Exposure to High Potential Gold & Critical Minerals Exposure to High Potential Gold & Critical Mineral Discoveries - Vior Inc (VIO.v VIORF)
Focused on exploring gold and critical minerals to provide shareholders with high-potential discovery exposure, Vior Inc. is a junior mining exploration company based in Quebec, Canada and benefits from a long history of exploration success for more than 35 years.
Company Overview & Financials:
- Management: Experienced team with significant ownership (7.3%).
- Market Cap: $36 million.
- Recent Fundraising: Raised $2.83 million recently, with a total working capital of $23.5 million.
- Major Shareholders:
- Osisko Mining: Nearly 20%.
- Quebec institutional funds: 12.5%.
- Scotia Asset Management: 9.4%.
- Management and board: 7.3%.
- Strategic holders: 14%.
Flagship Project: Belleterre Gold Project:
- Location: Southern Abitibi, Quebec.
- Infrastructure: Excellent road access, located near Val-d'Or and Rouyn-Noranda.
- Historical Production: Produced ~800,000 ounces of gold at 10.7 g/t between the 1930s and 1950s.
- Current Status: Drill-ready with a 60,000-meter program starting in June.
- Potential: High-grade gold system, district-scale with multi-deposit potential.
- Cost: Low-cost exploration ($170-$190 per meter including assays).
Exploration Strategy:
- Drill Program: Focus on high-conviction targets within the Belleterre Mine Trend.
- Depth Potential: Initial drilling to 750 meters, with potential for deeper exploration.
- Targets: Unexplored areas and high-grade mineralization shoots.
Corporate Strategy:
- Capital Allocation: Focus on high-potential gold projects, particularly Belleterre.
- Growth: Expect significant value creation over the next 12 months.
- Long-term Vision: Potential to identify 5 million ounces of gold.
Q&A Highlights:
- Fundraising Success: Attributed to the project's high-grade potential and substantial resource estimates.
- Drilling Strategy: Initial drilling from the surface due to the flooded old mine.
Positioned as a compelling investment opportunity with a well-funded, high-potential gold project, VIO is targeting a strategic approach to exploration and partnerships, as detailed in the latest Deutsche Goldmesse Presentation: https://www.youtube.com/watch?v=__9ueSsFo34
Posted on Behalf of Vior Inc.