STRATEGY


Vior is engaged in the exploration and development of quality gold and base metal properties in known and accessible mining areas in the Province of Québec with the help of advanced technical exploration techniques. The Company’s main asset, the Douay project is located 60 kilometres south of Matagami on the northern section of the Abitibi greenstone belt. This project is at a pre-feasibility stage and the Douay properties, according to the latest NI 43-101 compliant resource calculation (Geostat International Inc. Nov. 2007) contains 260, 000 ounces in the measured and indicated categories and 1, 85 million ounces in the inferred category. The society wants to focus its energies on the Douay west sector, where it currently owns mining infrastructures evaluated at more than 7 million $ and where resources of 628,000 tons at a grade of 6.54 gr au were identified. An internal study revealed that a 6 million $ investment on the deposit could generate a positive cash flow of more than 25$ million, for the first four years of production at a gold price of 1000$ cad. Vior is continuously working to increase this resource and at the same time, pursuing different avenues to bring this property into production. Vior is also conducting regular exploration programs for gold and base metals on some of its other properties, mainly the Buteux-Fecteau, Ligneris, Lac-Édouard, Barlow Lake, Sebastien Lake and Kennedy properties.