Vior Completes First Drilling Program on Buteux Property
April 22 2008 - 12:58PM
Marketwired
QUEBEC CITY, QUEBEC (TSX VENTURE: VIO)(FRANKFURT: VL5) has
released results of six drill-holes completed on its Buteux-Fecteau
property located south of Chibougamau-Chapais, Province of Quebec.
This wide-grid drilling program followed-up on several IP (Induced
Polarization) conductors and several gold showings, some of which
were known previously, others discovered during field work carried
on the property last fall.
A total of 1266 metres were completed during this drilling
campaign, the first four drill-holes to verify the extensions of
the Sigouin-Griffith-Desgagne showing. Drill-hole BU-08-01 tested
the structure 100 metres to the west and 135 metres at depth.
Drill-hole BU-08-02 was collared underneath the showing to a depth
of 140 metres. Drill-hole BU-08-03 tested the structure 100 metres
eastward to a depth of 190 metres while drill-hole BU-08-04
targeted the structure 200 metres eastward to a depth of 100
metres.
The four holes intersected the sheared tonalite-granodiorite
structure containing quartz veinlets and disseminated pyrite. The
structure varies in thickness from 1 to 4 metres. The best
intersection returned 14.5 g/t Au over 1 metre (BU-08-02) while
other intervals returned 1.4 g/t Au over 1 metre, (BU-08-01), 0,2
g/t Au over 4.0 metres (BU -08-03) and 0.6 g/t Au over 2.0 metres
(BU-08-04) (see Table 1)
Drill-hole BU-08-05 was collared directly under the Guylaine
showing discovered in the fall of 2007 (see PR dated October 25,
2007) and intersected the structure 75 metres below surface. The
sheared tonalite-granodiorite structure was identified over more
than 10 metres. Although no anomalous values were encountered, this
structure which yielded 36.7 g/t Au in one chosen surface sample
remains an exceptional exploration target.
The sixth drill-hole (BU-08-06) tested an IP conductor located
1.1 kilometre east-northeast of the Sigouin-Griffith showing. This
conductor was explained by a shear zone altered by hematite
injected with quartz veinlets, containing up to 10% disseminated
pyrite. The mineralized intersection returned 0.24 g/t Au over 10.7
metres.
The 154-claim wholly-owned Buteux-Fecteau property which covers
9100 hectares is located in the Urban-Barry greenstone segment,
east of the Abitibi greenstone belt and approximately 20 kilometres
east of a discovery announced by Noront Resources in December 2006
(1,792.9 g/t Au over 4.8 metres). This section of the Abitibi
geological sub-province remains relatively unexplored and several
showings as well as a number of conductors revealed by an IP survey
performed in the fall of 2007 have to be tested by further diamond
drilling. A second IP survey is currently being conducted on the
northeast section of the property.
This recent drilling program also tested the extensions of the
Fecteau Lake showing (FEC-98-01, 1.6% Zn over 4.5 metres), located
in the northern section of the property. Final assays are pending
for three drill-holes completed in this area.
The content of this press release was prepared by Denis Chenard,
P. Eng. And Qualified Person for the Company as defined by National
Instrument 43-101.
Profile
Vior is a growing mining company focused on acquiring and
developing high quality, low risk gold and base metal resource
prospects in accessible mining areas of Quebec. The Company wholly
owns the Douay gold project on which an NI 43-101 compliant
independent resource evaluation was recently completed (See press
release dated November 7, 2007). Vior is aggressively pursuing
opportunities to develop working interests in mineral properties
that offer significant upside exploration potential. Vale Inco
Limited is the largest shareholder of Vior with an 11%
interest.
Sedar: Societe d'exploration miniere Vior inc.
Table 1: Significant Drill Results
# Hole Line- Station- Azi- De- Length from to Length Gr. Area
West north mut gree of (m) (m) of g/t
(m) (m) hole inter. Au
(m) (m)
---------------------------------------------------------------------------
BU-08-01 479615/6427753 168 -50 189 167,2 168,2 1,0 1,4 Sigouin
Griffith
---------------------------------------------------------------------------
BU-08-02 479703/5427794 168 -50 200 173,0 174,0 1,0 14,5 Sigouin
Griffith
---------------------------------------------------------------------------
BU-08-03 479763/5427928 166 -50 252 248,0 252,0 4,0 0,2 Siguoin
Griffith
---------------------------------------------------------------------------
BU-08-04 479523/5427708 160 -50 220 120,0 121,0 2,0 0,6 Sigouin
Griffith
---------------------------------------------------------------------------
BU-08-05 479642/5427533 160 -56 204 69,0 80,0 11 Tr. Guylaine
---------------------------------------------------------------------------
BU-08-06 480707/5427999 87 -50 201 34,3 45,0 10,7 0,2 Lac
Franck
---------------------------------------------------------------------------
The TSX Venture Exchange (TSX Venture) does not accept
responsibility for the adequacy or accuracy of this Press
Release.
Contacts: Vior Inc. Patrick Bradley President 514-235-1409
pbradley@vior.ca Vior Inc. Denis Chenard, P. Eng. Director,
Exploration 819-856-9743 datac.geo@tlb.sympatico.ca www.vior.ca
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