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Viscount and Centerra Gold Commences Drilling at Cherry Creek, Nevada
CGAUCenterra Gold (CGAU) Newsfile·2024-11-19 12:45

Core Viewpoint - Viscount Mining Corp. has initiated a drill program at its Cherry Creek property in Nevada, in partnership with Centerra Gold Inc. [1] Group 1: Drill Program Details - The first target of the drill program is an area with significant molybdenum and gold geochemical anomalies, underlain by gold-bearing jasperoid [2] - The magnetic anomaly at the first target suggests the presence of a mineralized porphyry at depth, which could be responsible for the silver and base metal veins in the district [3] - The second target aims to explore the continuation of the mineralized Exchequer Fault zone, which is believed to be a key structure for gold mineralization in the area [4] - The drill program will consist of approximately seven Reverse Circulation (RC) drill holes, totaling 1,500 meters of drilling [5] Group 2: Company Overview - Viscount Mining is a project generator and exploration company with a portfolio of silver and gold properties in the Western United States, including the Cherry Creek property in Nevada and Silver Cliff in Colorado [7] - The Cherry Creek property includes 578 unpatented and 17 patented claims, with a history of past production from over 20 mines [9]