Vior And Ethos Gold Announce Commencement Of Drilling At Their Ligneris Gold Project, Abitibi, Quebec
QUEBEC, CANADA, November 4, 2019 – SOCIÉTÉ D’EXPLORATION MINIÈRE VIOR INC. (“Vior”), (TSX-Venture: VIO, FRANKFURT: VL51), in partnership with Ethos Gold Corp. (“Ethos”)(TSXV:ECC, OTCQB:ETHOF) are pleased to announce the commencement of their previously announced drill campaign on the Ligneris gold project, located 110 km north of Vald’Or, Quebec (see press release of September 18, 2019). Two diamond drills are now on site and running, each targeting two differents areas, namely the Central and the South zones. Approximately 6,000 meters of drilling in the First Phase program is scheduled to be completed by the end of December 2019.
Figure 1. Ligneris- Chargeability, VTEM and selected historic drill intercepts
The objective of this drilling program is to test the depth extensions of historical gold-bearing drill intercepts to approximately 600 meters, which coincide with well-defined geophysical chargeability anomalies. The program will also test some shallow-depth chargeability anomalies generated from the recently completed gradient induced polarization survey (Gradient IP) that are located along stike with known strongly altered structural corridors. Historical drill intercepts at Ligneris included 10.6 m @ 13.5 g/t Au and 2.9 m @ 62.0 g/t Au in the South Zone, and 1.45 m @ 216 g/t Ag and 2.79% Zn, and 5.43 m @ 4.92 g/t Au in the Central Zone. The mineralization type and geochemical signature at Ligneris is interpreted as belonging to an Archean-age, gold-rich volcanogenic massive sulphide system.
Mark Fedosiewich, President and CEO of Vior stated: “We are excited to commence this significant drill program at Ligneris to test many of the high priority deep targets developed by our independent consultant InnovExplo. Previous drilling on Ligneris, almost 30 years ago, tested only the top 300 metres from the surface and intercepted multiple significant gold intervals (see Figure 1). Many of the drill holes will now test strong chargeability anomalies identified in the recent gradient IP survey below this gold mineralization. We look forward to announcing the results from this program.”