Vizsla Copper Corp. Announces Strategic Staking of the Miller Copper‑Gold Project

Vizsla Copper Corp. (TSXV: VCU; OTCQB: VCUFF; FRANKFURT: 97E1) announced on 23 September 2026 that it has acquired, through staking, the Miller copper‑gold porphyry project in central British Columbia. The 25,274‑hectare project lies directly adjacent to Centerra Gold’s operating Mount Milligan mine, positioning Vizsla’s new asset in a region rich in proven infrastructure and mining experience.

Key Highlights

  • Cost‑Effective Acquisition The Miller project was secured via a staking arrangement, resulting in a 100 % ownership stake that is free of royalties and other encumbrances. The transaction is fully funded for the 2026 fiscal year, underscoring Vizsla’s disciplined capital allocation.

  • Strategic Location The project’s proximity to the Mount Milligan mine affords immediate logistical advantages, including access to established road networks and proximity to existing processing facilities. This strategic placement mitigates development risk and accelerates potential go‑to‑mine timelines.

  • Robust Exploration Pipeline The Miller project aligns seamlessly with Vizsla’s broader pipeline of exploration assets in British Columbia and Alaska. The company plans to conduct a comprehensive airborne mobile magnetotelluric (MobileMT) survey across the entire property in the coming weeks, aimed at delineating alteration zones around known targets and uncovering new prospective zones.

Forward‑Looking Assessment

  • Exploration Focus Vizsla remains laser‑focused on advancing its core assets in Alaska and British Columbia. The addition of Miller strengthens the company’s exploration strategy by adding a high‑grade, cost‑effective copper‑gold target that can be rapidly integrated into existing development plans.

  • Capital Efficiency By acquiring the project through staking, Vizsla has avoided the capital outlay typically associated with outright purchases. This approach preserves liquidity, enabling the company to allocate resources toward high‑priority projects and potential acquisition opportunities that align with its strategic objectives.

  • Potential for Near‑Term Production While the Miller project is presently at the exploration stage, its proximity to an operating mine and the anticipated data from the MobileMT survey suggest a clear pathway to a feasibility study and, eventually, a production plan. The company’s management has expressed confidence that the data acquisition will clarify the project’s scale and resource potential within the next 12–18 months.

Market Context

As of 23 September 2026, Vizsla Copper’s share price closed at CAD 1.28, trading below its 52‑week low of CAD 0.94 and well under the 52‑week high of CAD 2.68. The company’s market capitalization stands at approximately CAD 116.3 million, and its price‑earnings ratio is negative, reflecting its current exploration‑focused operational stage.

Conclusion

The staking of the Miller copper‑gold project represents a strategically sound addition to Vizsla Copper Corp.’s portfolio, offering a cost‑effective, royalty‑free asset positioned near an established mine. By leveraging advanced geophysical surveying techniques and maintaining a disciplined capital allocation strategy, Vizsla is poised to accelerate its exploration agenda and potentially unlock new production opportunities within its British Columbia and Alaskan assets.