- Viscount Mining (VLMGF, Financial) reports promising mineralization in the first deep drill hole at the Passiflora project in Silver Cliff, Colorado.
- Continuous sulfide mineralization was discovered over a 1143m depth, with significant indicators of a copper porphyry system.
- Key discoveries include three mineralized breccia zones and multiple alteration zones typical of copper porphyry deposits.
Viscount Mining Corp (OTC: VLMGF) has announced significant findings from its exploration efforts at the Passiflora project in Silver Cliff, Colorado. The company's first deep drill hole has uncovered continuous sulfide mineralization throughout its 1143-meter depth, revealing a potential for a substantial copper porphyry system.
The drilling identified an extensive presence of notable sulfide minerals such as chalcopyrite, galena, sphalerite, and pyrite over a continuous 1100-meter interval. Observations by the field geologists suggest a complex mineralization process, with the presence of multiple alteration zones. This complexity is underscored by the discovery of biotite at a 125-meter depth, argillic alteration near the surface transitioning to phyllic alteration around the 200-meter mark, and magnetite traces at 680 meters.
Viscount Mining's analysis of core samples between 450 meters and 970 meters revealed evidence of overprinting, where minerals usually associated with distinct alteration types were found together. This convergence of mineral assemblages, typical of copper porphyry systems, indicates multiple alteration events.
The core samples are undergoing further analysis, with the first batch being prepared for shipment to SGS Labs in Phoenix for assaying. This step is crucial in understanding the economic potential of the mineralization at the Passiflora project. CEO Jim MacKenzie expressed optimism about these developments, highlighting the company's commitment to advancing exploration efforts in the region.