Viscount Mining Reports Reconfirming Geophysical and Geochemical Results at Silver Cliff
Viscount Mining Reports Reconfirming Geophysical
and Geochemical Results at Silver Cliff
Vancouver, British Columbia - (May 18 2021) - Viscount Mining Corp. (TSX-V: VML) (OTCQB:
VLMGF) ("Viscount Mining") is pleased to announce it has completed the analysis of the recent
geophysical and geochemical study at its Silver Cliff property in Colorado.
In early March, Viscount began the 2021 field season with joint geophysical and geochemical
surveys. The surveys, conducted on the Kate extension of Viscount’s Silver Cliff project, span an
area that is oriented to the North-East and covers about 13 hectares. These surveys were done to
examine the relationship between surface geochemistry and sub-surficial magnetics, and to
investigate their usefulness in directing future drill programs.
The soil samples were gridded on 15-meter centers and lines were set 100 meters apart. Four lines
were collected, each line containing 25 samples, for a total of 100 soil samples. A Geometrics G-858
MagMapper was used to collect continuous magnetometer readings over the same area. The soil
samples were analyzed by SGS using a mobile metals isotopes (MMI) analytical procedure. This
technique is especially well suited for buried strata bound deposits that exist at Silver Cliff. There are
very few ore outcrops to guide the drilling at Silver Cliff. MMI measures the mobile metal ions that
have been released from the mineralization and travels upwards towards the surface, then bond with
unconsolidated materials such as sand, soil and dirt at the soil/ air interface. This helps to define
locations of buried ore horizons. The MMI procedure was used by Snowden Consultants successfully
as the method for soil sample analysis in their 2012 NI 43-101 document on Viscount’s Cherry Creek
property in Nevada. The figures below indicate the results of these geophysical and geochemical
surveys.
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Soil/ Magnetometer Locations
The color shaded areas on the map are the magnetometer responses in the survey area. The blue
shades are magnetic low responses, the green and yellow represents intermediate responses, while
the red shaded area are high responses.
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Soil: Silver (ppb)
Significant Positive Correlations
Soil: Zinc (ppb)
Soil: Lead (ppb)
Correlation: 66.0% Correlation: 30.1%
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Higher concentrations of silver seem to appear at the surface above areas of lower magnetism. The
concentration of silver in the soil correlates positively with zinc and lead, which is very similar to
what we found in the analysis of the core from the 2020 drill program. This could be important
pathfinder set of elements to guide drilling in the future. Five surface rock samples were collected in
the survey area and the silver concentrations ranged from 31.1 to 280 g/t. Viscount drilled one hole
in the survey area during the 2020 campaign. It is located in between the magnetic low and high
fields and assayed 51.9 g/t over 19.4 meters.
Mark Abrams, Vice-President of Exploration stated “the soil sampling shows further evidence of the
presence of the North-East trending zone that was noticed after the 2020 drill program. Three core
holes from the 2021 spring drilling campaign, completed in April, are located within the area of
geophysical analysis. Drill hole 21-04 was drilled in a magnetic low region, and the drill holes 21-05
and 21-06 were drilled in a magnetic high region. This should aid in further understanding the
relationship between surficial and sub-surficial geochemistry of the Kate area. These results should
help determine if either the MMI procedure or collection of magnetometer readings could be a vital
resource for the guiding of future drill programs.”
Viscount anticipates starting Phase III of this drill program in the summer 2021. The program will be
focusing on the discoveries of Phase 2 and concentrated on expanding the Kate Silver Resource to
the North. Based on the results of the 20/21 drill program, Viscount will be commissioning an update
to its current 43-101 resource.
Qualified Persons
The scientific and technical information contained in this news release has been reviewed and approved
by Harald Hoegberg PG, an independent consulting geologist who is a "Qualified Person" (QP) as
such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects
("NI 43-101").
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 Ha rdscrabble 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.
An internal report from CoCa Mines in 1983, estimated a potential resource of 40 million short tons at
the Passiflora, based on 14 drill holes (not NI 43 -101 compliant), with the best intercept reporting to
be 256 g/t silver and 1.4 g/t gold.
Tenneco Minerals leased the Kate property in 1987. They had the previous drill data available to them,
which was the results from 11,930 meters in 249 drill holes that had been done since 1968. The
following two years Tenneco drilled an additional 143 holes totaling 7,949 meters. Based on the
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accumulated data and a feasibility study, Tenneco Minerals m ade the decision to construct a
$35,000,000 milling operation for the extraction of the silver reserves at Silver Cliff. Shortly thereafter
Tenneco decided to sell the minerals division, and the planned milling operation was abandoned.
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. In January 2021,
Viscount entered into an exploration earn - in agreement with a wholly owned subsidiary of Centerra
Gold Inc. Centerra is a Canadian -based gold mining company focused on operating, developing,
exploring and acquiring gold properties in North America, Asia and other markets worldwide and is
one of the largest Western-based gold producers in Central Asia.
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
Email: [email protected]
FORWARD-LOOKING STATEMENTS
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operations, exploration and development plans, expansion plans, estimates, expectati ons, forecasts, objectives, predictions and
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actual results, level of activity, performance or achievements of Viscount Mining to be materially different from those expre ssed or
implied by such forward-looking statements, including but not limited to: risks related to the exploration and development and operation
of Viscount Mining’s projects, the actual results of current exploration, development activities, conclusions of economic evaluations,
changes in project parameters as plans continue to be refined, future precious metals prices, as well as those factors discussed in the
sections relating to risk factors of our business filed in Viscount Mining ’s required securities filings on SEDAR. Although Viscount
Mining has attempted to identify important factors that could cause results to differ materially from those contained in forward-looking
statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed
or intended.
There can be no assurance that any forward-looking statements will prove accurate, as actual results and future events could differ
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except in accordance with applicable securities laws.
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