After reaching $2,800/oz yesterday, gold saw a pullback today; however, gold explorer VIO.v held steady, still up 65% year-to-date.
Vior Inc. (Ticker: VIO.v or VIORF for US investors) is currently advancing its fully funded and permitted 60,000-meter drill program at the Belleterre Gold Project, located in Quebec’s Belleterre Greenstone Belt.
This project benefits from both a prime location within the prolific Abitibi-Temiscamingue region and competitive exploration costs.
VIO's expansive land package includes 1,195 claims, covering over 670 sq. km, and hosts several high-grade gold deposits and promising targets.
These targets include both brownfield gold and multi-metal prospects, as well as fertile greenfield regional targets.
Notably, the project encompasses the historic Belleterre Gold Mine Trend, which previously produced 750,000 oz of gold at an impressive 10.7 g/t Au and 95,000 oz of silver.
As a part of the ongoing drill program, VIO has drilled over 4,054 meters across 19 drill holes to date.
Initial results show promising gold potential, with one core revealing 16.6 meters of sulphide-bearing quartz veining within altered mafic volcanic rocks.
These findings support the potential for new extensions of mineralization along trend, in line with VIO's geological model.
Over 1,244 core samples have been sent for analysis, with all assay results currently pending.
As VIO aims to extend known mineralization and explore untouched areas, this extensive program marks the most significant exploration effort on this land in over 60 years.
Full drill update here: https://www.vior.ca/new/vior-provides-update-on-60000-m-drill-program-at-belleterre-gold-project/
Posted on behalf of Vior Inc.