VML Viscount Mining Corp

Viscount Mining and Partner Centerra Gold Inc. Commence Soil Sampling Program at Cherry Creek Property in Nevada

Vancouver, British Columbia--(Newsfile Corp. - February 3, 2021) -  Viscount Mining Corp. (TSXV: VML) (OTCQB: VLMGF) ("Viscount" or "the Company") is pleased to announce soil sampling has commenced on the 100% controlled Cherry Creek Project (Property) in eastern White Pine County, Nevada. As previously disclosed, Viscount has entered into an exploration earn-in agreement with a wholly owned subsidiary of Centerra Gold Inc. to earn up to a 70% interest in the Property. A five-man crew has been mobilized to the Property to begin the collection of 700-1000 soil samples from the property.

The initial work will be aimed at filling in and expanding previously completed soil grids in north, west and east portions of the project. The work is anticipated to take three weeks to complete, although the timing is weather and ground conditions dependent. Once we have received and reviewed results from the soil geochemistry; geophysical methods including an Induced Polarization (IP) survey will be completed over select areas of the property to assist targeting efforts. The particulars of this work will be announced in future news releases.

Qualified Persons
The scientific and technical information contained in this news release has been reviewed and approved by Harald Hoegberg PG, an independent consulting geologist who is a "Qualified Person" (QP) as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

The Company also announces that during the month of January it issued 1,927,500 common shares pursuant to the exercise of warrants for an aggregate total of $673,125.

About Viscount Mining (TSXV: VML) (OTCQB: VLMGF)

Viscount Mining is a project generator and an exploration company with a portfolio of silver and gold properties in the Western United States, including Silver Cliff in Colorado and Cherry Creek in Nevada.

The Silver Cliff property in Colorado lies within the historic Hardscrabble Silver District in the Wet Mountain Valley, Custer County, south-central Colorado. It is located 44 miles WSW of Pueblo, Colorado, and has year-around access by paved road. The property consists of 2,319.48 acres where high grade silver, gold and base metal production came from numerous mines during the period 1878 to the early 1900's. The property underwent substantial exploration between 1967 and 1984.

The property is interpreted to encompass a portion of a large caldera and highly altered sequence of tertiary rhyolitic flows and fragmental units which offers potential to host deposits with both precious and base metals. This has been demonstrated in the mineralization historically extracted from the numerous underground and surface mining operations. Drilling in the 1980s by Tenneco resulted in a historical pre-feasibility study on which basis it was planned to bring the property to production. The plan was abandoned following takeover by another company.

The Cherry Creek exploration property is in an area commonly known as the Cherry Creek Mining District, located approximately 50 miles north of the town of Ely, White Pine County, Nevada. Cherry Creek consists of 293 unpatented and patented claims as well as mill rights and is comprised of more than 2,442 hectares. Cherry Creek includes more than 20 past producing mines.

For additional information regarding the above noted property and other corporate information, please visit the Company's website at

ON BEHALF OF THE BOARD OF DIRECTORS

"Jim MacKenzie"

President, CEO and Director

For further information, please contact:
Viscount Investor Relations
Phone: 1 844 863 3622
Email:

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 includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to Viscount Mining's operations, exploration and development plans, expansion plans, estimates, expectations, forecasts, objectives, predictions and projections of the future. Specifically, this news release contains forward looking statements with respect to the Offering, the receipt of required approvals, the timing of thereof and the amount and use of proceeds therefrom. Generally, forward-looking statements can be identified by the forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "projects", "intends", "anticipates", or "does not anticipate", or "believes", or "variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Viscount Mining to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and development and operation of Viscount Mining's projects, the actual results of current exploration, development activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future precious metals prices, as well as those factors discussed in the sections relating to risk factors of our business filed in Viscount Mining's required securities filings on SEDAR. Although Viscount Mining has attempted to identify important factors that could cause results to differ materially from those contained in forward-looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended.

There can be no assurance that any forward-looking statements will prove accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Viscount Mining does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.

To view the source version of this press release, please visit

EN
03/02/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Viscount Mining Corp

 PRESS RELEASE

Viscount Mining Announces $5.0 Million Brokered LIFE Offering Led by C...

Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Viscount Mining Corp. (TSXV: VML) (OTCQB: VLMGF) ("Viscount" or the "Company") is pleased to announce that it has entered into an agreement with Centurion One Capital Corp. (the "Lead Agent") as lead agent and sole bookrunner, in connection with a brokered private placement to raise up to $5,000,000 (the "Offering") through the sale of up to 6,250,000 units of the Company (the "Units") at an issue price of $0.80 per Unit (the "Issue Price") on a best efforts basis. Each Unit will consist of one common share of the Company (eac...

 PRESS RELEASE

Viscount Mining Corp. Provides Market Activity Clarification and Opera...

Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Viscount Mining Corp. (TSXV: VML) (OTCQB: VLMGF) provides market activity clarification and operational update.Viscount wishes to clarify recent market activity and reaffirm the Company's operational outlook. During the final 30 minutes of trading on Friday, December 19, the Company observed irregular trading activity in its shares. Viscount confirms that there have been no material changes to its business, assets, or planned operations.In keeping with best practices for market transparency, the Company's Chief Executive Offic...

 PRESS RELEASE

Viscount Reinforces Silver Expansion Potential at the Kate Deposit wit...

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - Viscount Mining Corp. (TSXV: VML) (OTCQB: VLMGF) ("Viscount" or the "Company") is pleased to provide an updated interpretation of the 2025 soil-geochemistry program at the Kate Silver Deposit ("Kate"), part of the Company's 100%-owned Silver Cliff Project in Custer County, Colorado. When integrated with historical and recent drilling, structural mapping and prior geophysical survey, the results reinforce Kate as a robust, near-surface epithermal silver system with multiple priority expansion targets.Kate Silver Deposit – Stron...

 PRESS RELEASE

Viscount Strengthens Gold-Copper Porphyry Model at Passiflora as Multi...

Next Phase to Include Shallow Drill Testing of USGS Breccia Pipes.Deep Drilling to Test the Strongest Portion of the Quantec MT AnomalyVancouver, British Columbia--(Newsfile Corp. - December 9, 2025) - Viscount Mining Corp. (TSXV: VML) (OTCQB: VLMGF) ("Viscount" or the "Company") is pleased to report the results of its 2025 multi-phase exploration program at the Passiflora copper-gold porphyry on the Silver Cliff Project in Custer County, Colorado. New MMI soil geochemistry, when integrated with airborne imagery, Quantec MT geophysics, rock sampling, geological...

 PRESS RELEASE

Viscount Mining Advances Next Phase of Exploration in Colorado: Expand...

Vancouver, British Columbia--(Newsfile Corp. - September 9, 2025) - Viscount Mining Corp. (TSXV: VML) (OTCQB: VLMGF) is pleased to outline the next stages of exploration at its flagship Silver Cliff Project in Custer County, Colorado. Building on a strong technical foundation and recent discovery success, the Company is advancing both the Kate Silver Resource ("KSR") and the Passiflora porphyry Copper-Gold deposit with expanded programs designed to grow resources and better focused drill targeting.Advancing the Kate Silver ResourceThe Kate Deposit currently hosts a NI 43-101 compliant resource...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch