Bullboard - Stock Discussion Forum Vior Inc VIORF

Primary Symbol: V.VIO

Metals & Mining Industrial Metals & Minerals

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

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Vior Inc > Exposure to High Potential Gold & Critical Minerals

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Post by MarketMakerss on Aug 01, 2024 5:05pm

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.