Viscount Mining Intersects Additional High Grade Silver from Drill Holes at its Silver Cliff Property, Colorado

Viscount Mining (TSX VENTURE:VML)(OTCQB:VLMGF) (“Viscount” or “the Company”), is pleased to report drill results for all holes twinned in 2016 on the Silver Cliff property in the Hardscrabble Silver District of Custer County, Colorado (the “Property”). The program which commenced in mid-November met its primary objective of confirming the general validity of historical drill intersections of silver mineralization on one of the Silver Cliff deposits known as the Kate Silver Resource (the “KSR”).

The silver-bearing strata are attested by the QP to be altered tuffaceous and fragmental rhyolites as described in USGS reports cited below rather than a silicified stromatolite or limestone reef as was reported in the Company’s December 21, 2016 and January 19, 2017 news release quotes.
The altered, fragmental and near-horizontal nature can be seen in the two accompanying photos of core from vertical hole K16-03. The marked 97 to 102-foot interval assayed 258.1 g/t (8.3 o/t) Ag, from 102 to 107 feet assayed 693.6 g/t (22.3 o/t) Ag, and from 107 to 112 feet assayed 80.9 g/t (2.6 o/t) Ag. A 55-foot interval of K16-03 core from 57 to 112 feet averaged 141.5 g/t (4.55 o/t) Ag. The true widths of the drill hole intersections cannot be determined from the information available.

Future drilling will test the potential for multiple silver-bearing tuffaceous layers because Whitman Cross (USGS, 1896) reported that the shaft of the former Geyser Mine approximately 1 mile southeast of the former Kate Mine provided a “demonstration that stratified rhyolitic tuff and breccia extend to the 2,100-foot level (depth).”
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