Société d'exploration minière Vior Inc.
Douay West project, Matagami, Quebec - 4.3m oz Gold
Société d'exploration minière Vior Inc., (Vior Inc.) TSX.V : VIO., Québec QC Canada, is engaged in the exploration and development of quality gold and base metal properties in proven and accessible mining areas in Canada.
Its main asset, the Douay West project, is located south of Matagami, Quebec, in the northern part of the Abitibi mining belt.
This project is currently being re-evaluated in view of the current gold environment.
Vale Inco is the largest shareholder of Vior with a 11% interest
5.7 grams per tonne gold
According to the latest 43-101 Report, (Geostat Nov. 2007), the Douay Ouest deposit contains 2.15 million ounces of gold in the measured and inferred categories (269,000 ounces in the measured & indicated category and 1.85 million ounces in the inferred category
EXPLORATION PROJECTS
DOUAY : Au DOUAY WEST PROJECT The Douay West project consists of 9 claims totalling 107 hectares, and was discovered in 1990 by the Inco-Vior partnership. Vior acquired the entire project in 1992. Towards the end of 1996 Aurizon Mines attempted to put the deposit in production to acquire a 50% interest. After investing close to $5 million in the Douay West Project, Aurizon abandoned its option in 2000. The project now comprises a full surface infrastructure including offices, mechanical workshop, compressor room, hoist, head frame and electrical station. Both Vior’s technical team and management are working on the development of the Douay West deposit. In April 2008, Vior signed an agreement with DIAGNOS Inc., a leader in the use of artificial intelligence and advanced knowledge extraction techniques for the use of its technology and the creation of a local signature in order to locate new gold targets on its Douay property. Additional drilling is required on these porphyry zones as their economic value has increased substantially with the current rise in the price of gold. Eventual drilling will focus on uniting these zones which could be part of a much broader system. The North-West JV property is located west of the Douay property, and consists of 76 claims held by Vior (25%), SOQUEM (25%) and Northern Abitibi (50%). This property covers the western extension of the Casa Berardi-Douay-Cameron corridor over a distance of more than 3 kilometres. The best drill intersection returned 10.63 g/t Au over 4.9 metres. Very little deep drilling was carried out in this area over the previous years. Largest Shareholder Vale Inco Limited 8,570,423 - (11%) http://agoracom.com/ir/NorthernAbitibi http://www.soquem.qc.ca/SOQUEM%20ang...
VEZZA-NOYARD : Au
EDOUARD : Ni-Cu
BUTEUX -FECTEAU: Au-Cu-Zn
LIGNERIS : Au
BEAUCHASTEL : Au-Cu
DOMERGUE : Cu-Zn
NORTH WEST JOINT VENTURE PROPERTY AND JOUTEL BLOCK
The Joutel Block (100% Vior) also covers the Casa Berardi-Douay-Cameron fault over 4 kilometres. This major structure remains virtually unexplored to date.