Phase 2 Drill Program At The Silver Cliff Project

 

VANCOUVER, BC - Viscount Mining Corp. reported that its Phase 2 twin drilling program will start shortly at Silver Cliff, Colorado. Results will assess upside potential and contribute to the verification of historical resources at the nearly flat-lying Kate Silver Deposit which at less than 70 feet depth, and up to 88 feet apparent true thickness, would have open pit mining potential.

Viscount has contracted Arseneau Consulting Services (ACS) to provide overall supervision of the drill program. Dr. Gilles Arseneau, a professional geologist, has chosen 10 of the Kate Silver Deposit historical drill holes to be twinned. They will be drilled to an average depth of about 328 feet versus an average of 197 feet for historic drilling at Kate.

Historical records show that deeper rhyolite tuff layers have elevated silver concentrations. In particular, a number of the few historic holes deeper than 197 feet either ended in or passed through mineralized tuff and Emmons reported "films or stains of metallic sulphides, said to assay high in silver… lining delicate cracks in the tuff" units intercepted when sinking the 2,640-foot Geyser mine shaft approximately 2625 feet (800 meters) southeast of Viscount's 2016 drill holes.

ACS therefore has chosen to test the potential continuity and grade of deeper mineralized tuff with 5 of the 10 planned holes probing to depths of more than 328 feet (100 meters). One or more of the holes also will test prominent cross-cutting faults for high grade silver, either in altered adjacent volcanics or in veins within the fault zones. If the deep drilling locates other horizons with potentially economic concentrations of silver, it will have significant bearing on the next phase of work.

In summary, Viscount will continue the process commenced with Phase 1 in 2016 for twinning past drill holes to determine intercept details that have not been available for preparing a valid update of the historical silver resource and will test the potential for multiple mineralized zones that would increase the volume of material accessible by open pit mining. Dr. Howard Lahti, VP Exploration, stated "I am extremely optimistic that this 2nd phase of drilling will not only advance confidence in the historical silver mineralization reported for the Kate Deposit, but also will demonstrate that there is considerable resource potential at depth."