Viscount Mining Corp. Announces Changes to its Board of Directors
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PRESS RELEASE May 16, 2019
Viscount Mining Corp. Announces Changes to its Board of Directors
VANCOUVER, Canada –- Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or
“the Company” ) Viscount Mining Corp. announces Mr. Kaare Foy is stepping down as a director and
Chairman of the Board for health reasons, effective May 16, 2019. Mr. Foy will remain with the Company as
a member of the advisory board. Viscount would like to thank Mr. Foy for his valued leadership and guidance
as Chairman. Viscount also wishes to announce Dr. Grant Devine, a Viscount Director will become interim
Chairman.
Dr. Devine has had a distinguished career in academics, business and was a member of the Provincial
Parliament of Saskatchewan and served as Premier of Saskatchewan from May 1982 to November 1991. While
Premier he presided over the privatization of Potash Corp. which became the world's largest producer of potash
and the third largest producer of nitrogen and phosphate, and Cameco which is the world's largest publicly
traded uranium company. Dr. Devine also served on the Board of Agrium for ten years.
The Board of Viscount will be working on a suitable replacement to fulfill the role of Chairman.
About Viscount Mining (TSX VENTURE: VML) (OTCQB: VLMGF)
Viscount Mining is a project generator and an exploration company with a portfolio of silver and gold
properties in the Western United States, including Silver Cliff in Colorado and Cherry Creek in Nevada.
The Silver Cliff property in Colorado lies within the historic Hardscrabble Silver District in the Wet Mountain
Valley, Custer County, south-central Colorado. It is located 44 miles WSW of Pueblo, Colorado, and has year-
around access by paved road. The property consists of 2,319.48 hectares where high grade silver, gold and
base metal production came from numerous mines during the period 1878 to the early 1900’s. The property
underwent substantial exploration between 1967 and 1984.
The property is interpreted to encompass a portion of a large caldera and highly altered sequence of tertiary
rhyolitic flows and fragmental units which offers potential to host deposits with both precious and base metals.
This has been demonstrated in the mineralization historically extracted from the numerous underground and
surface mining operations. Drilling in the 1980s by Tenneco resulted in a historical pre-feasibility study on
which basis it was planned to bring the property to production. The plan was abandoned following a takeover
by another company.
The Cherry Creek exploration property is in an area commonly known as the Cherry Creek Mining District,
located approximately 50 miles north of the town of Ely, White Pine County, Nevada. Cherry Creek consists
of 293 unpatented and patented claims as well as mill rights and is comprised of more than 2,442 hectares.
Cherry Creek includes more than 20 past producing mines.
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For additional information regarding the above noted property and other corporate information, please
visit the Company's website at www.viscountmining.com
ON BEHALF OF THE BOARD OF DIRECTORS
“Jim MacKenzie”
President, CEO and Director
For further information, please contact:
Viscount Investor Relations
Phone: 1 844 863 3622
Email: [email protected]
Neither 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
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are
statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements
are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ
materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of
Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes
no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors,
should change.
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