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Vior Intersects 11.6 g/t Au Over 2.0 Metres at Belleterre
EXPANDS VEIN 12 BY 250 METRES AT DEPTH
MONTREAL, QC / ACCESS Newswire / January 27, 2025 / VIOR INC. ("Vior" or the "Corporation") (TSXV:VIO)(OTCQB:VIORF)(FRA:VL51) is pleased to provide new analytical results from its ongoing +60,000-metre drill program at its Belleterre Gold Project in Quebec's Belleterre Greenstone Belt. The drilling has successfully confirmed the continuity at depth of Vein #12 below the past producing Belleterre Mine while also highlighting a new target area located south of the Belleterre Vein #12.
The ongoing drilling step-out program continues to confirm the lateral and vertical extension of Belleterre Vein # 12. Hole BV24-059 has intersected a new vein system located approximately 200 meters south of Veins # 12. The drillhole successfully intercepted high-grade gold mineralization with 11.6 g/t Au over 2.0 metres including 16.5 g/t Au over 0.5 metres In addition, drillhole BV24-048 targeted the vertical extension of Vein # 12to the south and returned 39.1 g/t Au over 0.5 metre. Those two intercepts confirm potential for a larger system deeper in the extension of the past producing Belleterre Mine.
Drillhole BV24-045 returned values of 24.0 g/t over 1.0 metre at depth in Aubelle zone. Moreover, reconnaissance drilling at the Aubelle area intercepted a new mineralized structure located 800 meters southeast of the Aubelle deposit in a unexplored sector. Hole BV24-056 returned a value 8.97 g/t Au over 0.5 metre hosted in a heavily brecciated basalt injected by quartz-carbonate veinlets along with 3% pyrrhotite clusters and fine-grained disseminated pyrite.
Vior President and Chief Executive Officer Mathieu Savard commented " We are happy to see high-grade gold results in the extension of the vein 12. Our systematic approach in drilling is already starting to uncover new zones in the Aubelle area, and we will continue to apply this approach over the Belleterre Mine trends. In addition, we will start to drill high-priority regional targets in the coming weeks as we accelerate the drill program at Belleterre."
The drilling program at the Belleterre gold project resumed on January 6, 2025 with two drills. A total of 63 drillholes (23,320 metres of drilling) have been completed so far of which 7,900 metres were assayed. The Corporation plans to increase its drilling activities with the addition of two more drills bringing the total to four in the upcoming weeks. Drilling will continue to focus on the vertical and lateral extension of the historic Belleterre gold mine and Aubelle deposit while drilling high priority regional targets.
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.
Maps showing hole locations and full analytical results are available at www.vior.ca.
Table 1 - Drill Core Assay Results
Hole Number | Interval | Interval | Interval | Au (g/t) | Zone |
BV24-043 | 275.0 | 275.5 | 0.5 | 11.4 | BT Vein # 12 |
BV24-045 | 525.5 | 526.5 | 1.0 | 24.0 | Aubelle Vein # 2 |
BV24-047 | 190.6 | 191.1 | 0.5 | 7.93 | BT Vein # 12 |
BV24-047 | 197.1 | 197.6 | 0.5 | 8.63 | BT Vein # 12 |
BV24-048 | 219.2 | 219.7 | 0.5 | 39.1 | BT Vein # 12 |
BV24-056 | 42.2 | 42.7 | 0.5 | 8.97 | New Vein |
BV24-059 | 460.2 | 462.2 | 2.0 | 11.6 | BT Vein # 12 |
Including | 461.7 | 462.2 | 0.5 | 16.5 | |
BV24-061 | 245.5 | 246.0 | 0.5 | 17.2 | BT Vein # 12 |
Table 2 - Drill Hole Collar Locations
Drill Hole Number | Azimuth (°) | Dip (°) | Drill Hole | UTM | UTM |
BV24-043 | 160.4 | -65.2 | 542.5 | 675354.9 | 5254197.9 |
BV24-045 | 160.7 | -56.8 | 822.2 | 672376.2 | 5251969.2 |
BV24-047 | 163.3 | -75.1 | 312.4 | 675512.0 | 5254158.7 |
BV24-048 | 164.5 | -55.2 | 251.9 | 675622.6 | 5254160.3 |
BV24-056 | 199.4 | -53.4 | 501 | 675622.3 | 5254160.9 |
BV24-059 | 158.8 | -64.2 | 502.2 | 675551.0 | 5254259.0 |
BV24-061 | 166 | -65 | 501.3 | 675650.0 | 5254294.0 |
Figure 1 - Plan View Map of Belleterre Gold Project Brownfield Area
Figure 2 - Plan View and Longitudinal Section of Belleterre Mine Trend Drilling Results
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 Pascal Simard, Vice-President Exploration 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 which is a promising district-scale project that includes Quebec's past-producing high-grade Belleterre gold mine.
For further information, please contact:
Mathieu Savard
President and CEO
418-670-1448
www.vior.ca
SEDAR+: Vior Inc.
Cautionary Statement and Forward-Looking Information
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.
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.
SOURCE: Vior, Inc.
View the original press release on ACCESS Newswire
O.Norris--AMWN