Commencement Of Drilling Significant Large Geophysical Anomaly At Silver Cliff

VANCOUVER - Viscount Mining Corp. has commenced on the Passiflora in Silver Cliff, Colorado. During the Viscount drill campaign in 2017 at the Kate Silver Resource, field reconnaissance noted that areas to the north seemed to exhibit phyllic/argillic alteration. This was confirmed by drilling in this area in 2020 to 2022, and showed anomalous precious and base metal concentrations. The only historic report available on the Passiflora target is one written by R. A. Rivera for Coca Mines in 1983. In this report, Rivera gives a brief history of the exploration efforts, and a reserve calculation for the Passiflora target released indicated at least 64M oz. silver at 51.9 G/T (not NI 43-101 compliant). It is noted in his report that the deposit was presented as "a set of steeply dipping, NNW striking, tabular mineralized zones" (Rivera, 1983). It is also implied that the deposit could go much deeper as Rivera states that some drill holes presented high assay values at their total depths but they did not test the conductive anomaly at depth as identified by Quantec.

The Quantum Geophysics TITAN MT completed resistive survey under took by Viscount showed that a strong conductor was present staring at a depth of around 400 meters, and continues to ~ 1.5km (the lower limit might be somewhat different). Viscount is inaugurating an 8000m drill program starting with drilling a 1500m core exploratory discovery hole to try to determine the nature of this anomaly. The geologic setting, in a caldera, the associated alteration and the presence of Manto deposits, make it possible that a porphyry style deposit may be reason for the geophysical anomaly.

Jim MacKenzie, CEO said, "We are excited to begin our drill program aimed at determining the composition of the very high conductivity source. 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. Quantec Geoscience stated this is one of the lowest resistivity anomalies they have ever seen. The Quantec survey shows that the geophysical foot print has the indication that we are looking at a potentially significantly large mineral system at the Passiflora."