Viscount Mining Provides Shareholder Update: Fundamentals Stronger than Ever as Company Advances Fully Funded 2026 Exploration Plan

About this update from Viscount Mining Corp.

Vancouver, British Columbia--(Newsfile Corp. - June 29, 2026) - Viscount Mining Corp. (TSXV: VML) (OTCQX: VLMGF) ("Viscount" or the "Company") is pleased to provide shareholders with an update on the Company's progress through the first half of 2026 and its ongoing advancement of a fully funded exploration plan across its 100%-controlled U.S. mineral asset portfolio. Since the closing of its oversubscribed financing earlier this year, Viscount has advanced several important operational and capital markets initiatives. The Company's fundamentals have never been stronger. "While recent share price performance has not reflected the progress we have made across the business, Viscount's fundamentals have never been stronger," stated Jim MacKenzie, President and CEO of Viscount. "We are well capitalized, active in the field, and advancing multiple near-term catalysts across a 100%-controlled U.S. asset base. With the Kate drill program completed, assays pending, Rosor's field work now completed, the upcoming drill program at the Passiflora gold - copper porphyry target and SLR's review of the Kate Resource underway, we believe the Company is positioned for a meaningful period of technical advancement through the balance of 2026." 2026 Progress and Near-Term Catalysts At Silver Cliff, the Company has completed its ten-hole 2026 core drill program focused on expanding and better defining the Kate Silver Resource area and testing high-priority structural and geological targets beyond the current resource footprint. The program was designed to evaluate the Tr2 and Tr3 rhyolite host units, which have historically hosted high-grade silver mineralization at Kate, while also testing step-out targets to the north, northwest and along the broader Kate-Passiflora trend. Visual logging from the program identified encouraging geological features, including hydrothermal alteration, brecciation, manganese oxide mineralization, visible galena, sulphide mineralization and localized massive sulphide veining in certain holes. The Company cautions that these observations are visual only and are not a substitute for laboratory assay results. Assays from the completed 2026 drill program are pending and will be released once received, compiled and interpreted. In parallel, SLR Consulting is completing its review and re-analysis of the Kate mineral resource estimate. Viscount's confir...

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