Viscount's Kate deposit has multiple expansion targets

Executive Summary

• Viscount Mining Corp. released updated interpretations of its 2025 soil geochemistry program at the Kate silver deposit (Silver Cliff project, Colorado), identifying a continuous north-south silver corridor that reinforces the potential for resource expansion beyond the current NI 43-101 footprint.
• The company plans a 2026 drill program consisting of 10 holes (500–750 meters) to test stepout targets at Kate North, Kate Northeast, and the Ben West structural corridor, as well as infill drilling within the existing resource envelope.
• Historical drilling data highlights significant high-grade silver intercepts, with 25 of 54 Viscount drill holes showing intervals >110 g/t and 10 holes showing intervals >400 g/t, supporting the interpretation of a robust, near-surface epithermal system.

Key Details

• Geochemistry Program: 2025 MMI soil geochemistry program collected 549 samples over 1,800 square feet.
• Anomaly Definition: Identified a coherent, highly developed silver-in-soil anomaly centered on the Kate deposit, forming a distinct north-south corridor extending into Kate North and Kate Northeast target areas.
• Geological Interpretation: Results align with the structural fabric of a known near-surface epithermal silver system. Mineralization appears continuous along a north-south trend, open to the north-northeast.
• Resource Context: Current NI 43-101 resource is based on a $24/oz silver price. The company notes potential to re-examine cut-off assumptions due to higher current silver prices, pending future drilling and a technical update. No new resource estimate has been completed.
• Expansion Targets:
  • North/Northeast: Historical drilling by previous operators returned numerous multi-ounce silver intercepts near Jay Gould breccia pipes.
  • West (Ben West): Historical multi-ounce silver intercepts found along a northeast-trending structure, potentially representing a separate mineralized center or extension of the Kate system.
• Historical Drill Highlights (Viscount):
  • Total of 54 drill holes drilled by Viscount across six campaigns.
  • 25 drill holes presented intervals assaying greater than 110 grams per tonne (g/t) Ag.
  • 10 drill holes displayed intervals assaying over 400 g/t Ag.
• 2026 Drill Program Plan:
  • Scope: 10 drill holes totaling 500 to 750 meters.
  • Objectives:
    • Stepout drilling at Kate North.
    • Stepout drilling at Kate Northeast.
    • Drill testing of the Ben West structural corridor.
    • Infill drilling within the existing resource envelope to support future technical work and revised NI 43-101.
  • Status: Permitting is under way.
• Qualified Person: Harald Hoegberg, CPG, independent consulting geologist.