOUNCES UPSIZED BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO C$4.5 MILLION

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (" Vizsla Copper " or the " Company ") is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds... Keep Reading...
VIZSLA COPPER ANNOUNCES UPSIZED BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO C$3.8 MILLION

VIZSLA COPPER ANNOUNCES UPSIZED BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO C$3.8 MILLION

/Not for distribution to U.S. news wire services or for dissemination in the United States / Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (" Vizsla Copper " or the " Company ") is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds... Keep Reading...
VIZSLA COPPER ANNOUNCES BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO C$3.0 MILLION

VIZSLA COPPER ANNOUNCES BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO C$3.0 MILLION

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (" Vizsla Copper " or the " Company ") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the " Lead Agent ") to... Keep Reading...
VIZSLA COPPER PROVIDES CORPORATE UPDATE AND POPLAR COPPER-GOLD PROJECT STRATEGY UPDATE

VIZSLA COPPER PROVIDES CORPORATE UPDATE AND POPLAR COPPER-GOLD PROJECT STRATEGY UPDATE

Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (" Vizsla Copper " or the " Company ") is pleased to announce the appointment of Craig Parry Executive Chairman, to the role of Chief Executive Officer (" CEO "), and further information on the newly acquired Poplar Project ( "Poplar" or the... Keep Reading...
Prismo Metals Closes Acquisition of Increased Interest in Hot Breccia

Prismo Metals Closes Acquisition of Increased Interest in Hot Breccia

(TheNewswire) Prismo's Interest Currently Stands at 95% With Option for Full Control Vancouver, British Columbia, January 16th, 2025 TheNewswire - Prismo Metals Inc. ("Prismo" or the "Company") (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that it has completed its previously... Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Cyprium Metals Limited (ASX: CYM / OTCQB: CYPMF) (Cyprium or the Company), a copper developer focused on the phased restart of the Nifty Copper Complex in the Paterson region of Western Australia (Nifty), is pleased to report its quarterly activities for the period ended 31 December 2025... Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Mount Hope Mining Limited (ASX: MHM) (“Mount Hope” or the “Company”) is pleased to provide an update on its activities from the December 2025 quarter.Highlights: Phase 1 drill program completed & Phase 2 commenced at Mt SolitaryPhase 2 program underway, up to ~2,650m of RC drilling.Phase 1... Keep Reading...
African Discovery Group Announces Shareholder Approval of Butembo Merger Agreement

African Discovery Group Announces Shareholder Approval of Butembo Merger Agreement

Combined Company, "Copper Intelligence" to become the first stand-alone Democratic Republic of Congo (DRC) company to be publicly traded in the United States. African Discovery Group (OTC:AFDG) ("AFDG" or the "Company") announced today that shareholders have approved the Company's pending merger... Keep Reading...
Aston Bay Identifies 17 New Base and Precious Metal Showings at the Epworth Copper-Silver Project, Nunavut, Canada

Aston Bay Identifies 17 New Base and Precious Metal Showings at the Epworth Copper-Silver Project, Nunavut, Canada

Up to 29.2% Cu with 217 g/t Ag in vein mineralization spatially associated with MobileMT nomalies Silver ("Ag" zinc ("Zn" cobalt ("Co" gold ("Au") project ("Epworth" or the "Project") located 80 kilometres ("km") southeast of Kugluktuk in Nunavut, Canada. Highlights 17 new base and precious... Keep Reading...
Osisko Intersects 748 Metres Averaging 0.27% Cu at Gaspé

Osisko Intersects 748 Metres Averaging 0.27% Cu at Gaspé

Osisko Metals Incorporated (the "Company" or "Osisko Metals") (TSX: OM,OTC:OMZNF; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. New analytical results are presented below (see Table 1),... Keep Reading...

Interactive Chart

Latest Press Releases

Related News