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13 Boston Bruin/ New England Pat Fans who are former employees. I feel so bad.
NOT!
Agreed Henco. ATI's announcement yesterday combined with today's news show incremental positive steps for an improving business outlook in 2016.
Some people wish to stay in the past except for those who reduced the overall short position 200,000 shs per last short report not including Anson who I hope the closed PP represents an olive branch. Maybe that signalled a truce except for short hangers on like Hugodrax.
Some folks even me, are happy to pay a higher share price on the heels of more such positive announcements and news. GLTA all longs as to you shorts, time to come over from the dark side, feel the energy of the new force pervading S3D for 2016!
Multi-Site National Call Center Selects Sphere 3D's Hybrid Cloud Solutions
Surpass, LLC call centers to virtualize workloads with V3 and Glassware 2.0, increase onsite storage efficiencies with SnapServer, and provide Cloud Storage via SnapCLOUD on Microsoft Azure
San Jose, California--(Newsfile Corp. - January 19, 2016) - Sphere 3D Corp. (NASDAQ: ANY), a containerization, virtualization and data management solutions provider, today announced that Surpass, LLC ("Surpass"), a national call center headquartered in Lynchburg, VA will upgrade two of its call centers with Sphere 3D's hybrid cloud offerings.
"We have worked very hard over the past year to enhance, refine and align our products. Our strategy of vertically integrating our portfolio to deliver turnkey hybrid cloud offerings now allows us to provide highly impactful solutions to our customers" said Peter Bookman, Global Strategist at Sphere 3D. "I am pleased that we were selected by Surpass, and look forward to assisting them to scale quickly and improve their workflow through the type of innovation that elevates our solutions above those offered by our competitors."
"At Surpass, we believe the key to our growth is providing world class service to our clients while maximizing operating efficiencies. We are excited to bring Sphere 3D's hybrid cloud solutions into our newest 80-seat call center located in Lynchburg, VA. Additionally, we plan on leveraging their portfolio of services to modernize our current facility without replacing any of our existing hardware," said Ken Mnemcovich, President at Surpass, LLC. "Sphere 3D's portfolio supports the flexibility to purchase in a bundled price or a la carte depending on our real time requirements. We anticipate our callers' average call time (ACT) will shorten and deliver optimal results for our clients. We now have the tools we need to support our virtual desktops while providing secure access to our client data both onsite and in the Microsoft Azure cloud."
Surpass will deploy a complete hybrid cloud solution that includes Sphere 3D's V3™ virtual desktop appliances, integrated with software from VMware and managed by Sphere 3D's Desktop Cloud Orchestrator™ (DCO); 80 seats of Glassware 2.0™ containers for applications virtualization; SnapServer® physical storage for shared storage; and the SnapCLOUD™ virtual storage service in Microsoft Azure.
Surpass will be able to take advantage of a comprehensive cloud solution that offers simple deployment and management while maintaining the ability to scale out as needed. Although this approach provides a complete hybrid cloud experience, it's delivered at a low total cost of ownership; with the initial call center deployment costing just over $150,000 U.S.
About Sphere 3D
Sphere 3D Corp. (NASDAQ: ANY) delivers containerization and virtualization technologies along with data management products that enable workload-optimized solutions. We achieve this through a combination of containerized applications, virtual desktops, virtual storage and physical hyper-converged platforms. Sphere 3D's value proposition is simple and direct—we allow organizations to deploy a combination of public, private or hybrid cloud strategies while backing them up with state of the art storage solutions. Sphere 3D, along with its wholly-owned subsidiaries Overland Storage and Tandberg Data, has a strong portfolio of brands including Glassware 2.0™, SnapCLOUD™, SnapScale®, SnapServer®, V3, RDX®, and NEO®. For more information, visit www.sphere3d.com.
Jan 17th "ATI announces"partnership with Sphere 3D today.
http://www.abasystech.com/blog/
Abasys Technologies Inc: We are thrilled to announce that ATI has partnered with Sphere3D (NASDAQ: ANY) to provide application virtualization technology to enterprises that have under-serviced legacy software applications; from the likes of Windows XP to proprietary mainframe applications..
Read more: http://www.abasystech.com/blog/application-virtualization
ATI is a One Stop Shop for Web, Mobile and Enterprise Application Dvlpt with a nice client list: http://www.abasystech.com/us/en/clients/
http://www.abasystech.com/blog/about-us/
**Products & Services**
-Interactive Voice Response
-Abasys Visual SCADA
-E-Business Solutions
-E-Commerce Solutions
-Mobile App Development
-Biotechnology Software
-Search Engine Optimization
-Web Development Services
-Creative Website Design
-Web Application Development
-Website Maintenance
-Web Master Services
-Website Redesign
What we do
We are a premier one-stop-shop for small and medium sized businesses that require Web & Mobile Apps, Custom Software, Portal Development, E-Commerce Solutions, Technical Recruiting, and other related services. In order to keep our competitive advantage, we constantly work on improving turnaround time and minimizing costs. We also work as subcontractors with a number of companies that wish to leverage our development cost structure.
How we are different
The value we offer is unique, since we solve problems that tradition application development firms have created and we significantly save customer's money, resources and time in the process. Those who have worked with us see us as a problem solver and not just another solution provider. We help our clients cut down on overhead expenses by as much 40%, and reduce their management overheads.
Who we are
ATI is a spin off from World Wide Technologies, Inc (“WWTI”), which was founded in 1987 in Richardson, Texas. We have come a long way since then; today ATI continues to have a proven track record of delivering Effective Solutions through Innovative Technologies. Our Better Business Bureau rating is A+ for our customer service and overall business operations. We strive to maintain our rating by exceeding customer expectations every day.
2016/01/14
New Containers in Azure Aim To Migrate Legacy Apps
https://redmondmag.com/blogs/the-schwartz-report/2015/10/glassware-containers-in-azure.aspx
Yikes just reading about this fella Michael Keen I believe you guys were droning on about. Didn't know he was a Brit.....Holy cow!
Michael Keen found guilty of harassing neighbours, assaulting and resisting a police officer
http://www.eadt.co.uk/news/michael_keen_71_found_guilty_of_harassing_neighbours_assaulting_and_resisting_a_police_officer_1_3924096
It all adds up when you are pushing as many balls across as many fronts as possible. While everyone is only interested in GW good to know they are doing something right in traditional storage.
Just like snap cloud allowing for gradual transition from the older SNAP Product to some cloud storage and eventually GW too.
I didn't know their projection was for $5M and awesome coming out ahead at $12M revs.
Thx for sharing this compelling read on diff of nicotine absorption by a cigarette smoker vs cigar smoker. Unreal info.
How many waves of testing are there supposed to be 3? FDA running th ehasow or testing group out of Wisconsin? anyone know? I havea bros I wish would use this. totaly addicted to nicotine.
http://www.fda.gov/TobaccoProducts/PublicHealthScienceResearch/Research/ucm405298.htm
Wave 1 using gold magic was in 2014.
Wave 2 was completed summer 2015.
thx for your post. Makes sense.
Micro caps and small caps are first stocks to be jettisoned in bearish markets. Not too long ago this went to approx $0.60 and rallied to a high of $1.55 or so did we not?
We've seen corp progress since. While we like seeing revenues growing more quickly, they are indeed growing so not worth panicking per your remarks.
If positive revenue trend continues re corp improvement while markets are crazy then this maybe opportunity to dollar cost average on improving corp fundamentals.
Those 7 M are all going to expire unexercised unless someone "takes them down" aka exercise them putting money in the treasury but why would they above the market. Fully Diluted Capital wil be reduced by 7M shs. per your figures below.
"3 million warrants at 1.25 are now in play as 6 month freeze from June TP deal is over and as previously mentioned the almost 7 million warrants that have exercise prices from 1.178-2.2029 that expire in Jan 25, 2016."
All outstanding wts and options count towards a fully diluted issued and outstanding capital count. That I do know.
3M wts exercisable at $1.25 USD until DEc 2020. Is it possible to list out here all the outstanding wts and prices with expiration dates. Not sure how to find thru Kaiser is it or Edgar you go to? non american. sorry for possible dumb question.
So true "macnqueso". Its so important for gentlemen like Pete and others including yourself, to keep up efforts to get factual information out for looky loos and longs like me to read as we've been getting overwhelmed by an ongoing disingenuous campaign to besmirch ANY.
Who are Zacks? could you cut and paste their comment or a link?
Good questions, kill to know the answers myself!
How does one qualify for the other board? or PeteManyx how to directly talk to you re find out more info that is not going to be shared here.
Hugo you go ahead and shout out whatever card you want to play this week, next week, any week.
Suck it up buttercup.
Hey Hugo, wrong gut to get on the wrong side of.
How many chances does a guy get not being able to generate a profit or at least get us break even.
Hold that thought Hugo.
How about showing traction from a couple of catalyst events?
24 mos, 36 mos?
In your world, should guidance be worth the paper its printed on?
I appreciate your post as been reading lots lately. I iwsh co. would or could provide more guidance but there most certainly have to be under some restrictions and you don't bite the hand potentially feeding you.
I agree with you as well. So refreshing to read your 3 posts and your opinion considering a prior post I made to pete manyx not so long ago.
MSFT was at the forefront of containerization dvlpt and had a R&D brain trust working on it 7-10 yrs ago but they were ahead of their time and black-boxed it as it took resources away from something else they were launching. I'll ask my friends if I see them over Xmas to expand on whatever I wrote on the topic with pete.
So absolutely no surprise that MSFT was able to get back up to speed on containerization aka Glassware, Snap etc so quickly given they could go to current and former experts on the topic from that "R&D Group who must be feeling pretty vindicated right about now.
Listening to you simply reaffirms my convictions about what I was told by ex EMC folks who attended Pacific NorthWest Presentation sponsored by some outfit Invstmt Capital outfit. I must re-check for correct name.
Encouraging to hear snippets of MSFT history re containerization work put aside for the other product launch that took precedence.
What are the chances old group having accomplished whatever they did at MSFT were the ones called upon to review Glassware etc. for Azure? Pretty good my friends think.
Its all about Azure and MSFT will do whatever it takes to build market share asap.
On another note, can't help but wonder though what happened to all the wonderful things Overland Merger was supposed to bring to the table. EK and his 16,000 whatever they were supposed to be. If it brought MSFT to the table fine but doubt we'll know unless Morelli could have been part of the MSFT Group somehow? who knows!
Makes total sense. Had a lesson in US School funding and while chrome books aren't a first choice they are necessary given school budgets hence Glassware is extremely valuable for education system chromebooks given lack of funding and all the advances coming via the cloud. Huge advantaged to reducing annual OPEX.
Reviewing news release of last week re 70 VM's. Could those belong to Novorad? Any way of checking whose VM's those are and how many users are on per a VM? Could that be 1 i user per machine, 10 per machine or 100 per machine?
I understand that 1 VM could represent an entire location. Just would be good to know what yours or someone's qualified thoughts are on that.
Just called and found out the meeting was actually around mid March 2015
They said containerization was black-boxed about 6-10 yrs ago at Microsoft , I can't remember exactly if its 10 or 8 yrs. and I learned that containerization was dependent upon upon other technological improvements that needed to come along and that the MSFT team was working on before project was shut down because it was in conflict with something else they were working on at the time or launching so they needed all hands on deck. That's apparently why they put a wrap on containerization to recently bring it back out again. Words keep ringing in my ear, "Why now reinvent the wheel given keys to necessary technological advances have been made via glassware."
Also intimated no surprise if some of the names of the past working on containerization "while at" Microsoft back then may be familiar.
All the old boys know the importance of the cloud and they were the leading think tank of the time on staff from sounds of it. Helps our case with Azure and Goggle Cloud personnel pretty much in Metro Seattle..chiefs and indians.
Also suspected that a lot of the old gang on the project at MSFT some perhaps since retired, moved elsewhere, or freelance consulting elsewhere are back in contact given the ground breaking work commenced before black-boxing. Point is MSFT can recognize significance of strides made.
Given emerging importance of cloud computing, SaaS etc. I was asked do I wonder why some platforms no longer need to supported let alone data stored via old programs like fortran or others can be accessed. Heck I darn near peed my pants! the guys talked about importance to be able to easily go back and access "stored data from yesteryears" andnot need support of so many to do it.
I knew to simply listen and try to gleam what I could. Hindsight being 20-20, apparently it sounds like MSFT chose a path that proved to be wrong so its go-go time on containerization and to play catch up.
Sounds like supporting technology has caught up to make containerization able to easily happen c/o cloud computing on any device anywhere, anytime a hugely important thing in all these guys minds.
MSFT didn't know computing would go this way so fast in less than a decade hence the guys believe their open mindedness now has everything to do with prelim work MSFT had done and boxed up. DOH! OOPS! The guys feel that some of their former containerization team project members were before their time.
I was out of my league in the table talk but know that they told me at $1.80 or less this stock is grossly undervalued in their opinion.
I have two IT friends 20+ yrs in Vancouver BC, for sales, admin, operations who attended a presentation last yr demonstrating Glassware with Peter T. and whoever. Peter took one of my associates I-Pad and began demonstrating GLASSWARE 2.0 in front of 40-50 fellow techie execs, sales people in the room, CTO's CIO's of businesses with revenues anywhere from $10M to $150M annually. They were all impressed and called me from the event to ask if Sphere 3D was the company I was talking about the prior 18 mos. I said yes and notified them of the price last week. Friends of friends apparently are buying and tucking whatever they can away so indeed word is getting around.
Oh these 2 fellows are ex-EMC, besides a couple other WELL KNOWN names. they've got more than a few friends an dcontacts at Microsoft in Redmond, Wa. Both of them believe very much in Glassware.
I find that of great comfort when they say it is the future and absolutely destructive change.
One of them said that at $2.00 per share ANY is undervalued.
We were watching Vancouver Whitecaps lose to Portland Timbers in the 2nd half of the home and home and when commercials came on, we kept chatting about Glassware all night.
Take of this what you will.
Viscount Mining Corp Sets 52-Week High; Strong Momentum for
NOVEMBER 27, 2015 BY CASEY MCCARTHY IN IMPORTANT STOCK NEWS
The stock of Viscount Mining Corp (TSXv:VML) hit a new 52-week high and has $1.59 target or 189.00% above today’s $0.55 share price. The 5 months bullish chart indicates low risk for the $18.81 million company.
The 1-year high was reported on Nov, 27 by Barchart.com. If the $1.59 price target is reached, the company will be worth $35.55 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.
The stock increased 3.77% or $0.02 on November 27, hitting $0.55. About 172,350 shares traded hands or 88.18% up from the average. Viscount Mining Corp (CVE:VML) has risen 6.00% since October 28, 2015 and is uptrending. It has outperformed by 7.36% the S&P500.
Viscount Mining closed at all time high $0.55
New high: Viscount Mining (TSXV: VML) (OTCQB:VLMGF) closes at $0.55 on 172.35k volume on @TMXGroup #mining #stocks
Read more at http://www.stockhouse.com/companies/bullboard/bullboard/v.vml/viscount-mining-corp#QxbT6Ua1cjdG0HWi.99
what is Getsmart's opinion, pls post.
What are the chances that this brokerage house doing the financing is placing it with Anson to cover their short and Anson now becoming a long can continue to be a pain in the rear?
Heard there is a real hate on by these guys with Sphere 3D cause we got them in trouble amongst other items like a PP. T or F?
That FBC Credit Line being dipped into would mean dilution of 4 M more shs at $3 vs $7.50 now.
In addition, the Company has agreed that, only if the Company chooses to draw down any portion of the U.S. $5 million credit facility in the future as described above, the conversion price of FBC's existing convertible debenture will be reduced to US $3.00 per share, and the Company will issue warrants to purchase up to an additional 500,000 Common Shares to FBC only if the maturity dates of the Company's existing credit facilities are extended as provided for under the FBC credit facility
FBC is an affiliate of Cyrus Capital Partners, L.P., which beneficially owns, directly or indirectly, securities of the Company carrying more than 10% of the voting rights attached to the outstanding voting securities of the Company prior to giving effect to the transactions described herein
Pursuant to the subscription agreements, the purchase price for one Common Share and a warrant to purchase one Common Share is U.S. $2.00. The Warrants will have an exercise price of U.S. $2.50 per share, a five-year term, and are exercisable in whole or in part, at any time prior to expiration. In addition, 1.5 million of the warrants contain price protection provisions.
The transaction is anticipated to close on or before December 4, 2015, subject to customary closing conditions.
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), acted as exclusive placement agent for the equity offerings
VML/VLMGF samples 3.83 g/t Au
Viscount Mining samples 3.83 g/t Au at Cherry Creek Nevada
[color=red](JV Partner Summit Mining Subsidiary of mining giant Summitomo)
[/color]
2015-10-29 06:59 ET - News Release
Mr. Jim MacKenzie reports
VISCOUNT'S FLINT CANYON EXHIBITS CARLIN-TYPE GOLD CHARACTERISTICS AT ITS CHERRY CREEK PROPERTY
Viscount Mining Corp. has released the new interpretation on Flint Canyon by Summit Mining Exploration Inc., a wholly owned subsidiary of Sumitomo Corp. Summit recognizes that the area exhibits alteration and mineralization characteristic of Carlin-type gold deposits (CTDs). Summit states "that Flint Canyon is a very high-priority target area." The 2016 Cherry Creek exploration program will start at Flint Canyon with a soil sampling program combined with continued detailed geologic mapping and a drilling program.
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, and Barrick Gold Corp.-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 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.
The Flint Canyon jasperoid and carbonate rock chip samples are highly anomalous in gold mineralization. Of the 203 rock samples collected in the Flint Canyon domain (includes northern Lead mine canyon):
Maximum gold grade of 3.83 grams per tonne, which is 0.123 ounce per tonne gold;
Six samples greater than one g/t Au;
Fifty-one samples greater than 0.1 g/t Au;
Eighty-one samples greater than 0.05 g/t Au (50 parts per billion Au), the lower threshold for significant gold value.
Quality control and analytical procedures
The soil and rock chip analytical packages are through ALS Labs Ltd. of Elko, Nev. Soil samples were collected and analyzed by 58 elements via ME-MS61 and AuAA-23, with overlimit analyses for gold, silver, lead, zinc and copper. Rock chip samples were collected and analyzed by 58 elements via ME-MS61 and AuAA-23, with overlimit analyses for Au, Ag, Pb, Zn and Cu. Consult the ALS website for more information on the analytical packages being used on the Cherry Creek samples.
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.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
VML / VLMGF Game on with the big boy miners in the region.
Summit Mining Exploration, Inc. (“Summit”), is a wholly owned subsidiary of Sumitomo Corporation. Key point to remember in conjunction with Viscount's Oct 29 News (TSXv: VML) (VLMGF: OTCQB) Newmont and all the big miners are in Nevada.
Sure looks like Viscount did a great job putting this land package after years and years.
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
For further information, please contact:
Viscount Investor Relations
Email: info@viscountmining.com
PRESS RELEASE October 29, 2015
Viscount’s Flint Canyon Exhibits Carlin-type Gold Characteristics at its Cherry Creek Property
VANCOUVER, Canada –- Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or “the Company”), is pleased to report on the new interpretation on Flint Canyon by Summit Mining Exploration, Inc. (“Summit”) geologists. They recognize that the area exhibits alteration and mineralization characteristic of Carlin-type gold deposits (CTD’s). Summit states “that Flint Canyon is a very high priority target area”. The 2016 Cherry Creek exploration program will start at Flint Canyon with a soil sampling program combined with continued detailed geologic mapping and a drilling program.
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, and Barrick Gold Corp.-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 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.
The Flint Canyon jasperoid and carbonate rock chip samples are highly anomalous in gold mineralization. Of the 203 rock samples collected in the Flint Canyon domain (includes northern Lead Mine Canyon):
? - Maximum gold grade of 3.83 g/t, which is 0.123 ounce per tonne Au
? - 6 samples > 1.0 g/t Au
? - 51 samples > 0.1 g/t Au
? - 81 samples > 0.05 g/t Au (50 ppb Au), the lower threshold for significant gold value.
QC and Analytical Procedures
The soil and rock chip analytical packages are through ALS Labs Limited, of Elko, Nevada. Soil samples were collected and analyzed by a 58 elements via ME-MS61 and AuAA-23, with over limit analyses for Au, Ag, Pb, Zn and Cu. Rock Chip samples were collected and analyzed by a 58 elements via ME-MS61 and AuAA-23, with over limit analyses for Au, Ag, Pb, Zn and Cu. Consult the ALS website for more information on the analytical packages being used on the Cherry Creek samples: www.alsglobal.com/Our-Services/Minerals/Geochemistry/Service-Schedule
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 ("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
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.
Very nice indeed on Canadian Trading side of things today as volume was 393K and and just shy of 2 M overall volume since Sept 29, 2015 We think here is a ton of news because of ongoing drilling for sure from Nevada, not sure of drilling in Colorado.
I'm researching the Colorado Silver cliff Project and things I'm finding out about Hecla Mining are really encouraging. Now trying to find hard info re them approving a $30 -$40M M mill back in the day before silver fell out of bed.
If you can locate anything of historical reference in either location, pls share on the BB. Right now its you and me and the news that just came out.
2015-10-14 06:16 ET - News Release
Viscount Mining begins phase 1 drilling at Cherry Creek
Mr. Jim MacKenzie reports
VISCOUNT MINING COMMENCES DRILL PROGRAM ON CHERRY CREEK PROPERTY
Phase 1 drilling has commenced at Viscount Mining Corp.'s flagship Cherry Creek Nevada property, which is currently being managed and financed by Summit Mining Exploration Inc., a wholly owned U.S. subsidiary of Sumitomo Corp., under the exploration-earn in agreement.
Historical Cherry Creek mining district
The Cherry Creek mining district is located in White Pine county approximately 56 miles or 90 kilometres north of Ely, Nev. The district has a long history of gold, silver, lead, zinc and tungsten production from high-grade vein and replacement deposits. The first mine in the Cherry Creek area was the Ticup, discovered in 1872. This initial discovery brought an immediate rush of prospectors to the area. Following the Ticup were the Star, Exchequer and Grey Eagle mines. By 1874 there were a reported 20 mines of various production rates in operation.
The silver mineralization in the Ticup and Fillmore veins occurs in lens-shaped chutes with the Ticup mine occurring in one that according to historical records produced more than three million ounces of silver with some grades exceeding 3,500 ounces per tonne silver. By 1927, the mines had underground workings of more than 7.6 miles or 12.2 km (source: University of Nevada bulletin, Aug. 1, 1931, prepared by F.C. Schrader, geologist, U.S. Geological Survey, prepared and published by the Nevada State Bureau of Mines and the United States Geological Survey).
From 2010 to 2015, Viscount accumulated all 20 known historic mines and formed a land package in excess of 10,000 acres. The significance is that this will be the first time in 140 years that modern exploration techniques will be used on a large consolidated land package in the Cherry Creek mining district.
Most of the current highest assay values coincide with the known historic mining trends and the structural interpretations made from the 2014 and 2015 rock chip sampling programs by Summit's exploration contractor, Rangefront Geological, across the Cherry Creek property. The rock chip sampling results indicate widespread occurrences of anomalous to high-grade gold, silver and base metal mineralization thereby confirming the information cited in historic reports.
Reverse circulation (RC) drilling program
Drilling has begun at Cherry Creek and is being conducted by Harris Exploration Drilling & Associates Inc. of Fallon, Nev. Assay results will be released as they become available from ALS Labs Ltd. The drill program will comprise approximately 10 to 12 holes totalling 10,000 feet (3,050 metres). The reverse circulation (or RC) drilling has started and the first hole is targeting the high-grade silver (and/or gold, zinc, lead) mineralization at the Ticup mine area.
At the Ticup mine a large block of highly altered and mineralized Wheeler shale and Swasey limestone is interpreted by Rangefront to be the down-faulted lateral extension of the Doctor's Cut vein. The drilling will test structural intersections and lithological contacts.
The drill program is being managed by Summit Exploration's executive vice-president, exploration and mineral resources, David Tretbar, a qualified person as defined by NI 43-101.
Jim MacKenzie, Viscount president and chief executive officer, stated: "We are very pleased with the commencement of the first drill program, which is intended to validate the soil and rock samples from the last three surface work programs. Based on the history of production at Cherry Creek it has the potential to host large bodies of mineralization."
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 (NI 43- 101).
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
2015-10-05 06:21 ET - News Release
Viscount hires Harris for Cherry drill program
Mr. Jim MacKenzie reports
VISCOUNT ANNOUNCES DRILL CONTRACT AND MOBILIZATION AT CHERRY CREEK NEVADA
Viscount Mining Corp. has begun mobilizing for the 2015 phase 1 drilling program at its flagship Cherry Creek Nevada property, which is currently being managed by Summit Mining Exploration Inc., a wholly owned United States subsidiary of Sumitomo Corp., under the exploration earn-in agreement.
Phase 1 reverse circulation (RC) drilling program
Harris Exploration Drilling & Associates Inc. of Fallon, Nev., has been chosen after a review of several drill company bids and is mobilizing to the project site. The initial reverse circulation (RC) drill program will comprise approximately 10 to 12 holes totalling 10,000 feet (3,050 metres). The maximum planned hole depth is 1,200 feet (365.85 m), but Harris will have extra drill pipe on hand to take depth to 1,500 feet (457.3 m) as indicated by progress and results.
The drill program is being managed by Summit Exploration's executive vice-president, exploration and mineral resources, David Tretbar, a qualified person as defined by National Instrument 43-101. He is a certified professional geologist (CPG No. 11086) with the American Institute of Professional Geologists and a registered professional geologist in Arizona (No. 48036). Mr. Tretbar is a graduate of the Mackay School of Mines, University of Nevada Reno (MS, geochemistry).
Jim MacKenzie, Viscount president and chief executive officer, stated, "We are very pleased with the progress of the detailed mapping, sampling and selection of the drill targets and look forward to a successful drill campaign."
ALS Labs Ltd. will perform sample analysis at their facility in Elko, Nev. QA/QC (quality assurance/quality control) protocols including blanks, standards, duplicates and chain of custody have been established and will be followed in accordance with best industry practices and in compliance with NI 43-101 guidelines.
Property road access improvements
Summit filed two notices of intent (NOI) with the Ely office of the Bureau of Land Management (BLM) to widen the switchback road western and for the construction of drill pads, with both notices being approved and bonded.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
2015-08-26 16:47 ET - In the News
Taylor says buy Viscount Mining
Jay Taylor, in the Aug. 12, 2015, edition of Gold, Energy & Tech Stocks, says buy Viscount Mining Corp., recently 20 cents. Mr. Taylor first said buy on Feb. 13, 2015, at 28 cents. Assuming a $1,000 investment for that buy, the position is now worth $714. Viscount is the latest addition to Mr. Taylor's list of prospect generators.
As of Feb. 28, it had 33.44 million shares outstanding and $2-million in working capital. The company currently holds only two projects, Cherry Creek in Nevada and Silver Cliff in Colorado. The first is optioned to Sumitomo Corp., which can earn a 75-per-cent interest by completing a feasibility study and spending a minimum of $10-million on exploration. Sumitomo has started exploring Cherry Creek, and seems to be doing so very aggressively according to Mr. Taylor.
He expects to see drill results before the end of the year, and good ones, too, given that drilling is occurring at areas with known high-grade silver mineralization. Silver Cliff should also have little difficulty attracting a major, adds the editor. With or without a substantial move in the price of silver, Viscount s market cap has the potential to be much higher than its current $6.7-million, Mr. Taylor concludes.
© 2015 Canjex Publishing Ltd. All rights reserved.
2015-08-05 06:24 ET - News Release
Viscount completes Cherry Creek soil sampling program
Mr. Jim MacKenzie reports
VISCOUNT MINING PHASE 2 EXPLORATION UPDATE ON THE CHERRY CREEK PROPERTY, NEVADA
Viscount Mining Corp. is providing an update on the recently completed phase 2 soil sampling program (463 samples), as well as on the geologic mapping and rock chip sampling programs on its Cherry Creek property, which is currently being explored by Summit Mining Exploration II Inc., a wholly owned U.S. subsidiary of Sumitomo Corp., under an exploration earn-in agreement.
Phase 2 soil sampling program
The phase 2 soil survey was concluded and results for silver included in the May-June activity report issued by Rangefront Geological, the firm contracted by Summit to conduct Cherry Creek exploration. It states that "1,663 soil samples have been collected, 1,498 samples in 2015 and 165 in 2014." Analysis has been by a 51-element-plus-gold-ICP (inductively coupled plasma) procedure (ME-MS41 and Au-TL43) at ALS Labs Ltd. of Elko, Nev. The sample grid spacing is 75 metres by 75 metres. The phase 2 sampling program extended the soil grid to the west, and covers the historic Doctor's Cut, Fillmore, Ticup and Geneva mines. Preliminary review of the phase 2 sample results in the Exchequer fault, Geneva, Ticup and Fillmore mine areas shows widespread anomalous silver values over the Swasey limestone, Wheeler shale and Marjum-Weeks limestone formations.
Phase 2 geologic mapping and rock chip sampling
Contract geologists Dr. Jamie Robinson and Will Ostrenga continued geological mapping and report having "covered the majority of the high-priority Swasey-Wheeler formations along and north of the Exchequer fault, extending from the Fillmore mine in the west to the Star-Gray Eagle mines, and northeast to the Exchequer-New Century mines." In addition, a reconnaissance transect northeast along the Swasey-Wheeler contact to the Black Metals fault was completed. Rock chip samples were collected while geologic mapping was being conducted.
To date, 578 rock chip samples have been collected and submitted for assay and analysis. The samples are being analyzed by a 49-element-plus-gold-AA (atomic absorption) procedure (ME-MS61 and AuAA-23). Results for these samples are pending. The following points concerning geology in the mapped area are excerpts from the Summit activity report for May to June, 2015:
Mapping shows that the formations on and along the Exchequer fault are highly dissected, and rotated by secondary and tertiary faults associated with the principle Exchequer fault. It is not a simple linear fault as depicted on earlier geologic maps. Previous mapping does not show the true extent of the faulting; almost all of these wedge boundaries and contacts of the Swasey limestone and Wheeler shale in the central mapped area are fault contacts. Faulting and fracturing of these reactive rocks are critical for the formation of mineral deposits, as the fractures act as conduits for mineralizing fluids.
Mapping the northeast transect along the Swasey-Wheeler contact to the Black Metals fault indicates widespread alteration and mineralization continue along trend, and are often associated with east-west- and northwest-trending fault zones.
Viscount anticipates the work on drill targeting will start later this month, once all of the final assay data are received and map data formatted in the drill computer model. Approximately 8,000 feet of reverse circulation drilling of 10 to 12 holes are expected to begin in mid-September, 2015.
Viscount Mining is very pleased with the exploration work on the property, and the results obtained by Summit Mining Exploration and Rangefront Geological Services.
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.
About Sumitomo Corp.
Sumitomo Corp. is one of the largest integrated trading and investment companies in Japan. Sumitomo Corp., a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financings, serves as an organizer and a co-ordinator 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 Corp. and is headquartered in Colorado, United States.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
2015-07-07 06:21 ET - News Release
Viscount optionee begins phase 2 sampling
Mr. Jim MacKenzie reports
VISCOUNT PROVIDES EXPLORATION UPDATE ON CHERRY CREEK PROPERTY
Viscount Mining Corp. has provided an update on the continuing exploration activities recently completed at its Cherry Creek property, which is currently being explored by Summit Mining Exploration II Inc., a wholly owned U.S. subsidiary of Sumitomo Corp., under the exploration earn-in agreement. As previously announced on May 19, 2015, Summit has retained the services of Rangefront Geological Services of Elko, Nev., to begin an extensive soil sampling survey to collect approximately 1,500 samples.
Soil sampling program
The phase 1 soil survey was completed and a report was issued by Rangefront Geological. A total of 1,032 samples were collected and analyzed by a 51-element plus gold ICP procedure (ME-MS41 and Au-TL43) at ALS Labs Ltd. of Elko, Nev. The sample grid spacing is 75 metres by 75 m. At the end of May, 2015, the phase 2 sampling program was started in an area that extends to the west and covers the Doctor's Cut, and the Fillmore, Ticup and Geneva mines. This sampling campaign will collect an additional 466 soil samples, for a total of 1,498.
Geologic mapping and rock chip sampling
Contract geologists Dr. Jamie Robinson and Will Ostrenga started geologic mapping of the higher elevation carbonate units of the Swasey limestone, Wheeler shale and lower Marjum limestone. Rock chip samples are collected while geologic mapping is being conducted. To date, more than 175 rock chip samples have been collected and submitted for analysis and results will be reported later. The following points concerning geology in the mapped area are excerpts from the Summit activity report for May, 2015.
Mapping coverage starts along the Exchequer fault at the Fillmore mine and extends northeast along trend to the Black Metals fault. The carbonate section here is highly dissected by normal faulting, with two principal orientations of east-west (Exchequer parallel) and northwest-southeast (Al Ray Canyon fault corridor).
The Swasey-Wheeler contact exhibits widespread quartz stockwork and jasperiod quartz flooding. Carbonate bleaching and dissolution features are common along the contact and throughout the entire Swasey section.
Large open karsts (large dissolution cavities) are apparent in outcrop in the massive cliffs forming the north wall of Exchequer Canyon.
All of these features are indicative of hydrothermal fluid flow and fluid reactions with the carbonate rocks and along lithologic contacts.
Mapping at the Fillmore mine and Doctor's Cut indicates that the Swasey and Wheeler formations are much thicker than indicated on the Adair geologic base map of 1961.
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.
Pursuant to the company's stock option plan it has granted 100,000 stock options at a price of 20 cents per common share to a director and officer of the company. The option grant will vest immediately. As per the company's stock option plan, the options granted are exercisable until July 7, 2020. Grant of the options is subject to the approval of the TSX Venture Exchange.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
2015-06-29 06:11 ET - News Release
Viscount Mining to begin trading on OTCQB
Mr. Jim MacKenzie reports
VISCOUNT COMMENCES TRADING IN THE U.S. MARKET ON THE OTCQB
Viscount Mining Corp.'s common shares have been approved for trading in the United States on the OTCQB.
Viscount's shares will begin trading under the symbol VLMGF. The corporation will continue to trade on the Toronto Venture Exchange under its existing symbol VML.
Kaare Foy, chairman of Viscount Mining, stated: "The company is moving forward with its U.S. partnership in Nevada with Sumitomo Corp., and trading on the OTCQB will create greater visibility with U.S. investors as well as expedite the company's opportunity in the global capital markets. The new listing will complement our presence on the Toronto Venture Exchange, while facilitating and enhancing global trading in Viscount's common shares, especially in the U.S. market."
Trading on the OTCQB does not involve the issuance of new common shares of the corporation or any other securities. The common shares of the corporation that are currently issued and outstanding, and trading on the TSX Venture Exchange, may now also be traded through the OTCQB.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
2015-06-09 06:15 ET - News Release
Viscount Mining appoints Devine as director
Mr. Kaare Foy reports
HONORABLE GRANT DEVINE JOINS BOARD OF VISCOUNT
Viscount Mining Corp. is appointing former premier of Saskatchewan Grant Devine, BScA, MScA, MBA, PhD, PAg, FAIC, SOM, as a director of the company.
Dr. Devine has had a distinguished career in academics and business, and was a member of the Provincial Parliament of Saskatchewan for nearly 13 years. He served as Premier of Saskatchewan from May 8, 1982, to Nov. 1, 1991.
Since his retirement from government, Dr. Devine has served on a number of boards, including Agrium Inc., where he was chairman, environment, health and safety committee, and member, corporate governance committee.
Dr. Devine received the Queen Elizabeth II Diamond Jubilee Medal for Outstanding Public Service in December, 2012, and the Saskatchewan Order of Merit in 2009. Since 1976, Dr. Devine has addressed business, academic and political leaders worldwide, and was a key first minister participant in the Canada-United States Free Trade Agreement (FTA).
He participated as a Canadian premier in various aspects of the GATT (General Agreement on Tariffs and Trade) negotiations in Brussels and Geneva, as well as mandated various international development projects undertaken by the government of Saskatchewan.
Born in Regina, Sask., he received a bachelor of science in agriculture degree specializing in agricultural economics from the University of Saskatchewan, a master of science specializing in agricultural economics from the University of Alberta, a master of business administration from the University of Alberta and a doctor of philosophy in agricultural economics from Ohio State University.
Kaare Foy, chairman of Viscount Mining, stated: "We could not be more pleased that Dr. Grant Devine has agreed to serve on our board. Grant has extensive experience as a former premier of Saskatchewan, university faculty member, and director of various private, public and community development organizations. He brings a wealth of knowledge in core competencies such as board governance and strategic planning. We look forward to the expertise that Grant will bring to Viscount Mining."
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
2015-05-25 18:58 ET - In the News
Jay Taylor refreshes Viscount Mining buy
Jay Taylor, in the May 15, 2015, edition of Gold, Energy & Tech Stocks, refreshes his buy of Viscount Mining Corp., recently 23 cents. Mr. Taylor said buy on Feb. 13, 2015, at 28 cents. Assuming a $1,000 investment for the buy, the position is now worth $821.
Mr. Taylor says Viscount is an especially exciting company because of its recently completed deal to option a 75-per-cent interest in its Cherry Creek property to Summit Mining Exploration Inc., a subsidiary of Sumitomo Corp.
For the interest, Summit must complete a bankable feasibility study and spend a minimum of $10-million (U.S.) on exploration over eight years. The editor notes that the 9,000-acre Cherry Creek had previously been carved up into many small family-owned land claims, which is the reason no major mining company ever bothered to explore and develop the area despite it being "highly prospective."
After Viscount's president, Jim MacKenzie, decided to acquire and consolidate some of the land claims into one package Mr. Taylor adds, Sumitomo paid a visit to the property and then moved quickly to strike a deal. Viscount remains a buy.
2015-03-30 23:36 ET - In the News
Taylor refreshes buy of Viscount Mining
Jay Taylor, in the March 16, 2015, edition of Gold, Energy & Tech Stocks, refreshes his buy of Viscount Mining Corp., recently 36 cents. Mr. Taylor said buy on Feb. 13, 2015, at 28 cents. Assuming a $1,000 investment for the buy, the position is now worth $1,285. Viscount has optioned a 75-per-cent interest in its past-producing Cherry Creek property in Nevada to Summit Mining Exploration Inc., a subsidiary of Sumitomo Corp.
Mr. Taylor reminds his readers that a potential joint venture with Sumitomo is the reason he first recommended the stock. For the interest, Summit must pay $500,000 (U.S.) up front, and deliver a bankable feasibility study and spend $10-million (U.S.) on exploration within eight years.
Summit financed a field sampling program at Cherry Creek last year, collecting 302 samples that returned anomalous values of gold, silver and base metal mineralization congruent with historical data. Of the samples, 21 assayed greater than one gram per tonne gold and 99 assayed greater than one ounce per ton silver. Mr. Taylor expects Summit to carry out an aggressive drill program this year. Good results from that program should lift this stock, he concludes, especially when precious metals turn bullish.
© 2015 Canjex Publishing Ltd. All rights reserved
Taylor says buy Viscount Mining
2015-02-25 17:07 ET - In the News
Jay Taylor, in the Feb. 13, 2015, edition of Gold, Energy & Tech Stocks, says buy Viscount Mining Corp., recently 28 cents. This is the first time he has recommended the stock.
Mr. Taylor says Viscount is one of the most exciting new stories he has seen throughout his career. CEO Jim Mackenzie, the man who is responsible for giving birth to Viscount, has been accumulating a 9,000-acre portfolio of exploration claims in Nevada over the past few years.
The most notable ones to Mr. Taylor are Exchequer, Ticup-Fillmore and Star, which are all previously explored projects part of the larger Cherry Creek property.
The editor notes that Cherry Creek lies in a historic mining district that saw high-grade production from numerous mines until the 1920s. In June, 2014, Viscount signed a deal with Sumitomo Corp. of Americas to carry out field mapping and sampling work. Mr. Taylor reckons they will end up forming a JV of some sort.
In addition to Cherry Creek, Viscount has also optioned the Silver Cliff property in Colorado. The editor envisions Viscount as a prospect generator, but one with less risky properties than others. If Sumitomo or another major steps in, this company could rise "dramatically higher."
© 2015 Canjex Publishing Ltd. All rights reserved