Vior Inc.: Positive Drilling Results at Douay
10 February 2011 - 12:30AM
Marketwired
Societe d'Exploration Miniere Vior Inc. (TSX VENTURE:
VIO)(FRANKFURT: VL5) and Aurvista Gold Corp. are pleased to
announce positive drilling results from the exploration program on
the Douay property, region of Matagami, Quebec. The 12,000-metre
diamond drilling program announced in November 2010 has returned to
date 80 metres of gold mineralization in the Porphyry Zone and
confirmed the extensions of the Douay Ouest mineralized zone at
depth.
Porphyry Zone
Results from the first hole in western end of the Porphyry Zone
(Adam 92-7 Zone) confirmed the potential for a large tonnage
low-grade gold deposit. Hole DO-11-33 intersected 1.07 g/t gold
over 79.3m (257.5m - 336.8m), including 1.56 g/t gold over 38.3m
(298.5m - 336.8m). The Porphyry Zone is comprised of three
mineralized zones encompassed within a porphyritic syenitic
intrusion and distributed along a 2-km long strike, the Adam, 92-7
and Central zones. In 2007, a 43-101 compliant mineral resource
evaluation by Geostat Intl. yielded on Adam and 92-7 a Measured and
Indicated Resource of 0.27 Mt at 1.04 g/t gold and an Inferred
Resource of 25 Mt at 1.14 g/t gold. The Central Zone yielded a
Measured and Indicated Resource of 0.33 Mt at 1.18 g/t gold and an
Inferred Resource of 6.74 Mt at 0.97 g/t gold (at a cut-off of 0.7
g/t gold). The current program includes a first phase of 16 holes
designed to test the near-surface gold mineralization and to
evaluate the continuity of the Porphyry Zone along the 2-km long
strike. This drilling phase at the Porphyry Zone is slated to be
completed by the end of spring 2011.
Douay Ouest
Three holes for 2,016 metres were recently drilled to test the
extensions at depth of the 603 Zone of the Douay Ouest gold
deposit. The three holes all successfully intersected and confirmed
the extensions of the 603 Zone at a depth ranging between 480 to
590 metres vertical. Drill step outs within the mineralized plane
were testing targets located at least 150 metres away from
historical drilling pierce points where no significant gold
mineralization was encountered. These new results listed below
represent very encouraging gold intercepts associated with the 603
Zone and warrant additional drilling.
-- Hole D-134: 0.38 g/t gold over 3.75 m (503.00 m - 506.75 m) at a depth
of 481 m;
-- Hole D-135: 1.81 g/t gold over 4.65 m (621.15 m - 625.80 m) at a depth
of 587 m;
-- Hole D-137: 0.69 g/t gold over 2.00 m (564.00 m - 566.00 m) at a depth
of 542 m.
The Douay Ouest deposit hosts a Measured and Indicated Resource
of 313,000 tonnes at 7.75 g/t gold, and an additional Inferred
Resource of 267,000 tonnes at 8.53 g/t gold (at a cut-off of 4.0
g/t gold) (NI 43-101 report by SGS, 2010). The deep drilling
program at Douay Ouest will resume once the 16-hole drilling phase
will be completed on the Porphyry Zone. At least six others deep
holes are planned to test the 603 Zone at Douay Ouest.
Geophysics
A 2,000-km very high resolution helicopter-borne magnetic survey
was completed last week over the entirety of the Douay property by
the firm Novatem Airborne Geophysics, of Mont-St-Hilaire, Quebec.
The survey was flown at 100-m spacing with locally 50-m spacing
between survey lines with control lines at 1000m intervals. The
average survey altitude was 5 to 10m using a proprietary
compensator system and a captor by GEM Systems. The purpose of this
very high resolution survey is to systematically map the geology
and structures that underlay the claims of the Property and to
better pinpoint the contact between volcanics and sediments that
will be followed up this winter by a-high power induced
polarization (IP) survey.
This press release was prepared by Mr. Marc L'Heureux who is the
Company's Qualified Person under National Instrument 43-101.
Profile
Vior is a growing mining company focused on developing its
properties. The company owns a 75% participating interest in the
Douay Ouest gold project and other mineral properties.
The TSX Venture Exchange (TSX Venture) does not accept
responsibility for the adequacy or accuracy of this Press
Release.
Contacts: Vior Inc. Claude St-Jacques President 418-692-2678
cstjacques@vior.ca Vior Inc. Marc L'Heureux Vice-president
Exploration 418-692-2678 mlheureux@vior.ca www.vior.ca
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