Viscount drills 45 m of 0.41% CuEq at Silver Cliff

Executive Summary

• Viscount Mining’s first deep drill hole (PF‑03A) intersected 843.9 m of continuous Cu‑Au mineralization averaging 0.214 % CuEq, with multiple higher‑grade zones (e.g., 189 m @ 0.326 % CuEq, 45 m @ 0.418 % CuEq).
• The results confirm a robust copper‑gold porphyry system that is open in all directions and at depth, suggesting potential for a large, long‑life deposit.
• Company plans an expanded drilling campaign to test deeper portions of the Titan MT anomaly and step‑out laterally, plus further metallurgical work.

Key Details

• Hole PF‑03A: 1,144 m total depth (planned 1,500 m); intersected 843.9 m continuous Cu‑Au mineralization.
• Average grades over intercept: 0.216 % CuEq (2,163 ppm), 134 ppb Au, 0.33 % Zn, 1.02 % Pb, 892 ppm Mo.
• Higher‑grade intervals:
• 189 m @ 0.326 % CuEq (incl. 45 m @ 0.418 % CuEq)
• 99 m @ 0.278 % CuEq (incl. 24 m @ 0.306 % CuEq)
• Maximum CuEq: 0.783 % (sample 179326).
• Gold contribution: 40.1 % of total CuEq value; copper contributes 48.9 %.
• Economic continuity: 47 % of samples above typical early‑stage porphyry cut‑off (~0.15 % CuEq).
• Anomaly dimensions (Quantec Titan MT): ~2.4 km length, ≥0.7 km width, depth >1.5 km; estimated volume >665 million m³.
• Drill program: Initiated 22 Jan 2025; completed 7 Mar 2025; upper 300 m not assayed (visual sulphide mineralization observed).
• Future work: Expanded deep drilling to test full MT anomaly, lateral step‑outs, and metallurgical testing for Cu, Au, Zn, Pb, Mo recovery.
• Qualified Person: Harald Hoegberg, PG (NI 43‑101).

Notable Quotes

“Grades like this… are a clear signal we’re dealing with a significant deposit.” – Jim MacKenzie, CEO

“The consistent copper values… all point to a robust porphyry deposit… the system is open in every direction.” – Mark Abrams, VP Exploration