Vior Stakes Significant Lithium Exploration Corridor and Expands Its Belleterre Project
Vior Stakes Significant Lithium Exploration Corridor and
Expands Its Belleterre Project
MONTREAL, QB / February 14, 2023 / Vior Inc. ("Vior" or the "Corporation"), (TSX-
V:VIO, OTCQB:VIORF and FRANKFURT:VL51) is pleased to announce that it has
identified multiple high potential targets for lithium bearing pegmatites and other strategic
metals, including nickel ("Ni") and platinum group elements ("PGE")after having completed an
extensive regional reconnaissance exploration review in and around its flagship Belleterre Gold
Project ("Belleterre" or "Project") in the Abitibi-Témiscamingue region of Quebec. After
recently identifying this exciting new exploration potential, Vior completed an aggressive map
staking of 466 additional claims in the area, comprising over 26,820 hectares (268.2 km2), to
secure and explore the high potential lithium-bearing pegmatites at Belleterre (Figure 1).
Mark Fedosiewich, President and CEO of Vior, states, "This is an exciting time for Vior. While
finalizing the regional data compilation at our flagship Belleterre Gold Project, the Vior team
identified multiple high-potential targets for lithium-bearing pegmatites. This staking of
additional claims further expands and consolidates our land package at Belleterre, and helps to
secure multiple gold and lithium targets across what has truly become a district-scale
opportunity. It is clear that there is an urgent need for a secure and sustainable access to critical
and strategic metals in North America, and this timely opportunity provides additional upside
exposure for Vior's shareholders, while remaining committed to our core focus of making a new
gold discovery in the historic Belleterre mining camp."
Although known for its historic high-grade gold production, the Belleterre region is also
recognized for its lithium endowment with economic grades and quantities discovered and
delineated at the advanced Tansim Lithium Project, located 20km north of Vior's property and
includes significant drill intercepts: 12.35m @ 1.29% Li2O and 43.7m @ 0.82% Li2O, including
16.1m @ 1.26% Li2O (GM71640). Owned by Sayona Mining Ltd ("Sayona") (ASX:SYA), one
of the most advanced pre-production companies in the lithium space, the Tansim project is part
of Sayona's Abitibi Hub strategy (Figure 1) that includes other advanced production assets and
refineries in the Abitibi.
Figure 1 - Belleterre Project location within Sayona's Abitibi Lithium Hub.
By leveraging all publicly available geophysics and surface geochemical data, the Vior team has
identified a +80km prospective lithium-bearing corridor that extends south of the Tansim deposit
and into the Belleterre district. The corridor was delineated through the analysis of numerous
lithium and other pathfinder elements' anomalies from stream and lake bottom sediments and the
classification of a prospective 20km lithium-cesium-tantalum type (Li-Cs-Ta) pegmatite dyke
swarm to the south of the Belleterre property (Figure 2), similar to that found at the Tansim
project. As a result, Vior moved quickly to stake the additional 466 claims, expanding its land
position to the East and South in order to encapsulate this prospective lithium exploration
corridor that is in close proximity to fertile S-type magmatic units.
Figure 2 - Belleterre Project land tenure position and interpreted lithium prospective corridor
The Belleterre Project benefits from its advantageous location within the Abitibi-Temiscamingue
region, providing competitive exploration costs and exceptional access to key resources. Within
close proximity to two major mining towns in Quebec, this provides for a comprehensive mining
infrastructure that includes an extensive road network and access to power, as well as a readily
available and skilled workforce. The past gold production at the Belleterre gold mine, the highly
prospective future gold targets generated by Vior, as well as the advanced lithium project at
Tansim are testament to the exploration potential of this area. Vior holds a dominant land
position in the region and controls a highly prospective multi-commodity exploration project that
can advance quickly with fieldwork expected to start early Spring of 2023.
About the Belleterre Project
The project is located near the town of Belleterre in the Abitibi-Témiscamingue region of
Quebec, 95km south of Rouyn-Noranda, QC. The property consists of 1,017 claims over an area
of 57,220 hectares (572.2 km2), forming a district-scale exploration package. The Project
includes the option to acquire the former high-grade Belleterre Gold Mine that produced over
750,000 oz gold at 10.73 grams per tonne (g/t) and 95,000 oz silver (Ag) at 1.73 g/t between
1936 and 1959 (Source: Sigeom MERN). The property has been under-explored over the the past
60 years and has never been the subject of such significant consolidation until now. This
property has also never been explored for its lithium potential, and only limited previous work
was dedicated to Ni, PGE magmatic mineralization and other critical metals.
About Vior Inc.
Vior is a hybrid 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. Through the years, Vior's management and technical teams have
demonstrated their ability to discover several gold deposits and many high-quality mineral
prospects.
Cautionary Statement
Lithium, nickel, PGE and other critical elements mineralization occurring on nearby projects is
not necessarily indicative of potential mineralization that may be identified on the Belleterre
property.
Qualified Persons
The technical content disclosed in this press release was reviewed and approved by Laurent
Eustache, Vior's Executive Vice-President and Christian Blanchet, Operations Manager for Vior,
both Qualified Persons as per National Instrument 43-101.
For further information, please contact:
Mark Fedosiewich
President and CEO
613-898-5052
Laurent Eustache
Executive Vice-President
Tel.: 514-442-7707
www.vior.ca
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.
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.
SOURCE: Vior Inc.