Viscount Mining Corp. and Centerra Gold Inc. have started their drill program at Cherry Creek property in Nevada. The first target is an area with a large soil and rock sample molybdenum and gold geochemical anomaly.

The area is underlain gold bearing jasperoid which occurs along the upper and lower contact of the Eureka Quartzite. Jasperoids are iron rich silicious bodies that form when silica floods into a susceptible host rock or contact along with hydrothermal fluids related to a potentially mineralizing event. Not all jasperoids are mineralized, but they are a good indication of mineralization nearby or at depth.

The magnetic anomaly of the first target is dipping moderately to the east and may represent a magnetic dike or porphyry related to the large Eocene age pluton that underlies the entire Cherry Creek mining district. The combined magnetic and molybdenum anomalies area are suggestive of a mineralized porphyry at depth. A porphyry in this area could be the engine driving the silver plus base metal veins, CRD occurrences, and Carlin type gold mineralization in the district.

The second target is to test the continuation of the mineralized Exchequer Fault zone where it extends into the southwest part of property. The Exchequer Fault is a through-going, deep seated, northeast trending structure that likely served as a plumbing system for the main Cherry Creek district. It has several parallel subsidiary faults, and splays that widen its footprint.

These features are likely the source for the gold mineralization on claims to the southwest of Cherry Creek. Approximately seven Reverse Circulation (RC) drill holes, for 1,500 meters of drilling.