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Viscount Mining/Centerra Gold Announces Drilling Has Commenced at Cherry Creek, Nevada
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2022) - Viscount Mining Corp. ( TSX...
About this update from Viscount Mining Corp.
[{"type":"text","content":"Viscount Mining/Centerra Gold Announces Drilling Has Commenced at Cherry Creek, NevadaVancouver, British Columbia--(Newsfile Corp. - April 27, 2022) - Viscount Mining Corp. (TSXV: VML) (OTCQX: VLMGF) (\"Viscount\" or \"the Company\") is pleased to announce our partner Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) has signed an agreement with Alford Drilling of Spring Creek, Nevada to provide core drilling services. Drilling has begun on the 100% controlled Cherry Creek Project in eastern White Pine County, Nevada.The initial drill program is anticipated to run until July 1 focusing on the Star target. The first phase of drilling is planned for 15 holes with an aggregate of footage of 14,000 feet (4,268 meters). Many other targets are ready for drilling now, and will be announced in upcoming news releases. Viscount CEO Jim MacKenzie stated: \"After significant work by the Centerra team on the property over the past year very diligently defining targets we are now able to start unlocking the potential of the Cherry Creek district. Starting with the Star target which had a substantial history of gold and silver production with noteworthy grades including some of the ore shoots averaging 24,880 g/t silver, we look forward getting started with the first of the initial eleven targets identified by Centerra.Star Target Area LocationTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/2736/121767_a6fe30bb54190b3a_002full.jpgThe Star Vein system is comprised of the subparallel South Star Vein and the North Star Vein emplaced about 9 m (30 ft) apart. Based on the Schrader report of 1931 both veins have a production history, with the South Star Vein having the greatest production. The larger South Star Vein had an average gold grade of 7.8 g/t gold and an average silver grade of 622 g/t silver; with 8% lead and 8% zinc. Some very rich ore shoots averaged 24,880 g/t silver. The vein system has been traced over 670m and extends over 260m at depth. The best ore shoot is 300m long. (Source: University of Nevada Bulletin 14a, Nevada State Bureau of Mines and Mackay School of Mines. Author: F. C. Schrader geologist of the U.S. Geological Survey 1931.) All of Schrader's estimates are deemed to be historical and not 43-101 compliant.The maximum rock sample for gold was 61.4 g/t. Fourteen rock samples ran...