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Viscount Mining Drilling Intercepts 1100m of Significant Sulfides In First Deep Drill Hole at the Passiflora in Silver Cliff, Colorado.

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Viscount Mining Corp (TSXV: VML) (OTC Pink: VLMGF) has completed its first deep drill hole at the Passiflora target in Silver Cliff, Colorado, intercepting continuous sulfide mineralization throughout the entire 1143m depth. The drill hole revealed significant findings including:

- Continuous sulfide mineralization over 1100m interval
- Discovery of chalcopyrite, molybdenite, and pyrite
- Three mineralized breccia zones identified
- Geophysical survey indicates a conductive anomaly starting at ~400m depth, extending to ~1.5km

The deposit's characteristics suggest a significant system of interconnected mineralized fractures, with a detectable anomaly length of ~1.4km in SW-NE direction, 700m width, and a total volume exceeding 665,000,000m³. The geological setting, within a caldera and associated alteration patterns, indicates potential for a porphyry-style deposit.

Viscount Mining Corp (TSXV: VML) (OTC Pink: VLMGF) ha completato il suo primo foro di perforazione profonda presso il target Passiflora a Silver Cliff, Colorado, intercettando una mineralizzazione solfurea continua per tutta la profondità di 1143m. Il foro di perforazione ha rivelato scoperte significative tra cui:

- Mineralizzazione solfurea continua su un intervallo di 1100m
- Scoperta di calcopirite, molibdenite e pirite
- Identificazione di tre zone di breccia mineralizzate
- Il sondaggio geofisico indica un'anomalia conduttiva che inizia a ~400m di profondità, estendendosi fino a ~1,5km

Le caratteristiche del deposito suggeriscono un sistema significativo di fratture mineralizzate interconnesse, con una lunghezza dell'anomalia rilevabile di ~1,4km in direzione SW-NE, larghezza di 700m e un volume totale che supera i 665.000.000m³. L'impostazione geologica, all'interno di una caldera e i relativi modelli di alterazione, indicano un potenziale per un deposito in stile porfirico.

Viscount Mining Corp (TSXV: VML) (OTC Pink: VLMGF) ha completado su primer pozo de perforación profunda en el objetivo Passiflora en Silver Cliff, Colorado, interceptando mineralización de sulfuros continua a lo largo de los 1143m de profundidad. El pozo de perforación reveló hallazgos significativos, incluyendo:

- Mineralización de sulfuros continua en un intervalo de 1100m
- Descubrimiento de calcopirita, molibdenita y pirita
- Identificación de tres zonas de brecha mineralizadas
- La encuesta geofísica indica una anomalía conductiva que comienza a ~400m de profundidad, extendiéndose hasta ~1.5km

Las características del depósito sugieren un sistema significativo de fracturas mineralizadas interconectadas, con una longitud de anomalía detectable de ~1.4km en dirección SW-NE, un ancho de 700m y un volumen total que supera los 665,000,000m³. El contexto geológico, dentro de una caldera y los patrones de alteración asociados, indica potencial para un depósito de estilo pórfido.

Viscount Mining Corp (TSXV: VML) (OTC Pink: VLMGF)는 콜로라도 실버 클리프의 패시플로라 타겟에서 첫 번째 심층 드릴링을 완료하였으며, 1143m 깊이 전반에 걸쳐 지속적인 황화물 광물화를 발견하였습니다. 드릴링 결과는 다음과 같은 중요한 발견을 포함하고 있습니다:

- 1100m 구간에서 지속적인 황화물 광물화
- 칼코파라이트, 몰리브덴 광, 황철광 발견
- 세 개의 광물화된 브레치아 구역 확인
- 지구물리 조사 결과 ~400m 깊이에서 시작되는 전도성 이상이 ~1.5km까지 이어짐

이 광상의 특성은 상호 연결된 광물화된 균열의 중요한 시스템을 시사하며, SW-NE 방향으로 ~1.4km의 탐지 가능한 이상 길이, 700m 너비, 총 부피가 665,000,000m³를 초과합니다. 칼데라 내의 지질적 환경과 관련된 변형 패턴은 포르피리 스타일의 광상이 있을 가능성을 나타냅니다.

Viscount Mining Corp (TSXV: VML) (OTC Pink: VLMGF) a achevé son premier forage profond au cible Passiflora à Silver Cliff, Colorado, interceptant une minéralisation de sulfures continue sur toute la profondeur de 1143m. Le forage a révélé des découvertes significatives, notamment :

- Minéralisation de sulfures continue sur un intervalle de 1100m
- Découverte de chalcopyrite, de molybdénite et de pyrite
- Identification de trois zones de brèche minéralisées
- L'enquête géophysique indique une anomalie conductrice commençant à ~400m de profondeur, s'étendant jusqu'à ~1,5 km

Les caractéristiques du dépôt suggèrent un système significatif de fractures minéralisées interconnectées, avec une longueur d'anomalie détectable d'environ ~1,4 km dans la direction SO-NE, une largeur de 700m et un volume total dépassant 665 000 000m³. Le contexte géologique, au sein d'une caldeira et des motifs d'altération associés, indique un potentiel pour un dépôt de type porphyre.

Viscount Mining Corp (TSXV: VML) (OTC Pink: VLMGF) hat sein erstes tiefes Bohrloch am Passiflora-Ziel in Silver Cliff, Colorado abgeschlossen, das über die gesamte Tiefe von 1143m kontinuierliche Sulfidmineralisierung aufwies. Das Bohrloch brachte bedeutende Funde zutage, darunter:

- Kontinuierliche Sulfidmineralisierung über einen Intervall von 1100m
- Entdeckung von Chalcopyrit, Molybdänit und Pyrit
- Identifizierung von drei mineralisierten Brekzienzonen
- Geophysikalische Untersuchung zeigt eine leitfähige Anomalie, die bei ~400m Tiefe beginnt und sich bis auf ~1,5km erstreckt

Die Eigenschaften des Deposits deuten auf ein bedeutendes System von miteinander verbundenen mineralisierten Brüchen hin, mit einer nachweisbaren Anomalielänge von ~1,4km in SW-NE-Richtung, einer Breite von 700m und einem Gesamtvolumen von über 665.000.000m³. Die geologische Umgebung innerhalb einer Caldera und die damit verbundenen Alterationsmuster weisen auf das Potenzial für ein Porphyr-ähnliches Vorkommen hin.

Positive
  • Extensive mineralization discovered over 1100m continuous interval
  • Large-scale deposit with volume exceeding 665,000,000m³
  • Multiple valuable minerals identified including copper-bearing chalcopyrite
  • Geological indicators suggest potential porphyry-style deposit
Negative
  • Assay results still pending - actual mineral grades unknown
  • Additional confirmation holes needed to verify findings
  • According to Quantec geoscientists, a deposit with this large size and this high of a conductivity (extremely low resistivity) is likely explained by a significant system of interconnected mineralized fractures.
  • The main body of the conductive anomaly starts at a depth of ~400m and continues to a depth of ~1.5km, maybe deeper. The detectable length of the anomaly is ~1.4km in the SW-NE direction with a width of at least 700m and an open interpretation to the untested NW. This represents a total volume of over 665,000,000m3 as determined by Quantec.

  • Noteworthy sulfides including chalcopyrite, molybdenite and pyrite prevailing over a continuous interval of 1100m.

  • Viscount's first drill hole in the Passiflora target seems to have most of the mineral assemblage and alteration zones that are typical of most known copper porphyry systems.

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2025) - Viscount Mining Corp. (TSXV: VML) (OTC Pink: VLMGF) ("Viscount" or "the Company") is pleased to announce the first deep drill hole on the Passiflora in Silver Cliff, Colorado has successfully been completed.

The first drill hole completed to a downhole depth of 1143m at the Passiflora has intersected continuous sulphide mineralization throughout the entire length of the hole. The drill hole which identified disseminated sulphides as well as more massive zones and abundant veins are present over an interval of 1100m. Pyrite and chalcopyrite was first identified at 465m, followed by galena at 854m and sphalerite noted tentatively at 213m but more confidently further down the hole. Magnetite was noted in trace amounts at 680m and biotite at 125m. Argillic alteration was encountered below the overburden, and around 200m it seems to change to phyllic alteration. Much of the hole after showed abundant overprinting of different types of alteration. Also, three mineralized breccia zones were identified during preliminary logging. Chalcopyrite is a brass-yellow mineral with a chemical composition of CuFeS2. It occurs in all copper porphyry deposits and is the main copper mineral in the porphyry systems.

The core is presently being logged in detail and prepared for assay. Viscount is currently in the planning stages for confirmation holes.

Jim MacKenzie, CEO of Viscount, stated: "The first deep drill hole at Passiflora was very consistent with the findings of the Quantec Titan survey and exceeded our expectations. As predicted, the core has abundant metallic minerals in disseminated and interlocking veins and masses that are all likely connected over an interval of 1100m. This first hole with the geologic setting, in a caldera, the associated alteration and the presence of Manto deposits, gives us the confidence of that a porphyry style deposit may be reason for the geophysical anomaly."

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Photo 1. This photo shows both the vein pyrite. These are the metallic thin bands occur at several places in the core and are steep angles to the core. The more massive pyrite occurs on both sides of the wooden marker 1010 (306m). The core below the marker 1015 shows porphyritic texture; fine grey ground mass with white larger minerals

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Photo 2. This piece of core exhibits three separate areas of galena, the major lead sulfide. They are bright metallic luster and lead-grey in color. In porphyry copper deposits they often present as an additional economic important metal to the copper.

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Photo 3. The chalcopyrite can be seen as being more brassy in color to pyrite. When disseminated or in small veins, the metallic minerals are hard to tell apart. On the cross section of the core small blebs of pyrite can be seen, and are easier to tell apart from the chalcopyrite than the pyrite with the arrow.

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Figure 1, below, is a cross section of through line L1E which depicts a view of the massive, low resistivity anomaly described by Quantec. As shown, the bowl-shaped anomaly extends ~1400m (~4590 ft) across the center of the caldera, and at least 1500m (~4920 ft) deep, maybe deeper, depending upon the accuracy of resistivity detection below the conductive body.

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Figure 1. A cross section through line L1E showing resistivity (in ohm-m) to a depth of ~2400

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With 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. This caldera is one of at least ten eruptive centers of the Central Colorado Volcanic Field (CCVF). Four of these ten have been further classified as silicic eruptive centers, of which the Silver Cliff caldera is one (McIntosh and Chapin, 2004). Another member of this classification is Cripple Creek Mine, a highly profitable, still active deposit located ~70km NNE of the Passiflora. The ore being mined at Cripple Creek is primarily from diatremes (volcanic breccia pipes), which overlie sulfide-altered, porphyritic igneous intrusions. Based on Viscount's first hole a similar system of sulfide-hosting igneous intrusions also exist at depth in the Passiflora target."

Qualified Persons

The scientific and technical information contained in this news release has been reviewed and approved by Harald Hoegberg PG, an independent consulting geologist who is a "Qualified Person" (QP) as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

About Viscount Mining (TSXV: VML) (OTCQX: VLMGF)

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.

The Silver Cliff property in Colorado lies within the historic Hardscrabble Silver District in the Wet Mountain Valley, Custer County, south-central Colorado. It is located 44 miles WSW of Pueblo, Colorado, and has year-around access by paved road. The property consists of 96 lode claims where high grade silver, gold and base metal production came from numerous mines during the period 1878 to the early 1900's. The property underwent substantial exploration between 1967 and 1984. The property is interpreted to encompass a portion of a large caldera and highly altered sequence of tertiary rhyolitic flows and fragmental units which offers potential to host deposits with both precious and base metals. This has been demonstrated in the mineralization historically extracted from the numerous underground and surface mining operations. Based on the accumulated data and feasibility study, Tenneco Minerals made the decision with silver at $5.00 USD an ounce to construct at that time a $35,000,000 USD milling operation for the extraction of the silver reserves at Silver Cliff. Shortly thereafter Tenneco's Mining Unit was sold, and the planned milling operation was abandoned.

The Cherry Creek exploration property is in an area commonly known as the Cherry Creek Mining District, located approximately 50 miles north of the town of Ely, White Pine County, Nevada. Cherry Creek consists of 578 unpatented and 17 patented claims as well as mill rights. Cherry Creek includes more than 20 past producing mines. In January 2021, Viscount entered an exploration earn - in agreement with a wholly owned subsidiary of Centerra Gold Inc. Centerra is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide.

For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com

ON BEHALF OF THE BOARD OF DIRECTORS

"Jim MacKenzie"

President, CEO and Director
For further information, please contact:
Viscount Investor Relations
Email: info@viscountmining.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to Viscount Mining's operations, exploration and development plans, expansion plans, estimates, expectations, forecasts, objectives, predictions and projections of the future. Specifically, this news release contains forward looking statements with respect to the actual size of the anomaly, feasibility, grade of mineralization and the content of the mineralization. Generally, forward-looking statements can be identified by the forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "projects", "intends", "anticipates", or "does not anticipate", or "believes", or "variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Viscount Mining to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and development and operation of Viscount Mining's projects, the actual results of current exploration, development activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future precious metals prices, as well as those factors discussed in the sections relating to risk factors of our business filed in Viscount Mining's required securities filings on SEDARPlus. Although Viscount Mining has attempted to identify important factors that could cause results to differ materially from those contained in forward-looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended.

There can be no assurance that any forward-looking statements will prove accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Viscount Mining does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245287

FAQ

What significant minerals did Viscount Mining (VLMGF) discover in their Passiflora drill hole?

The drill hole revealed chalcopyrite (first identified at 465m), galena (at 854m), sphalerite, pyrite, and traces of magnetite (at 680m) and biotite (at 125m).

How deep is the conductive anomaly discovered at Viscount Mining's (VLMGF) Passiflora target?

The main conductive anomaly starts at approximately 400m depth and continues to about 1.5km, possibly deeper.

What is the total volume of the mineralized system at VLMGF's Passiflora target?

According to Quantec, the total volume of the mineralized system exceeds 665,000,000 cubic meters.

How does the Passiflora target's location compare to other mining operations?

The Passiflora target is located in the Silver Cliff caldera, about 70km SSW of the profitable Cripple Creek Mine, within the Central Colorado Volcanic Field.
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