Vior and Ethos Define Multiple New Drill Targets at the Ligneris GOLD Project, Abitibi, Quebec - Prepare FOR a Minimum 6,000m Fall 2019 Drill Program
VIOR AND ETHOS DEFINE MULTIPLE NEW DRILL TARGETS AT THE LIGNERIS
GOLD PROJECT, ABITIBI, QUEBEC - PREPARE FOR A MINIMUM 6,000m FALL
2019 DRILL PROGRAM
QUEBEC, CANADA, September 1 8, 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 that they have generated
multiple new drill targets based on the recently completed comprehensive field program at
their Ligneris Project, located 110 km north of Val -d'Or, Quebec. The project has easy access
through paved and all -weather logging roads. Basic services are available from the village of
Taschereau located 35 km to the south.
Overview
Ligneris lies within the prolific Abitibi Greenstone Belt and has a major hydrothermal footprint
identified by two main zones of approximately 20 0 to 300 m eters thick and more than 1. 8
kilometers long, suggesting a la rge and deep seated mineralized system. The Property is also
transected by a 3 -km wide fault zone comparable to other major faults in the Abiti bi that host
multimillion-ounce gold deposits. The mineralizat ion at Ligneris is interpreted as an Archean -
age, gold rich VMS system, geologically an alogous to Agnico Eagle’s flagship Bousquet/LaRonde
complex located 80 km south (approximately 9 million oz produ ction since 1988 plus current
reserves, as reported on Agnico Eagle web site). Highlights include:
• Previous work by Vior (1985 -1986), Placer Dome (1987 -1990) and Barrick (1997)
included 204 drill holes (approximately 40,000 meters) mostly clustered around
identified mineralized zones (the North, Central and South Zones) on the project.
• 75 of these 20 4 holes crosscut significant gold and/or zinc intercepts. Historical drill
intercepts 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 in the Central Zone (see Vior June 27, 2019 news
release).
• Only 7 holes reached over 300 meters in depth. In comparison current exploration at
LaRonde extends to approximately 3,500 meters depth.
• Previous Ligneris drilling was done without the benefit of modern, deeper penetrating
geophysics. In late 2018 , Vior completed a 717 line -km helicopter -borne VTEM
geophysical survey (see Vior February 28, 2019 news release) and Vior and Ethos have
PRESS RELEASE
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now completed a 125 line-km gradient induced polarization (Gradient IP) geophysical
survey.
• The recent Gradient IP survey was carried out by Abitibi Géophysique, and 3D inversion
processing of the data by MB Géosolution has outlined significant new chargeability
anomalies in the lateral and depth extensions of the existing mineralized zones.
• Specifically this 3D inversion pro cessing of the Gradient IP data indicates a significant
increase of the chargeability to a depth of 450 meters that appears correlated to some
historic shallow gold intersections (see example in Figure 1 below). These new deep
chargeability anomalies represent first priority drill targets.
• Some of the target areas generated by the Gradient -IP survey cover a strike of over one
kilometer.
• A new structural study at Ligneris has also recently been completed by Vior and Ethos
including a comprehensive field structural mapping program.
• InnovExplo, a Val -d’Or based consulting firm were retained to incorporate all of the
historic and current exploration work into a comprehensive GIS database.
• InnovExplo then utilized Leapfrog -3D software to model and correlate all historic and
recent data into a three dimensional model to generate drill targets.
• Based on this analysis InnovExplo have recommended 27 core holes to test
approximately 13 separate target zones, including 11 “Priority 1” (or “P1”) holes.
• The Gradient IP survey has also defined several new shallower depth chargeability
targets spread over a 7 -kilometer strike length in the rhyodacitic and andesitic volcanic
rock package on the property, some of which are in the lateral extensions of known
mineralization associated to strong alteration zones in ankerite and sericite. These new
combined geological and geophysical targets have not previously been drill-tested.
• A survey totaling 27 glacial till samples, conducted in early summer 2019 by IOS Ser vices
Géoscientifiques, returned standardized counts on 10 -kg samples ranging from 101 to
610 gold grains down -ice from the South and Central zones. This survey has defined a
new drill target area located in the western extension of the Central Zone, which
corresponds to a Gradient IP chargeability target and a 118 -gold grain count in the
down-ice direction.
Vior and Ethos are currently refining their drill hole targets in preparation for a minimum 6,000
meter drill program to begin at the end of October 2019.
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Example Target
The section below illustrates a deeper charg eability target correlated to nearer surface gold
mineralization:
Figure 1. Proposed DDH017
Previous drilling on this section tested the top 300 meters and intercepted multiple intervals of
gold mineralization, including some significant higher -grade intervals (see Figure 1). Proposed
hole 017 will test a strong charg eability anomaly identified in the recent gradient IP survey
below this gold mineralization.
Expansion of the Ligneris Property
Based on the Ligneris work program to date, Ethos and Vior have been granted or have applied
for an additional 57 claims (27.7 km 2) covering additional areas now considered prospective for
further target development. If all these additional claims are granted the Ligneris project area
will have increased from 94 claims covering 36.2 km2 to 151 claims covering 63.9 km2.
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Summary
Work at Ligneris is being supervised by Marc L'Heureux, P .Geo., M.A.Sc., Vior’s VP Exploration
whose experience includes approximately five years working in the Bousquet-LaRonde complex.
Stated Mr. L’Heureux: “the new Gradient IP survey processed in combination with the historical
geochemical, geological and geophysical data represents a valuable tool for detecting massive
and disseminated gold -rich mineralization of volcanogenic type as found in the Bousquet -
LaRonde camp. We are looking forward to commencing drilling at the end of October to test the
multiple targets that have been defined by this work”.
Stated Mark Fedosiewich, President and CEO of Vior: “We are excited to be working towards
commencing a sign ificant drill program to test these high priority targets. We have benefited
greatly from the substantial historic work including over 200 drill holes, from extensive modern
geophysical surveys, from the expertise of InnovExplo in consolidating and analys ing all the
data, and from the experience of our team in exploring th ese types of targets and in operating
in the Abitibi region of Quebec. Ligneris has excellent access and we are working in a prolific
world renowned gold mining region with highly experienced exploration and mine development
personnel and excellent support infrastructure. We will report when drilling begins and when
drill results become available.”
Ligneris Option Agreement
Ethos can earn a 51% interest in the Ligneris Project by paying Vior 1.0 million in Ethos shares
and incurring $3.0 million in expenditures over the first four years of the agreement. Following
an earn-in to 51%, Ethos will have 60 days to elect to earn a further 19% interest (to a total 70%
interest) by spending an additional $4 million over the subsequent three years.
Qualified Person
Marc L’Heureux, P .Geo., M.A.Sc., VP Exploration of the Company and a Qualified Person as
defined under National Instrume nt 43 -101 has reviewed and approved this release. The
technical content disclosed in this press release was also reviewed and approved by Jo Price ,
P .Geo., M.Sc., who is Ethos’ Qualified Person as per NI 43-101.
About Vior
Vior is a junior mining exploration company based in Quebec whose corporate strategy is to
generate, explore, and develop high quality projects in proven and favourable mining
jurisdictions in North America. Their projects and investments are currently located in top
ranked Quebe c (#4) and Nevada (#1). Through the years, Vior’s management and technical
team have demonstrated their ability to discover several gold deposits and many high -quality
mineral prospects.
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For further information, please contact:
Mark Fedosiewich Marc L’Heureux
President and CEO Vice-president, Exploration
Tel.: 613-898-5052 Tel.: 450-646-1790
[email protected] [email protected]
Website: www.vior.ca
SEDAR: Société d’exploration minière Vior inc.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in
the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.