Viscount Mining Corp (CVE:VML) (OTCQB:VLMGF) reported the results from the first hole of ten sunk at the Silver Cliff property in Colorado, which included an intersection of 99.6 grams per ton (g/t) silver over 21.6 meters in one hole.
As reported previously, the aim behind the 2020/2021 drill campaign was to expand the previously defined Kate resource, with the objective of adding to an earlier resource estimate of the KSR/Kate deposit and to further outline the South Kate high-grade zone and assess any other promising targets.
READ: Viscount Mining completes first of three-phase drill program at Silver Cliff property, Colorado
The core from ten holes have now been submitted to the lab for assays, the company said in a statement on Wednesday.
Hole DDH-20-01 assayed 99.6 g/t silver over 21.6 meters from 19.5 meters to 41.1 meters, Viscount said, adding that strong showings were also encountered of 137.9 g/t silver from 19.5 meters to 25.3 meters and 202.7g/t silver, from 35.3 meters to 41.4 meters.
"This seems to indicate that there may be continuity of the 'Kate East Zone'. An additional three holes were drilled in this zone, and we are awaiting those results," Viscount told investors.
The firm added that the next phase of exploration is aimed to begin early this year, with plans including additional drilling, geophysics, field mapping and sampling.
Silver Cliff sits in the historic Hardscrabble silver district in Custer county and boasts year-round access by paved road. It comprises over 2,300 hectares where high-grade silver, gold and base metals were produced from 1878 to the early 1900s.
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.
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