Viscount Strengthens Gold-Copper Porphyry Model at Passiflora as Multiple Exploration Datasets Align

Viscount Mining Corp. (VML) announced that its multi-phase exploration program at the Passiflora copper-gold porphyry target, part of the Silver Cliff Project, has reinforced the geological model. The company has integrated various datasets, including MMI soil geochemistry, airborne imagery, Quantec MT geophysics, rock sampling, mapping, and historical drilling. This comprehensive data alignment strengthens the interpretation of Passiflora as a large, district-scale porphyry system.

Based on these findings, Viscount has defined a 2026 drill plan. This plan includes shallow drill testing of USGS-mapped breccia pipes and deep drilling of the strongest portion of the Quantec MT anomaly, with the first deep hole anticipated to be approximately 1500 meters. Permitting for this program is currently underway, with drilling scheduled to commence in early 2026, subject to regulatory approvals.

The most recent news release provides a positive technical update, indicating a successful integration of diverse exploration data that strengthens the geological understanding of the Passiflora target. This is a crucial step in de-risking the project, as a robust geological model enhances the probability of successful future drilling.

The news confirms the company is systematically advancing its exploration efforts, following up on the initial deep drill hole (PF-03A) results announced in August 2025, which confirmed a copper-gold porphyry system. The planned 1500-meter drill hole in early 2026 is a significant undertaking, designed to test the core of the geophysical anomaly that previously yielded encouraging intercepts.

While positive, this news is categorized as "Routine - Positive" rather than "Material - Game Changer" because it represents a planned progression of exploration activities and geological confirmation, rather than a new discovery, an updated resource estimate, or a major financial milestone. It solidifies prior expectations and provides a clear forward path. The market reaction on the news date (volume 4,500, price unchanged) suggests a neutral reception, indicating that this update was largely anticipated by investors.

Viscount Mining Corp. (VML) is a Canadian-based mineral exploration company primarily focused on developing its properties in the United States. Its flagship asset is the Silver Cliff Project located in Custer County, Colorado. The project is strategically positioned within the Central Colorado Volcanic Field, an area known for historical mining activity.

The Silver Cliff Project consists of two main targets: 1. Kate Silver Resource: This is a more advanced target with a National Instrument 43-101 compliant resource. As of September 2025, it contains 10.3 million ounces of silver in the Measured & Indicated category (at an average grade of 72 gpt) and an additional 14.2 million ounces of silver in the Inferred category (at an average grade of 52 gpt). The company aims to delineate and expand this resource, with historical estimates suggesting potential for up to 60 million ounces of silver (though these are non-compliant and require validation). 2. Passiflora Copper-Gold Porphyry Target: This is the primary focus of recent exploration. It was identified through a Quantec Titan MT geophysical survey in 2023, which revealed a significant large, low-resistivity anomaly at depths of 400 to 1500 meters, interpreted as a potential porphyry-style deposit. Initial deep drilling in early 2025 (hole PF-03A) confirmed the presence of a copper-gold porphyry system, intersecting 843.9 meters grading 0.214% copper equivalent (CuEq), including higher-grade zones such as 45 meters at 0.417% CuEq. The mineralization remains open in all directions and at depth. The company is actively integrating multiple exploration datasets to refine its geological model and target future drilling, which currently aims for both shallow breccia pipes and the deep core of the MT anomaly.

Viscount also holds interests in the Cherry Creek Project in Nevada.