Vior Begins Phase II Drill Program At Belleterre Gold Project

Montreal, Canada, March 3, 2022 – Vior Inc. (“Vior” or the “Corporation”), (TSX-V: VIO, FRANKFURT: VL51) is pleased to announce the start of its Phase II drill program at its district-scale Belleterre gold project (“Belleterre” or “Project”) in the Abitibi-Témiscamingue region of Quebec (Figure 1). The recently completed 3D structural model, designed by 3DGeo Solution Inc. from the compilation of historical data of the former Belleterre gold mine, has been used to help generate this campaign’s high priority drill targets located within the potential extensions of the past high-grade mineralization at Belleterre.

We are anxious to begin this exciting new phase of drilling at Belleterre, which incorporates many aspects of our new 3D structural model. The Belleterre property truly represents a district-scale opportunity, with Vior controlling over 37 km of strike length on the Belleterre Archean Greenstone Belt. The geological setting is very similar to several past producing high-grade mining camps in the Abitibi with the key difference being that the Belleterre Greenstone belt has never been fully consolidated and as a result, has seen very little systematic exploration over the past 60 years. Based on modelling to date, the historical drilling highlights the potential for the down-dip continuation of multiple high-grade veins or “shoots”, with roughly 50% of this Phase II drill program focused on validating historical high-grade gold intercepts along the down-dip projection of vein 12W. The remainder of our drilling will test multiple high-grade vein targets along the Mill Creek shear zone in the vicinity of shaft 2 and 4. This is an exciting time for Vior and we look forward to the results of both the Phase I and Phase II programs,” said Mark Fedosiewich, Vior’s President and CEO.

The Phase II drill program will consist of eight (8) high-priority drill targets totalling over 4,000 meters (“m”) and will be focused on the former Belleterre mine concessions. Various extensions of past producing gold bearing structures are being targeted and are detailed below (Figure 2):

  • Four (4) holes will test the southwest extension of the 12W vein. This structure is interpreted to be the extension of the main historical high-grade mineralized horizon of the past producing Belleterre mine, where the majority of gold production occurred. Vein 12W is also parallel to the regional Gainsmoor deformation shear zone (Figure 3), which is interpreted as a key structural control to mineralization for the greater Belleterre district.
  • Three (3) holes will test the Mill Creek shear zone, which parallels the Gainsmoor deformation zone and hosts multiple historic high-grade veins accessed via two of the four shafts of the former Belleterre gold mine. Two of the three holes will test the northeast extension of the structure and will be located within 250 m of shaft 4 and spaced 400 m from each other along the structure where intrusives and associated gold mineralization have historically been recognised. The third hole, a greater than 300m step out from shaft 2, will test the southwest extension of the mineralized structure. (Figure 2)
  • One (1) final hole will test a 400 m step out to the southwest extension of veins 15 and 26, where both zones have been historically underexplored. (Figure 2)


Location of the Belleterre Gold Project

Figure 1: Location of the Belleterre Gold Project

Belleterre Phase II drill targets

Figure 2: Phase II drill targets

Belleterre historical high-grade mineralization

Figure 3: Historical high-grade mineralization