Vior Completes the First Phase of a Surface Geochemical Sampling Survey on the Vezza-Noyard Project, Matagami Area, Quebec
20 Gennaio 2011 - 2:00PM
Marketwired
SOCIETE D'EXPLORATION MINIERE VIOR INC. (TSX VENTURE:
VIO)(FRANKFURT: VL5) is pleased to announce the completion of the
first phase of a surface geochemical sampling program on its
100%-owned Vezza-Noyard property (346 Ha), located 25 kilometres
south of Matagami, Quebec.
The program consisted of a 76-sample MMI (Mobile Metal Ion)
survey distributed along a north-south fence near the Property
boundary with the North American Palladium's (TSX: PDL) Vezza gold
deposit, where Measured and Indicated Resources are estimated to
contain 288,000 ounces of gold (PDL press release of April 20,
2010).
Preliminary results from the MMI sampling indicate the presence
of three distinct clusters of gold-silver anomalies locally
associated with arsenic and antimony pathfinders. The anomalies
cover strike lengths ranging from 25 metres to 125 metres across
the stratigraphy and the extensions of known gold mineralization.
On surface, the Vezza gold deposit is located less than 300 metres
away from the northernmost MMI anomaly on the Property. Historical
drilling near the extensions of this MMI anomaly returned 4.2 g/t
Au over 5.2 metres, 11.8 g/t Au over 2.25 metres and 6.1 g/t Au
over 1.3 metres.
A recent technical report on the Mineral Resource Estimate at
Vezza, by Scott Wilson RPA, dated April 2, 2010 (source:
www.sedar.com), states that the gold distribution in the Contact
Zone at Vezza shows that this zone is open down plunge to the
southeast. This suggests that the Contact Zone might extend onto
the Vezza-Noyard property. Furthermore, the report shows that part
of the 650-metre-level, underground infrastructure at the Vezza
gold deposit is located within the Company's Vezza-Noyard property
boundary.
No deep drilling was ever done on the Property to test the
extensions at depth of the Vezza gold deposits. Vior is currently
designing an exploration program to follow up on the MMI sampling
and a field work is slated to begin on the Property in summer
2011.
Douay West
On January 5th, 2011, the Company and partner Aurvista Gold
Corp, completed three deep drill holes for 2,006 metres on the
Douay property. These holes were testing the depth extensions of
the Douay Ouest gold deposit (between 500 m and 600 m vertically).
Assay results are pending and will be released as soon as received
and processed.
This press release was prepared by Mr. Marc L'Heureux who is the
Company's Qualified Person under National Instrument 43-101.
Profile
Vior is a growing mining company focused on developing its
properties. The company owns a 75% participating interest in the
Douay Ouest gold project and other mineral properties.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this Press Release.
Contacts: Vior Inc. Claude St-Jacques President 418-692-2678
cstjacques@vior.ca Vior Inc. Marc L'Heureux Vice-president
Exploration 418-692-2678 mlheureux@vior.ca www.vior.ca
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