Vior Inc.

Company Data | Introduction | Projects in Hand | Management
News Update
| Chinese

Address :  839 Rue St-Joseph Est, Suite 210
Quebec City, Quebec
Canada, G1K 3C8
Tel No.: (613) 898-5052
Web Site:
Contact Person: Mark Fedosiewich
Position: President

Company Data

Traded Market: TSX-V / Frankfurt
Traded Symbol: VIO / VL51
Outstanding Shares: 44,759267
52 Week High: $ 0.14
52 Week Low: $ 0.06
Present Price: Click Here









Vior is a junior mining exploration company based in Quebec whose corporate strategy is to generate, explore and develop high-quality projects in proven and favourable mining jurisdictions in North America. Through the years, Vior's management and technical team have demonstrated their ability to discover several gold deposits and many high-quality mineral prospects.

Vior's focus in 2019 will be on its highly prospective Gold projects in Nevada and Quebec, as well on its Foothills rutile project (JV with Iluka Resources Ltd.). The Tonya gold project in Nevada will be the focus of a targeted drilling program in late 2019. After compilation and analysis of the recently completed deep electromagnetic VTEM survey on the 100% owned Ligneris Gold-Base metals project in Quebec, a ground follow-up program will be undertaken in 2019 in preparation for a drilling program.

Projects in Hand

Project in Nevada

Tonya Gold Project

  • Vior holds 100% of the mining rights in the Tonya project
  • Located in Pershing County, 45 kilometers southwest of the town of Winnemucca
  • Located in one of the world's best mining jurisdictions
  • Within the prolific Rye Patch and Humboldt trends
  • On trend with the Florida Canyon and Standard open pit, heap leach gold mines with over 2.3 M oz of gold produced to date
  • The geology and geochemical pathfinders on the Tonya property are very similar to those found in the Florida Canyon mine area.
  • Host to disseminated and sediment hosted gold mineralization
  • Recent soil and MMI (Mobile Metal Ions) results outlined clustered anomalies in gold and its associated pathfinders (arsenic, antimony, silver)
  • Completed a second round of MMI sampling in February 2019 to better pinpoint optimal drill targets

The Tonya Project is in the early stages of exploration where initial results have been very promising. Work completed to date includes outcrop sampling, a local detailed soil and MMI survey and limited rotary drilling. Interpretation of the work to date, including surface geochemistry indicates that the Tonya Project represents the upper levels of an epithermal gold system similar to other deposits in the Belt. Historical drilling results suggest excellent potential for gold values to increase at depth.

Projects in Quebec

Ligneris Gold-Base Metals Project (100% Vior)

Searching a gold-rich polymetallic deposit

  • Located 100km northeast of Rouyn-Noranda
  • Historic results include drill holes averaging:
    • 13.5 g/t Au over 10.57 m
    • 4.9 g/t Au over 5.43 m
    • 5.15 g/t Au over 5.94 m
  • Recent VTEM survey indicates several new targets never previously detected by older EM methods
  • Ground follow-up on VTEM anomalies in 2019
  • On June 27, 2019, Vior announced that Ethos Gold Corp. has entered an agreement to earn up to a 70-per-cent interest in the Ligneris Project from Vior

Mosseau Gold Project (100% Vior)

Vior has secured a prospective land package adjacent to Osisko and SOQUEM properties

  • Located 22 kilometers east of the town of Lebel-surQuévillon, Quebec
  • Hosts a mineral resource of 317,700 tonnes grading 3.4 g/t gold known as the Morono "M zone" (historic, non-compliant 43-101)
  • Vior discovered a new gold zone in 2017 grading 1.13 g/t Au over 14.5 meters (40.0 to 56.0 m core length), including 2.93 g/t Au over 4.53 meters
  • Most of the IP anomalies remain untested
  • Open to J.V. partnership/ or drill in 2020

Vezza-Noyard Gold Project (100% Vior)

  • Located a few hundred meters from the producing Vezza gold mine. Osisko financed the Vezza mine for $10M in return for a 5% NSR and a 40% NPI
  • Osisko took delivery of its first royalty payment in 2016
  • The Vezza deposit structure is likely to extend at depth onto Vior's Vezza-Noyard project
  • Open for a partnership

Foothills Rutile Project (49% Vior, 51% Iluka)

  • Located 100 km east of Quebec City with excellent access and infrastructure nearby
  • Glacial train of rutile boulders grading up to 57.6% TiO2 discovered in 2015
  • Iluka, a global multi-billion dollar mineral resource company, is fully funding the exploration work and may earn a 90% interest in the project by spending $2.7 M. Vior retains a 2% NSR in the project and is the operator during the exploration phase
  • Recently completed a nearly comprehensive HeliFalcon gravity-gradiometric survey
  • Field follow-up underway in preparation of a significant summer 2019 drill program

Big Island Lake Rutile Project (49% Vior, 51% Iluka)

  • Located 25 km north of Havre-Saint-Pierre, North Shore region of Quebec
  • Grab returned samples grading up to 48.4% TiO2, and channel sampling of 41.6% over 7.7 meters
  • Iluka is fully funding the exploration work and may earn a 90% interest in the project by spending 1.7 M$. Vior retains a 2% NSR in the project
  • Recently completed a comprehensive HeliFalcon gravity-gradiometric survey


Management and Directors

Mark Fedosiewich, President and Chief Executive Officer, Director

Former First Vice President of CIBC Wood Gundy Inc.

Over 30 years experience in the investment and Junior mining sector

Extensive business network in the mining and resource sector

Marc L'Heureux, Vice President of Exploration and Director

Professional Geologist with more than 25 years experience in North and Latin America

Previously served with Cambior, Falconbridge and Barrick

Also serves on the Board of Directors

Ingrid Martin, CPA, CA, Chief Financial Officer and Corporate Secretary

Ms. Martin holds a bachelor in business management from the Ecole des hautes etudes commerciales (Montreal). She is a member of the Quebec CPA Order since 1990 and possesses extensive public company financial experience.

Claude St-Jacques, Chairman

Founder and past president of the Company as well as being the founder of Mazarin and Virginia Gold Mines

Eric Desaulniers, Director

Professional Geologist with a specialization in geophysics. Currently President and CEO of Nouveau Monde Graphite.

Charles-Olivier Tarte, Director

Chartered Professional Accountant, Certified Management Accountant and has more than 6 years of experience in the mining industry. Currently CFO of Nouveau Monde Graphite.

News Update

On September 18, 2019, Societe D'exploration Miniere Vior Inc., in partnership with Ethos Gold Corp., have generated multiple new drill targets based on the recently completed comprehensive field program at their Ligneris project, located 110 kilometres (km) north of Val d'Or, Que. The project has easy access through paved and all-weather logging roads. Basic services are available from the village of Taschereau located 35 km to the south. They prepare for a minimum 6,000m fall 2019 drill program.

On July 22, 2019, Vior Inc. announces commencement of the summer 2019 field program at Ligneris Project, Quebec and update on upcoming Carlin-East Project drill program, Nevada.

On July 12, 2019, Vior Inc. announced that it has begun a summer 2019 drill program at its Foothills rutile project located in Quebec.

Vior is undertaking exploration for large-scale hardrock rutile deposits on its 100-per-cent-held claims. A helicopter-supported diamond drilling program has begun and will look to test 11 first-priority airborne gravity and magnetic targets associated with key geological anomalies mapped during recent surface prospecting. The plan is to initially complete 16 holes totalling approximately 3,400 metres over the next six weeks. Drill core will be logged on the site and analyzed at the IOS Services Geoscientifiques facilities in Saguenay, Que., over the next three months.

On July 8, 2019, Vior Inc. announced that Gaetan Mercier has retired as chief financial officer and corporate secretary, effective July 8, 2019. Following this announcement, the Company welcomes Ingrid Martin, chartered professional accountant, chartered accountant, as Vior's new chief financial officer and corporate secretary.

Ms. Martin holds a bachelor in business management from the Ecole des hautes etudes commerciales (Montreal). She is a member of the Quebec CPA Order since 1990 and possesses extensive public company financial experience.

On June 27, 2019, Vior Inc. announced that Ethos Gold Corp. has entered an agreement to earn up to a 70-per-cent interest in the Ligneris gold project from Vior Inc., subject to acceptance by the TSX Venture Exchange.

Ethos can earn a 51-per-cent interest in the Ligneris project by paying Vior one million Ethos shares and incurring $3-million in expenditures over the first four years of the agreement.

Following the earn-in to a 51-per-cent interest, Ethos will have 60 days to elect to earn a further 19-per-cent interest (70-per-cent interest) by spending an additional $4-million over the subsequent three years.

On June 25, 2019, Vior Inc. announced that it has amended its stock option plan. The Company has decided to increase its number of reserved shares to be issued in accordance with the stock option plan to 4,425,900 shares, representing about 10 per cent of the current number of issued and outstanding shares of the corporation.

On May 31, 2019, Vior Inc. announced that it has made a strategic investment in Carlin-Type Holdings Ltd. This is an arm's-length transaction. CTH is a private corporation, incorporated under the Business Corporations Act (British Columbia), whose wholly owned Nevada subsidiary, Ridgeline Minerals Corp., holds the option to acquire a 100-per-cent interest in three highly prospective Carlin-type gold exploration projects in the world-class Carlin and Battle Mountain Eureka trends of Nevada.

Vior has invested $210,600 in the initial seed round of financing, providing it with an equity interest of approximately 8.3 per cent in CTH. Vior has also been granted a pre-emptive right to participate on a pro rata basis in CTH's next equity private placement financing.


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