Viscount Mining Corp (TSX-V:VML, OTCQB:VLMGF) has announced the first results on the New Century-Rattlesnake target from the 2021 work program on the 100% controlled Cherry Creek project in eastern White Pine County, Nevada.
The company’s partner Centerra Gold Inc conducted geological mapping and geochemical sampling on the property.
The company said 151 rock samples and 381 soil samples were collected in the New Century-Rattlesnake target area and analyzed for gold, silver, and pathfinder elements. The maximum rock sample for gold is 76.9 gram per tonne.
The company noted that this sample represents the highest gold value in a rock-chip sample on the Cherry Creek project. A significant amount of additional sampling in 2021 has greatly expanded the Rattlesnake Canyon portion of this target area.
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At least 22 rock samples ran greater than or equal to 1 g/t gold, the company said. Moreover, 15 rock samples ran greater than or equal to 2 g/t, while 9 rock samples ran greater than or equal t o10 g/t, and 4 of the rock samples ran greater than or equal to 20 g/t.
The high soil sample for gold was 99 parts per billion (ppb). These are significant gold values that occur in clusters over a long strike length, leading the company to believe in the excellent potential of this target.
New Century-Rattlesnake Target Area Location
So far, Centerra has taken 1,005 rock chip samples and 1,207 soil samples.
The New Century-Rattlesnake target is comprised of the New Century (Imperial) and Exchequer mines on the southwest side of the target area in Exchequer Canyon, and a large cluster of un-named gold prospects on the northeast side of the target area in Rattlesnake Canyon.
In between these areas are numerous precious metals prospects. These mines and prospects lie in faults and veins proximal to the Exchequer master fault, Viscount noted.
The Exchequer and New Century mines are the largest precious metal occurrences on the Exchequer fault in the target area.
Production from these mines is reported by F.C Schrader in the Nevada State Bureau of Mines and Mackay School of Mines, in 1931 as $3 million in silver at silver grades of 22 ounces per tonne (opt) and gold grades of 0.05 opt gold.
Mineralization at the New Century-Rattlesnake target and the past-producing mines is generally localized along east-northeast near-vertical quartz veins hosted in argillite, limestone, shale, and quartzite.
The strike length of the mineralized zone on the New Century-Rattlesnake target area is 2,100 meters and the target area encompasses 703.75 acres or 284.8 hectares, the company said.
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