Viscount seeks additional feed for Dankoe mill

Now that the O.B. silver mine at Greenwood, B.C. is safely past the start-up phase, Viscount Resources (VSE) says it is looking at acquiring other proven undeveloped deposits in the area.

The company and 50/50 joint venture partner Skylark Resources (VSE) have a lease on the Dankoe mill near Keremeos where about 120 tons per day of ore from the O.B. mine is milled before concentrates are shipped to the Cominco smelter at Trail. In order to make use of the mill’s excess capacity, Viscount is now in the process of finalizing an agreement to mine a proven gold deposit near the O.B. property, with the owners of the deposit to be paid on a fixed royalty basis and the remaining profits accruing to the joint venture.

Meanwhile, monthly production is averaging 50,000 equivalent oz of silver, with Viscount’s share of metal sales (since production began March 14, to Aug 31,) totalling $834,271.