DOUAY WEST PROJECT
Vior’s flagship Project is located 50 km south of the mining town of Mattagami in Abitibi, Quebec, Canada. The latest 43-101 (Geostat System Intl., Nov. 2007) reported indicated and measured resources of 157,000 ounces of gold (859,000 tonnes at 5.7 g/t Au) from surface to a depth of only 350 metres.
DOUAY PROPERTY
Covers 20 kilometers of the CasaBerardi-Cameron auriferous deformation corridor hosting the CasaBerardi Gold Mine 50 km to the West. Apart from Douay West, the Douay Property hosts half a dozen gold zones totalling 1.85 M oz of low-grade inferred resources with bulk mining potential (Geostat Intl. 2007).

Pull apart structure, Temiskaming-type sediments, alkaline intrusive complex, iron-rich volcanics and strong albite/iron-carbonate alteration indicate same geological environment as major Abitibi mining camps like Timmins (62 M oz) and Kirkland Lake (41 M oz). A twelve-kilometre stretch of the Property is still not drill-tested.
S.E.M VIOR
Société d'exploration minière Vior Inc. (Vior) is engaged in the exploration and development of quality gold properties in proven and accessible mining areas in Canada. Its current active projects are Douay West, Ligneris and Beauchastel, all located in Abitibi.
FIRST PRIORITY OBJECTIVE
Vior management is actively evaluating different scenarios in order to optimise the development and financing of the Douay West Project. In 1997, Aurizon Mine estimated that the project was profitable at 400$US per oz gold. When gold price drop below 350$US, and after investing 5M$ in surface infracture, Aurizon returned the Property to Vior. The infrastructures, today valued at 8M$, were kept in care and maintenance since. Vior believe that, at actual costs and price, a new technico-economic model for the Douay West deposit should be quite robust.
PRELIMINARY ECONOMIC ASSESSMENT
The complete version of the Preliminary Economic Assessment, released recently by the company's management, is available here.
Douay West building and head frame (2009)

Actual surface installed infrastructure maintained since 1997 on
Douay West are:
• 5 km all-weather road from highway 109
• Electrical line & station connected to HydroQuebec
• Steel head frame and shaft collared in bedrock
• Installed hoist of 1,100 meters capacity
• Main building hosting dry, garage, hoist and office
• Water well and septic installations
Douay West hoist (2009)
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NEWS - EVENTS

January 28, 2010
PRELIMINARY ECONOMIC ASSESSMENT ON DOUAY WEST: ROBUST ECONOMIC MODEL, C$24.6M NPV AND 71% IRR
SOCIÉTÉ D’EXPLORATION VIOR INC. (TSX VENTURE (VIO), FRANKFURT (VL5) –– is pleased to announce the results of a Preliminary Economic Assessment (PEA) and a new underground (U/G) resource estimate for its 100%-owned Douay Ouest gold project in Northern Abitibi, Quebec, Canada...(more)

January 29, 2010
VIOR : SHARES ISSUED TO FONDS DE SOLIDARITÉ FTQ
SOCIÉTÉ D’EXPLORATION MINIÈRE VIOR INC. (TSX VENTURE (VIO), FRANKFURT (VL5) – announces that, subject to the TSX Venture Exchange approval, Vior will issue 69,333 common shares at deemed price of $0.08725 per share to Fonds de solidarité FTQ (“FTQ”) representing the interest due (totalling $6,049.32) as of January 17, 2010...(more)
November 23, 2009
VIOR OBTAINS AUTHORIZATION TO COMPLETE A BULK SAMPLE ON ITS DOUAY OUEST PROPERTY AND COMPLETES A $150 000 FINANCING WITH A FUND
SOCIÉTÉ D’EXPLORATION MINIÈRE VIOR INC. (TSX CROISSANCE (VIO), FRANKFURT (VL5) – closed on November 17, 2009 a private placement with a fund from Toronto for gross proceeds of $150,000 consisting of a total of 1,153,946 flow-through common shares at a price of $0.13 per share...(more)
October 13, 2009
VIOR CLOSES A $300,000 PLACEMENT AND HAS COMMISSIONNED
A PRELIMINARY ECONOMIC ASSESSMENT ON DOUAY OUEST 
SOCIÉTÉ D’EXPLORATION MINIÈRE VIOR INC. (TSX VENTURE (VIO), FRANKFURT (VL5) – announces that it has completed a $300,000 private placement with several investors, of which one insider of the Company for an amount of $20,000, and with CGE Ressources 2009 RX SEC.In total, the Company has issued 2,400,000 flow-through shares at the price of $0.125 per share...(more)
September 17, 2009
VIOR TO INITIATE PROCEDURES TO OBTAIN A PERMIT FOR BULK SAMPLING AND RETAINS SERVICES OF IBK CAPITAL 
Société d’exploration minière Vior Inc. announces that it has initiated procedures with the Ministère des Ressources naturelles et de la Faune du Québec (MRNF) and the Ministère du Développement durable et de l'Environnement et des Parcs (MDDEP) to obtain the authorization to carry out a bulk sampling on its Douay Ouest property...(more)

June 16, 2009
VIOR TO SIGN TWO AGREEMENTS
Société d’exploration minière.
Vior Inc. (“Vior” or the “Company”) is pleased to announce that it has entered into two agreements. Agreement with SDBJ and Agreement with Mr. Raynald Vézina...(more)