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Viscount and Centerra Gold Commence Plans to Drill Potential Porphyry Targets at Cherry Creek Nevada
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2024) - Viscount Mining Corp. (TSXV: VML...
About this update from Viscount Mining Corp.
[{"type":"text","content":"Viscount and Centerra Gold Commence Plans to Drill Potential Porphyry Targets at Cherry Creek NevadaVancouver, British Columbia--(Newsfile Corp. - March 14, 2024) - Viscount Mining Corp. (TSXV: VML) (OTC: VLMGF) (\"Viscount\" or \"the Company\") and our partner, a wholly owned subsidiary of Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) (\"Centerra\") are in the planning stages of an initial summer drill program at our Cherry Creek property in Nevada.The first target is an area with a large soil and rock sample molybdenum and gold geochemical anomaly. The area is underlain gold bearing jasperoid which occurs along the upper and lower contact of the Eureka Quartzite. Jasperoids are iron rich silicious bodies that form when silica floods into a susceptible host rock or contact along with hydrothermal fluids related to a potentially mineralizing event. Not all jasperoids are mineralized, but they are a good indication of mineralization nearby or at depth.The magnetic anomaly of the first target is dipping moderately to the east and may represent a magnetic dike or porphyry related to the large Eocene age pluton that underlies the entire Cherry Creek mining district. The combined magnetic and molybdenum anomalies area are suggestive of a mineralized porphyry at depth. A porphyry in this area could be the engine driving the silver plus base metal veins, CRD occurrences, and Carlin type gold mineralization in the district. The second target is to test the continuation of the mineralized Exchequer Fault zone where it extends into the southwest part of our property. The Exchequer Fault is a through-going, deep seated, northeast trending structure that likely served as a plumbing system for the main Cherry Creek district. It has several parallel subsidiary faults, and splays that widen its footprint. These features are likely the source for the gold mineralization on claims to the southwest of Cherry Creek.Approximately ten Reverse Circulation (RC) drill holes, for 2,500 meters of drilling is planned.The map below shows the relative positions of the features discussed above and the approximate location of the planned drilling. Plan View of the Two Overlapping Drill Targets and Features at Cherry CreekTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2736/201485_6347cccc046f381c_002full.jpg About V...