September 24, 2024 11:09 AM EDT | Source: Viscount Mining Corp.
Vancouver, British Columbia–(Newsfile Corp. – September 24, 2024) – Viscount Mining Corp. (TSXV: VML) (OTC Pink: VLMGF) (“Viscount Mining is pleased to announce the results of its 2024 Annual General and Special Meeting of shareholders (the “Meeting”) held in Vancouver, BC on September 23, 2024.
At the meeting, a total of 29,026,334 common shares were voted at the AGM, representing 26.34 % of outstanding common shares of the Company. All of the following director nominees listed in the Company’s Management Information Circular dated August 20, 2024 were elected as directors of the Company by a majority of the votes cast by shareholders present or represented by proxy at the Meeting:
- Jim MacKenzie
- Andrew Gertler
- Dr. Grant Devine
- Mark J. Abrams
In addition, at the Meeting, shareholders re-approved the Company’s stock option plan and re-appointed Davidson & Company LLP as auditors of the Company.
About Viscount Mining (TSXV: VML) (OTC Pink: VLMGF)
Viscount Mining is a project generator and an exploration company with a portfolio of silver and gold properties in the Western United States, including Silver Cliff in Colorado and Cherry Creek in Nevada.
The Silver Cliff property in Colorado lies within the historic Hardscrabble Silver District in the Wet Mountain Valley, Custer County, south-central Colorado. It is located 44 miles WSW of Pueblo, Colorado, and has year-around access by paved road. The property consists of 96 lode claims where high grade silver, gold and base metal production came from numerous mines during the period 1878 to the early 1900’s. The property underwent substantial exploration between 1967 and 1992 and is interpreted to encompass a portion of a large caldera and highly altered sequence of tertiary rhyolitic flows to host deposits with both precious and base metals. This has been demonstrated in the ore historically extracted from the numerous underground and surface mining operations. Based on the accumulated data and feasibility study, Tenneco Minerals made the decision with silver at $5.00 USD an ounce to construct at that time a $35,000,000 USD milling operation for the extraction of the silver reserves at Silver Cliff. Shortly thereafter Tenneco’s Mining Unit was sold, and the planned milling operation was abandoned.
The Cherry Creek exploration property is in an area commonly known as the Cherry Creek Mining District, located approximately 50 miles north of the town of Ely, White Pine County, Nevada. Cherry Creek consists of 578 unpatented and 17 patented claims as well as mill rights. Cherry Creek includes more than 20 past producing mines. In January 2021, Viscount entered an exploration earn – in agreement with a wholly owned subsidiary of Centerra Gold Inc. Centerra is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide.
For additional information regarding the above and other corporate information, please visit the Company’s website at www.viscountmining.com
ON BEHALF OF THE BOARD OF DIRECTORS
“Jim MacKenzie”
President, CEO and Director
THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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