logo-loader
Viscount Mining Corp

Viscount Mining says reconnaissance drilling at Cherry Creek meets aims

The objective of the work was to test the Star Vein and the Exchequer Vein systems for continuity at depth

A gold vein
The firm's drilling was aimed understanding the vein systems more

Viscount Mining Corp (CVE:VML) (OTCMKTS:VLMGF) told investors that reconnaissance drilling at its Cherry Creek property in Nevada had achieved its aims.

The objective of the work was to test the Star Vein and the Exchequer Vein systems for continuity at depth, said the  Vancouver-based company.

READ: Viscount Mining begins gold drilling in test at Cherry Creek project in Nevada

Cherry Creek consists of 293 unpatented and patented claims as well as mill rights and spans over 2,442 hectares. It includes more than 20 past producing mines.

The two-hole (CC045 and CC046) reverse circulation (RC) program took place in late November and early December.

"First, hole CC045 established that the South Star Vein extends much deeper than previously known from review of existing underground mapping. Further, the vein possibly widens at depth, although more drilling is required to confirm this," said Mark Abrams, Viscount's director and geologist.

He said the hole successfully tested the upper level of the lesser known North Star Vein and established gold and silver mineralization was present within 132 m (434 ft) of the surface, even though the vein has not been mapped on the surface.

Stockwork alteration

Additionally, both hole CC045 and CC046 appear to have identified quartz vein stockwork alteration which Viscount plans to investigate further.

Stockworks are a common feature in many mineral deposits and mines worldwide.

Highlight intercepts in CC045 included 3.26 g/t (grams per ton) gold (0.10 oz/ton) and 36 g/t silver (1.15 oz/ton) over 1.52 m (meters).

Contact Giles at [email protected]

Quick facts: Viscount Mining Corp

Price: $0.21

Market: TSX-V
Market Cap: $11.04 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Viscount Mining Corp named herein, including the promotion by the Company of Viscount Mining Corp in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read