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Viscount Mining begins drilling at Silver Cliff property

The drilling program aims to expand the previously defined Kate resource as well as further outline the South Kate high-grade zone and test new targets

Viscount Mining Corp - Viscount Mining begins drilling at Silver Cliff property
The drilling targets follow a resource which estimated that the Kate deposit contains around 5.56 million ounces of silver

Viscount Mining Corp (CVE:VML) (OTCQB:VLMGF) (FRA:7VM) said it has commenced the first phase of a three-phase drill program at its Silver Cliff property in Colorado. 

The exploration company, which has a portfolio of silver and gold properties in the Western US, said its 2020 drill campaign has three objectives; to expand the previously defined Kate resource (KSR), further outline the South Kate high-grade zone, and test new targets.

READ: Viscount Mining hires Godbe Drilling for its upcoming drill program at Silver Cliff, Colorado

Five of the planned drill holes are East, North, and West of the resource, while four drill holes will be used to start to define the South Kate high-grade zone. If successful, the firm said it will potentially improve the grade of the KSR.

Meanwhile, Viscount said two drill holes will be used to test new targets, with one of the holes in the Kate high-grade zone to be drilled past the high grade to test the hypothesis that a second mineralized zone exists at depth. The second hole will test the Passiflora target.

The company said it will also continue to drill with the objective of adding to the ACS resource estimate of the KSR deposit, as well as moving forward on the evaluation of the resource potential of several other promising targets.

The drilling targets follow a resource defined by Dr Gilles Arseneau in a 2018 NI 43-101 report based on data collected by Viscount, which estimated that the Kate deposit contained 2.06 million tonnes of Indicated Mineral Resource averaging 84 grams per tonne (g/t) of silver for 5.56 million ounces of silver and 3.17 million tonnes of Inferred Mineral Resource averaging 70 g/t of silver for 7.14 million ounces of silver.

Contact the author at calum@proactiveinvestors.com

Follow him on Twitter @Cal_Proac

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Price: 0.43 CAD

TSX-V:VML
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