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Viscount Mining Announces Strong Magnetic Correlation with Known Silver Mineralization and Discovery of Untested Drill Targets at Silver Cliff, Colorado
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 13, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(OTCQB:VLMGF) ("Viscount" or "the Company") is pleased to a
About this update from Viscount Mining Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 13, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(OTCQB:VLMGF) (\"Viscount\" or \"the Company\") is pleased to announce the Company has an update on field exploration and preparations for drilling at Silver Cliff, Colorado. The exploration currently underway as announced on July 6, 2016 is to facilitate a confirmation of historic drill holes for a core drill program planned for September 2016. This program is intended to help define the structural setting that controls silver mineralization and other possibly economic commodities. In late July 2016, the Company completed over thirty line-miles of magnetic geophysical surveying. The resulting extensive data package has subsequently been compiled and clearly shows a good correlation between high magnetic responses and silver mineralization encountered by historical drilling. Not only do the high magnetic responses correlate with known silver mineralization, but there also are other high response zones that remain open or untested by drilling. These represent areas to target for discovery of extensions to reported mineral inventories and additional zones of mineralization. The activities at Silver Cliff currently ongoing are: Detailed geological mapping and sampling to verify previous historical work and geochemical assays Acquisition of additional maps and data to supplement the Company's extensive knowledge base Preparations for a phase one drill program planned for September 2016 Digitalization of all critical information for use in an upcoming NI 43-101 technical report. Past drilling at Silver Cliff was designed to test only the flat-lying shallow mineralized bodies with vertical holes but not the high-angle mineralized structures which are now interpreted to be the ultimate controls for ore emplacement. This indicates that follow-up drill programs need to include angle holes which will test these mineralized structures. Drilling in the 1980s by Tenneco resulted in a historical pre-feasibility study which formed the company's decision to put the property into production. Plans were halted due to the restructuring of Tenneco after it was sold. The Silver Cliff claim block is thought to overlie a large caldera and porphyry system which increases the potential to host a number of deposit types ranging from precious metals to bas...