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Viscount Mining Completes 4 Phase Drill Program Required for Resource Update at the Kate Deposit, Silver Cliff, Colorado
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2022) - Viscount Mining Corp. (T...
About this update from Viscount Mining Corp.
[{"type":"text","content":"Viscount Mining Completes 4 Phase Drill Program Required for Resource Update at the Kate Deposit, Silver Cliff, ColoradoVancouver, British Columbia--(Newsfile Corp. - September 15, 2022) - Viscount Mining Corp. (TSXV: VML) (OTCQX: VLMGF) (\"Viscount\" or \"the Company\") announces the completion of a successful 4 Phase step out drill program at the Kate deposit.Jim MacKenzie Viscount CEO stated, \"The overall results of the 4 phase drill program at the Kate has been very successful. We were able to confirm the hypothesis that there exists a higher-grade zone within the KSR that had been previously much ignored. Also, drilling has expanded the resource in 3 key directions that remain open to expansion. Now that all four phases are completed, our Independent Geologist is reviewing assays and analyzing the results along with the calculation of the data from the 46 additional holes drilled by Viscount since 2020. These results and selected historic drilling results will be included in an updated NI 43-101 to be released shortly. Our next phase of drilling at the Kate will include some areas to the North-North-West that have shown good potential combined with historical information, but has not been drill tested.\"Jacob Hooker, Silver Cliff Exploration Manager commented, \"The Kate deposit was the first of 4 historical deposits at Silver Cliff to be drilled by Viscount. With historical information from the Kate being confirmed we will continue to step out the drilling to expand the higher grade zones. We have also been focusing on the historical Passiflora deposit with exciting news forthcoming.\" The goal of these four phases has been to focus on defining higher grade silver and expansion to the previously defined NI 43-101 Kate Silver Resource (KSR) by Dr. G. Arseneau in April of 2018. The report titled Mineral Resource Estimate for the Silver Cliff Property, Custer County, Colorado, USA dated April 15, 2018 was prepared by Dr. Gilles Arseneau, Ph.D., P. Geo of Arseneau Consulting Services (\"ACS\") in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (\"CIM\") Definition Standards incorporated by reference in National Instrument 43-101 (\"NI 43-101\").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 hole...