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Viscount Mining Commences Phase 4 Drilling Silver Cliff Colorado
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2022) - Viscount Mining Corp. (TSXV:...
About this update from Viscount Mining Corp.
[{"type":"text","content":"Viscount Mining Commences Phase 4 Drilling Silver Cliff ColoradoVancouver, British Columbia--(Newsfile Corp. - March 29, 2022) - Viscount Mining Corp. (TSXV: VML) (OTCQX: VLMGF) (\"Viscount Mining\") announces it has received approval from the State of Colorado for the fourth phase drill program at their Silver Cliff property in Colorado.Viscount has commenced drilling at Silver Cliff, Colorado. The aim of this phase is to increase the defined resource available at the Kate Deposit.Tenneco Minerals leased the Kate property in 1987. They had previous drill data available to them, which was the results from 11,930 meters in 249 drill holes that had been done since 1968.The following two years Tenneco drilled an additional 143 holes totaling 7,949 meters. Based on the accumulated data and feasibility study, Tenneco Minerals made the decision with silver at $5.00 USD an ounce to construct at that time a $35,000,000 USD milling operation for the extraction of the silver reserves at Silver Cliff as an open pit mine. The primary deposit, Kate Silver Resource (KSR), hosts a historical estimate of 50M oz silver (not NI 43 - 101 compliant). Shortly thereafter Tenneco's parent company was sold, and the planned milling operation was abandoned.Jacob Hooker, Viscount Exploration Manager, commented: \"The fourth phase of this year's exploration program is heavily weighted towards expanding the current mineral resource at the Kate. The previous drill results from the Kate East Zone has demonstrated the deposit to be open ended in all directions. This next phase of drilling will allow us continue to step out drilling on two sides of the deposit which will allow us to expand NI 43-101 resource.\"The success of phase 2 and 3 in terms of expanding the previous Kate Silver Resource has prompted Viscount Mining to conduct another round of drilling with the intention again of increasing the known ore body size. As shown on the map below, phase 4 includes ten expansion drill holes, with six positioned to the west of the current KSR boundary. The other four drill holes are located vastly to the northeast and will test the areas extension of the drilling closer to the KSR that was done during phase 3.Part of the strategy behind Viscounts' drill campaigns is to confirm historic drilling in the KSR and use the results of Viscount's drilling, soil, geophysi...