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Viscount Mining Corp
Symbol VML
Shares Issued 46,748,128
Close 2017-09-18 C$ 0.29
Market Cap C$ 13,556,957
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Viscount Mining to drill Silver Cliff soon

2017-09-19 09:15 ET - News Release

Mr. Jim MacKenzie reports

VISCOUNT MINING ANNOUNCES PHASE 2 DRILL PROGRAM AT ITS SILVER CLIFF PROJECT

Viscount Mining Corp.'s phase 2 twin drilling program will start shortly at Silver Cliff, Colo. Results will assess upside potential and contribute to the verification of historical resources at the nearly flat-lying Kate silver deposit which at less than 70 feet (21 metres) depth, and up to 88 feet (27 metres) apparent true thickness, would have open-pit mining potential.

Viscount has contracted Arseneau Consulting Services (ACS) to provide overall supervision of the drill program. Dr. Gilles Arseneau, a professional geologist, has chosen 10 of the Kate silver deposit historical drill holes to be twinned. They will be drilled to an average depth of about 328 feet (100 metres) versus an average of 197 feet (60 metres) for historic drilling at Kate.

Historical records show that deeper rhyolite tuff layers have elevated silver concentrations. In particular, a number of the few historic holes deeper than 197 feet (60 metres) either ended in or passed through mineralized tuff and Emmons (1896, page 10) reported "films or stains of metallic sulphides, said to assay high in silver ... lining delicate cracks in the tuff" units intercepted when sinking the 2,640-foot (805 metres) Geyser mine shaft approximately 2,625 feet (800 metres) southeast of Viscount's 2016 drill holes.

ACS therefore has chosen to test the potential continuity and grade of deeper mineralized tuff with five of the 10 planned holes probing to depths of more than 328 feet (100 metres). One or more of the holes also will test prominent crosscutting faults for high-grade silver, either in altered adjacent volcanics or in veins within the fault zones. If the deep drilling locates other horizons with potentially economic concentrations of silver, it will have significant bearing on the next phase of work.

A local geologist with intimate knowledge of Silver Cliff's geology, Harald Hoegberg, has been engaged for the permitting process, and on-site supervision of the drilling program and to ensure compliance with quality assurance/quality control protocol adopted in consultation with the qualified person and Dr. Arseneau. Viscount has contracted BDW International Drilling Inc. which will move an NQ coring rig onto the property once permitting has been completed.

In summary, Viscount will continue the process commenced with phase 1 in 2016 for twinning past drill holes to determine intercept details that have not been available for preparing a valid update of the historical silver resource and will test the potential for multiple mineralized zones that would increase the volume of material accessible by open-pit mining. Dr. Howard Lahti, vice-president of exploration, stated, "I am extremely optimistic that this second phase of drilling will not only advance confidence in the historical silver mineralization reported for the Kate deposit, but also will demonstrate that there is considerable resource potential at depth."

Qualified persons

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, has prepared, supervised the preparation or approved the scientific and technical disclosure in this news release.

About Viscount Mining Corp.

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 west-southwest of Pueblo, Colo., and has year-around access by paved road. The property consists of 2,029 acres where high-grade silver, gold and base metal production came from numerous mines during the period 1878 to the early 1900s.

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