Mr. Jim MacKenzie reports

VISCOUNT MINING DRILLING INTERCEPTS 1100M OF SIGNIFICANT SULFIDES IN FIRST DEEP DRILL HOLE AT THE PASSIFLORA IN SILVER CLIFF, COLORADO

Viscount Mining Corp. has completed the first deep drill hole on the Passiflora in Silver Cliff, Colo.

The first drill hole completed to a downhole depth of 1,143 metres at the Passiflora has intersected continuous sulphide mineralization throughout the entire length of the hole. The drill hole identified disseminated sulphides, as well as more massive zones and abundant veins, that are present over an interval of 1,100 m. Pyrite and chalcopyrite was first identified at 465 m, followed by galena at 854 m and sphalerite noted tentatively at 213 m, but more confidently farther down the hole. Magnetite was noted in trace amounts at 680 m and biotite at 125 m. Argillic alteration was encountered below the overburden, and around 200 m, it seems to change to phyllic alteration. Much of the hole after showed abundant overprinting of different types of alteration. Also, three mineralized breccia zones were identified during preliminary logging. Chalcopyrite is a brass-yellow mineral with a chemical composition of CuFeS2. It occurs in all copper porphyry deposits and is the main copper mineral in the porphyry systems.

The core is currently being logged in detail and prepared for assay. Viscount is currently in the planning stages for confirmation holes.

Jim MacKenzie, chief executive officer of Viscount, stated: "The first deep drill hole at Passiflora was very consistent with the findings of the Quantec Titan survey and exceeded our expectations. As predicted, the core has abundant metallic minerals in disseminated and interlocking veins and masses that are all likely connected over an interval of 1,100 m. This first hole with the geologic setting, in a caldera, the associated alteration and the presence of Manto deposits gives us the confidence that a porphyry-style deposit may be reason for the geophysical anomaly.

"The volcanic history of the region as a caldera makes it completely reasonable to assume that the Passiflora target could be a porphyry at depth. This caldera is one of at least 10 eruptive centres of the central Colorado volcanic field. Four of these 10 have been further classified as silicic eruptive centres, of which the Silver Cliff caldera is one (McIntosh and Chapin, 2004). Another member of this classification is the Cripple Creek mine, a highly profitable, still active deposit located approximately 70 kilometres north/northeast of the Passiflora. The ore being mined at Cripple Creek is primarily from diatremes (volcanic breccia pipes), which overlie sulphide-altered, porphyritic igneous intrusions. Based on Viscount's first hole, a similar system of sulphide-hosting igneous intrusions also exist at depth in the Passiflora target."

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 as such term is defined under National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

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 96 lode claims where high-grade silver, gold and base metal production came from numerous mines during the period 1878 to the early 1900s. 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 offer 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. Based on the accumulated data and feasibility study, Tenneco Minerals made the decision with silver at $5 (U.S.) an ounce to construct at that time a $35-million (U.S.) milling operation for the extraction of the silver reserves at Silver Cliff. Shortly thereafter, Tenneco's mining unit was sold, and the planned milling operation was abandoned.

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 578 unpatented and 17 patented claims, as well as mill rights. Cherry Creek includes more than 20 past-producing mines. In January, 2021, Viscount entered an exploration earn-in agreement with a wholly owned subsidiary of Centerra Gold Inc. Centerra is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide.

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