Vior Provides a Mid-Summer Exploration Update
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 fire s 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, t hrough 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.
Qualified Person
The technical content disclosed in this press release was reviewed and approved by
Laurent Eustache, Executive Vice-President for Vior and Qualified Person as per NI 43 -
101.
About Vior
Vior is a junior mining exploration corporation based in Quebec whose corporate strategy
is to generate, explore, and develop high-quality projects in proven and favorable mining
jurisdictions in North America. Through the years, Vior’s management and technical team
have demonstrated their ability to discover several gold deposits and many high -quality
mineral prospects. Vior is rapidly advancing three district-scale projects in Quebec, which
include its flagship Belleterre Gold Project, the Belleterre Crit ical Minerals Project
(Lithium) and its Skyfall Nickel Project.
For further information, please contact:
Mark Fedosiewich Laurent Eustache
President and CEO Executive Vice-President
613-898-5052 514-442-7707
[email protected] [email protected]
Website: www.vior.ca
SEDAR: Vior Inc.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the Policies of the TSX Ven ture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking statements. All statements, other than of historical facts, that address activities,
events or developments that the Corporation believes, expects or anticipates will or may occur in the future including, without
limitation, the planned exploration program on the Belleterre project, the expected positive exploration results, the timing of the
exploration results, the ability of the Corporation to continue with the exploration program, the availability of the required funds
to continue with the exploration and the approval from the Ministère de l’énergie et des ressources naturelle (“MERN”) of the
request for abandonment of the two mining concessions filed by 9293-0122 Québec Inc. are forward-looking statements.
Forward-looking statements are generally identifiable by use of the words "will", "should", "continue", "expect", "anticipate",
"estimate", "believe", "intend", "to earn", "to have', "plan" or "project" or the negative of these words or other variations on
these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many
of which are beyond the Corporation's ability to control or predict, that may cause the actual results of the Corporation to differ
materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ
materially from current expectations include, among other things, failure to meet expected, estimated or planned exploration
expenditures, the possibility that future exploration results will not be consistent with the Corporation's expectations, general
business and economic conditions, changes in world gold markets, sufficient labour and equipment being available, changes in
laws and permitting requirements, unanticipated weather changes, title disputes and claims, environmental risks, the refusal by
the MERN to approve the request for abandonment of the two mining concessions held by 9293-0122 Québec Inc. as well as
those risks identified in the Corporation's annual Management's Discussion and Analysis. Should one or more of these risks or
uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may
vary materially from those described and accordingly, readers should not place undue reliance on forward-looking statements.
Although the Corporation has attempted to identify important risks, uncertainties and factors which could cause actual results
to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Corporation does
not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by
applicable law.