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Viscount Geologists Unearth Historic Reports Indicating Potential for Additional Silver Find
(via Thenewswire.ca) VANCOUVER, BC - VISCOUNT MINING CORP. ("Viscount" or the "Company"), ...
About this update from Viscount Mining Corp.
[{"type":"text","content":"Viscount Geologists Unearth Historic Reports Indicating Potential for Additional Silver Find(via Thenewswire.ca)\n \n \nVANCOUVER, BC - VISCOUNT MINING CORP. (\"Viscount\" or the \"Company\"), is pleased to announce that the Company's geologists have discovered what may prove to be highly significant information regarding new mineral targets within a historically prolific silver mine at its Cherry Creek, Nevada property.\n\n \n \nThe Ticup (also known as 'Tecup' or 'Teacup') Mine was operated in the 1890's, and again from 1905 to 1912 as a highly productive silver mine. In 1940, tungsten was discovered on the property, and the U.S. Bureau of Mines undertook considerable infrastructural development including rehabilitating much of the original mine workings as part of the war effort. \n\n \n \nLast month, while collating historic Nevada Bureau of Mines data, Viscount geologists discovered an overlooked and neglected report with accompanying maps of the original underground workings of the Ticup Mine. These reports and maps were prepared by James Smith in 1881 and identified the underlying silver vein as having an East-West fault that displaced the vein to the south. This displacement was previously unknown to Viscount, and prompted considerable additional research activity. \n\n \n \nSubsequently, the geologists uncovered a 1985 drilling report written by Michael Tognoni that described a 1964 drill program undertaken by Atlas Minerals which discovered minable widths and grades of silver south of the cross cutting fault. The geologists believe this information is important to Viscount as the reported ore grade mineralization appears to have never before been mined. The significance of this data is driven by the fact that the northern part of the vein historically produced millions of ounces of silver. Should the displaced southern segment of the vein prove to be a continuance of the historically prolific northern deposit, it could represent a significant in-situ mineral find. \n\n \n \nLocated on the same lithologic horizon as the Ticup Mine, the Mother Lode vein is about 2 miles to the north. It is commonly believed that the Ticup is a continuation of the Mother Lode deposit. They are both located on a bedding plane fault between the same lithologic units. The silver ores occur as lenticular bodies that conform with bedding, abou...