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Interesting even more Media Coverage by Global Cda running with the story. Baby steps. No doubt Creamer's Engineering News thinks this is all hooey too and makes a practice of writing minimalist articles on tech frauds. NOT!
Cda TV station Global TV ran another different feature this time on their Sunday night per their April 9 6 pm Nat'l broadcast. hmmm that makes 3 x's. now. All different interviews below. Can't wait, to see if the Nat'l news cycle makes it to Prov'l Global Broadcasts beyond Vancouver's morning news, say CGY and EDM Alberta, Regina Saskatchewan, Winnipeg, Manitoba, Toronto and Ottawa Ontario, Montreal and Quebec City Quebec, Halifax Nova Scotia, St John New Brunswick, Fredericton PEI, St. John's Newfoundland maybe?
Wonder what US cities may bite. Maybe Tucson and Phoenix by working the Ruda Cardinal angle, the state optics engineering gem? Where else after that? Figure American news channels will hopefully do more fact checking and then light this up further using the Ruda Cardinal route. Just wishful thinking for now maybe not what you wish to see. One step at a time for now.
April 9th Sunday 6 pm Global TV Canadian Nat'l News featuring Blade Optics entitled "Ahead of the Curve" .... 14:34 mark
[color=red]globalnews.ca/video/3367750/global-national-apr-9-5
m.engineeringnews.co.za/article/nexoptic-unveils-revolutionary-flat-lens-slated-to-disrupt-lens-tech-as-we-know-it-2017-04-05/rep_id:4433
Global revenue for smartphone sales topped $428 billion in 2016, according to statistics. No matter how you look at it, smartphones are among the largest industry's in the world.
https://www.statista.com/statistics/237505/global-revenue-from-smartphones-since-2008/
April 5th 8 am GLOBAL TV British Columbia News
globalnews.ca/video/3358728/canadian-lens-set-to-revolutionize-the-way-we-see-the-world
April 4th 6pm Global TV National News
globalnews.ca/video/3357632/b-c-company-unveils-new-high-tech-lenses-that-could-change-everything
www.rudacardinal.com
In-depth background on Stephen Petranek : He left “BreakThrough Technology Alert Dec 31, 2016” to join Nexoptic’s Board of Directors on Jan 10, 2017 after 1st writing a 5,000 word report July 8th, 2016 per his speech Tuesday night.
https://agorafinancial.com/help/stephen-petranek/
Read more at www.stockhouse.com/companies/bullboard?symbol=v.nxo&postid=26099042#AASdQo6pqcGeyeRe.99
The Lead scientist at Ruda Cardinal on the Blade optics File is very decorated Dr. Tilman Stuhlinger whose brilliant father was in on the design of the HUBBLE Telescope and one of Dr. Werner Von Braun’s Team that the US brought over after WW II. I like our chances at NXO knowing this as we are dealing with the brilliant son and more at the best optics engineering firm in the US, arguably the world.
Dr. Tilman Stuhlinger Vice President
rudacardinal.com/team.php
B.S. Physics and Astronomy, Vanderbilt University, 1975
M.S. Physics and Astronomy, University of Georgia, 1979
M.S. Optics, University of Arizona/Optical Sciences Center, 1981
Ph.D., University of Arizona, Optical Sciences Center, 1984
Dr. Stuhlinger, Vice President, is highly accomplished in the areas of optical testing and optical design/analysis utilizing CODE V, ZEMAX, and ASAP/Rabet. Tilman developed an in-house methodology to better analyze and critique optical system sensitivities and tolerancing. A world class designer with revolutionary thinking, he is knowledgeable in fabrication techniques and capabilities. His intimate knowledge of RCI alignment and assembly processes coupled with his extensive experience make his analyses exquisitely accurate.
Benefits of Blade Optics™ Technology
The Companies believe that Blade Optics™ has the potential to breakdown many of the limitations associated with conventional, curved lens stacks:
• Aperture size: Blade Optics™ may allow the aperture-to-depth ratio to be increased in depth-limited optical devices to permit increased resolution compared to conventional curved optical devices with similar depth.
• Compactness: Decreasing the depth of the lens stack would create the possibility of more compact and practical imaging devices.
What have the shorts been up to:
https://www.equedia.com/what-happened-to-nexoptic-technology-corp/
https://www.equedia.com/public-unveiling-of-blade-optics/?utm_source=March+26%2C+2017&utm_campaign=March+26%2C+2017&utm_medium=email
OK highbrow Haze just because the current mkt rules allow such trading guess we'll see meanwhile.....
http://globalnews.ca/video/3357632/b-c-company-unveils-new-high-tech-lenses-that-could-change-everything
B.C. company unveils new high-tech lenses that could change everything | Watch News Videos Online
Watch B.C. company unveils new high-tech lenses that could change everything Video Online, on GlobalNews.ca
Thank you for sending me this PeteManix.
http://globalnews.ca/video/3357632/b-c-company-unveils-new-high-tech-lenses-that-could-change-everything
B.C. company unveils new high-tech lenses that could change everything | Watch News Videos Online
Watch B.C. company unveils new high-tech lenses that could change everything Video Online, on GlobalNews.ca
Seems these Shorters like Messrs. Haze and Hugo don't care whether its real or not. Its just about misrepresentation, twisting facts to make money and recruit other shorters like Cormark of Toronto who has sold 1M + shs since Monday into a coordinated attack.
BTW Mr. Hugo doesn't think much of you Pete as appears you are a a bag holder re your having stayed in way too long on S3D before pulling the plug. Just looking at yours and his prior posts. Pretty proud of himself re pain S3D shrhldrs went thru from the looks of it.
Wednesday, 03/29/17 11:05:43 AM
Re: Hugodrax post# 104
Post # of 125
Don't take this the wrong way, but one of my strategies to to follow investors that I view as unsophisticated, gullible, and prone to get right quick schemes etc. from company to company.
This one caught my eye as a bunch of guys that rode $ANY into the dirt started buying it. Been watching for a while but now the valuation is silly enough (IMHO) that it's interesting.
Pretty simple. I also follow management teams around but they move much slower than bagholders.
Why state the obvious since their prototype unveiling isn't until Tuesday? Lots of great minds in the world of optics are on board w/ NXO and they feel quite confident of success. Easy to understand many investors optimism, though there may be a bit of over excitement at this point in time by some investors, but then if I was a big baseball fan and my team's starting pitching staff had the 4 pitchers with the lowest ERA and the 4 hitters with the highest batting averages from 2016, I would also be optimistic prior to opening day.
Absolute guarantee of success? No
But, on the other hand, trying to put up only negative remarks at this stage of the game is just as ridiculous. Reminding investors to stay rooted and challenge everything is OK IMO, but constantly stressing the negative is absurd.
The question by Foroom was who pays your salary HUGO not about your track record.
The old adage holds true, "Past performance is no indication of future results". right? So are you going to answer Foroom's question of who pays for you?"
Equedia in regard to Nexoptic provides full disclosure of their relationship.
Meanwhile there are way more posts posts by many people on stockhouse.com vs. participants here. Be it bear or bull, posting here is in a bit of a vacuum. Why not go there everyone given how dead this forum is?
Better to be where there is way more conversation be it pro or con. Heading back to wwww.stockhouse.com
GoLongtilrong a couple posts back, has a point re chairman owning more than 2.5 M shs per his post as it certainly does put his sales into perspective so thanks for that.
As to Ivan Lo Editor of Equedia, his in depth article thoroughly explains events of last week. A real eye opener worth 3-4 reads.
What Happened to NexOptic Technology Corp? - Equedia Investment Research
https://www.equedia.com/what-happened-to-nexoptic-technology-corp/
Glad he at least discloses who butters his bread.
Nothing wrong with the Tech at all.
Its was shorters who caught a break from getting squeezed c/o
"An Overbought sell 1/3 of your position recommendation by Agora's BreakThrough Technology Alert" Editor, a Mr. Ray Blanco.
He didn't know that there was a short squeeze on. Ivan Lo's Equedia does a terrific job thoroughly explaining events of last week. A real eye opener worth 3-4 reads.
What Happened to NexOptic Technology Corp? - Equedia Investment Research
https://www.equedia.com/what-happened-to-nexoptic-technology-corp/
From stockhouse.com and other sources for background on Nexoptic and all "the noise about Blade Optics" and whose helping it move fwd besides only RudaCardinal.com .....
Blogger on stockhouse.com
From ImaWhale : Who really needs telescopes anyway?
I believe it’s been pointed out once before, but I’d like to call attention to it again in more detail. Follow the bread crumbs.
Ruda-Cardinal, the internationally recognized leader in optical design, took on the manufacture of Nexoptic’s POC. They regularly provide their expertise and services to Fortune 500 companies and projects like repairing NASA’s Hubble telescope, and for some reason they believed making the Nexoptic design a reality was worth their time.
Ruda-Cardinal was co-founded by Dr. Tilman Stuhlinger, son of Ernst Stuhlinger, one of the German scientists recovered in Operation Paperclip to lead the team that originated the American rocketry program.
Von Braun may have been the polished spokesman of the group, but Ernst Stuhlinger was the Director of Science at NASA at the time the Saturn 5 rocket was developed and took the first astronauts to the moon in the Apollo missions.
http://www.nytimes.com/2008/05/28/us/28stuhlinger.html?_r=0
Ernst's son Dr. Tilman Stuhlinger is a VP at Ruda-Cardinal, and his list of accomplishments is every bit as impressive as his father’s: http://www.ruda.com/team.php
Now, if I’m NASA, am I in contact with the son of the founder of the American rocketry program, one of the greatest scientists in NASA’s history, I gotta be checking into this Blade Optics.
IF I'm NASA or any of such related customers am I asking what's all this about blade optics? Am I in contact with Ruda-Cardinal, the company that repaired NASA’s Hubble telescope, and have I spoken with both RUDA C., Dr. Tillman Stuhlinger and Nexoptic yet? "Enter Stephen Petranek BIO below"
Do I want the absolute most accurate and in-depth images in the history of astronomy to pinpoint my landing spot on Mars re future NASA/SPACEX Mars Missions? What would I be willing to pay for access to this technology now that I’ve just been given $19.5 billion by Congress for this year’s budget?
Draw your own conclusions, I’ve drawn mine.
===========================================
Rebel20: Rob Cardinal, B. Sc, Astrophysicist - Senior Systems Designer is an astrophysicist with the science team for NEOSSat, a Canadian planetary science microsatellite launched in 2013 for the Canadian Space Agency. He currently oversees the development of massively parallel software and high performance computer systems to search for asteroids in the data images returned from the satellite. Additionally, he developed unique automated moving object detection software for the Near Earth Space Surveillance (NESS) project with which he has discovered two comets that bear his name and one near-Earth Asteroid. He is an expert in photometry, astrometry, image analysis and reconstruction, and software development for massively parallel GPU computer systems.
He is listed as an author on over 30 publications in astronomical literature. He previously worked on projects in optical sensitivity analysis for Defense Research and Development Canada (DRDC), telescope retrofit and refurbishment at the Rothney Astrophysical Observatory (RAO),Calgary, and near Earth space surveillance. Mr. Cardinal holds a B.Sc. in Physics and Astronomy from the University of Victoria.
=====================================================
This used to be up on Agora Fin'l web-site but no more since Stephen Petranek stepped down for NXO Board of directors Jan 10, 2017. He did a big report in early July 2016.
Obviously a dated BIO but worth reviewing the meat and potatoes from ........Stephen Petranek’s career of over 40 years in the publishing world is marked by numerous prizes and awards for excellent writing on science, nature, technology, politics, economics and more — covering stories you won’t hear about anywhere else.
Earlier in Stephen’s career, for example, he was flying his little plane some 15–20 miles from his home in Rochester, N.Y., when he looked down and saw these giant silver boxes. These giant boxes were actually small buildings that FEMA would load onto trains and send out after a natural disaster. Unlike today’s trailers, four or five modules combined to make a townhouse. These Stirling homes as they were called were the lead product of Stirling Homex Corp., the first company to do truly manufactured assembly-line housing. The company was also one of the hottest stocks on the New York Stock Exchange.
One day, the stock of Stirling Homex Corp. would be $15; the next, $60. They issued four IPOs over the course of about five years, and the whole time, shareholders were getting ripped off. Nobody knew it at the time, of course, until Stephen landed his plane, went home, drove in his car to the spot where he saw these things and checked it out. The unsold housing units were being labeled as “unbilled receivables” and counted as income. In reality, 80% of production was unsold units stockpiled by the factory. He persuaded a company officer to come clean about two different sets of books.
In a major investigative effort funded by his employer, the Rochester Democrat and Chronicle, Stephen wrote more 20 articles, which were published as a special report starting on the front page every day for four days. Then 25 indictments and five convictions later, the Stirling brothers as co-founders and owners made their escape by flying south in the company jet, never to be heard from again. For his efforts, Stephen was given the prestigious John Hancock Award, which many consider to be the Pulitzer Prize of financial writing. Needless to say, Stephen has a history of separating the legitimate investment opportunities from those designed by charlatans.
After the Stirling brothers saga, Stephen moved to Miami, where he was appointed editor-in-chief of The Miami Herald’s prestigious Sunday magazine, Tropic. There he assigned article after article that uncovered corruption and wrongdoing in south Florida. He shook things up so much that at one point, he was assigned bodyguards and his car had to be checked for explosives. Afterward, he opted to redo The Washington Post’s Sunday magazine, where he worked with numerous famous investigative writers, including Bob Woodward, who helped uncover the Watergate scandal.
Afterward, Stephen covered science and nature, politics and economics at Time Inc.’s Life magazine. He frequently assigned articles to Gary Smith, whom some consider to be the best magazine writer in the U.S. Stephen and Gary convinced President Jimmy Carter to cooperate with a major profile — the first time Carter had given a journalist more than 15 minutes of his time since leaving office more than a decade earlier. Eventually, Smith was able to spend weeks with Carter, including an extensive trip to Africa. The resulting article was a bombshell.
Life liked Stephen so much they were convinced to change the color of their famous logo from red to green for only one issue in their whole history, for the 25th anniversary of Earth Day, a special issue Stephen spearheaded. One of his favorite achievements at Life was convincing one of the top 10 architects in the world to design the “Life Dream House” each year. It was a special series Stephen invented that sold thousands of house plans and went on for several years even after Stephen left Life. Atlanta, Ga., decided to feature the first Life Dream House, designed by Robert A.M. Stern, now the dean of architecture at Yale, as part of that year’s Olympics.
Then, Time Inc. chose Stephen to head up the only successful effort to turn a TV show into a magazine: This Old House. The magazine was nominated for numerous National Magazine Awards in photography, design, features and more.
Stephen was also editor-in-chief of Discover, the world’s largest science magazine at the time. Even with about a million and a half subscribers, the magazine was in big trouble. Disney’s then CEO Michael Eisner asked Stephen to reinvent the magazine from top to bottom. Discover was also nominated for numerous National Magazine Awards, and under Stephen it not only became the leading science magazine in the world, but permanently surpassed Scientific American for newsstand sales.
Based on his work on Discover, Stephen gave one of the most original and most watched TED talks of all time. You can Google his talk, 10 Ways the World Could End, or find it at TED.com. Contrary to first impressions, it is a remarkably optimistic view of the future — but if you disagree, you can always Google his presentation 10 Things to Be Optimistic About.
Now Stephen is /// WAS /////editor of Breakthrough Technology Alert, for which he finds the investment opportunities that create true value and move the human race forward. He’s working on a book titled The Flood, about the threat to America of climate change and rising sea level.
Now maybe you'll read www.nexoptic.com cover to cover before saying nay? GLTA Longs here.
Last one and off to bed
I went to YouTube and typed in YouTube Nexoptic and got s listing of all videos, so you may wish to watch all including hypey over promotional one by Equedia.com and focus on more rational ones.
Re halts: from www.stockwatch.com (Type in NXO Cda top left center)
Nexoptic Technology halted at 8:22 a.m. PT
2017-03-23 11:25 ET - Halt Trading
Nexoptic Technology Corp. has been halted at 8:22 a.m. PT on March 23, 2017, by a single-stock circuit breaker.
Recent Bulletins
Date ET Symbol Price Type Headline
2017-03-23 14:25 C:NXO 1.56 SEDAR Audited Annual Financial Statements SEDAR Audited Annual Financial Statements
2017-03-23 14:25 C:NXO 1.56 SEDAR MD & A SEDAR MD & A
2017-03-23 11:25 C:NXO 1.56 Halt Trading Nexoptic Technology halted at 8:22 a.m. PT
2017-03-23 11:23 C:NXO 1.56 Resume Trading Nexoptic Technology to resume at 8:27 a.m. PT
2017-03-22 09:59 C:NXO 2.67 Halt Trading Nexoptic Technology halted at 6:56 a.m. PT
2017-03-22 09:58 C:NXO 2.67 Resume Trading Nexoptic Technology to resume at 7:01 a.m. PT
2017-03-21 12:29 C:NXO 3.59 Resume Trading Nexoptic Technology to resume at 9:31 a.m. PT
2017-03-21 12:28 C:NXO 3.59 Halt Trading Nexoptic Technology halted at 9:26 a.m. PT
2017-03-21 11:52 C:NXO 3.59 Resume Trading Nexoptic Technology to resume at 8:55 a.m. PT
2017-03-21 11:52 C:NXO 3.59 Halt Trading Nexoptic Technology halted at 8:50 a.m. PT
2017-03-10 19:43 C:NXO 2.62 News Release Nexoptic, Spectrum do not say why stock is up
2017-03-02 10:49 C:NXO 1.77 News Release Nexoptic provides details on Blade Optics event
NexOptic - YouTube
https://www.youtube.com/channel/UCI53JmQbT75vQ0UnY0E6Oug
NexOptic is a technology company based in Vancouver, BC, Canada (OTCQB: NXOPF | TSX-V: NXO | Frankfurt: E301 | Berlin: E301). Together with Spectrum ...
NexOptic spotlight on BTV and BNN - YouTube
Video for youtube nexoptic? 4:44
The halts that occurred were for circuit breakers as the TSX Venture Exchange is not set up too well for companies that trade such volume of late. They traded on the TSXv approx. 44 M shares only from inception as Nexoptic from 1st day of trading Feb 22 to Dec 31, 2016.
Th eMedia Event on april 4th is only a few days after March 31 close of 1st Qtr. The H.R. McMillan space Center "Planetarium" is pretty popular during spring break for school kids on holidays for parents so scheduling was the issue. No I don't work for either co. but I do my homework. And yes I'm long.
This week they've traded almost 30 M shs alone. check out www.stockwatch.com as you can see daily volume, 15-20 min delay and 3 mos. trading history for NXO which is CDN symbol.
I stumbled over here as participate in a private forum but read www.stockhouse.com NXO forum. there are some good posters and twits like you'd anywhere such as here. Depends on how serious you are re doing homework or just pontificating from ignorance, bias, naivety, or indifference that nothing big can ever develop from a start up.
Close Prices Price/volumes not adjusted for restructures
Date 2017-03-22 NXO 11,830,490 2017-03-22 NXO 6,497,312
2017-03-21 NXO 6,672,754
2017-03-20 NXO 2,784,081
Try the links:
http://www.stockwatch.com/Quote/Detail.aspx?snapshot=SX&symbol=NXO®ion=C
http://www.stockwatch.com/Quote/Detail.aspx?symbol=NXO®ion=C
As to whether Blade Optics is real, once you go to nexoptic.com news release section, why don't you go to the web-site of RudaCardinal.com as they are the go to Optics Engineer for NASA, Spacex, Lockheed Martin, Boeing, McDonnell Douglas, NASA JPL and other pretty big names. They and John and Darcy Daguela of Spectrumoptix (optioning tech. into Nexoptic, found each other at the annual SPIE Photonics West Conference 2 yrs ago I think. This conference is always held in the Metro San Francisco Area, this past yr. Santa Clara I believe.
Oh and the immediate Astronomy and Telescope Advisor, Rob Cardinal has a couple comets named after him. Full Bios of important parties on their web site too besides below for your perusal. Is it the real deal? Who is buying the stock?
All the little guys were given a reduce 35% recommendation by Agora Fin'ls Breakthrough Tchnology Alert Tuesday morning by new editor Ray Blanco who took over from Stephen Petranek. That started the tumble as a microcap can't handle smallcap structure volume and the new editor might have discussed how to reduce w/o risking exactly what happened. He didn't look beyond only that paid subscribers were up 10 x's on their money but forgot but its the art of selling to coach people how not to whack down the share price so people don't fall over themselves for the door.
Ray blanco, new editor, wasn't the one who recommended Nexoptic it in the 1st place. Stephen Petranek left Agora Fin'l and their publication to join Nexoptic's BoD so this sell recommendation blindsided the Co. and quite frankly was ill-thought out re how to do such an execution why not instead say a 5-10% reduce but 35% at one fell swoop?
If you do the reading you might think hey Blade Optics could indeed be real but if you choose not to read up then how open minded are you to the probability or possibility that its the real deal? Do you know what a megatrend stock is?
All the best and let me know re more questions but I do find going to the Nexoptic forum on stockwatch.com helpful as you might as well. Be careful though as their are shysters , bashers besides well intentioned long, some who you can pick out as doing their homework. Oh DD = due diligence
Spectrum has engaged Ruda Cardinal Inc. (“Ruda”) of Tucson, Arizona to help design, test and construct the lens stack for its first prototype for imaging. The planned POC prototype will be a digital telescope that utilizes Spectrum’s patent pending Blade Optics™ technology, which contains flat lenses.
As an internationally recognized industry leader in optical prototype construction and design, the Companies believe that Ruda is well qualified to deliver to Spectrum a high quality lens stack in a timely and cost effective manner.
The planned digital telescope prototype will utilize Spectrum’s Blade Optics™ patent pending technology, other optical elements and electronic components. The prototype is intended to demonstrate the marketable features of Spectrum’s Blade Optics™ technology and its potential to serve as a platform to be used in various optical applications ranging from telescopes, cameras, surveillance equipment, mobile devices and other imaging verticals.
Spectrum’s POC prototype will be designed to be a fixed magnification digital telescope with a narrow field of view and will be similar in function to many conventional telescopes sold today. However, as a result of the application of Blade Optics™, a unique distinction of Spectrum’s lens design is anticipated to be its reduced lens stack depth to aperture ratio compared to traditional curved lens systems for fixed magnification imaging.
This could set Spectrum’s Blade Optics™ technology apart from existing lens technologies in the fixed magnification lens market, which includes products such as spotting scopes, telescopes, binoculars, certain camera lenses and other consumer and industrial imaging products.
John Daugela, President and CEO of Spectrum, stated,
“Throughout the design and engineering process thus far, we have identified inherent advantages with our technology when compared to most conventional curved lens designs with a fixed magnification. The optical software simulations conducted by Ruda demonstrate that our patent pending Blade Optics™ technology could enable a working fixed magnification lens system within a significantly compressed lens stack depth to aperture ratio. This was our primary objective when we began the process. We anticipate that, through further development and testing, we will begin to show the market the full potential of our technology.”
Ruda Cardinal recently informed Spectrum that the initial development phase of the lens stack for its POC prototype, known as the ‘Trade Study’, is nearing completion. This involved a highly complex design phase that resulted in an exceptionally compact form factor. Furthermore, Spectrum reports that simulated image results using Zemax ray tracing software exceeded its preliminary image quality target.
Upon completion of the Trade Study, Spectrum, with the assistance of Ruda Cardinal, will then move onto the next stage in its POC prototype development which will test various tolerances for its lens stack, complete the design review, define and source suitable glass types and initiate the mechanical design for its lens stack. In conjunction with that phase of development, Spectrum intends to source and possibly modify suitable electronic and digital components for its POC prototype, which is anticipated to include image capture and processing pieces intended to enhance and refine image quality. Spectrum’s Senior Systems Designer, Mr. Rob Cardinal, will be in charge of sourcing these components as he is an expert in image analysis and reconstruction and software development for massively parallel GPU computer systems.
Mr. Cardinal holds a B.Sc. in Physics and Astronomy from the University of Victoria, Canada. As a member of the science team for NEOSSat, a Canadian planetary science microsatellite launched in 2013 for the Canadian Space Agency, he currently oversees the development of massively parallel software and high performance computer systems to search for asteroids in the data images returned from the satellite.
The Trade Study phase nearing completion includes:
Preliminary optical design used to define system specifications and certain performance metrics. This phase is also used to identify the design configuration and required levels of engineering effort, scope-of-work, feasibility, schedule and cost.
The Companies look forward to providing subsequent updates in future joint news releases as Spectrum’s POC prototype development process continues.
About Ruda Cardinal
Ruda’s diverse customer base includes clients who require optical systems for market segments such as: space, aerospace, military, bio-medical, commercial, industrial, lithography and inspection. It provides its expertise and services to Fortune 500 companies, universities, government programs and start-ups. Ruda has been ISO 9001:2008 AS9100 certified since 2007 and is an ITAR registered company capable of building prototypes to MIL-Spec qualification standards required for air worthiness.
About Spectrum Optix
Spectrum Optix Inc. is developing technologies relating to imagery and light concentration applications. Utilizing its core technology, which contains flat lenses, Spectrum aims to disrupt conventional lens and image capture-based systems, which may include telescopes, cameras and mobile devices, by creating a lens system that reduces the depth (relative to aperture size) currently required in many traditional curved lens stacks.
About Elissa Resources
www.elissaresources.com www.spectrumoptix.com
Elissa has an option to acquire, in the aggregate, 100% of Spectrum Optix, and is in the process of changing from a Mining Issuer to a Technology Issuer on the TSX Venture Exchange (the “Change of Business” or the “COB). The COB is subject to regulatory and shareholder approvals and upon completion Elissa intends to change its name to Nexoptic Technology Corp. or such other name as the Elissa board of directors may determine. The Exchange will assign a new trading symbol at the time of the formal name change. The shares in the Company are halted and are expected to remain halted pending receipt by the TSX Venture Exchange of required documentation.
On behalf of the Boards of Directors
Elissa Resources Ltd. Spectrum Optix Inc. Paul McKenzie, President & CEO Email: Look@nexoptic.com Tel: 1 (604) 669 7330
John Daugela, President & CEO
### The trade study was completed so if you wish to go to www.sedar.com you can review all the news releases and filings by going to all companies, N for Nexoptic and scroll down the list and click on the name, verify the autobot tab and you are in or go to their web-site its all there or view any and all video.
The video you may have seen from Equedia.com is a little are a little over the top but yes more or less accurate. Co. was not happy with aggressive hype aspect of it.
You guys posting here ever read Nexoptic's website or look at the background of their personnel?
As to how did a Mining Co. public shell become a tech Co. they filed for a change of business, did a roll back of their stock, cut a deal for an option to acquire the tech by funding $3M of research etc and then the private entity will roll in by the end of November, 2017.
From their January 12, 2016 News Release found on www.sedar.com re all regulatory filings for pubcos based out of Canada who must have all their regulatory filings go there ..think of it as Canada's version of kaiser. Elissa change of business application meant a change of name to Nexoptic Technology as well. So besides their website www.nexoptic.com, they can be found on twitter @NexopticTech and on FaceBook too try Nexoptic Technology.
"Elissa has an option to acquire, in the aggregate, 100% of Spectrum Optix, and is in the process of changing from a Mining Issuer to a Technology Issuer on the TSX Venture Exchange (the “Change of Business” or the “COB). The COB is subject to regulatory and shareholder approvals and upon completion Elissa intends to change its name to Nexoptic Technology Corp. or such other name as the Elissa board of directors may determine. The Exchange will assign a new trading symbol at the time of the formal name change. The shares in the Company are halted and are expected to remain halted pending receipt by the TSX Venture Exchange of required documentation."
A little reading and you can be better in the know.
Note the trading chart since Viscount announced some of the best silver assays anyone has heard of in the US care of their Colorado Silver Cliff Project which they are presently drilling themselves
Viscount Mining Reports Additional High Grade Silver Intersections of Drill Holes at its Silver Cliff Property in Colorado
MarketWire Canada 10 days ago
http://www.stockhouse.com/news/press-releases/2017/01/19/viscount-mining-reports-additional-high-grade-silver-intersections-of-drill
Stock chart since :
http://stockcharts.com/c-sc/sc?s=VML.V&p=W&b=5&g=0&i=t10198168737&r=1485730983000[img][/img]
VML/ VLMGF also drilled 57.2 oz per ton Silver Cliff, Colorado
Assay results for confirmation hole K16-01 drilled at an inclination of minus 60 degrees averaged 1,778 parts per million (also grams per tonne and which equals 57.2 ounces per ton) over 20 feet (6.1 metres) from 60 feet to 80 feet (18.3 metres to 24.4 metres) of core interval.
1st Drill hole announced that I can find so with 42-43 coming in both CO & NEV look out for sure in 2017
http://www.stockwatch.com/Chart/Advanced.aspx?time=1&symbol=VML®ion=C
viscountmining.com
1st Assay in Colorado,
I can't find a 43-101 assay result better or as shallow so far.
Knock on wood.
VML Today, this week, past month of December 2016
Got this c/o friend of a friend so hope it works.
http://stockcharts.com/c-sc/sc?s=VML.V&p=W&b=5&g=0&i=t34712950102&r=1482502909401
http://stockcharts.com/c-sc/sc?s=VML.V&p=D&b=5&g=0&i=t01076481424&r=1483136132540
Great Tech Analysis Chart for virtually unknown Nevada & Colorado Explorer
Partnered with Sumitomo in Nevada and drilling on their own in Colorado
http://www.stockwatch.com/Chart/Advanced.aspx?time=1&symbol=VML®ion=C[img][/img]
One can go to stockwatch.com and enter the 3 yr and 5 yr chart to compare with 1 yr chart above or go to www.stockcharts.com and put in various TA Tools for your own TA chart. Seems I can't cut and paste info in sorry.
Viscount drills 50 feet of 26.92 ounces per ton silver.
2016-12-21 09:08 ET - News Release
Mr. Jim MacKenzie reports
VISCOUNT MINING REPORTS HIGH GRADE SILVER INTERCEPT AT ITS SILVER CLIFF PROPERTY IN COLORADO
Viscount Mining Corp. has released first drill results from the Silver Cliff property in the Hardscrabble silver district of Custer county, Colorado. The 2016 drill program that Viscount commenced in mid-November, 2016, had as its primary objective the confirmation of historical drilling and mineral resource documentation on one of the Silver Cliff deposits known as the Kate silver resource. Nine holes for a total of 1,502 feet (457.8 metres) were completed as part of the drill program, and this release is reporting values from K16-01, which was the first hole drilled and assayed at ALS Canada Ltd. at its laboratories in Reno, Nev., and Vancouver, B.C.
Assay results for confirmation hole K16-01 drilled at an inclination of minus 60 degrees averaged 1,778 parts per million (also grams per tonne and which equals 57.2 ounces per ton) over 20 feet (6.1 metres) from 60 feet to 80 feet (18.3 metres to 24.4 metres) of core interval.
Each analyzed sample in this interval represented five feet (1.52 metres).
The 50 feet (15.24 metres) of mineralized core from 55 feet to 105 feet (16.76 metres to 32 metres) averaged 837.35 parts per million (26.92 ounces per ton).
The collar of K16-01 is estimated from historic maps and field evidence to be within four feet (1.2 metres) of historical drill hole DDH 73-2, for which reports show 1,927.7 grams per tonne silver over 13.5 metres (62 ounces per ton over 44.29 feet).
Based on core logging, the mineralization is associated with silica which has replaced locally vuggy limestone of a reef comprising fossilized stromatolites. Viscount's technical team attributes the difference in silver values between 2016 drill hole K16-01 and historical drill hole DDH73-2 to the fact that such replacement typically is not uniform. The mineralized siliceous zone intersected by K16-01 is located at a depth from which it could be mined efficiently utilizing open-pit techniques, and, because the reef appears to be nearly flat lying, there is potential for lateral extensions of the mineralization.
Kaare Foy, Viscount's chairman, stated: "We are extremely pleased with the early results of our 2016 drill campaign at Silver Cliff. The high silver values represent a solid starting point toward addressing our primary goal for Silver Cliff which is to confirm the historical mineral resource and then look to enlarge that resource by extending the drill program outside the perimeter of the original resource on which the preliminary economic assessment was done by Tenneco. Today's release represents a solid cornerstone for this mission, and we look forward to reporting further assays from this program as they become available."
Jim Ebisch, Viscount's project manager for the 2016 drill program, further stated: "Even given the fact that there is a historical silver resource and preliminary economic assessment completed for the Silver Cliff project, we believe the region containing, and immediately surrounding, the Kate silver resource is materially underexplored and the historical resource there could be greatly enhanced in the future with just a few strategically placed drill holes.
The 2016 drilling shows that the silver mineralization (blue-grey mineralization) is hosted predominantly by a gently dipping, silicified carbonate reef that formed during a volcanic hiatus.
The Kate silver resource at this juncture appears to be the result of simple carbonate replacement by silica-rich, silver-/lead-/zinc-bearing fluids adjacent to interpreted deep-seated epithermal veins. These carbonate rock systems replaced by silicification-associated resources are commonly found over large lateral extents and the greatest promise for the Kate silver resource may eventually lie in undiscovered stacked horizons, in combination with high-grade epithermal veins that may underlie the Kate silver resource."
Future exploration work at Silver Cliff's Kate silver resource region will depend on the evaluation of the current confirmatory drill program once all of the assay results have been received and interpreted by Viscount's technical team.
About the Silver Cliff Property
The Silver Cliff property lies within the historic Hardscrabble silver district in Colorado. The property consists of 96 lode claims where high-grade silver, gold and base metal production came from numerous mines during the period 1878 to 1894. It is located 44 miles west-southwest of Pueblo, Colo., and has year-round access by paved road. The property underwent substantial exploration between 1967 and 1984. The major explorers were Freeport, Hecla, Homestake, Moly Corp., Coca Mines and Tenneco Minerals.
The Silver Cliff property is interpreted to encompass a large caldera and porphyry system which offers potential to host a number of deposits from both precious metals to base metals. This has been demonstrated in the mineralogy and grade historically extracted from numerous underground mining operations dating back to the late 1800s and early 1900s.
Drilling in the 1980s by Tenneco resulted in a historical prefeasibility study which formed the company's decision to put the property into production. Known historical silver grades range from below detection to a high of 2,125 grams per tonne (68 ounces per ton) silver over 13.4 metres. Known historical gold grades range from below detection to a high of 9.06 grams per tonne (0.29 ounce per ton) gold over 1.2 metres. Plans were halted due to the restructuring of Tenneco after it was sold.
Quality assurance/quality control measures, chain of custody
The company has implemented a quality assurance/quality control program using best industry practices at the Silver Cliff property. Drill core samples are sawn in half lengthwise and one-half is transported in securely sealed bags to the ALS laboratory in Reno, Nev., for analysis. Prior to transport, individual samples are labelled, placed in plastic sample bags and sealed. Groups of samples are then placed into durable rice bags that are then shipped. The sample pulps and rejects will be retrieved from ALS. All samples were analyzed for silver and 50 other elements by ALS method ultratrace aqua regia ICP-MS, with code ME-MS41. In the case of silver determined by this method to be in excess of 100 parts per million, a further analysis for silver was done utilizing method ore grade aqua regia ICP-AES, with ALS code Ag-OG46. For the three five-foot interval samples from K16-01 containing more than 1,500 parts per million, ALS method silver 30-gram fire assay with gravimetric finish WST-SIM, with code Ag-GRA21, was utilized.
Qualified persons
The scientific and technical information contained in this news release has been reviewed and approved by Dallas W. Davis, PEng, FEC, an independent consulting geologist who is a qualified person as such term is defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About Viscount Mining
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek comprises more than 9,000 acres, all 100 per cent owned, and includes more than 20 past-producing mines. Silver Cliff in Colorado comprises of 96 lode claims covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd. All rights reserved.
2016-09-13 - Silver Cliff "Mag" Survey lines up with drilling
News Release
Mr. Jim MacKenzie reports
VISCOUNT ANNOUNCES STRONG MAGNETIC CORRELATION WITH KNOWN SILVER MINERALIZATION AND DISCOVERY OF UNTESTED DRILL TARGETS AT SILVER CLIFF, COLORADO
Viscount Mining Corp. has provided an update on field exploration and preparations for drilling at Silver Cliff, Colo.
The exploration currently under way 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 30 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 continuing 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 National Instrument 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 prefeasibility 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 base metals. This has been demonstrated in the mineralogy and grades reported in historical documents describing a number of underground mining operations dating back to the late 1800s and early 1900s.
Jim MacKenzie, the company's president and chief executive officer, stated: "We are very excited to see Silver Cliff progressing forward at this accelerated pace. The upcoming drilling is expected to be a major step in moving Silver Cliff toward being a premier silver property in the Western U.S."
The company further announces that pursuant to the company's stock option plan it wishes to grant 300,000 stock options at a price of 57 cents per common share to three directors of the company. As per the company's stock option plan, the options granted are exercisable until Sept. 8, 2021. Grant of the options is subject to the approval of the TSX Venture Exchange.
About Silver Cliff property
The Silver Cliff property lies within the historic Hardscrabble silver district in Colorado. The property consists of 96 lode claims where high-grade silver, gold and base metal production came from numerous mines during the period 1878 to 1894. It is located 44 miles west-southwest of Pueblo, Colo., and has year-around access by paved road. The property underwent substantial exploration between 1967 and 1984 for the purpose of defining mineral inventories. The major explorers were Freeport, Hecla, Homestake, Moly Corp., Coca Mines and Tenneco Minerals. Based on historical reports, 40 million to 50 million ounces of silver are considered reasonable to target with the planned and successive phases of drilling, however, this potential quantity is conceptual in nature and it is uncertain whether further exploration will result in the targeted quantity being delineated as a mineral resource.
Qualified persons
The scientific and technical information contained in this news release has been reviewed and approved by Dallas W. Davis, PEng, FEC, an independent consulting geologist who is a qualified person as such term is defined under National Instrument 43-101 -- standards of disclosure for mineral projects.
About Viscount Mining
Viscount Mining has a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek comprises more than 10,000 acres, all 100 per cent owned, and includes more than 20 past-producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corp. covering the Cherry Creek property. Sumitomo can earn in up to a 75-per-cent interest in the property by producing a feasibility study and by spending in addition a minimum of $10-million (U.S.) in exploration and development expenses by the eighth anniversary of the earn-in agreement.
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd. All rights reserved.
2016-09-07 Drilling has Commenced at Viscount’s Flint Canyon, Cherry Creek Property in Nevada -
Viscount Mining Corp PRESS RELEASE September 7, 2016
VANCOUVER, Canada –- Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or “the Company”), is pleased to provide an update on its flagship Cherry Creek Nevada Property (the “Property”). The Phase 1 drilling has commenced at Flint Canyon and is being managed and funded by Summit Mining Exploration Inc. (“Summit”), a wholly-owned US subsidiary of Sumitomo Corporation, under the Exploration-Earn In Agreement.
Phase 1 Reverse Circulation (RC) Drilling Program at Flint Canyon
Drilling has begun at Flint Canyon and is being conducted by Boart Longyear of Salt Lake City, Utah. The Global Drilling Services Division of Boart Longyear, founded in 1888, operates in over 30 countries for a diverse mining customer base, spanning a wide range of commodities, including gold, silver copper, nickel, zinc, uranium, and other metals and minerals.
The drill program will comprise approximately 18 reverse circulation (“RC”) holes totaling 14,366 feet (4,380 m). The Flint Canyon area contains highly dissected fault blocks of the Dunderberg Shale with the underlying Marjum Limestone and overlying Notch Peak Limestone. The Pogonip Formation overlies the Notch Peak and both units are important host rocks for Carlin-type gold mineralization in east-central Nevada. Assay results will be released as they become available from ALS Labs Limited of Elko, Nevada.
Mark Abrams of the Viscount Technical Advisory Board, who was recognized for his work on developing the Pequop Trend where Cherry Creek is located in eastern Nevada, stated, “In my experience, the well-developed plumbing system, the large size and amount of the jasperoids, the amount of altered rock and the focused nature of the soil anomalies combine to make the drill targets as compelling as any I have seen elsewhere at important projects and mines in eastern Nevada. This bodes well for the project. Flint Canyon has continued to deliver exceptional results and I am very enthusiastic about the current drill program.”
Property Road Access Improvements
Road contractor Legarza Exploration & Construction has completed construction on the 6700 ft. new access road and nine drill pads at Flint Canyon.
About Flint Canyon
The 2015 and 2016 mapping at Flint Canyon found the faulting to be more complex than previously indicated on the Adair 1961 geologic base map. Summit’s mapping program found that east-west orientated faults and fractures, which are important ore controlling structures at the Ticup and Star Mines, also occur in the area. The Flint Canyon area contains highly dissected fault blocks of the Dunderberg Shale with the underlying Marjum Limestone and overlying Notch Peak Limestone. The Pogonip Formation overlies the Notch Peak and both units are important host rocks for Carlin-type gold mineralization in east-central Nevada.
Jasperoid occurrences in Nevada are extremely significant in context to Carlin-type gold deposits and mineralized jasperoid outcrops are common throughout the Flint Canyon area. They occur principally along the base of the Dunderberg Shale, but other outcrops are found along the Pogonip-Notch Peak contact. Many major gold discoveries have been made based on the presence of outcropping, weakly mineralized jasperoid hosted in and along bedding contacts of carbonate rocks. At Flint Canyon, jasperoid is found in the same carbonate rocks that are prolific host rocks at nearby large gold deposits (Newmont Mining-Long Canyon and Kinross Gold Corporation-Bald Mountain deposits).
The jasperoid beds, interpreted as west dipping tabular features, occur along the base of the Dunderberg Shale and within the Pogonip group limestone. Summit’s geological team indicates that the Dunderberg Shale is generally recessive and is exposed mainly along the outcropping contacts with more competent rocks. The Dunderberg appears to be moderately altered throughout its distribution, and, at Flint Canyon, it experienced widespread and significant alteration by hydrothermal fluids. The underlying Marjum Limestone is usually competent and unaltered, while the overlying Pogonip exhibits variable alteration.
Mineralization identified by this work is hosted within and extending out from silica bodies known as jasperoids formed at the Pogonip Limestone/Notch Peak Limestone contact, within the Dunderberg Shale, and within and extending out from jasperoids formed at the Dunderberg Shale/Marjum Limestone contact. Jasperoids form from silica and iron replacement of the limey component of rocks when warm springs carrying silica, iron and potentially metals such as gold circulate through the rock column. As the silica and iron rich waters percolate through the rock, the limey component of the rock dissolves, migrates away and redeposits as calcite veins (calcium carbonate) in areas outboard of the warm spring waters. The host rock, depending on its content of limey material, may form caves or even collapse as the limey component is flushed out. Collapse features have been noted in outcrop and in new road cuts in the anomaly areas of Flint Canyon. This event makes the rock more permeable and allows even more silica rich waters to flow in. As the waters flush in they begin to deposit silica and iron as jasperoids. Gold deposition can occur as part of this process and, in fact, has at Flint Canyon.
The Cherry Creek district, including Flint Canyon, is cut by very deep seated fault structures. These faults would have provided a very good plumbing system that allowed – mineralizing waters to circulate through the rock column over a large area. In looking at the gold mineralized rock at Flint Canyon, one can see more than one event of silica, iron and likely gold introduction into the rock. Multiple events like this have been known to drive up the gold grade at other projects and may also have done so at Flint Canyon.
Jim MacKenzie, Viscount President and CEO stated: “We are very pleased with completion of the new road and the commencement of the first drill program at Flint Canyon, which we anticipate will validate the soil and rock samples from the previous work programs. Based on the history of Carlin type deposits, we feel it has the potential to host large bodies of mineralization.”
Qualified Persons
The scientific and technical information contained in this news release has been reviewed and approved by Dallas W. Davis, P.Eng, FEC, an independent consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
The exploration and drill programs are being managed by David Tretbar, Summit Exploration’s Executive Vice President, Exploration and Mineral Resources, a Qualified Person as defined by NI 43-101. Mr. Tretbar is a registered Professional Geologist in Arizona (#48036) and a Certified Professional Geologist (CPG #11086) with the American Institute of Professional Geologists. Mr. Tretbar holds a Master’s Degree in Geochemistry from the Mackay School of Mines, University of Nevada Reno.
The Company further announces that it has granted 255,000 stock options to consultants of the Company. The option grants will vest immediately and as per the Company’s Stock Option Plan, the options granted are exercisable until August 8, 2021. Grant of the options is subject to the approval of the TSX Venture Exchange.
About Viscount Mining (TSX VENTURE: VML) (OTCQB: VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 9,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company’s website at www.viscountmining.com
About Sumitomo Corporation
Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry. Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA. For more information about Sumitomo Corporation, visit www.sumitomocorp.co.jp
ON BEHALF OF THE BOARD OF DIRECTORS
“Jim MacKenzie”
President, CEO and Director
For further information, please contact:
Viscount Investor Relations
Phone: 604-960-0535
Email: info@viscountmining.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
The 1st mos. of drilling is almost complete at Cherry Creek, Nevada in the Flint Canyon portion of that project. Drilling at the Silver Cliff Colorado Project is expected to commence by or before month end October following up Hecla-Tenneco's historical resource drilling of the 1980's. Aside from VML/VLMGF's web-site, below is a helpful overview.
(TSX VENTURE: VML) (OTCQB: VLMGF) Viscount Mining is an exploration company with 2 significant drill projects in prime locations in the Western United States, one primarily for gold in Nevada and the other for silver in Colorado. A history of previous news releases are posted on the forum for your perusal.
The 1st project is their Cherry Creek, Nevada Gold Project that commenced being drilled Sept. 7th, 2016 with $30+ Bn EARN IN PARTNER Sumitomo Corp.
Cherry Creek is comprised of more than 9,000 acres and is surrounded by Newmont Mining (NYSE: NEM) and McEwen Mining (NYSE:MUX).
This ground was only recently consolidated into single ownership by Viscount from 5 families that held approx 3,000 of its acres back as far as the 1850's.
There is a unique earn in agreement with Sumitomo and of note, this is their only North American exploration project. (http://www.sumitomocorp.co.jp/english/business/)
The land package here includes 20 past producing mines: Mascot, Chief of Hill, Big Giant, Little Giant, Ben Butler, Exchequer, Imperial/ New Century, Star Mine, Filmore, Ticup / Motherlode, Pick & Gad, Gray Eagle, National Mine, Old Imperial, Blue Bird, Only Chance, Silver Creek, and the Logan Mine.
Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement.
Cherry Creek offers investors a superior jurisdiction with its optimal positioning in Nevada, the largest gold producing region in the US with 73% of all US gold production in 2014. Nevada is now ranked as the 4th largest gold producing jurisdiction in the world.
Viscount c/o its Earn In Agreement bears zero expenditure at Cherry Creek giving Viscount significant financial flexibility de-risking its stock from high expenditures and the need to raise funding.
Viscount's 2nd project is their 100% owned Silver Cliff, Colorado Project that is slated for drilling October - November, 2016. "While Sumitomo manages the Cherry Creek property, Viscount is completing phase 1 exploration of Silver Cliff which is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
Silver, gold, and base metal production came from numerous mines during the late 1800s. The property again underwent substantial drilling in the 1980s by Hecla Mining and Tenneco, resulting in a historic pre-feasibility study, which led to the Company's decision to put the property into production.
Subsequently a change of control and direction at Tenneco led to the stalling of the partnership and the project has been halted until present day when Viscount negotiated terms and resurrected the project thanks to access of historical records.
The goal of pending drilling is to confirm the estimated 50 million ounce historical silver resource that reported grades as high as 2,215 g/t silver and 9.06 g/t gold. If Viscount is able to verify the accuracy of this historical resource, then its certainly large enough to move the needle for a major silver producer should Viscount choose to go the Earn in and/or JV route on it.
In late March 2016, prior to the completion of a 2 stage $2.3 M CDN Financing in June, 2016 at $0.50 CDN per share, an introductory article came out from well regarded mining and geologist commentarist Gwen Preston entitled “ Sumitomo’s quest for gold via Viscount’s Cherry Creek” http://bit.ly/1Vk1MuD . Initiation of research coverage commenced August 10th and August 22nd, 2016 and can be read cutting and pasting the following links http://bit.ly/2bLkZ59 and http://bit.ly/2buei6A into your browser. These are extremely helpful for Due Diligence.
For specific information regarding the above noted properties and other corporate info., visit the Company's website at www.viscountmining.com
See https://en.wikipedia.org/wiki/Silver_mining_in_Colorado for general historical information on mining in Colorado and https://binged.it/2cXXk3S to find Silver Cliff on a map of Colorado.
About Cherry Creek Earn In Partner Sumitomo Corporation
Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry. Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA.
Sumitomo operates through five business segments:
1. Metal Products, Transportation & Construction Systems
2. Environment & Infrastructure
3. Media, Network, Lifestyle Related Goods & Services
4. Mineral Resources, Energy, Chemical & Electronics
• Global Revenue of $38.92B – EBITDA: $2.09B – Cash on hand: 8.12B
• Sumitomo has a market cap of $13.65B
• Sumitomo worldwide workforce is 66,860 (As of March 31, 2016)
• Operates in 66 countries with 110 offices
For more information about Sumitomo Corporation, visit http://www.sumitomocorp.co.jp/english/business/
VML mention in Resource world Magazine plus other great gold articles on sector etc.
http://resourceworld.uberflip.com/i/712968-resource-world-aug-sept-2016-vol-14-iss-5
http://www.investors.com/etfs-and-funds/etfs/record-gold-demand-driven-by-the-west-fuels-mining-funds-in-2016/?yptr=yahoo
http://www.kitco.com/news/2016-08-09/Perfect-Storm-Brewing-For-Gold-s-Multi-Year-Bull-Market-Diego-Parrilla.html August 9, 2016
http://www.kitco.com/news/video/show/Kitco-News/1327/2016-08-09/Theres-Still-REAL-Value-in-Gold-in-Todays-Market---Greg-Weldon August 9, 2016
http://www.cnbc.com/2016/08/11/this-chart-shows-why-gold-is-about-to-break-out-trader.html
http://kingworldnews.com/rick-rule-i-have-only-seen-the-stunning-event-that-has-just-taken-place-twice-in-my-lifetime/ August 4, 2016
http://www.marketslant.com/articles/fomc-meeting-golds-gonna-go
July 27, 2016
http://www.bloomberg.com/news/articles/2016-05-16/billionaire-soros-cuts-u-s-stocks-by-37-buys-gold-producer
May 16, 2016
Educational:
https://en.wikipedia.org/wiki/Gold_mining_in_Nevada
https://en.wikipedia.org/wiki/Silver_mining_in_Nevada
Good 3rd Party Overview Article – Note that while there’s been some buzz building about Gold Standard Ventures Corp. (TSXV: GSV))...., Viscount Mining Corp. (TSXV: VML) could also attract investor attention ...given that its Cherry Creek property on the Pequop trend is comprised of more than 9,000 acres and includes more than 20 past producing mines. The Resource Maven - Gwen Preston : “ Sumitomo’s quest for gold via Viscount’s Cherry Creek” http://bit.ly/1Vk1MuD
https://www.streetwisereports.com/pub/na/sumitomos-quest-for-more-gold-could-start-with-viscount-mining#.VvBcT4XGpi8.email
1-2 punch with Nevada Gold Au Project & Colorado Silver Ag Project both likely being drilled starting in August.
Viscount Commences Exploration Program at Silver Cliff, Colorado
2016-07-06 06:08 PT - News Release VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/06/16
Viscount Mining Corp. (TSX VENTURE:VML)(OTCQB:VLMGF) ("Viscount" or "the Company"), is pleased to announce the Phase 1 exploration program at the Silver Cliff Property (the "Property") in Colorado will begin by identifying historic drill collar locations, surface sampling, detailed geologic mapping, geophysics, and geochemistry. The Company will begin drilling later this year for the confirmation of the historical geological work and resource estimation, to substantiate the value of Silver Cliff.
The Company has access to data including locations of historic resource estimates, drill holes, old mines, and exploration targets. Target models for the Property provided in the available information include near-surface blanket-style mineralization and high grade vein deposits which remain generally untested.
"We are very excited to have our geological team on the ground to confirm and build on the historical reserve," said Jim MacKenzie, President & CEO of Viscount. "We feel that Silver Cliff has the potential for one or more world-class silver deposits that could be defined within the existing claims."
About Silver Cliff Property
The Silver Cliff property lies within the historic Hardscrabble Silver District in Colorado. The Property consists of 96 lode claims where high grade silver, gold and base metal production came from numerous mines during the period 1878 to 1894. It is located 44 miles WSW of Pueblo Colorado and has year-around access by paved road. The property underwent substantial exploration between 1967 and 1984 for the purpose of defining mineral inventories. The major explorers were Freeport, Hecla, Homestake, Moly Corp, Coca Mines and Tenneco Minerals.
Silver Cliff is thought to overlie a large caldera and porphyry system which increases the prospect's potential to host a number of deposits from both precious metals to base metals. This has been demonstrated in the mineralogy and grade historically extracted from numerous underground mining operations dating back to the late 1800s and early 1900s.
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 likely the ultimate controls for the emplacement of these mineralized bodies. This indicates that follow-up drill programs need to include angle holes which will cut these mineralized structures, potentially upgrading the deposits.
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. Known historical silver grades range from below detection to a high of 2,125 g/t (68 o/t) Ag over 13.4 metres. Known historical gold grades range from below detection to a high of 9.06 g/t (0.29 o/t) Au over 1.2 metres. Plans were halted due to the restructuring of Tenneco after it was sold.
In this first phase, the Company has an exploration target of 40 to 50 million ounces of silver. However, potential quantity and grade is conceptual in nature, as there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
Qualified Persons
Mark J. Abrams, M.Sc., P.G., R.G., C.P.G., an independent consulting geologist who is a "Qualified Person" reviewed, prepared and supervised the preparation or approval of the scientific and technical content in the news release as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101").
About Viscount Mining (TSX VENTURE:VML)(OTCQB:VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 10,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim MacKenzie"
President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Contacts:
Viscount Investor Relations
604-960-0535
info@viscountmining.com
www.viscountmining.com
© 2016 Canjex Publishing Ltd. All rights reserved.
PRESS RELEASE June 23, 2016
Viscount Mining Closes Final Tranche of Oversubscribed $2.3 Million Private Placement
VANCOUVER, Canada –- Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or the “Company”) is pleased to announce that it has closed the second and final tranche of the Brokered Private Placement led by Gravitas Securities Inc. ("GRAVITAS") and previously announced in its news release of April 25, 2016, (the "Private Placement") raising gross proceeds, with the first tranche which closed on May 31, 2016, of $2,300,000 from the issuance and sale of 4,600,000 Units at a price of $0.50 per Unit.
Each Unit consists of one (1) common share ("Common Share") of the Company and one (1) share purchase warrant ("Warrant"). No new insiders were created, nor any change of control occurred, as a result of this Private Placement.
Each Warrant will entitle the holder to acquire one (1) Common Share at an exercise price of $0.70 for a period of 24 months from the closing date of the Private Placement. In the event that the Company's common shares trade at a closing price on the Exchange of greater than $0.85 per share for a period of 20 consecutive trading days at any time after the closing date, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof and in such case the Warrants will expire on the 30th day after the date hereafter referred to as the ("Eligible Acceleration Date") on which such notice is given by the Company.
These Common Shares and Warrants issued under the second tranche of the Private Placement will be subject to a four month and one day resale restriction expiring October 24, 2016.
GRAVITAS acted as agent for and on behalf of Viscount and is entitled to an Agency Fee of 7% of the cash received from the sale of the Units to certain subscribers, and Compensation Warrants equal to 7% of the aggregate number of Units issued to certain subscribers, exercisable into Common Shares at an exercise price of $0.70 until June 23, 2018.
The Company intends to use the net proceeds of the Private Placement for the advancement of the Company's 100%-owned Silver Cliff property in Colorado and for general working capital. Viscount plans to use a cost- effective exploration program with surface sampling, detailed geologic mapping, geophysics, geochemistry, and drilling for the confirmation of the historical geological work and resource estimation, to substantiate the value of Silver Cliff. The Company will also be evaluating new project opportunities as part of its prospect generator business model.
Kaare Foy, Chairman commented, "We are very pleased with the wide level of support investors have in Viscount and the Private Placement. As a result of the successful closing of the second tranche, we have the funding required to advance and expedite the exploration of Silver Cliff. This financing is a major milestone for Viscount as it continues to build shareholder value and advance its flagship assets with both Cherry Creek and Silver Cliff."
About Gravitas Securities Inc.
Gravitas Securities Inc. ("GRAVITAS"), known for sophisticated sector expertise, tactical individuals with a commitment to excellence, global integration and innovation, is a leading independent, internationally owned and operated wealth management and capital markets firm. GRAVITAS provides a wide range of investment mandates and services for retail, institutional and corporate clients globally from offices in Toronto, Vancouver, Calgary and is represented in the United States through its FINRA representative, Gravitas Capital International, in New York and San Francisco.
About Viscount Mining (TSX VENTURE: VML) (OTCQB: VLMGF)
Viscount Mining Corp. is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 10,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a bankable feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com
ON BEHALF OF THE BOARD OF DIRECTORS
“Jim MacKenzie”
President, CEO and Director
For further information, please contact:
Viscount Investor Relations
Phone: 604-960-0535
Email: info@viscountmining.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Interesting history KJ. Reposted what you sent here to share when others show up to read up like we are.
Take care man.
This absolutely is another fractionalized land play happening right smack in Nevada's Au Ag mining sweet spot. Could be a similar playbook to TSX/NYSE GSV Gold Standard Resources further along. Here there's significant patented land consolidated into one big parcel starting with the 1st key 2600 acres that has 20 former producing mines in it. GSV did not have that not even close. that is important.
NYSE/TSX GSV Gold Standard Resources didn't start with 20 former producers on the Railroad Property but were smack where you want to be in Nevada. This is too. GSV has what 200 M shs out presently at $2.24 per share? VLMGF/VML is starting out with approx 56 M fully diluted trading here now in the $0.60 -$0.65 USD per share range.
5 families owned it all as far back as the 1850's and because they weren't good neighbors, total Hadfield McCoy story, many mining co's couldn't get a deal don until now. Rumors to be confirmed yet are that over the years Agnico Eagle, Newmont, Sumitomo and others gave it a shot and failed where Viscount closed the deal. How do Canadian mining Execs. work their magic like they do?
Jay Taylor – TAYLOR HARD MONEY ADVISORS, Sumitomo……made it known to Viscount in the fall of 2015 that the Flint Canyon area of Cherry Creek exhibits alteration and mineralization characteristic of Carlin-type gold deposits, and has made “Flint Canyon is a very high priority target area” in 2016. Outside of Flint Canyon, on February 4, 2016, Viscount Mining reported what it called “large intervals of silver mineralization,” which included 27.5 metres of 52.0 grams per tonne (g/t) silver.
Future upside for this Company could come from its Silver Cliff Project in Colorado, which lies within a silver district where numerous mines produced high-grade silver during 1878 to 1894, and between 1967 and 1984, more than 350 holes were drilled on the property. Thus, Viscount seems to be positioning itself smartly as a prospect generator and should be one to watch if the precious metals market continues to improve. For more insight on Viscount Mining see Jay Taylor’s commentary here >>
Good to learn about Nevada’s Mining Sector check out https://en.wikipedia.org/wiki/Gold_mining_in_Nevada
and
https://explorationinsights.com/MediaLib/Downloads/Home/Geologic_Overview_of_Carlin_Deposits_2002.pdf
Posted on Small Cap Power
Viscount Mining (TSXV: VML): Why it Could Be Nevada’s Next Talked About Precious Metals Story
March 21, 2016 Sean Mason SmallCapPower: To paraphrase an old mining adage, if want to find a big discovery go to where other big discoveries have been found. If it’s gold and silver you’re looking for, then, Nevada would be a great place to start.
Nevada mines about 80% of all the gold produced in United States. Much of that gold comes from the Carlin trend in the northern part of the state. But there’s another Nevada trend, Pequop, that’s smaller but could still be lucrative for those companies exploring and drilling there.
About one third of Newmont Mining’s (NYSE: NEM) global gold production comes from Nevada, and the gold giant thinks so highly of Pequop’s potential that it stepped up with a $2 billion plus purchase of Fronteer Gold’s Long Canyon Project there back in 2011.
While there’s been some buzz building about Gold Standard Ventures Corp. (TSXV: GSV), with its large land holding on the Carlin Trend, following investments from both Goldcorp and OceanaGold (See more insight here), Viscount Mining Corp. (TSXV: VML) could also attract investor attention in the coming months given that its Cherry Creek property on the Pequop trend is comprised of more than 9,000 acres and includes more than 20 past producing mines.
Thanks to an exploration earn-in agreement with Sumitomo Corporation, .... the Japanese integrated trading and investment company can earn in up to a 75% interest in Cherry Creek by producing a feasibility study as well as spending a minimum of US$10 million in exploration and development expenses .......
By entering into this agreement, Viscount Mining has managed to keep its issued and outstanding shares at a relatively modest 35.2 million, yet is able to continue to explore and drill the property, thanks to Sumitomo. Summit Mining Exploration, Sumitomo’s wholly-owned subsidiary, made it known to Viscount in the fall of 2015 that the Flint Canyon area of Cherry Creek exhibits alteration and mineralization characteristic of Carlin-type gold deposits, and has made
“Flint Canyon is a very high priority target area” in 2016......
Future upside for this Company could come from its Silver Cliff Project in Colorado, which lies within a silver district where numerous mines produced high-grade silver during 1878 to 1894, and between 1967 and 1984, more than 350 holes were drilled on the property. Thus, Viscount seems to be positioning itself smartly as a prospect generator and should be one to watch if the precious metals market continues to improve.....
http://smallcappower.com/top-stories/jay-taylor-puts-buy-recommendation-on-viscount-mining-corp-tsxv-vml-stock/
Whoa Sumitomo Corp https://en.wikipedia.org/wiki/Sumitomo_Corporation
https://en.wikipedia.org/wiki/Sumitomo_Group
SMFG Sumitomo Mitsui Financial Group, Inc. 6.02 Stock Foreign Regional Banks NYQ
SSUMY Sumitomo Corporation 9.85 Stock PNK
SMTOY Sumitomo Electric Industries Ltd. 13.60 Stock PNK
SSUMF Sumitomo Corporation 9.80 Stock PNK
SMFNF Sumitomo Mitsui Financial Group, Inc. 28.85 Stock PNK
NISTF NIPPON STEEL & SUMITOMO METAL CORPORATION 19.14 Stock PNK
CMTDF Sumitomo Mitsui Trust Holdings, Inc. 3.30 Stock PNK
SUTNY Sumitomo Mitsui Trust Holdings, Inc. 3.33 Stock PNK
SOMMY Sumitomo Chemical Co. Ltd. 22.29 Stock PNK
SOHVF Sumitomo Heavy Industries, Ltd. 4.59 Stock PNK
SMTOF Sumitomo Electric Industries Ltd. 13.44 Stock PNK
SMMYY Sumitomo Metal Mining Co., Ltd. 9.86 Stock PNK
SMFRF SUMITOMO FORESTRY CO 13.75 Stock PNK
SMCKF Sumitomo Mitsui Construction Co. Ltd 1.05 Stock PNK
NSSMY NIPPON STEEL & SUMITOMO METAL CORPORATION 18.92 Stock PNK
DNPUY Sumitomo Dainippon Pharma Co., Ltd. 43.50 Stock PNK
SSM1.F SUMITOMO HEAVY IND 3.95 Stock Diversified Machinery FRA
MIU.F SUMITOMO MITSUI T H 3.00 Stock Money Center Banks FRA
SU2.DU SUMITOMO OSAKA 3.28 Stock General Building Materials DUS
SMM.F SUMITOMO CHEM 3.94 Stock Chemicals - Major Diversified FRA
Sumitomo Group
Sumitomo Rubber Industries
Sumitomo Chemical
Sumitomo Corporation
Sumitomo Metal Industries
Sumitomo Mitsui Banking n
Sumitomo Electric Industries
Business Summary
Sumitomo Metal Mining Co., Ltd., together with its subsidiaries, engages in mining, smelting and refining, semiconductor and advanced materials manufacturing, and other businesses in Japan and internationally.
The company operates through three segments: Mineral Resources, Smelting & Refining, and Materials. The Mineral Resources segment is involved in the exploration, development, production, and sale of non-ferrous metal resources, such as copper, nickel, gold, and zinc/lead.
The Smelting & Refining segment smelts, refines, and sells copper, nickel, ferro-nickel, zinc, and lead; and precious metals, such as gold, silver, and platinum.
The Materials segment manufactures, processes, and sells semiconductor materials, including lead frames; and tape materials, such as copper-clad polyimide film and chip-on-film substrates, as well as advanced materials, such as pastes, powder materials, battery materials, and crystalline materials.
This segment also offers automotive exhaust processing catalysts, chemical catalysts, petroleum refinery and desulfurization catalysts, and autoclaved lightweight concrete products; construction materials; and surface treatment of metal products. The company also engages in the technical engineering and real estate business.
The company was formerly known as Seika Kogyo (Mining) Co., Ltd. and changed its name to Sumitomo Metal Mining Co., Ltd. in June 1952. Sumitomo Metal Mining Co., Ltd. was founded in 1590 and is headquartered in Tokyo, Japan.
The Resource Maven - Gwen Preston:
“ Sumitomo’s quest for gold via Viscount’s Cherry Creek”
Cut and paste bit.ly/1Vk1MuD into your browser or go to https://www.streetwisereports.com/pub/na/sumitomos-quest-for-more-gold-could-start-with-viscount-mining#.VvBcT4XGpi8.email
Note that while there’s been some buzz building about Gold Standard Ventures Corp. (TSXV: GSV), with its large land holding on the Carlin Trend, following investments from both Goldcorp and OceanaGold (See more insight here), Viscount Mining Corp. (TSXV: VML) could also attract investor attention in the coming months given that its Cherry Creek property on the Pequop trend is comprised of more than 9,000 acres and includes more than 20 past producing mines.
About Viscount Mining (TSX VENTURE: VML) (OTCQB: VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 9,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com
About Sumitomo Corporation
Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry. Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA. For more information about Sumitomo Corporation, visit www.sumitomocorp.co.jp
Struthers Report V22 # 10.2 Short Barometer, Gold CNL ZON, VML AAN
Struther's Resource Stock Report
2772 Henderson Road RR#1 Arden Ontario K0H 1B0
Editor: Ron Struthers
Investment Opportunities & Strategies in the Markets for Tomorrow
Learn successful investing in stocks, options, commodities and gold, latest financial ... Struther's Report/Resource Stock Advisory emailed and in the Members ...
Recent Interviews
Ron Struthers: The Juniors Are Forging the Path Forward
Is the bear market in mining equities finally over? It looks that way, says Ron Struthers, publisher and editor of Struthers' Resource Stock Report. In this interview with The Gold Report, Struthers explains what distinguishes this recovery from past ones: TSX Venture Exchange stocks, not the majors, are leading the way. But which juniors should investors favor? Struthers names several with proven management, ample funding and good share structures.
Ron Struthers: Are Gold Equities on the Cusp of an Upswing?
It is like a carrot on a stick for small-cap mining investors: the promise that we have finally hit bottom and prices will rise again for gold and mining stocks. That time is almost here, according to Ron Struthers, the publisher and editor of Struthers' Resource Stock Report. In this interview with The Gold Report, Struthers discusses how a run on bullion banks has played with the gold price and which indicator is telling him things are about to move. If Struthers' forecast is right, the gold market could be on the cusp of one of its best corrections yet.
Recent Quotes
"VML stock responded well to drill results from Cherry Creek showing moderate to high-grade silver mineralization."
— Ron Struthers, Struthers Resource Stock Report (2/5/16)
more >
"VML was one of the best performers on my selection list."
— Ron Struthers, Struthers Resource Stock Report (1/4/16)
more >
"VML is one mining stock that is kicking bear butt."
— Ron Struthers, Struthers Resource Stock Report (11/2/15)
Viscount Mining Corp.
http://www.viscountmining.com/
Viscount Mining is a project generator building a portfolio of high quality exploration properties in friendly mining jurisdictions in the United States. CHERRY ...
June 22nd, 2016 6:20 am PST Approx.
Viscount Announces BLM Approval for Drill Pads and New Road Construction at Flint Canyon, Cherry Creek, NV - Marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 22, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(VLMGF) ("Viscount" or "the Company"), is pleased to announce the Company has now received approval at Flint Canyon for new drill hole pad locations, sumps, and road construction under a Notice of Intent ("NOI") submitted to the Nevada Bureau of Land Management ("BLM") earlier this spring. With this approval Viscount will have a 7,046 ft. new road, with Phase 1 of the 2016 RC drill program which will consist of approximately 18 holes for 4,380m (14,366 feet) starting at Flint Canyon scheduled for early August.
About Flint Canyon
The 2015 mapping at Flint Canyon found the area to be much more complexly faulted than previously indicated on the Adair 1961 geologic base map. Summit's mapping program found that east-west orientated faults and fractures, which are important ore controlling structures at the Ticup and Star Mines, also occur in the area. The Flint Canyon area contains highly dissected fault blocks of the Dunderberg Shale with the underlying Marjum Limestone and overlying Notch Peak Limestone. The Pogonip Formation overlies the Notch Peak and both units are important host rocks for Carlin-type gold mineralization in east-central Nevada.
Jasperoid occurrences in Nevada are extremely significant in context to Carlin-type gold deposits and mineralized jasperoid outcrops are common throughout the Flint Canyon area. They occur principally along the base of the Dunderberg Shale but other outcrops are found along Pogonip-Notch Peak contact. Many major gold discoveries have been made based on the presence of outcropping, weakly mineralized jasperoid hosted in and along bedding contacts of carbonate rocks. At Flint Canyon, jasperoid is found in the same carbonate rocks that are prolific host rocks at nearby large gold deposits (Newmont Mining-Long Canyon).
The jasperoid beds, interpreted as west dipping tabular features, occur along the base of the Dunderberg Shale and within the Pogonip group limestone. Summit's geological team indicated that the Dunderberg Shale is generally recessive and is exposed mainly along the outcropping contacts with more competent rocks. The Dunderberg appears to be moderately altered throughout its distribution, and at Flint Canyon it experienced widespread and significant alteration by hydrothermal fluids. The underlying Marjum Limestone is usually competent and unaltered, while the overlying Pogonip exhibits variable alteration.
Jim MacKenzie, Viscount President and CEO stated: "We are very excited that phase 1 of this year's drill program is starting at the Flint Canyon area which exhibits alteration and mineralization characteristic of Carlin-type gold deposits."
Qualified Persons
The exploration and drill programs are being managed by David Tretbar, Summit Exploration's Executive Vice President, Exploration and Mineral Resources, a Qualified Person as defined by NI 43-101. Mr. Tretbar is a registered Professional Geologist in Arizona (# 48036) and a Certified Professional Geologist (CPG # 11086) with the American Institute of Professional Geologists.
Mark J. Abrams, M.Sc., P.G., R.G., C.P.G., an independent consulting geologist who is a "Qualified Person" reviewed, prepared and supervised the preparation or approval of the scientific and technical content in the news release as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101").
About Viscount Mining (TSX VENTURE:VML) (VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 9,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com.
About Sumitomo Corporation
Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry. Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA. For more information about Sumitomo Corporation, visit www.sumitomocorp.co.jp.
ON BEHALF OF THE BOARD OF DIRECTORS
Jim MacKenzie, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Contact:
Viscount Investor Relations
604-960-0535
info@viscountmining.com
June 2, 2016 9:12 AM
Viscount Adds Mine Engineer to Technical Advisory Board - Marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 2, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(VLMGF) ("Viscount" or the "Company") is pleased to announce that engineer and mining executive Ian R. Harris has consented to join the Company's technical advisory board.
"Viscount is extremely pleased to have an engineer with the experience and abilities of Mr. Harris join its Technical Advisory Board," said Jim MacKenzie, President & CEO of Viscount. "Ian will be an excellent source of advice as the Company advances its Silver Cliff property. We welcome Mr. Harris and look forward to his valued contribution as the newest member of our team."
Mr. Harris is a bilingual mining engineer with over 20 years of experience in the mining industry including 10+ years working in South America with companies such as Asarco LLC, Corriente Resources, AEP and Washington Group International. Mr. Harris has spent the last two years as CEO of AMAK Mining, the first operating private mining company in the Kingdom of Saudi Arabia.
Mr. Harris has managed all phases of the mining cycle, in diverse areas including general management, project development, project management, field operations, engineering, financing, and operations supervision and optimization. He has demonstrated the ability to achieve results in difficult environments, such as the Middle East, Venezuela, Ecuador and Bolivia.
Mr. Harris successfully led a campaign to reactivate Corriente Resources mining operations in Ecuador after a three-year suspension by successfully navigating through a new constitution, and a new mining law. Under his leadership Corriente's mining projects were designated national strategic projects and the first to start and finalize contract negotiation for construction of the first industrial scale mining projects in Ecuador. His achievements led to the sale of Corriente to Tongling Nonferrous Metals Group Holding Co., Ltd. for $690M.
Mr. Harris stated, "I am very pleased to join the Company's advisory board. I am excited to be assisting in the continued advancement of the Company's activities in Nevada and the Silver Cliff property in Colorado."
More About Viscount Mining (TSX VENTURE:VML)(VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 10,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a bankable feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Jim MacKenzie, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Contact:
Viscount Investor Relations
604-960-0535
info@viscountmining.com
www.viscountmining.com
May 31, 2016 5:12 PM
Viscount Private Placement Update - Marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 31, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(OTCQB:VLMGF) ("Viscount" or the "Company") is pleased to announce that it has closed today the first tranche of the Brokered Private Placement previously announced in its news release of April 25, 2016, (the "Private Placement") raising gross proceeds of $1,225,000 from the issuance and sale of 2,450,000 Units at a price of $0.50 per share. Each Unit consists of one (1) common share ("Common Share") of the Company and one (1) share purchase warrant ("Warrant").
Each Warrant will entitle the holder to acquire one (1) Common Share at an exercise price of $0.70 for a period of 24 months from the closing date of the Private Placement. In the event that the Company's common shares trade at a closing price on the Exchange of greater than $0.85 per share for a period of 20 consecutive trading days at any time after the closing date, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof and in such case the Warrants will expire on the 30th day after the date hereafter referred to as the ("Eligible Acceleration Date") on which such notice is given by the Company.
These Common Shares and Warrants issued under the Private Placement will be subject to a four month and one day resale restriction expiring October 1st, 2016 for the first tranche.
Gravitas Securities Inc. ("GRAVITAS") acted as agent for and on behalf of Viscount and is entitled to an Agency Fee of 7% of the cash received from the sale of the Units to certain subscribers, and Compensation Warrants equal to 7% of the aggregate number of Units issued to certain subscribers, exercisable into Common Shares at an exercise price of $0.70 until May 31, 2018.
The Private Placement remains subject to the final approval of the TSX Venture Exchange.
The Company intends to use the net proceeds of the Private Placement for the advancement of the Company's 100%-owned Silver Cliff property in Colorado. Viscount plans to substantiate the mineral inventories through surface sampling and core drilling followed by an evaluation of deposit(s) potential through geophysical surveys, offset drilling and detailed geological mapping. Once this is completed a report will be generated to substantiate the value of the Silver Cliff Property.
Jim MacKenzie, CEO, commented, "We are pleased with the strong investor support for this financing, which strengthens Viscount's balance sheet and allows for advancement of the Company's 100%-owned Silver Cliff property in Colorado."
About Gravitas Securities Inc.
Gravitas Securities Inc. ("GRAVITAS") is a full service investment dealer platform registered with IIROC and headquartered in Toronto. Gravitas provides comprehensive investment banking services, retail advisory and private client portfolio management.
About Viscount Mining (TSX VENTURE:VML)(VLMGF)
Viscount Mining Corp. is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 10,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a bankable feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Jim MacKenzie, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Contact:
Viscount Investor Relations
604-960-0535
info@viscountmining.com
www.viscountmining.com
April 25, 2016 9:12 AM
Viscount Announces $2 Million Private Placement to Advance Silver Cliff - Marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 25, 2016) - Viscount Mining Corp. (TSX VENTURE:VML) (OTCQB:VLMGF) ("Viscount" or "the Company") is pleased to announce a Brokered Private Placement (the "Private Placement") and has engaged Gravitas Securities Inc. ("GRAVITAS" or the "Agent") to complete a best efforts private placement to fund an assessment of its Silver Cliff property in Colorado.
The private placement is for 4,000,000 units (each "Unit") at a purchase price of $0.50 per Unit, for aggregate gross proceeds to the Company of up to $2,000,000. Each Unit consists of one (1) common share ("Common Share") of the Company and one (1) non-transferable share purchase warrant ("Warrant").
Each Warrant will entitle the holder to acquire one (1) Common Share at an exercise price of $0.70 for a period of 24 months from the closing date of the Private Placement. In the event that the Company's common shares trade at a closing price on the Exchange of greater than $0.85 per share for a period of 30 consecutive trading days at any time after the closing date, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof and in such case the Warrants will expire on the 30th day after the date hereafter referred to as the ("Eligible Acceleration Date") on which such notice is given by the Company. The private placement is subject to TSX Venture Exchange approval. There will be a hold period of four months and one day on all securities issued under this financing.
Gravitas Securities Inc. ("GRAVITAS") has agreed to act as agent for and on behalf of Viscount with the proposed best efforts private placement offering, and is entitled to an Agency Fee of 7% of the cash received from the sale of the Offered Securities, and Broker Warrants equal to 7% of the aggregate number of Common Shares issued, on the same terms as the Warrants acquired by subscribers to the offering.
The Company intends to use the net proceeds of the Private Placement for the advancement of the Company's 100%-owned Silver Cliff property in Colorado. Viscount Mining Corp plans to substantiate the mineral inventories through surface sampling, and core drilling followed by an evaluation of deposit(s) potential through geophysical surveys, offset drilling and detailed geological mapping. Once this is completed a report will be generated to substantiate the value of the Silver Cliff Property.
Kaare Foy, Viscount Chairman stated: "Following the signing of an earn-in agreement with Sumitomo Corporation of Japan for our Cherry Creek Nevada property in 2015, and the continued work program, the Company feels we are in a suitable position to start advancing the Silver Cliff property in Colorado with this financing."
About Silver Cliff Property
The Silver Cliff property lies within the historic Hardscrabble Silver District, and consists of 96 lode claims where high grade silver, gold and base metal production came from numerous mines during the period 1878 to 1894. It is located 44 miles WSW of Pueblo Colorado and has year-around access by paved road. The property underwent substantial exploration between 1967 and 1984 for the purpose of defining mineral inventories. The major explorers were Freeport, Hecla, Homestake, Moly Corp, Coca Mines and Tenneco Minerals.
Silver Cliff is thought to overlie a large caldera and porphyry system which increases the prospect's potential to host a number of deposits from both precious metals to base metals. This has been demonstrated in the mineralogy and grade historically extracted from numerous underground mining operations dating back to the late 1800s and early 1900s.
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 the ultimate controls for the emplacement of these mineralized bodies. This indicates that follow-up drill programs need to include angle holes which will cut these mineralized structures, potentially upgrading the deposits.
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. Known historical silver grades range from below detection to a high of 2,125 g/t (68 o/t) Ag over 13.4 metres. Known historical gold grades range from below detection to a high of 9.06 g/t (0.29 o/t) Au over 1.2 metres. Plans were halted due to the restructuring of Tenneco after it was sold.
In the first phase, the Company has an exploration target of 40 to 50 million ounces of silver. However, potential quantity and grade is conceptual in nature, as there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
Qualified Persons
Mark J. Abrams, M.Sc., P.G., R.G., C.P.G., an independent consulting geologist who is a "Qualified Person" reviewed, prepared and supervised the preparation or approval of the scientific and technical content in the news release as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101").
About Viscount Mining (TSX VENTURE:VML) (VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 10,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com
ON BEHALF OF THE BOARD OF DIRECTORS
Jim MacKenzie, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Contact:
Viscount Mining Corp.
Viscount Investor Relations
604-960-0535
info@viscountmining.com
April 6, 2016 9:28 AM
Viscount Announces 2016 Work Program at Cherry Creek, Nevada
Viscount's Flint Canyon area exhibits alteration and mineralization characteristic of Carlin-type gold deposits Drilling budgeted for 32 holes at 24,000 feet or 7320 m - Marketwired Viscount Mining Corp.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 6, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(VLMGF) ("Viscount" or "the Company"), is pleased to announce the 2016 work program which will commence shortly on the Cherry Creek Property, Nevada. The program will be conducted by Summit Mining Exploration, Inc. ("Summit"), a wholly owned subsidiary of Sumitomo Corporation. The Cherry Creek Mining Property is located in White Pine County approximately 56 miles or 90km north of Ely, NV. The district has a long history of gold, silver, lead, zinc and tungsten production from high-grade vein and replacement deposits.
This program follows up on the successful 2015 work program on Flint Canyon about which Summit stated, "Flint Canyon is a very high priority target area for 2016" as was indicated in the Viscount new release from October 29, 2015.
Kaare Foy, Viscount Chairman stated: "We have a great exploration partner with Sumitomo Corporation and are encouraged with the 2015 work program results. In 2016 we will be working in two very prolific gold and silver jurisdictions and expect it to be a very exciting year for Viscount shareholders."
Flint Canyon 2016 Work Program
The Flint Canyon area contains highly dissected fault blocks of the Dunderberg Shale and is generally recessive with the underlying Marjum Limestone and overlying Notch Peak Limestone. The Dunderberg shale appears to be moderately altered throughout its distribution at Cherry Creek, and at Flint Canyon it experienced widespread and significant alteration by hydrothermal fluids. The Flint Canyon jasperoid and carbonate rock chip samples from 2015 work program are highly anomalous in gold mineralization.
At Flint Canyon, the Pogonip Formation overlies the Notch Peak and both units are important host rocks for Carlin-type gold mineralization in east-central Nevada. Jasperoid occurrences in Nevada are significant in context to Carlin-type gold deposits and mineralized jasperoid outcrops are common throughout the Flint Canyon area. They occur principally along the base of the Dunderberg Shale but other outcrops are found along Pogonip-Notch Peak contact. Many major gold discoveries have been made based on the presence of outcropping, weakly mineralized jasperoid hosted in and along bedding contacts of carbonate rocks. At Flint Canyon, jasperoid is found in the same carbonate rocks that are prolific host rocks at Newmont Mining's nearby Long Canyon gold deposit.
The program is as follows:
Continue soil sampling program on the standard 75 m by 75 m grid. Minimum 1,200 samples to cover Flint Canyon and western flank of the mountain range, as well as much of the remainder of the property.
Continuation of geologic mapping and chip sampling. Remap and sample Flint Canyon area in greater detail. Extend mapping up and outward into areas not covered in 2015 program.
Submit plan for permitting of drilling at Flint Canyon.
The drilling will target an area measuring 1 km by 2 km of anomalous gold associated with jasperoid outcrops occurring in carbonate rocks and with nearby Eocene intrusive dikes.
Exchequer/New Century Mines and Star/Grey Eagle Mines 2016 Work Program
Recent mapping and sampling by the project geologists have verified the anomalous gold in this area, from the Star Mine up to and past the Grey Eagle vein which is subparallel to the Exchequer vein. Since the Star structure strikes northwest, it may extend to the Exchequer vein. Therefore, the potential target area extends from the Star Mine to the Exchequer structure. The drill programs will test the possibility of a major deep seated gold-silver and base metals deposit in this general mineralized area. This could become a significant new area with economic grade mineralization. With the possibility of connecting the three past producing mines underground, could mean a significant cost saving in mining if an economic grade deposit is discovered.
The program is as follows:
Satellite imagery - high resolution satellite imaging of the entire property and generation of rectified 1m topography to be loaded to Vulcan and ArcGIS programs.
Detailed mapping and interpretation of faulting and structures and develop a structural & lithological reconstruction model of the Cherry Creek range.
Transfer mapping and sampling data from ArcGIS to the Vulcan program to allow for dimensional geological interpretation and modeling.
Submit drilling plan for permitting at Star/Gray Eagle Mines, and Exchequer/New Century Mines.
Property-wide drilling budgeted for 32 holes at 24,000 feet (7320 m).
Qualified Persons
The scientific and technical information contained in this news release has been reviewed by Mark J. Abrams, M.Sc., P.G., R.G., C.P.G., an independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101").
About Viscount Mining (TSX VENTURE:VML)(VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 10,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com.
About Sumitomo Corporation
Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry. Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA. For more information about Sumitomo Corporation, visit www.sumitomocorp.co.jp.
ON BEHALF OF THE BOARD OF DIRECTORS
Jim MacKenzie, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Contact:
Viscount Investor Relations
604-960-0535
info@viscountmining.com
February 10, 2016 9:07 AM
Viscount Mining Announces Addition of Seasoned Business Executive to Advisory Board - Marketwired Viscount Mining Corp.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 10, 2016) - Viscount Mining Corp. (TSX VENTURE:VML) (OTCQB:VLMGF) ("Viscount" or "the Company"), is pleased to announce that business and mining executive Peter Espig has consented to join the Company's advisory board.
Mr. Espig is active in the mining industry and has functioned in management roles and as a director for numerous mining companies. Mr. Espig is currently CEO and Director of Nicola Mining Inc. Mr. Espig is an experienced turnaround expert with a proven track record in multiple business sectors on a global scale, leveraging experience in the analysis of investment opportunities, raising capital, deal sourcing, financial structuring and growing businesses. Over the past ten years, Mr. Espig has structured over US$2.5 billion in private equity and pre-IPO investment transactions from the principal side.
Mr. Espig started his career in 1991 in Japan when he founded Mandalay Japan, a company that earned praise from institutions, such as the Yamanashi Chamber of Commerce and the Japan Consumer Products Review. Commencing in 2003, Mr. Espig served as Vice-President of the Principal Finance and Securitization Group and Asia Special Situations Group for Goldman Sachs Japan where he was active in deal sourcing, analyzing investment opportunities, balance sheet restructuring corporate turnarounds, IPO's and exit preparations for various corporate and real estate investments in excess of JPY 375 billion.
In August 2006, Mr. Espig founded TriAsia Capital, a private equity and consulting firm focused on raising capital for mid-sized companies and pre-IPO investment and consulting. In December 2006, Mr. Espig then assumed the role of Global Head of Finance for TMT Co, Ltd., Taiwan. As TMT's finance leader he was able to increase profit from $150 MM to in excess of $1.0 BN and oversaw more than 200 employees globally.
Mr. Kaare Foy, Viscount's Chairman, said: "We are fortunate in having Peter join our team. His experience and talent will be invaluable to the Company in its rapid growth phase."
Mr. Espig is considered one of Wall Street's leading experts on SPACs (special acquisition company), including the incorporation of foreign issuer status, legal, structuring, and deSPACing process. He is considered to be a leading capital raiser on Wall Street since 2005. He has advised various groups, including: Renaissance Capital, Maxim Group, Dahlman Rose, Frontline, Goldman Sachs, and various commodity groups on cross-border M&A.
Mr. Espig received a B.A. from the University of British Columbia and in 2003 received his MBA from Columbia Business School where he was honored as a Chazen Society International Scholar and published as an author.
As part of the appointment the Company will grant 100,000 stock options to Mr. Espig. The option grant will vest immediately. As per the Company's Stock Option Plan, the options granted are exercisable until February 10, 2021. Grant of the options is subject to the approval of the TSX Venture Exchange.
About Viscount Mining (TSX VENTURE:VML) (VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 9,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com
About Sumitomo Corporation
Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry. Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA. For more information about Sumitomo Corporation, visit www.sumitomocorp.co.jp/english/
ON BEHALF OF THE BOARD OF DIRECTORS
Jim MacKenzie, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Contact:
Viscount Investor Relations
604-960-0535
info@viscountmining.com
www.viscountmining.com
February 4, 2016 9:07 AM
Viscount Mining Announces Large Intervals of Silver Mineralization with Phase 1 Drill Results - Marketwired Viscount Mining Corp.
http://finance.yahoo.com/news/viscount-mining-announces-large-intervals-140700629.html
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 4, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(VLMGF) ("Viscount" or "the Company"), is pleased to announce assay results of 12 reverse-circulation (RC) holes from the 2015 Phase 1 drilling program at its flagship Cherry Creek Nevada Property (the "Property"), which is currently being managed and funded by Summit Mining Exploration Inc. ("Summit"), a wholly-owned US subsidiary of Sumitomo Corporation, under the first year of an Exploration-Earn In Agreement. The drilling was designed to test rock chip and soil silver and base metal anomalies, fault-shear-breccia structures and subsurface alteration zones.
Twelve RC drill holes were completed in the historic silver mining area encompassing the former Ticup, Doctor's Cut and Jacob's Cut mines. Hole depths ranged from 79.3m (260 ft) to 329.3m (1080 ft), with a total of 2224.1m (7297 ft) completed. A total of 1551 samples were submitted to ALS Global for assay and multi-element analysis. Samples consisted of 1394 unique drill cutting intervals each representing a minimum of 1.5m (4 ft 11 in) and 157 reference samples. Analytical results from the reference material, comprising 1 blank (landscape marble) and 3 commercial silver standards, did not indicate any QA/QC issues in the laboratory sample preparation or analyses.
Moderate to high grade silver mineralization was intercepted in many of the holes. Notable drill intercepts and silver assays results include:
Hole CC001: 9.1 m at 52.6 g/t Ag, maximum silver assay value of 99.4 g/t
Hole CC002: 27.5 m at 52.0 g/t Ag, maximum silver assay value of 167 g/t
Hole CC006: 12.2 m at 117.6 g/t Ag, maximum silver assay value of 506 g/t
Hole CC008: 100.5 m at 7.4 g/t Ag, maximum silver assay value of 64 g/t
Hole CC010: 15.2 m at 54.2 g/t Ag, maximum silver assay value of 133 g/t
Hole CC011: 30.5 m at 50.0 g/t Ag, maximum silver assay value of 247 g/t
Kaare Foy, Viscount Chairman stated: "At this early stage we are very encouraged with our maiden drill program results, which achieved our targeting objective of intercepting large intervals of silver mineralization. The significance is that this was the first time in over 100 years that modern exploration techniques have been used at Cherry Creek."
All of the results given in this news release were taken directly from the Rangefront Geological drill report prepared for Summit Mining Exploration Inc. ("Summit") . All of the assaying was done by an ISO certified analytical company. Rangefront Geological and Summit geologists do all their work using the best industrial practices.
Table 1 - General information on the 2015 Cherry Creek drill holes
Drill Hole # Site Date Started Date Ended Azimuth Angle TD (m) Target
CC001 TM-04 10/6/2015 10/11/2015 280 -50 228.7 Ticup decline
CC002 DC-04 10/12/2015 10/16/2015 105 -50 329.3 Dr's Cut extension
CC003 DC-04 10/16/2015 10/22/2015 80 -50 243.9 Dr's Cut extension
CC004 TM-01 10/23/2015 10/25/2015 350 -60 304.9 S extension Ticup vein
CC005 TM-01 10/25/2015 10/26/2015 20 -65 152.4 w/s contact*
CC006 TM-01 10/26/2015 10/27/2015 0 -90 121.9 w/s contact*
CC007 TM-03 10/27/2015 10/28/2015 0 -90 82.3 w/s contact*
CC008 TM-03 10/28/2015 10/29/2015 140 -60 100.6 Jacob's Cut
CC009 TM-02 10/31/2015 11/1/2015 0 -90 161.6 w/s contact*
CC010 TM-02 11/1/2015 11/2/2015 120 -50 79.3 w/s contact*
CC011 TM-01 11/2/2015 11/12/2015 150 -50 106.7 Jacob's Cut
CC012 TM-01 11/12/2015 11/15/2015 310 -75 311.0 S extension Ticup vein
* Cambrian
Drill Results are as follows:
Table 2 - List of the 2015 drill holes including the depths of best silver and gold intercepts encountered in the holes, intercept interval in meters ("Length"), average silver or gold concentrations in the best zones, and maximum silver or gold concentrations in the zone.
Drill Hole Best Ag
Interval Length Grade
Ag
(g/t) Max. Ag
(g/t over
=/+1.5m) Best Au
Interval Length Grade
Au
(g/t) Max. Au
(g/t over
=/+ 1.5m)
CC001 33.5-42.6m 9.1m 52.60 99.4 28.9-38.1m 9.2m 0.154 0.230
CC002 106.6-134.1m 27.5m 52.01 167.0 NSR - - -
CC003 NSR - - - 123.4-124.9m 1.5m 0.748 0.748
CC004 249.9-252.9m 3.0m 15.22 16.9 NSR - - -
CC005 147.8-152.4m 4.6m 9.40 10.5 0-6.0m 6.0m 0.029 0.039
CC006 100.5-112.7m 12.2m 117.63 506.0 0-12.1m 12.1m 0.031 0.046
CC007 15.2-21.3m 6.1m 19.58 56.8 0-4.5m 4.5m 0.400 0.410
CC008 0-100.5m 100.5m 7.44 64.0 0-4.5m 4.5m 0.064 0.073
CC008 Including
54.8-60.9m 6.1m 44.32 64.0 NSR - - -
CC009 83.8-91.4m 7.6m 55.78 117.0 80.7-91.4m 10.7m 0.078 0.188
CC010 41.1-56.3m 15.2m 54.24 133.0 39.6-56.3m 16.7m 0.048 0.117
CC010 59.4-60.9m 1.5m 43.40 43.4 NSR - - -
CC011 28.9-59.4m 30.5m 50.03 247.0 25.9-54.8m 28.9m 0.064 0.228
CC012 NSR - - - 9.1-30.4m 21.3m 0.128 0.291
(NSR - No Significant Results)
Quality Assurance/Quality Control ("QA/QC") Measures, Chain of Custody:
The Company has implemented a rigorous QA/QC program using best industry practices at the Cherry Creek Property. Drill core samples are transported in security-sealed bags for analyses at ALS Labs Limited, of Elko, Nevada. Individual samples are labeled, placed in plastic sample bags and sealed. Groups of samples are then placed into durable rice bags that are then shipped. A small 'B split' of each sample of drill cutting interval was collected at the rig and archived in secure storage. The sample pulps and rejects will be retrieved from ALS. The insertion of standards, blanks and duplicates as well as logging was conducted by Rangefront Geological and Summit personnel at the property site.
Qualified Persons
The exploration and drill programs are being managed by David Tretbar, Summit Exploration's Executive Vice President, Exploration and Mineral Resources, a Qualified Person as defined by NI 43-101. Mr. Tretbar is a registered Professional Geologist in Arizona (# 48036) and a Certified Professional Geologist (CPG # 11086) with the American Institute of Professional Geologists.
The scientific and technical information contained in this news release has been reviewed by Dallas W. Davis, PEng, FEC, an independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101").
About Viscount Mining (TSX VENTURE:VML) (VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 9,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com
About Sumitomo Corporation
Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry. Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA. For more information about Sumitomo Corporation, visit www.sumitomocorp.co.jp
ON BEHALF OF THE BOARD OF DIRECTORS
Jim MacKenzie, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Cautionary Note for U.S. Investors Regarding Reserve and Resource Estimates
All resource estimates reported by the Company were calculated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission for descriptions of mineral properties in SEC Industry Guide 7 under Regulation S-K of the U. S. Securities Act of 1933. In particular, under U. S. standards, mineral resources may not be classified as a "reserve" unless the determination has been made that mineralization could be economically and legally produced or extracted at the time the reserve determination is made. Accordingly, information in this press release containing descriptions of the Company's mineral properties may not be comparable to similar information made public by US public reporting companies.
Contact:
Viscount Investor Relations
604-960-0535
info@viscountmining.com
January 25, 2016 Top 10 Ranking on TSX Venture 50 VLMGF otc/ VML.tsxvv Marketwired Viscount Mining Corp.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 25, 2016) - Viscount Mining Corp. (TSX VENTURE:VML)(OTCQB:VLMGF) ("Viscount" or "the Company"), is pleased to announce it has been honoured as a 2016 TSX Venture 50™, Top 10 Mining company.
The 2016 TSX Venture 50™ ranking is a comprised of 10 companies from each of the five industry sectors that comprise the TSX Venture Exchange - mining, oil and gas, technology, life sciences, diversified industries and clean technology. The rankings were based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume. These companies on average have delivered a return of 77% in 2015.
For more information on 2016 TSX Venture 50™, visit http://www.TSX.com/Venture50.
About Viscount Mining (TSX VENTURE:VML)(VLMGF)
Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 9,000 acres, all 100% owned, and includes more than 20 past producing mines. Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property. Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement. Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.
For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com.
More About Sumitomo Corporation
Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry. Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA. For more information about Sumitomo Corporation, visit www.sumitomocorp.co.jp/english/.
ON BEHALF OF THE BOARD OF DIRECTORS
Jim MacKenzie, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Contact:
Viscount Mining Corp.
Investor Relations
604-960-0535
info@viscountmining.com
www.viscountmining.com
He has't posted because he thinks you and your ilk are aholes. Better for him to focus on making extensive improvements and updates to an ever improving evolving product line and with Sphere's partnerships. You really think OPUS would step up if Sphere 3D wasn't turning the corner. Get a life move on
PART I Distributed Desktop HyperConvergence – The Liberation of the Physical Desktop
By Jaymes Davis, Office of the CTO, Sphere 3D, Senior Director of Innovation | Desktops, Distributed Architecture, Hyperconverged, VDI
As the technology futurist Peter Drucker predicted in the early 1950s, knowledge workers have prevailed and their tool of choice for end-user computing is a physical PC running a Windows desktop. We are still working towards ubiquitous access for all our productivity needs, the nirvana of end-user computing. To that end, we needed apps that run on server OSs delivered via the Internet to supplement our desktop.......read more
http://sphere3d.com/distributed-desktop-hyperconvergence-the-liberation-of-the-physical-desktop/
=====================================================
PART 2
Distributed Desktop Hyperconvergence–The Liberation of the Physical Desktop
(Part 2) May 17, 2016
By Jaymes Davis, Jaymes Davis, Senior Director of Innovation
and Professional Services Organization, Office of the CTO,
Sphere 3D Senior Director of Innovation 2016 Desktops, Distributed Architecture, Hyperconverged, V3, VDI
http://sphere3d.com/distributed-desktop-hyperconvergence-the-liberation-of-the-physical-desktop-2/
The time for Distributed Desktop Hyperconvergence (DDH) is now. Rather than being based on a data center-only model where server virtualization presents limitations, DDH will address desktop virtualization in a decentralized architecture. DDH uses a different technology so that such server virtualization limitations literally do not exist, while retaining the most useful features of server hardware and virtualization technology..............
Mark Watts ?@markwattscra May 19 Arizona, USA
#VDI, any app-any where-anytime add to Citrix #CIO #healthtech @Sphere3D @NovaradCorp
May 9th, 2016
Jaymes Davis @CloudProphet tweets : read the whole page
Distributed Desktop HyperConvergence – The Liberation of the Physical Desktop By Jaymes Davis, Senior Director of Innovation May 9, 2016 Desktops, Distributed Architecture, Hyperconverged, VDI
http://sphere3d.com/distributed-desktop-hyperconvergence-the-liberation-of-the-physical-desktop/
Counterfeiting Stock ......reads like a how to book
Talk about connecting the dots by reviewing ANY trading activity to FailsToDeliver.com
http://counterfeitingstock.com/CounterfeitingStock.html
Love the opening paragraph !...A MUST READ
Illegal naked shorting and stock manipulation are two of Wall Street's deep, dark secrets. These practices have been around for decades and have resulted in trillions of dollars being fleeced from the American public by Wall Street. In the process, many emerging companies have been put out of business. This report will explain the magnitude of this problem, how it happens, why it has been covered up and how short sellers attack a company. It will also show how all of the participants; the short hedge funds, the prime brokers and the Depository Trust Clearing Corp. (DTCC) — make unconscionable profits while the fleecing of the small American investor continues unabated………………….
http://www.law360.com/articles/745467
Justices Say Federal Securities Laws Don’t Limit State Suits
By Carmen Germaine
Law360, New York (May 16, 2016, 10:11 AM ET) -- The U.S. Supreme Court unanimously ruled Monday that federal securities laws don't preempt certain claims from being brought in state court, in a decision that allows a shareholder suit against a Merrill Lynch unit and other Wall Street firms to proceed in New Jersey state court on claims they engaged in a manipulative short-selling campaign against them. Voting unanimously, the justices said the Securities Exchange Act does not block shareholders in Escala Group Inc. from bringing their claims in a New Jersey court under the state's... To view the full article, register now. Try for free 7 days
Naked’ short sellers squeezed by Supreme Court’
http://aminewswire.com/stories/510724790-naked-short-sellers-squeezed-by-supreme-court