Vior Confirms High Grade Gold at Belleterre and 500 Metre Depth Extension at Aubelle

Rhea-AI Summary

Vior Inc. (VIORF) has announced significant results from its ongoing +60,000-metre diamond drill program at the Belleterre Gold Project in Quebec. The drilling has revealed high-grade gold mineralization at both Belleterre Vein #12 and Aubelle targets. Notable intercepts at Belleterre include 15.9 g/t Au over 1.2 metres and 6.6 g/t Au over 3.0 metres, demonstrating wide intervals across a 400-metre strike length. At Aubelle, drilling confirmed mineralization continuity more than 500 metres below surface, with intercepts including 10.4 g/t Au over 1.2 metres. The company plans to accelerate the program by adding a third drill rig in the new year.

Positive

• High-grade gold intercepts including 15.9 g/t Au over 1.2m at Belleterre Vein #12
• Confirmation of 500m depth extension at Aubelle deposit
• Successful validation of geological model showing mineralization continuity
• Planned expansion of drilling program with addition of third drill rig

Negative

• None.

MONTREAL, QC / ACCESSWIRE / December 11, 2024 / VIOR INC. ("Vior" or the "Corporation") (TSXV:VIO)(OTCQB:VIORF)(FRA:VL51) is pleased to announce the first set of assay results from its ongoing +60,000-metre diamond drill program at its Belleterre Gold Project in Quebec's Belleterre Greenstone Belt. The drilling has successfully intersected significant high-grade gold mineralization at both the Belleterre Vein #12 and at several Aubelle targets within the 6-kilometre long Belleterre Mine Trend. These results further validate Vior's geological model and underscore the potential for extensive high-grade gold mineralization beyond the known systems.

Belleterre Area

The highlight results for the first 20 drillholes (4,053 metres of drilling) at Belleterre demonstrate both wide intervals of gold mineralization as well as high-grade veins across a 400 metre east-west strike of the Belleterre Vein #12. Selected high-grade intercepts (see Figure 2 and Tables 1 and 2) include:

• 15.9 g/t Au over 1.2 metres in BV24-028 ;

• 6.6 g/t Au over 3.0 metres including 23.5 g/t Au over 0.8 metres in BV24-033 ;

• 21.3 g/t Au over 0.5 metres in BV24-023; and

• 8.7 g/t Au over 0.8 metres in BV24-034

Aubelle Area

Assay results from the targets at the Aubelle deposit area confirm the continuity at depth of the high-grade gold mineralization, more than 500 metres below the Aubelle and Conway veins. The first drill hole at Aubelle (1,300.7metres in length) intersected multiple zones of high-grade gold mineralization (see Figure 2 and Tables 1 and 2) including:

• 9.1 g/t Au over 0.5 metres in BV24-035 ;

• 10.4 g/t Au over 1.2 metres in BV24-035; and

• 6.2 g/t Au over 1.0 metres in BV24-035

"We are pleased with these initial drill results from a portion of our first two target areas at the Belleterre Gold Project," said Mark Fedosiewich, President and CEO of Vior. "The intersections of high-grade gold in broad mineralized zones that extend along a 400-metre strike length at Belleterre Vein #12 confirm the continuity and potential for expansion for the Belleterre gold mine mineralization. Additionally, the high-grade gold encountered in our first drill hole at Aubelle is particularly exciting, as it demonstrates vertical extension. As we progress and advance our +60,000-metre drill program, we are increasingly confident in the Project's ability to deliver both scale and grade, aligning with our vision of a high-impact gold discovery in this greenstone belt."

Gold Mineralization Style at Belleterre and Aubelle

The gold mineralization at Belleterre Vein #12 is characterized by intervals of brecciated basalt and quartz porphyry, often showing potassic alteration and smoky quartz veins and carbonate-quartz veinlets. Pyrite and pyrrhotite are common, typically present in concentrations ranging from trace amounts to 10%. Visible gold ("VG") has been observed in several intervals.

The gold mineralization at Aubelle consists of two primary vein styles. The first vein style occurs in a strongly schistose basalt altered by chlorite, biotite, carbonate, and quartz, often brecciated and intruded by quartz veins containing 3-20% pyrite-pyrrhotite with trace sphalerite and chalcopyrite. The second vein style is quartz veins injected into chloritized gabbro or potassic altered felsic intrusive, with 3-5% pyrite, 3% chalcopyrite, 1% sphalerite, and 1% galena.

Table 1 - Drill Core Assay Results

Hole Number	Interval From (m)	Interval To (m)	Interval Width (m)	Au (g/t) uncut	Zone
BT24-019	73.0	81.2	4.4	2.1	BT Vein #12
BT24-021	155.7	156.3	0.6	3.9	BT Vein #12
BV24-023	170.4	172.0	1.6	5.4	BT Vein #12
Including	170.4	170.9	0.5	21.3	BT Vein #12
BT24-025	164.8	177.1	12.3	1.2	BT Vein #12
BV24-028	195.5	196.7	1.2	15.9	BT Vein #12
BV24-033	188.0	191.0	3.0	6.6	BT Vein #12
Including	188.0	188.8	0.8	23.5	BT Vein #12
BV24-034	180.0	181.8	1.8	3.9	BT Vein #12
Including	180.8	180.8	0.8	8.7	BT Vein #12
BV24-035	808.6	809.1	0.5	9.1	Aubelle Main
BV24-035	1078.8	1080.0	1.2	10.4	Conway South
BV24-035	1154.0	1155.0	1.0	6.2	Conway South

Table 2 - Drill Hole Collar Locations

Drill Hole Number	Azimuth (°)	Dip (°)	Drill Hole Length (m)	UTM Easting	UTM Northing
BV24-019	164.5	-75.2	189.4	675145	5253892
BV24-021	165	-75	300.0	675132	5254042
BV24-023	165	-55	245.5	675240	5254036
BV24-025	165	-75	297.4	675240	5254036
BV24-028	165	-55	516.0	675325	5254094
BV24-033	165	-65	251.9	675325	5254094
BV24-034	165	-75	368.9	675325	5254094
BV24-035	360	-50	1300.7	672600	5252100

Figure 1 - Plan View Map of Belleterre Gold Project Brownfield Area

Figure 2 - Plan View and Longitudinal Section of Belleterre Mine Trend Drilling Results

Next Steps

Based on these results, Vior will accelerate its drill program at Belleterre with the addition of a third drill rig in the new year. Drilling will focus on the vertical extension of the historic Belleterre gold mine mineralization, targeting high-grade extensions of the gold system, extension of mineralization at the Aubelle deposit, and testing the high priority regional drill targets.

Quality Control

True widths are estimated at 65-80% of the reported core length intervals. Assays are uncut except where indicated. All NQ core assays reported were obtained by either 1-kg screen fire assay or standard 50 gram fire-assaying-AA finish or gravimetric finish at ALS Laboratories in Val d'Or, Québec or Sudbury, Ontario. The 1-kg screen assay method is used when samples contain coarse gold intervals. Selected samples are also analyzed for multi-elements using an Aqua Regia-ICP-AES method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control ("QA/QC"), and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples to adhere to strict QA/QC guidelines and protocols by the Corporation and the lab.

Qualified Person

The technical content disclosed in this press release was reviewed and approved by Christian Blanchet, Operations Manager at Vior, Qualified Person as per NI 43-101.

About Vior Inc.

Vior is a junior mineral exploration corporation based in the province of Quebec, Canada, whose corporate strategy is to generate, explore, and develop high-quality mineral projects in the proven and favourable mining jurisdiction of Quebec. Through the years, Vior's management and technical teams have demonstrated their ability to discover several gold deposits and many high-quality mineral projects.

Vior is rapidly advancing its flagship Belleterre Gold Project with the strategic support of Osisko Mining Inc. (now Windfall Mining Group Inc.). The Belleterre Gold Project is a promising district-scale project that includes Quebec's past-producing high-grade Belleterre gold mine. Vior has conducted extensive surface and compilation exploration at the Belleterre Gold Project and is currently executing on a +60,000 metre drill program. Vior is also actively developing its promising Skyfall Project in partnership with SOQUEM Inc., and several other projects with multi-mineral potential.

For further information, please contact:
Mark Fedosiewich
President and CEO
613-898-5052

mfedosiewich@vior.ca
www.vior.ca
SEDAR+: Vior Inc.

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.

Forward-Looking Statements

This news release contains forward-looking statements. All statements, other than of historical facts, that address activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including, without limitation, the planned exploration program on the Belleterre project, the expected positive exploration results, the timing of the exploration results, the ability of the Corporation to continue with the exploration program, the availability of the required funds to continue with the exploration program, and the approval from the Ministère des Ressources naturelles et des Forêts ("MRNF") for the request for abandonment of the two mining concessions originally filed by 9293-0122 Québec Inc. (the previous owner of the two mining concessions). Forward-looking statements are generally identifiable by use of the words "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "to earn", "to have', "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Corporation's ability to control or predict, that may cause the actual results of the Corporation to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to meet expected, estimated or planned exploration expenditures, the possibility that future exploration results will not be consistent with the Corporation's expectations, general business and economic conditions, changes in world gold markets, sufficient labour and equipment being available, changes in laws and permitting requirements, unanticipated weather changes, title disputes and claims, environmental risks, the refusal by the MRNF to approve the request for abandonment of the two mining concessions held by the Corporation, as well as those risks identified in the Corporation's Management's Discussion and Analysis for the fiscal year ended June 30, 2024, and those risks set out in the Corporation's public documents filed on SEDAR+ at www.sedarplus.ca. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described and accordingly, readers should not place undue reliance on forward-looking statements. Although the Corporation has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Corporation does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.

SOURCE: Vior, Inc.

View the original press release on accesswire.com

FAQ

What are the latest gold drilling results from Vior (VIORF) at Belleterre Vein #12?

The latest results include high-grade intercepts of 15.9 g/t Au over 1.2 metres, 6.6 g/t Au over 3.0 metres including 23.5 g/t Au over 0.8 metres, and 21.3 g/t Au over 0.5 metres.

How deep is the gold mineralization extension at Vior's Aubelle deposit?

The drilling confirmed gold mineralization continuity more than 500 metres below the Aubelle and Conway veins.

What are Vior's (VIORF) next steps for the Belleterre drilling program?

Vior plans to accelerate its drill program by adding a third drill rig in the new year, focusing on vertical extension of historic mine mineralization and testing high-priority regional targets.

What is the strike length of gold mineralization at Belleterre Vein #12?

The gold mineralization at Belleterre Vein #12 extends across a 400-metre east-west strike length.