Expanded Claim Block On The Cherry Creek Project

VANCOUVER - Viscount Mining Corp. has expanded the claim block on their 100% controlled Cherry Creek Project in eastern White Pine County, Nevada. The company staked 24 unpatented lode claims in the southeast part of the project, adjacent to an area of prolific historic gold and silver mining. Precious metal mineralization in the area commonly occurs in quartz veins with several distinct orientations hosted by quartzite and interbedded phyllite. Review and reinterpretation of existing surface geochemical data identified three untested gold and silver exploration targets, including: New Century Mine East, Rattlesnake Canyon and Nitown.

The New Century Mine is a historic gold and silver producer on the east end of an east-west trending mineralized vein that includes the past-producing Exchequer Mine. Gold and silver ore in the New Century occurred in near-vertical quartz veins and breccia zones in a quartzite host rock. The East New Century Mine target occurs along a projected eastern extension of the New Century vein. The extension is defined by an east-striking quartz vein, with local large resistant outcrops of jasperoid and silicified quartz breccia that occur at intersections between the veins and north-striking high-angle faults. A sample of a brecciated quartz vein outcrop along the eastern extension contained a gold concentration of 1.69 g/t and 320 g/t Ag. Another sample taken approximately 600 meters to the east of the previous sample, contained 16.95 g/t Au and 1925 g/t Ag. This indicates that the extension could have a strike length on the order of 800 meters. Jasperoid breccia outcrops contained elevated gold (0.034 g/t) and silver concentrations (2.65 g/t), although we're not extensively sampled.

Further east of the New Century Mine, samples from the dumps of two small prospects in the Rattlesnake Canyon area contained gold concentrations of 76 g/t and 7.5 g/t. The samples came from quartz veins that possibly strike to the north in quartzite. The 76 g/t sample represents the highest gold value in a rock-chip sample on the Cherry Creek project. Beyond local rock-chip sampling, little exploration or evaluation work has been done in this area.

The Nitown target occurs along a ridge with scattered workings and mining disturbance several hundred meters southeast of the Star Mine, the largest historic gold and silver mine on the property. The exploration target is defined by gold concentrations in soil samples. The gold in soils anomaly includes four soil samples of greater than 100 ppb Au, two of which are greater than 700 ppb Au. The samples occur in an elongated southeast trend that is approximately 800 meters long. Rock-chip sampling, additional geologic mapping, and possible trenching are warranted to evaluate this target.