VIOR REPORTS NEW HIGH-GRADE GOLD DISCOVERY AT LAC GUILLET AREA
Exploration Drilling Returns High-Grade: 97.9 g/t Au over 1.5 Metres
New High-Grade Gold Discovery at
Drillhole BV25-141, collared along the
-
97.9 g/t Au over 1.5 metres
(at approximately 100 metres vertical depth)
This interval is located on strike with the QFP-A surface gold showing, approximately 100 metres to the east, originally identified by
New Gold Zone Discovered at
Drillhole BV25-143, targeting the
- 3.0 g/t Au over 4.3 metres, including 10.6 g/t Au over 1.0 metre
The mineralization is hosted in
These new zones are located within a North-East striking deformation structure, reinforcing the importance of structural control in the development of high-grade gold systems at Belleterre.
Maps showing hole locations and full analytical results are available at www.vior.ca
Table 1 – Drill Core Assay Results
Drill Hole |
Interval
|
Interval
|
Interval
|
Au (g/t)
|
Zone |
BV25-141 |
118.5 |
120.0 |
1.5 |
97.9 |
|
BV25-143 |
476.0 |
480.3 |
4.3 |
3.0 |
Hoskin |
Including |
478.3 |
479.3 |
1.0 |
10.6 |
Hoskin |
Table 2 – Drill Hole Collar Locations
Drill Hole |
Azimuth (°) |
Dip (°) |
Drill Hole |
UTM |
UTM |
BV25-141 |
180 |
-70 |
258.1 |
674954 |
5251964 |
BV25-143 |
300 |
-50 |
492.1 |
675464 |
5254694 |
Advancing Toward Phase 2 Drill Program
With the completion of this first phase of drilling anticipated in the coming weeks,
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
Qualified Person
The technical content disclosed in this press release was reviewed and approved by
About
www.vior.ca
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Neither the
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
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