Vior Provides A Mid-Summer Exploration Update

Montreal, CANADA, August 16, 2023 – VIOR INC. (« Vior » or the « Corporation »), (TSX-V: VIO, OTCQB: VIORF and FRANKFURT: VL51) – is pleased to provide an update on the Corporation’s Summer 2023 field exploration programs across its three key exploration projects: Belleterre Gold Project, Belleterre Critical Minerals Project (Lithium) and Skyfall Nickel Project.

Mark Fedosiewich, Vior’s President and CEO commented, “It has been a very busy and somewhat disruptive exploration season for Vior as we rapidly advance three district-scale projects in Quebec. We are pleased to report that the temporary restrictions caused by the forest fires on our Skyfall Nickel Project, and at our Belleterre Gold and Critical Minerals Projects, have now all been lifted. Notwithstanding, the Vior team has exhibited remarkable agility in rapidly adapting to this unprecedented situation. Our proactive approach has effectively averted any potential downtime in the field during our pivotal exploration season. Our crews have been active at Belleterre for the past month since the restrictions were lifted in this specific area, and have now just returned to the Skyfall Nickel Project this past week. Each of these distinct projects offers exposure to a different and highly sought after metal, representing tremendous value creation opportunities for Vior shareholders.

The extensive field exploration programs that began this Summer on Vior’s Key exploration projects will continue well into Fall 2023. The field work includes:

  • Stripping, channel sampling, and backpack drilling to investigate near-surface geological continuity should be underway next week at the Belleterre Gold Project. The selection of our field exploration sites are a direct outcome of our collaboration with industry leaders ALSGoldspot and 3DGeo Solutions, leveraging cutting-edge structural modeling and AI targeting. These advanced methodologies have enabled us to target high-potential locations. In addition, through a systematic approach encompassing thorough field validation and analysis, our objective is to better define an upcoming major drill program. Future communications will detail these recent compilation works and the compelling exploration targets;
  • A second reconnaissance program for lithium-bearing pegmatites at our Belleterre Critical Minerals Project (Lithium) was completed in July to better define the most prospective areas. Field crews have confirmed the location of various pegmatite dyke swarms in the proximity of the Two-Mica granite Decelle intrusive;
  • Three field crews were mobilized at the Skyfall Nickel Project for the first-ever large-scale field reconnaissance program looking to validate VTEM anomalies for nickel, however, due to the forest fires were forced to demobilize after a few days. Preliminary results confirmed that VTEM anomalies correlate with surface sulphide conductors, thus representing an excellent tool to lead surface exploration for Nickel mineralization at Skyfall. The team has now returned this past week to resume their promising exploration work;
  • After demobilizing at the Skyfall Nickel project in early June, and awaiting permission to return to the Belleterre project, Vior’s Exploration team relocated for 10 days to another Vior project not affected by the temporary restrictions. Upcoming communications will detail the results of this previous unplanned fieldwork.

Also, Vior will be communicating a more comprehensive technical update for its projects in the coming weeks and months as lab results become available and are interpreted.