Millennial Lithium Options Cauchari East Lithium Project in Argentina

September 26, 2016

VANCOUVER, BRITISH COLUMBIA--(Sept. 26, 2016) - Millennial Lithium Corp. (TSX VENTURE:ML), ("Millennial" or the "Company") is pleased to report it has entered into an option agreement (the "Agreement") to acquire 100% of the Cauchari East Lithium Project (the "Project") in Jujuy Province, Argentina from Fernando Erik Villarroel Alcocer (the "Vendor"), subject to the approval of the TSX Venture Exchange. The Project is strategically located within the "Lithium Triangle," which is host to some of the world's largest lithium resources.

Cauchari East covers an area of 2,990 hectares on the eastern side of the Cauchari-Olaroz Salar, adjacent to Orocobre's producing Salar de Olaroz and Lithium Americas Corp.'s advanced stage Cauchari-Olaroz. The property displays geological characteristics common with the deeper, buried salar-type mineralization that has been proven for both of those projects. Gravity and magneto-telluric (MT) survey profiles to the south of the property reported in the Orocobre Technical Report, and VES survey results to the north of the property as reported by Lithium Americas both indicate that the brine-hosting aquifers extend beneath the Cauchari East Project.

Since 2009, considerable work has been completed in the Cauchari Salar by Orocobre and Lithium Americas, much of which is detailed in environmental reports and NI43-101 technical reports on the salar. In additional to the geophysics surveys, the reports disclose significant geochemical data confirming that brine resources with high lithium concentrations extend to the eastern boundaries of the basin, in the direction of the Cauchari East Project. Lithium enrichment in this area of the Cauchari basin appears to be related to the deep structure that hosts the Cerro Negro volcano and which bounds the Cauchari East property along its western limit.

Millennial plans to apply its rapid development strategy to the Cauchari East property. Pending government and communities approvals, the Company will rapidly advance through geophysics to drilling in order to make a quick assessment of resources, and as warranted add Cauchari East as another production unit to the "pipeline" of their lithium production assets.

Under the terms of the Agreement, Millennial can acquire a 100% interest in the Project, royalty and easement free, in consideration of the following payments, share issuances and work commitments:

(a) to earn a 50% interest in the Property:

(i) pay to the Optionor $250,000 upon execution of this Agreement;

(ii) issue to the Optionor $500,000 worth of Millennial common shares within ten (10) business days of the date of TSX Venture Exchange approval (the "Approval Date") of this Agreement;

(iii) pay to the Optionor an additional $750,000 on or before the first anniversary of the Approval Date;

(iv) issue to the Optionor an additional $1,000,000 worth of Millennial common shares on or before the first anniversary of the Approval Date; and

(v) make $2,000,000 in Expenditures on or before the first anniversary of the Approval Date unless another date is agreed by the parties.

(b) to earn the remaining 50% interest in the Property, make the following additional payments, share issuances and Expenditures:

(i) pay to the Optionor $1,000,000 on or before the third anniversary date of the Approval Date;

(ii) issue to the Optionor $1,000,000 worth of Millennial common shares on or before the third anniversary date of the Approval Date; and

(iii) make an additional $2,000,000 in Expenditures on or before the third anniversary of the Approval Date.

Graham Harris, Chairman of Millennial, states "Adding Cauchari East compliments our strategy to acquire and advance multiple properties in the Lithium Triangle . Cauchari East, gives us another project that is drill ready and based on the work of Orocobre and others, provides us an excellent opportunity for early success".

This news release has been reviewed by Brent Butler, director, qualified person as that term is defined in National Instrument 43-101.

Millennial Lithium Corp. is an exploration and development company with lithium assets in North and South America.

MILLENNIAL LITHIUM CORP.

Graham Harris, Chairman

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.

"This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."

CONTACT INFORMATION

Millennial Lithium Corp.
Investor Relations
(604) 662-8184
info@millenniallithium.com
www.millenniallithium.com

Millennial Lithium Files Technical Report on Pastos Grandes

September 21, 2016

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 21, 2016) - Millennial Lithium Corp. (TSX VENTURE:ML), ("Millennial" or the "Company") is pleased to announce the filing on SEDAR of its NI 43-101 compliant Technical Report related to its Pastos Grandes Properties in Salta, Argentina (the "Technical Report").

The Technical Report is titled "Technical Report on the Pastos Grandes Project, Salta Province, Argentina, Prepared for Millennial Lithium Corp." and dated September 14, 2016.

The Technical Report references the Pastos Grandes Project which is strategically located within the Argentine portion of the "Lithium Triangle", which is host to some of the world's largest lithium resources. The Project is approximately 1200 hectares in size and ideally situated in the center of the Pastos Grandes Salar in Salta, Argentina.

Previous work identified in the report indicates the Pastos Grandes Salar exhibits significant lithium and potassium brines. The report presents information on historical exploration results including surface geochemical sampling, Magnetolluric (MT) surveying, CSAMT, vertical electrical sounding (VES) geophysical surveying and 4 pumping wells testing and measuring brine flows in aquifers in the salar.

This news release has been reviewed by Brent Butler, director, qualified person as that term is defined in National Instrument 43-101.

MILLENNIAL LITHIUM CORP.

Graham Harris

Chairman

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.

This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 an applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of USD$ for Cdn$, fluctuations in the market for lithium, changes in exploration costs and government royalties or taxes in Argentina and other factors or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

CONTACT INFORMATION

Millennial Lithium Corp.
Investor Relations
(604) 662-8184
info@millenniallithium.com

www.millenniallithium.com

Nicola Mining Commences Milling Operations

TSX.V: NIM
NEWS RELEASE

VANCOUVER, B.C., June 16, 2016 – Nicola Mining Inc. (the “Company”) is pleased to announce that it has commenced milling operations at its 200 tonne per day mill facility (the “Mill”), located 14 kilometers from Merritt, British Columbia.  The Company has completed successful test runs to confirm gold recovery rates and has commenced processing of material received from Gavin Mines Inc. (“Gavin Mines”).  Terms of the Milling and Profit Share Agreement (the “GMI Agreement”) were announced in the Company’s news release of May 31, 2016.    Under the GMI Agreement the Company will produce both gravity and flotation concentrates that will be sold to third parties for production of gold doré bars. The Company plans to mill the initial amount of approximately 5,000 tonnes and will consider the option of processing an additional 1,000 tonnes of material located in a separate stockpile.

The Company collected 62 representative samples, approximately 2 kg each, from 31 truckloads of material for grade control prior to processing. All samples returned significant gold grades ranging from 0.575 g/t gold to 33.6 g/t gold, with an average grade of 9.53 g/t gold. 31 of the samples collected returned values over 8 g/t gold. 

Peter Espig, Chief Executive Officer of the Company, commented, “We are very excited to have the Mill running and commencing gold processing.  The startup has had a few delays and required adjustments; however, we continue to move towards becoming BC’s newest high-grade gold and processor.”

The Company also announces that it has issued 200,000 options to a key member of the technical team.

Quality Control

The sampling of Gavin Mines mill feed was supervised by Brian May, P.Geo., a Consulting Geologist with the Company, who is responsible for the sampling procedures prior to processing at the Mill. On-site personnel at the project collected 2kg representative samples from each truckload arriving at the Mill. Samples were labeled by the Mill staff according to the truckload number. Samples were then analyzed by the geological team to determine rock type and whether the material was oxide or sulphide. The material was then given defined sample numbers, security sealed and shipped to Actlabs (ISO 17025) in Kamloops, BC for analysis. The Company routinely inserts standard reference material and rock blanks to ensure accuracy and precision.

The Company also records and documents gross weight, tare weight and net weight (in kilograms) and the arrival time and date of all trucks shipping material to site.

Qualified Person

Brian May, P.Geo., a Consulting Geologist with the Company and qualified person as defined by National Instrument 43-101, has reviewed the scientific information that forms the basis for this news release, and has approved the disclosure herein. Mr. May is not independent of the Company, as he is a shareholder of the Company.

Nicola Mining Inc. is a junior mining company listed on the TSX Venture Exchange, and is in the process of recommencing mill feed processing operations at its 100% owned state-of-the-art mill and tailings facility, located near Merritt, British Columbia. It has already signed four mill profit share agreements with high grade gold producers. The fully-permitted mill is able to process both gold and silver mill feed via gravity and floatation processes. The Company also owns 100% of Treasure Mountain, its high grade silver property, and a gravel pit, which is located adjacent to its milling operations.  

On behalf of the Board of Directors

“Peter Espig”

Peter Espig

CEO & Director

For additional information

Contact: Peter Espig

Contact: (604) 647-0142 

peter@nicolamining.com

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.

Disclaimer for Forward-Looking Statements

This news release contains projections and forward-looking statements that involve various risks and uncertainties regarding future events. Such forward-looking statements are based on current expectations of management and a number of risks and uncertainties and are not guarantees of future performance of the Company. These statements include statements regarding the Company’s expected processing timing and capabilities, statements regarding the milling and profit sharing agreements and statements regarding potential future plans. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information, including the inability of the Company to effect the expanded operations; the timing of delivery of material to the Mill site; the timing and price of delivery and processing of same; and other factors beyond the Company’s control. Actual results and future events could differ materially from those anticipated in such forward-looking statements. These and all subsequent written and oral forward-looking statements are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not assume any obligation to update any forward-looking statements in this news release should circumstances or management’s estimates or opinions change.

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Viscount Announces $2 Million Private Placement to Advance Silver Cliff

PRESS RELEASE                                                                                               April 25, 2016

Viscount Announces $2 Million Private Placement to Advance Silver Cliff

VANCOUVER, Canada –- Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or “the Company”) is pleased to announce a Brokered Private Placement (the "Private Placement") and has engaged Gravitas Securities Inc. (“GRAVITAS” or the "Agent") to complete a best efforts private placement to fund an assessment of its Silver Cliff property in Colorado.

The private placement is for 4,000,000 units (each "Unit”) at a purchase price of $0.50 per Unit, for aggregate gross proceeds to the Company of up to $2,000,000. Each Unit consists of one (1) common share ("Common Share") of the Company and one (1) non-transferable share purchase warrant ("Warrant"). 

Each Warrant will entitle the holder to acquire one (1) Common Share at an exercise price of $0.70 for a period of 24 months from the closing date of the Private Placement. In the event that the Company's common shares trade at a closing price on the Exchange of greater than $0.85 per share for a period of 30 consecutive trading days at any time after the closing date, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof and in such case the Warrants will expire on the 30th day after the date hereafter referred to as the ("Eligible Acceleration Date") on which such notice is given by the Company. The private placement is subject to TSX Venture Exchange approval. There will be a hold period of four months and one day on all securities issued under this financing.

Gravitas Securities Inc. (“GRAVITAS”) has agreed to act as agent for and on behalf of Viscount with the proposed best efforts private placement offering, and is entitled to an Agency Fee of 7% of the cash received from the sale of the Offered Securities, and Broker Warrants equal to 7% of the aggregate number of Common Shares issued, on the same terms as the Warrants acquired by subscribers to the offering.

The Company intends to use the net proceeds of the Private Placement for the advancement of the Company's 100%-owned Silver Cliff property in Colorado. Viscount Mining Corp plans to substantiate the mineral inventories through surface sampling, and core drilling followed by an evaluation of deposit(s) potential through geophysical surveys, offset drilling and detailed geological mapping. Once this is completed a report will be generated to substantiate the value of the Silver Cliff Property.

Kaare Foy, Viscount Chairman stated: "Following the signing of an earn-in agreement with Sumitomo Corporation of Japan for our Cherry Creek Nevada property in 2015, and the continued work program, the Company feels we are in a suitable position to start advancing the Silver Cliff property in Colorado with this financing.”

About Silver Cliff Property

The Silver Cliff property lies within the historic Hardscrabble Silver District, and 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 for the purpose of defining mineral inventories. The major explorers were Freeport, Hecla, Homestake, Moly Corp, Coca Mines and Tenneco Minerals. 

Silver Cliff is thought to overlie a large caldera and porphyry system which increases the prospect’s 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.

Past drilling at Silver Cliff was designed to test only the flat-lying shallow mineralized bodies with vertical holes but not the High-angle mineralized structures which are the ultimate controls for the emplacement of these mineralized bodies. This indicates that follow-up drill programs need to include angle holes which will cut these mineralized structures, potentially upgrading the deposits. 

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. Known historical silver grades range from below detection to a high of 2,125 g/t (68 o/t) Ag over 13.4 metres. Known 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. 

In the first phase, the Company has an exploration target of 40 to 50 million ounces of silver. However, potential quantity and grade is conceptual in nature, as there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. 

Qualified Persons

Mark J. Abrams, M.Sc., P.G., R.G., C.P.G., an independent consulting geologist who is a "Qualified Person" reviewed, prepared and supervised the preparation or approval of the scientific and technical content in the news release as 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 10,000 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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Nicola Mining Announces Increase in Unit Financing

 Apr 21, 2016 | News Releases

TSX.V: NIM

NEWS RELEASE

VANCOUVER, B.C. April 21, 2016 – Nicola Mining Inc. (the “Company”) announces that it is increasing the size of its non-brokered private placement (the “Financing”) announced on November 19, 2015. The Company previously disclosed that it would issue up to 28,125,000 units (each, a “Unit”) at a price of $0.08 per Unit for gross proceeds of up to $2,250,000. The Company today announces that it has increased the number of Units to be issued, such that it will issue up to 34,375,000 Units for gross proceeds of up to $2,750,000. The terms of the Units remain as announced on November 19, 2015. To date, the Company has raised a total of $2,084,500 from the closing of the first, second and third tranches of the Financing. Closing of the Financing remains subject to the approval of the TSX Venture Exchange.

The Company may pay finder’s fees in connection with the issuance of the Units.

The use of proceeds will be used for general working capital.

All securities issued pursuant to the Financing will be subject to a statutory hold period expiring four months and one day after closing of the Financing.

On behalf of the Board of Directors

“Peter Espig”                                       

Peter Espig

CEO & Director

For additional information

Contact: Peter Espig

(604) 647-0142   peter@nicolamining.com

Disclaimer for Forward-Looking Information

Certain statements in this press release related to the Financing and the securities issuable thereunder are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding the proceeds to be raised pursuant to the Financing, the terms of the securities issuable pursuant to the Financing, resale restrictions relating to the securities to be issued, the use of proceeds of the Financing and receipt of the approval of the TSX Venture Exchange. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding the Company’s ability to complete the Financing, including the risk that the Financing may not be completed as expected or at all, that the security interests may not be as set out in this news release, that the proceeds of the Financing may be used other than as set out in this news release, that the TSX Venture Exchange may not approve the Financing and such other factors beyond the control of the Company. Such forward-looking statements should therefore be construed in light of such factors, and the Company is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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.

Nicola Mining Inc. Receives Permit Amendment Approval for Custom Milling

Nicola Mining Inc. Receives Permit Amendment Approval for Custom Milling

Apr 18, 2016 | News Releases 

TSX.V: NIM

NEWS RELEASE

VANCOUVER, B.C., April 18, 2016 – Nicola Mining Inc. (the “Company” or “Nicola”) is pleased to announce that it has received an amendment to its M-68 Mine Permit. The amendment allows the Company to enter into third part custom milling contracts and enables it to mill up to 200 tonnes per day at its wholly-owned Craigmont Mine site, located 10 kilometers from Merritt, British Columbia.

The Company’s mill is constructed on a freehold I-3 Industrial Zoned site that Nicola acquired for $8.0 MM. Nicola then constructed a new $21.0 MM processing mill and $2.0 MM fully-lined tailings facility. Nicola is capable of processing both gold and silver mill feed by utilizing gravity and floatation systems to create concentrates and is currently considering installing ovens that will allow it to pour doré bars.

Nicola expects to start receiving material from Siwash Minerals Inc. (the “Miner”) in early May and plans to commence milling upon receipt of 1000 tonnes. As disclosed in the November 2, 2015 news release Miner is required to use its best efforts to transport greater than 7.08738 g/t Au to the Company’s processing facility. In addition to the Miner, the Company has entered into 3 other Milling Profit Share Agreements and continues to discuss with other high-grade gold sources. Currently, all of the Milling Profit Share Agreements are with gold-focused mining properties.

Given the complexities and costs of attaining a mill site in British Columbia the Company is positioning itself as a “milling hub” for high-grade gold properties located in the province. Under the amendment to Permit M-68 the Nicola is required to notify the Chief Inspector at least 10 days prior to initiating a change in mill feed from each unique mill source.

Peter Espig, Chief Executive Officer, commented, “The Amendment to Permit M-68, which approves milling of third-party material, is a monumental milestone. We have moved a huge step towards generating revenues and establishing ourselves as a province-wide milling hub for mining projects. I would like to thank the team, especially our CFO, Warwick Bay, who has worked diligently in moving the Company forward. ”

On behalf of the Board of Directors

“Peter Espig”

Peter Espig

CEO & Director 

For additional information

Contact: (604) 647-0142 or peter@nicolamining.com

Cautionary Note Regarding Forward Looking Information:

This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information includes, without limitation, statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company or Siwash such as the statements that Siwash will extract mill feed from its Monument Gold Zone Property and ship this to Nicola, that Nicola will process the mill feed into concentrate and then arrange for the sale of the concentrate to smelters and third parties, the quantity of mill feed that may be extracted under the sample permit if granted, regarding the plans for storage of the mill feed, the expected grade of the mill feed, plans for allocation of costs and profit associated with mining and milling, and Nicola’s intention to progress towards operational cash flow. There are numerous risks and uncertainties that could cause actual results and the Company and Siwash’s plans and objectives to differ materially from those expressed in the forward-looking information, including the inability of the parties to complete the proposed mining and milling activities as proposed or at all, that the bulk sample permit may not be granted, that the Company may not be able to successfully negotiate agreements for the sale of the concentrates, and that the mill feed may not be of a grade or quality that is sellable, and other factors beyond the Company and Siwash’s control. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, neither the Company nor Siwash assume any obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

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.

Nicola Mining Inc. Moves Towards Commencing Milling Operations in April of 2016

TSX.V: NIM
NEWS RELEASE

March 1, 2016

Nicola Mining Inc. Moves Towards Commencing Milling Operations in April of 2016

VANCOUVER, B.C., March 1, 2016 – Nicola Mining Inc. (the “Company” or “Nicola”) is pleased to announce that it plans to recommence milling operations at its Merritt Mill property in April, 2016.  Nicola’s mill property is located on the historic Craigmont Mines site, located in south central British Columbia (10 kilometers west of Merritt, BC).

Nicola’s 200 tonne per day mill will undergo modifications that will allow it to gravity separate fine free gold, prior to floating the remaining material in floatation tanks.  Nicola’s mill is situated on 900 acres of freehold land, was constructed to allow floatation expansion, and is fed by a primary crushing circuit that has a 500 tonne per day capacity. The large mill building allows scalability for additional flotation tanks and gold screening units. Since May, 2010, the investment in the mill property consisted of $8.0 MM for the cost of land, $21.6 MM for the cost of the mill and related infrastructure, and $1.8 MM for the cost of the construction of a fully lined tailings facility.

The Company is also exploring options to purchase equipment that will enable it to pour doré bars onsite.  Initial production is expected to commence with the processing of material from Siwash Materials Inc.’s property located in the Siwash Creek Area, located approximately 8 km northeast of Yale, B.C. and approximately 90 minutes from Nicola’s mill property located near Merritt, BC.  

The Company announced the Siwash Mining and Milling Profit Share Agreement in a November 2, 2015 news release.  Under the Siwash Agreement, the miner is required to use its best efforts to transport mill feed with greater than 7.08738 g/t Au to the Company’s processing facility.  Shipping of previously stockpiled material is expected to commence in early April. 

The date of commencing production will be subject to the receipt of the required amendment to Nicola’s mining permit.

Peter Espig, Chief Executive Officer, commented, "The modifications to the mill enabling it to accept and process gold mill feed and the ability to utilize both gravity and floatation processes that will allow it to produce doré bars and gold concentrate are significant value-added services to our toll milling counterparties.  In addition, we feel are excited about the prospects to recommence milling operations in the near future.”

On behalf of the Board of Directors

“Peter Espig”  
Peter Espig
CEO & Director

For additional information 
Contact: (604) 647-0142
Email: peter@nicolamining.com

Cautionary Note Regarding Forward Looking Information:

This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information includes, without limitation, statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company such as the statements that the Company will recommence milling operations in April, that the Company will complete the required modifications to its mill, that Siwash Mineral Inc. will ship material to the Company’s processing facility in early April and that the Company will receive the necessary amendment to its mining permit. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information, including the inability of the Company to obtain the necessary amendment to its mining permit, the inability of Siwash Mineral Inc. to obtain all necessary regulatory approvals to allow it to extract and ship mill feed to the Company’s mill, the ability of Siwash Mineral Inc. to actually ship mill feed to the Company’s facility at all and with the agreed upon quantities and grade and the inability of the Company to raise the capital necessary for the modification to the mill and the operation of the mill and other factors beyond the Company and Siwash’s control. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, neither the Company nor Siwash assume any obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

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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Viscount Mining Commences Drill Program on Cherry Creek Property

PRESS RELEASE                                                                              October 14, 2015

Viscount Mining Commences Drill Program on Cherry Creek Property 

VANCOUVER, Canada –- Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or “the Company”), is pleased to confirm that Phase 1 drilling has commenced at its flagship Cherry Creek Nevada Property (the "Property"), which is currently being managed and funded by Summit Mining Exploration Inc. (“Summit”), a wholly-owned US subsidiary of Sumitomo Corporation, under the Exploration–Earn In Agreement.

Historical Cherry Creek Mining District

The Cherry Creek Mining District is located in White Pine County approximately 56 miles or 90km north of Ely, NV. The district has a long history of gold, silver, lead, zinc and tungsten production from high-grade vein and replacement deposits. The first mine in the Cherry Creek area was the Ticup, discovered in 1872. This initial discovery brought an immediate rush of prospectors to the area. Following the Ticup were the Star, Exchequer and Grey Eagle mines. By 1874 there were a reported 20 mines of various production rates in operation.

The silver mineralization in the Ticup and Fillmore Veins occurs in lens -shaped chutes with the Ticup Mine occurring in one that according to historical records produced more than 3,000,000 ounces of silver with some grades exceeding 3500 ounces (oz)/tonne (t) silver. By 1927, the mines had underground workings of more than 7.6 miles or 12.2 km. (Source: University of Nevada Bulletin, Aug 1 1931, prepared by F.C Schrader, Geologist US Geological Survey, prepared and published by the Nevada State Bureau of Mines and The United States Geological Survey)

From 2010 to 2015, Viscount accumulated all 20 known historic mines and formed a land package in excess of 10,000 acres. The significance is that this will be the first time in 140 years that modern exploration techniques will be used on a large consolidated land package in the Cherry Creek Mining District.

Most of the current highest assay values coincide with the known historic mining trends and the structural interpretations made from the 2014 and 2015 rock chip sampling programs by Summit’s exploration contractor, Rangefront Geological, across the Cherry Creek property.  The rock chip sampling results indicate widespread occurrences of anomalous to high grade gold, silver, and base metal mineralization thereby confirming the information cited in historic reports.

Reverse Circulation (RC) Drilling Program

Drilling has begun at Cherry Creek and is being conducted by Harris Exploration Drilling & Associates Inc. of Fallon, NV. Assay results will be released as they become available from ALS Labs Limited. The drill program will comprise approximately 10 to 12 holes totaling 10,000 feet (3,050 m).  The reverse circulation (or "RC") drilling has started and the first hole is targeting the high grade silver (+/- gold, zinc, lead) mineralization at the Ticup Mine area.

At the Ticup Mine a large block of highly altered and mineralized Wheeler Shale and Swasey Limestone is interpreted by Rangefront to be the down-faulted lateral extension of the Doctor’s Cut vein. The drilling will test structural intersections and lithological contacts.

The drill program is being managed by Summit Exploration’s Executive Vice President, Exploration and Mineral Resources, David Tretbar, a Qualified Person as defined by NI 43-101.

Jim MacKenzie, Viscount President and CEO stated: "We are very pleased with the commencement of the first drill program, which is intended to validate the soil and rock samples from the last three surface work programs. Based on the history of production at Cherry Creek it has the potential to host large bodies of mineralization.”

The scientific and technical information contained in this news release has been reviewed and approved by Dallas W. Davis, PEng, 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 10,000 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 

About Sumitomo Corporation

Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry.  Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA. For more information about Sumitomo Corporation, visit www.sumitomocorp.co.jp 


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.

###

Viscount Announces Drill Contract and Mobilization at Cherry Creek Nevada

Press Release    October 5, 2015

Viscount  Announces  Drill  Contract  and Mobilization  at  Cherry  Creek  Nevada

VANCOUVER, Canada –- Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount” or “the Company”), is pleased to report that it has begun mobilizing for the 2015 Phase 1 drilling program at its flagship Cherry Creek Nevada Property (the "Property"), which is currently being managed by Summit Mining Exploration Inc. (“Summit”), a wholly-owned US subsidiary of Sumitomo Corporation, under the Exploration–Earn In Agreement.  

Phase 1 Reverse Circulation (RC) Drilling Program

Harris Exploration Drilling & Associates Inc. of Fallon, NV, has been chosen after a review of several drill company bids and is mobilizing to the project site.  The initial reverse circulation (RC) drill program will comprise- approximately 10 to 12 holes totaling 10,000 feet (3,050 m).  The maximum planned hole depth is 1,200 feet (365.85 m), but Harris will have extra drill pipe on hand to take depth to 1500 feet (457.3 m) as indicated by progress and results.

The drill program is being managed by Summit Exploration’s Executive Vice President, Exploration and Mineral Resources, David Tretbar, a Qualified Person as defined by NI 43-101.  He is a Certified Professional Geologist (CPG #11086) with the American Institute of Professional Geologist and a Registered Professional Geologist in Arizona (#48036).  Mr. Tretbar is a graduate of the Mackay School of Mines, University of Nevada Reno (M.S. Geochemistry).

Jim MacKenzie, President and CEO stated: "We are very pleased with the progress of the detailed mapping, sampling and selection of the drill targets and look forward to a successful drill campaign."

ALS Labs Limited will perform sample analysis at their facility in Elko, Nevada. QA/QC protocols including blanks, standards, duplicates and chain of custody have been established and will be followed in accordance with best industry practices and in compliance with NI 43-101 guidelines

Property Road Access Improvements

Summit filed two Notices of Intent (NOI’s) with the Ely office of the Bureau of Land Management (BLM) to widen the switch back road western and for the construction of drill pads, with both notices being approved and bonded.

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 

About Sumitomo Corporation

Sumitomo Corporation is one of the largest integrated trading and investment companies in Japan. Sumitomo Corporation, a Fortune 500 company, conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from the information industry to the retailing industry.  Summit Mining Exploration, Inc. is a wholly-owned subsidiary of Sumitomo Corporation and is headquartered in Colorado, USA. For more information about Sumitomo Corporation, visit www.sumitomocorp.co.jp

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.