QUEBEC, QC / ACCESSWIRE / August 28, 2020 / SOCIT D'EXPLORATION MINIRE VIOR INC. (TSX-V:VIO)(FRANKFURT:VL51) - is pleased to announce that the 2020 exploration program has begun on its 100% owned Mosseau gold project, located 22 kilometers east of the town of Lebel-sur-Quvillon, Quebec.
During the month of August, the Company completed an 18.4 line-kilometer dipole-dipole induced polarization ("IP") geophysical survey on the northern and western extensions of the IP grid carried out in 2017 (see figure below). The purpose of the survey was to cover the area of the Morono ''M'' gold deposit as well as the area along the sheared contact zone to the north. This sheared contact zone lies between the Wilson intrusion and the volcanic rocks, which is the host to several gold prospects and showings on Mosseau. The new IP survey has identified at least 8 new drill targets in addition to the 12 targets that had been identified during the 2017 survey (of which several remain untested).
The new IP anomalies were followed up by prospecting and field mapping during which mineralized rock samples were collected. The assay results are expected in September. Some mineralized outcrops and other sites corresponding to chargeability PP anomalies have also been identified in preparation for outcrop stripping to be held later this fall. The stripping work will help to better characterize the mineralized zones on surface and at validating the IP anomalies.
A drill campaign is now scheduled for Winter 2020-2021 to test the IP anomalies located in the extensions of known gold mineralization associated with shear zones. Some drilling will look to confirm the gold mineralization along the Morono ''M'' deposit zone, as well as the ''R'', ''S'', and ''P'' gold zones which are parallel to Morono.
The Mosseau gold project is 100% owned by Vior and consists of 73 claims covering an area of 36.8 square kilometers. The project is considered to be highly prospective due to (1): the presence of the Morono ‘'M'' historic gold mineral resource (see press release dated March 22, 2017), and (2) the presence several gold showings and drill intercepts associated with shear zones often coincident with chargeability anomalies, that can be traced over a strike length of more than 10 kilometers. Mosseau is surrounded to the west by Osisko Mining and to the northwest by Soquem's Verneuil project and Cartier Resources Wilson project.
In 2017, Vior discovered a new gold zone that was intersected in hole MO-17-10 which targeted an IP chargeability anomaly located 800 meters northwest and on-trend with the KC-1 surface showing where a selected rock sample returned 12.1 g/t Au (press release of March 14, 2018). The new discovery was located north and parallel to the northwest-southeast-trending Kiask River Fault Zone that crosses the Property. Hole MO-17-10 intersected 1.13 g/t Au over 14.5 meters (40.0 to 56.0 m core length), including 2.93 g/t Au over 4.53 meters, including an interval of 7.41 g/t Au over 0.91 meter (assays are reported in true thicknesses). The discovery of this new gold zone opened a significant prospective area with a minimum strike length of 900 meters that remains largely unexplored and open in all directions
Qualified Person
The technical content disclosed in this press release was reviewed and approved by Mr. Marc L'Heureux, P.Geo., who is the Company's 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. 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:
Mark Fedosiewich
President and CEO
Tel.: 613-898-5052
mfedosiewich@vior.ca
Marc L'Heureux
Vice-president, Exploration
Tel.: 450-646-1790
mlheureux@vior.ca
Website: www.vior.ca
SEDAR: Socit d'exploration minire 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.
SOURCE: Socit d'exploration minire Vior inc.
View source version on
accesswire.com:
https://www.accesswire.com/603764/Vior-Begins-Its-2020-Exploration-Campaign-on-the-Mosseau-Gold-Project-Lebel-Sur-Quvillon-Quebec