Viscount Mining Corp (VLMGF)

[kjlars5]

Viscount Commences Exploration Program at Silver Cliff, Colorado

http://www.viscountmining.com/news-blog/news-release/viscount-commences-exploration-program-at-silver-cliff-colorado/

“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”).