First drill hole of ten received "Viscount Mining Drills 147.6 g/t Silver over 18.6 Meters, Including 10 Meters at 236 g/t Silver at Silver Cliff Colorado"
https://ceo.ca/@newsfile/viscount-mining-drills-1476-gt-silver-over-186-meters
DDH21 confirms that the Kate East Zone extends to the north. Has yielded 5 oz/t including 7.5 oz/t silver over a good number of metres. And this is "the first hole of ten drilled in the second phase of a three-phase drill program at the Silver Cliff property in Colorado." In 2020 we got stuff like 7.6 M @ 40 oz/t and the market barely reacted to it. This company is absurdly overlooked and undervalued. As I said before, the historic resource (114 million ounces) is nearly as big as the 43-101 resource of Silver One, grade is equivalent, and yet Silver One has a market cap 6x bigger.
They remind us in the NR that Tenneco was going to build a mine here before the silver price went down and some corporate nonsense took place, that was how strongly they believed in it:
"Tenneco Minerals leased the Kate property in 1987. They had the previous drill data available to them, which was the results from 11,930 meters in 249 drill holes that had been done since 1968. The following two years Tenneco drilled an additional 143 holes totaling 7,949 meters. Based on the accumulated data and a feasibility study, Tenneco Minerals made the decision to construct a $35,000,000 milling operation for the extraction of the silver reserves at Silver Cliff. Shortly thereafter Tenneco decided to sell the minerals division, and the planned milling operation was abandoned."