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Viscount Mining Announces Large Intervals of Silver Mineralization with Phase 1 Drill Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 4, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(OTCQB:VLMGF) ("Viscount" or "the Company"), is pleased to an
About this update from Viscount Mining Corp.
[{"type":"text","content":" VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 4, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(OTCQB:VLMGF) (\"Viscount\" or \"the Company\"), is pleased to announce assay results of 12 reverse-circulation (RC) holes from the 2015 Phase 1 drilling program at its flagship Cherry Creek Nevada Property (the \"Property\"), which is currently being managed and funded by Summit Mining Exploration Inc. (\"Summit\"), a wholly-owned US subsidiary of Sumitomo Corporation, under the first year of an Exploration-Earn In Agreement. The drilling was designed to test rock chip and soil silver and base metal anomalies, fault-shear-breccia structures and subsurface alteration zones. Twelve RC drill holes were completed in the historic silver mining area encompassing the former Ticup, Doctor's Cut and Jacob's Cut mines. Hole depths ranged from 79.3m (260 ft) to 329.3m (1080 ft), with a total of 2224.1m (7297 ft) completed. A total of 1551 samples were submitted to ALS Global for assay and multi‐element analysis. Samples consisted of 1394 unique drill cutting intervals each representing a minimum of 1.5m (4 ft 11 in) and 157 reference samples. Analytical results from the reference material, comprising 1 blank (landscape marble) and 3 commercial silver standards, did not indicate any QA/QC issues in the laboratory sample preparation or analyses. Moderate to high grade silver mineralization was intercepted in many of the holes. Notable drill intercepts and silver assays results include: Hole CC001: 9.1 m at 52.6 g/t Ag, maximum silver assay value of 99.4 g/t Hole CC002: 27.5 m at 52.0 g/t Ag, maximum silver assay value of 167 g/t Hole CC006: 12.2 m at 117.6 g/t Ag, maximum silver assay value of 506 g/t Hole CC008: 100.5 m at 7.4 g/t Ag, maximum silver assay value of 64 g/t Hole CC010: 15.2 m at 54.2 g/t Ag, maximum silver assay value of 133 g/t Hole CC011: 30.5 m at 50.0 g/t Ag, maximum silver assay value of 247 g/t Kaare Foy, Viscount Chairman stated: \"At this early stage we are very encouraged with our maiden drill program results, which achieved our targeting objective of intercepting large intervals of silver mineralization. The significance is that this was the first time in over 100 years that modern exploration techniques have been used at Cherry Creek.\" All of the results given in this news release were taken directly from the Rangef...