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Bullboard - Stock Discussion Forum Vior Inc V.VIO

Alternate Symbol(s):  VIORF

Vior Inc. is a Canada-based junior mining exploration company. The Company is focused on advancing its flagship Belleterre Gold Project with the strategic support of Osisko Mining Inc. The Belleterre Gold Project is located in Belleterre, 95 kilometers (km) south of Rouyn-Noranda, within the prolific Abitibi-Temiscamingue region, providing exploration costs and access to key resources. The... see more

TSXV:VIO - Post Discussion

Vior Inc > Exploring For High-Grade Gold in Quebec
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Post by MarketMakerss on Nov 06, 2024 6:54pm

Exploring For High-Grade Gold in Quebec

Amid its 60,000-meter diamond drill program at its Belleterre Gold Project, Vior Inc. (VIO.v VIORF) joined the Ellis Martin Report to discuss the companys exploration for high-grade gold in Quebec: https://www.youtube.com/watch?v=nPRSawLTahI
 
Key Asset & Flagship Project: Belleterre Gold Project
  • Ownership: 100% owned, including past-producing Belleterre Gold Mine
  • Historical Production: Over 750,000 ounces at 10.7 g/t from the 1930s-1950s
  • Current Land Control: 90% of the Belleterre Greenstone Belt, known for high-grade surface gold deposits
 
Strategy and Operations
  • Hybrid Exploration Model: VIO conducts self-funded projects while partnering with others to advance additional assets.
  • Systematic Drilling Program: 60,000 meters, aimed at proving a multi-million-ounce potential.
  • Project Generator Model: Certain assets, like the Skyfall project, are jointly developed with partners, including SOQUEM (exploration arm of the Quebec government).
 
Financial Backing
  • Major Supporter: Osisko Mining, backed by a $21.8 million financing to support the Belter project’s ambitious drilling program.
  • Target of M&A: Goldfields, a large player in Quebec, is a potential future acquirer.
 
Quebec Advantage
  • Exploration-Friendly: Supported by Quebec's generous mining incentives, with tax benefits and government backing.
  • Resource-Rich: Quebec is a top province in Canada for gold, nickel, and other critical minerals.
 
Next Steps and Market Outlook
  • Ongoing Drilling: Initial assay results expected soon, with deeper drilling planned.
  • Gold Market Potential: High gold prices, undervaluation of junior miners, and increased investor interest signal a favorable market for VOR’s potential future growth.
 
For more information, refer to VIO's latest update on the drill program: https://www.vior.ca/new/vior-provides-update-on-60000-m-drill-program-at-belleterre-gold-project/
 
Posted on Behalf of Vior Inc.
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