Northwire Canada EditionSunday, November 8, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Production / Operations

OTC Markets Group Welcomes Viscount Mining Corp to OTCQX

OTCQX Upgrade Confirms Compliance Standards

Executive Summary
  • Viscount Mining Corp has successfully upgraded from the OTCQB Venture Market to the OTCQX Best Market effective April 28, 2026.
  • Trading symbol changed to VLMGF on the OTC Markets Group.
  • The upgrade coincides with significant drilling progress at the Silver Cliff Project in Colorado.
  • Key project highlights include a continuous 843.9-metre intersection of Gold-Copper mineralization at the Passiflora target and a NI 43-101 compliant near-surface silver resource at the Kate Deposit (24 Moz Ag).
  • The Cherry Creek Project in Nevada remains active with plans for drilling carbonate-replacement and porphyry targets.
  • The company confirms it is fully funded following an oversubscribed $5.6 million financing closed in March 2026.
Material Impact
  • Liquidity and Visibility: The OTCQX upgrade is a structural improvement that allows access to institutional investors restricted from lower-tier markets, potentially improving liquidity and reducing the discount on valuation.
  • Compliance Validation: Qualification for OTCQX requires meeting higher financial reporting standards, validating the company's recent financing disclosures and corporate governance.
  • Market Sentiment Disconnect: Despite positive operational news (financing, drilling, upgrade), the stock price has declined approximately 60% from its July 2025 peak ($1.21) to current levels ($0.43). This suggests the market is pricing in dilution risks or skepticism regarding near-term revenue generation rather than reacting positively to the compliance milestone.
  • Incremental Nature: The upgrade follows a planned financing and drilling program announced in March 2026; it confirms execution of previous plans rather than introducing new geological value, fitting the "Routine" classification.
VML · Price
Company Overview
  • Company: Viscount Mining Corp (TSX-V: VML; OTCQX: VLMGF).
  • Strategy: District-scale exploration in historic mining districts with excellent infrastructure (Colorado, Nevada).
  • Flagship Project: Silver Cliff Project (Colorado), comprising the Kate Deposit and Passiflora Target.
    • Kate Deposit: Near-surface epithermal silver system; NI 43-101 resource of ~24 Moz Ag.
    • Passiflora Target: Gold-Copper porphyry system; Hole PF-03A intersected 843.9m continuous mineralization averaging 0.214% CuEq.
  • Secondary Project: Cherry Creek (Nevada), targeting carbonate-replacement deposits and tungsten zones.
Read the original news release →

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