Viscount Mining Announces Results of 2017 Annual General Meeting

PRESS RELEASE                                                                                             January 30, 2017

VANCOUVER, Canada – – Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or “the Company”), is pleased to announces the results of its Annual General Meeting of Shareholders (the "AGM") held on January 27, 2017 in Vancouver. The motions approved by Viscount’s shareholders included the following:

• Approval of the number of directors at six;
• Election of all six nominees to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed.  Directors James MacKenzie (President & CEO), Kaare Foy (Chairman), Andrew Gertler, William MacDonald and Honourable Grant Devine were re-elected; 
• Mark J. Abrams, BSc. MSc. was newly appointed to the Board of Directors of the Company;
• Approval of the Company’s stock option plan; and;
• Re-appointment of Davidson & Company LLP, Chartered Accountants as the Company's external auditor.

Mr. Abrams has more than 30 years of domestic and international mineral exploration experience. Most recently, he was responsible for exploration and acquisitions in the United States for Golden Predator Corp., prior to which he worked for 12 years for Agnico-Eagle (USA) Ltd., where he led his exploration team to a gold discovery in northeastern Nevada. Mr. Abrams has designed, initiated and conducted advanced project evaluations and acquisitions in the in United States, Mexico, Honduras, Guatemala, Chile, Argentina, Canada, China and Indonesia, including the acquisition of and first exploration work on the Donlin Creek project in Alaska for Placer Dome. He conducted exploration work over 18 years for Placer Dome within the Cortez joint venture and Bald Mountain mine properties. He was responsible for acquiring the lands now occupied by portion of the Pipeline mine and was involved in the early exploration work on the deposit.  Mr. Abrams is experienced in creating and managing programs and budgets ranging from $100,000 to $15,000,000, and holds a BSc. in Geology and MSc. in Geology from Eastern Washington University.

Kaare Foy, Viscount Chairman stated: “Mr. Abrams has been serving on the Company’s Advisory Board since July of 2015 and we look forward to his greater involvement in the growth and leadership of Viscount as it moves forward with its projects.”

The Board and Management of Viscount are deeply saddened to announce the passing of one of its earliest directors, Matthew J. Hughes, a friend and former member of the Board from 2014 – 2017.  Mr. Hughes died on January 27, 2017, at the age of 56.

“Matt was a respected geologist working in the exploration, development and mining industry for more than 25 years,” said Jim MacKenzie, Viscount’s CEO.  “He served on the boards of numerous private and public companies. His wealth of knowledge, networking and expertise has made an invaluable contribution to the Company. Everyone at Viscount extends heartfelt condolences to his family during this difficult time. Matt will be greatly missed by his many friends and family.”

About Viscount Mining (TSX VENTURE: VML) (OTCQB: VLMGF)

Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 9,000 acres, all 100% owned, and includes more than 20 past producing mines.  Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property.  Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement.  Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.

For additional information regarding the above noted property 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          

For further information, please contact:

Viscount Investor Relations

Phone: 604-960-0535                                            

Email: info@viscountmining.com 

Neither 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.

Forward-Looking Statements 

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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Southern to Begin Geophysical Survey at Cruz Property, Argentina

PRESS RELEASE                                                                                         January 23, 2017

VANCOUVER, Canada –- Southern Lithium Corp.  (TSX-V: SNL FSE: SL5)  ("Southern" or "the Company") is pleased to announce that it has initiated a ground geophysics program at its Cruz property ("Cruz"), located in the Pocitos salar basin in Salta Province, Argentina.

Phase 1 Cruz Geophysics Program

Southern will be executing a controlled-source, audio-frequency magnetotellurics ("CSAMT") geophysical survey at the Cruz property (Cruz). Once completed, the CSAMT program will better delineate drill targets. Southern expects to commence the drilling program early this spring.

Controlled-source audio-frequency magnetotellurics ("CSAMT") is a commonly used surface-based geophysical method which provides resistivity information of the subsurface. This low-impact, non-intrusive technique has been used extensively by the minerals, geothermal, hydrocarbon and groundwater exploration industries since 1978 when equipment systems first became available commercially.

The CSAMT method involves transmitting a controlled signal at a suite of frequencies into the ground from one location (transmitter site) and measuring the received electric and magnetic fields in the area of interest (receiver site). Calculated resistivity values from CSAMT data relate to geology. Primary factors affecting resistivity include rock or sediment porosity and the density of pore fluids, which gives an indication of the concentration of dissolved salts, including those of lithium, in the pore fluids.  

At Cruz, as at neighbouring projects including the nearby Enirgi Group’s 100% owned Rincón Project through its wholly owned subsidiary ADY Resources Limited, formations such as the Halitic Zone and structures such as district and local faults exert significant control on mineralization. The CSMAT survey will help Southern identify such stratigraphic units and structures.

Company President Larry Segerstrom states: “The CSAMT geophysical program will strongly assist the Company in identifying and mapping potential lithium-rich brine targets for the next phase of exploration.” We are excited to be on the property which is strategically located within the ‘Lithium Triangle’, where over half of the earth's identified resources of lithium are found.”

About the Cruz Property

The Cruz Property is located in the heart of South America’s Lithium Triangle (northern Chile, northwestern Argentina and southwest Bolivia). The property encompasses 2,500 hectares in the Pocitos salar basin in Salta Province, Argentina, and lies 11 kilometers south of ADY Resources Limited’s lithium brine resource in the Salar del Rincón Basin.

The property is located along the major fault and volcano chain that defines the southern limit of the Rincon Basin, where ADY Resources Limited is extracting lithium brine, and the northern limit of the Pocitos basin, where the Cruz property is located. Both properties lie along the structural belt that hosts the important lithium resources of the region, and adjacent to a major crossing lineament that is thought to have given rise to the hydrothermal activity that has supplied lithium to both closed salar basins.

The 60-kilometer long Pocitos salar basin has previously only been drill tested with a shallow 12-hole program in the 1970s, by an Argentinean government agency, “Direccion General de Fabricaciones Militares”. To date, this is the only confirmed exploration drilling conducted in the Pocitos basin. The hole that produced the best results is near the southeast edge of the Cruz property boundary, and averaged 417 parts per million; note that these results are considered historical and cannot be confirmed under NI 43-101 standards.  

About Southern Lithium Corp (TSX-V: SNL FSE: SL5)

Southern Lithium Corp. is a resource exploration company engaged in the business of acquiring and exploring minerals properties. Southern Lithium Corp. has assembled an experienced management team with a growth strategy to develop portfolio of Lithium projects. The Company's main objective is to add shareholder value through exploration and development of high quality resources through strategic acquisitions, joint ventures, and marketing while maintaining a lower risk profile through project diversification and sound, cost-effective financial management. With the potential acquisition of the Cruz property, Southern Lithium intends to establish its presence in the Pocitos basin and further deliver on its mission to secure technically superior lithium projects. The Company is only focusing on projects of the highest technical merit in favorable geopolitical jurisdictions.

Qualified Persons

The scientific and technical information contained in this news release has been reviewed and approved by Larry Segerstrom, M.Sc. (Geology), P.Geo., a Director of the Company, who is a "Qualified Person" as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

Further information about the Company is available on our website at www.southernlithium.com or under our profile on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD OF DIRECTORS             

“David Alexander”

Chief Financial Officer                                                                     

For further information, please contact:

Southern Lithium Corp.

Sam Eskandari

Phone: +1.416.918.6785                                                                                               

Email: ir@southernlithium.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within it, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements, other than as required pursuant to applicable securities laws.

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Viscount Mining Reports Additional High Grade Silver Intersections of Drill Holes at its Silver Cliff Property in Colorado

PRESS RELEASE                                                                                             January 19, 2017

·         Drill Hole K16-01 assayed 1,778.5 g/t (57.2 oz/t) silver over a 20-ft. (6.1m) interval within a 50 ft. (15.2m) mineralized intersection averaging 837.4 g/t (26.9 oz/t)

VANCOUVER, Canada –- Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or “the Company”), is pleased to announce further drill results from the Silver Cliff property in the Hardscrabble Silver District of Custer County, Colorado (the "Property"). The 2016 drill program commenced in mid-November had as its primary objective the confirmation of information in reports on historical drilling on one of the Silver Cliff deposits known as the Kate Silver Resource (the “KSR”) by twinning historic holes.

Nine holes with a total of 1,502 ft. (457.8 m) were completed in the recent campaign and this release is reporting values from K16-01, K16-03, K16-04, K16-05, K16-06, and K16-08 from which core was assayed at ALS Canada Ltd., at their laboratories in Reno, Nevada, and Vancouver, BC. In the case of K16-08, core sampling and, hence, assaying inadvertently stopped at 173 feet (52.7 m), only 3 feet (0.9 m) past the historical intersection of silver mineralization. Viscount will extend the sampling of this hole when the next phase of work commences.

A summary of drill intersections for which assays have been received to date is presented below. The hole collars lie within a northeast trending corridor that is 833 ft. (254m) from K16-05 to K16-03. Holes K16-03 and -04 were drilled at -90° (vertical) and the others toward north at -60° to the horizontal. Although rock units dip or slope at 2° to 5° toward the east-southeast as noted under the heading “Silver Cliff Geology”, the present interpretation is that silver-bearing mineralization and silica have replaced portions of a porous limestone reef unit. Such replacement is typically uneven rather than uniformly tabular. Because of this and the early stage of drilling, true widths are not estimated.

Viscount Hole #	Twinned Hole #	From (m)	From (ft.)	To (m)	To (ft.)	Length (m)	Length (ft.)	Ag (oz/t)	Ag (g/t)
K16-01	73-2	16.76	55	32.00	105	15.24	50	26.9	837.4
K16-01	73-2	18.29	60	28.04	92	9.75	32	40.9	1271.1
K16-01	73-2	18.29	60	24.38	80	6.09	20	57.2	1778.5
K16-03	89-27	17.37	57	34.14	112	16.77	55	4.5	141.1
K16-03	89-27	24.99	82	34.14	112	9.15	30	7.8	242.0
K16-04	89-26	15.54	51	36.88	121	21.34	70	5.7	178.5
K16-04	89-26	18.59	61	34.15	121	18.29	60	6.5	203.4
K16-04	89-26	23.17	76	34.15	121	13.72	45	8.1	250.7
K16-05	89-53	19.81	65	33.53	110	13.72	45	12.6	390.9
K16-06	88-2	19.81	65	36.58	120	16.77	55	1.2	36.1
K16-06	88-2	30.48	100	36.58	120	6.10	20	1.7	53.8
K16-08	88-36	32.00	105	52.73	173	20.73	68	7.4	228.6
K16-08	88-36	35.05	115	52.74	173	17.68	58	8.6	265.9

Kaare Foy, Viscount Chairman stated: “We are very pleased with the drill program conducted in 2016 as it has demonstrated that there is significant silver mineralization that occurs at a shallow depth between 50 ft. (15.2m) to about 175 ft. (53.3m) that may be amenable to open pit mining. More drilling and a prefeasibility report will need to be done before an economic evaluation can be made. These results have prompted the Company to consider doing additional mapping, possible geophysical surveys and more strategically placed drill holes to outline the shape, dimensions, and potential grade. Once this is completed and if warranted by the results, a prefeasibility study will be considered that will include extensive metallurgical studies, mining methods, and costs.”

Silver Cliff Geology

The following information has been obtained from historical reports that describe the Kate silver prospect.

Structure in the area appears quite simple. Dips are to the east-southeast at 2^o to 5^o. Faulting is not obvious on the surface and a contour map of the surface of the lower obsidian suggest that no faults with more than 50 feet of displacement occur within the area of the Kate mineralization. Examination of PQ wireline core drilled in 1989 for a metallurgical sample, indicate; however, that faults with minor displacement are numerous.

 

Jim Ebisch reiterated what he stated in the December 21^st news release, namely that “The 2016 drilling shows that the silver mineralization (blue-grey mineralization) is hosted predominantly by a gently-dipping, silicified carbonate reef that formed during a volcanic hiatus. The Kate Silver Resource (the “KSR”) at this juncture appears to be the result of simple carbonate replacement by silica-rich, silver/lead/zinc-bearing fluids adjacent to interpreted deep seated epithermal veins. These carbonate rock systems replaced by silicification–associated resources are commonly found over large lateral extents and the greatest promise for the KSR may eventually lie in undiscovered stacked horizons, in combination with high-grade epithermal veins that may underlie the KSR.”

About Silver Cliff Property

The Silver Cliff property lies within the historic Hardscrabble Silver District in Colorado. 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 1894. It is located 44 miles WSW of Pueblo, Colorado, and has year-around access by paved road. The property underwent substantial exploration between 1967 and 1984. The major explorers were Freeport, Hecla, Homestake, Moly Corp, Coca Mines and Tenneco Minerals.

The Silver Cliff Property is interpreted to encompass a large caldera and porphyry system which offers potential to host a number of deposits from both precious metals to base metals. This has been demonstrated in the mineralogy and grade historically extracted from numerous underground mining operations dating back to the late 1800s and early 1900s.

Drilling in the 1980s by Tenneco resulted in a historical pre-feasibility study which formed the company's decision to put the property into production. Reported historical silver grades range from below detection to a high of 2,125 g/t (68 o/t) Ag over 13.4 metres. Reported historical gold grades range from below detection to a high of 9.06 g/t (0.29 o/t) Au over 1.2 metres. Plans were halted due to the restructuring of Tenneco after it was sold.

Quality Assurance/Quality Control ("QA/QC") Measures, Chain of Custody

The Company has implemented a QA/QC program using best industry practices at the Silver Cliff Property. Drill core samples are sawn in half lengthwise and one half transported in securely-sealed bags to the ALS laboratory in Reno, Nevada, for analysis. Prior to transport, individual samples are labeled, placed in plastic sample bags and sealed. Groups of samples are then placed into durable rice bags that are then shipped. The sample pulps and rejects will be retrieved from ALS.  All samples were analyzed for Ag and 50 other elements by ALS method “Ultra Trace Aqua Regia ICP-MS” with code ME-MS41. In the case of Ag determined by this method to be in excess of 100 ppm, a further analysis for Ag was done utilizing method “Ore Grade Aqua Regia ICP-AES” with ALS code Ag-OG46. For the three 5-ft interval samples from K16-01 containing more than 1,500 ppm Ag, the ALS method “Ag 30g FA – GRAV finish WST-SIM” with code Ag- GRA21 was utilized.

Qualified Persons

The scientific and technical information contained in this news release has been reviewed and approved by Dallas W. Davis, P.Eng, FEC, an independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

About Viscount Mining (TSX VENTURE: VML) (OTCQB: VLMGF)

Viscount Mining is an exploration company with a portfolio of gold and silver properties in the Western United States, including Cherry Creek in Nevada and Silver Cliff in Colorado. Cherry Creek is comprised of more than 9,000 acres, all 100% owned, and includes more than 20 past producing mines.  Viscount has entered into an exploration earn-in agreement with Sumitomo Corporation covering the Cherry Creek property.  Sumitomo can earn in up to a 75% interest in the property by producing a feasibility study and by spending in addition a minimum of US$10,000,000 in exploration and development expenses by the eighth anniversary of the earn-in agreement.  Silver Cliff in Colorado is comprised of 96 lode claims, covering much of the historical past-producing mineral districts of Silver Cliff and Rosita Hills.

For additional information regarding the above noted property 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                                                             

For further information, please contact:

Viscount Investor Relations

Phone: 604-960-0535                                                                                                    

Email: info@viscountmining.com

Neither 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.

Forward-Looking Statements

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Viscount Mining Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Viscount Mining Corp. management on the date the statements are made. Except as required by law, Viscount Mining Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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