Vior and Ethos GOLD Announce Commencement of Drilling at Their Ligneris GOLD Project, Abitibi, Quebec
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 Val -
d'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
PRESS RELEASE
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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 mu ltiple 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.”
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 initial earn-in to 51%, Ethos will have 60 days to elect to earn -in a further 19% interest (to a
total interest of 70% interest) by incurring an additional $4 million in project expenditures over
the subsequent three years.
Qualified Person
Marc L’Heureux, P.G e o . , M.A.Sc., VP Exploration of the Company and a Qualified Person as
defined under National Instrument 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 Quebec (#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.
For further information, please contact:
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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.