Drills are turning on high-grade gold targets in Quebec
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| | | Chasing High-Grade Gold In Quebec
| | The Abitibi Greenstone Belt that transects Ontario and Quebec has produced more than 200 million ounces of gold.
Yet, there’s still more gold to unlock there and in the proximal greenstone belts, as evidenced by
Vior Inc. (TSXV-VIO, OTCQB-VIORF, FRA:VL51) at their flagship Belleterre Gold Project — home to a historic past-producing high-grade mine, and where prime drill targets indicate the potential for much more gold on this district-scale project.
Between expansion potential at depth and along strike around the former gold mine, and other prime advanced drill targets in the brownfield areas at the Belleterre Gold Project, Vior is on the hunt for a multi-million-ounce gold deposit … and now drills are turning on their +60,000 meter drill program.
| | | The Abitibi Greenstone Belt in Quebec is one of the global sweet spots for gold discovery.
| Even after almost 125 years and 200 million ounces of gold production, the macro-structure that runs through Ontario and Quebec continues to generate world-class gold discoveries.
| Which brings us to Vior Inc. (TSXV-VIO.V, OTCQB-VIORF, FRA:VL51), a company to watch, that is drilling right now and looking to make the next big gold discovery in Quebec.
| As you’re about to see, Vior’s Belleterre Gold Project is located within the under-explored area of the Abitibi-Temiscamingue region, and hosts a past-producing underground mine that generated over 750,000 ounces of gold at a rich grade of 10.7 g/t gold.
Despite this past production, the gold system around the old Belleterre mine remains untested at depth and along strike. In addition, other drill-ready targets provide prime discovery potential.
With a hybrid prospect generator model that backs up the Belleterre Gold Project’s potential, Vior also has a broad portfolio of gold and critical minerals projects in Quebec.
This Quebec-based junior has both great value and opportunity to make a major gold discovery in one of the world’s richest hunting grounds for big gold.
| Past Production, Abitibi Address Makes
Belleterre Ripe For Discovery
| As you can see from the map below, at 670 square kilometers, Belleterre is truly a district-scale project. The brown oval on the map represents the brownfield portion of the project and includes the historic Belleterre gold mine.
| | Click image to enlarge.
Vior Inc.’s Belleterre Gold Project is district-scale, target-rich, and covers 90% of the Belleterre Greenstone Belt in Quebec.
| The Belleterre Gold Project is situated 95 kilometers from Rouyn-Noranda and Val d’Or, Quebec. That puts it near key mining infrastructure and an experienced workforce.
The project offers multi-deposit potential and cost-efficient exploration — drilling costs for the current drill program are under $190/meter. Moreover, the company can drill year-round with no impediments other than hunting season.
| Massive, +60,000-Meter Drill Program Underway
| If effort means anything, Vior is well on the way to a potential discovery.
The company has embarked on a massive, +60,000-meter drill program, with 6,000 meters already completed, targeting areas in the Belleterre Mine Trend.
| Much of the upside is on the downside: Most of the previous mining only extended to the 250-meter level, and there is strong indication that the rich mineralization extends much deeper.
| Two drills are turning right now, with a third one coming soon. Because Vior management believes there’s a high potential for good results, they are poised and set to quickly follow up on these results as they come in.
And they are set up for extensive drill target generation and exploration for years to come, as the company controls 90% of the entire under-explored Belleterre Greenstone Belt.
| Well-Financed With The Backing Of A Major
| Budgeted at C$11.5 million, the drill program is being funded by a transformational financing that raised C$21.8 million back in April 2024.
The financing included a lead order from Osisko Mining Inc. (“Osisko”), which has since been bought by a subsidiary of Gold Fields Ltd. (“Gold Fields”) for C$2.16 billion. This was part of a strategic investment in Vior by Osisko that saw it take a 22.3% interest in the company.
Gold Fields’ acquisition of Osisko has allowed it to take full control of the Windfall project to the north, having previously held 50% in a JV partnership with Osisko. Gold Fields’ new subsidiary, Windfall Mining Group Inc. (“Windfall Mining Group”), is busy advancing the Windfall project and integrating its Quebec team.
| Windfall Mining Group has expressed strong interest in the Belleterre Gold Project and is keen to learn more about the assets that came with Osisko’s strategic interest in Vior.
| Add it all up, and we see that Vior is well cashed-up to not only carry out its ambitious drill program at the Belleterre Gold Project, but much more. And given the high-grade nature of past gold mining and drilling there, the chance for market-moving drill results is high.
| First Assays In Days
| With a portion of the program already complete, Vior is set to deliver assay results to the market in the coming weeks.
With gold just shy of all-time highs, these assay results could hit the market just at the time when investors are paying attention.
Vior also boasts a large portfolio of critical minerals and gold projects in Quebec, that it has either optioned to partners or is actively looking to option. These projects provide additional blue sky upside to go with the aggressive drill program that Vior is conducting at the Belleterre Gold Project.
The best place to look for gold is in the shadow of a gold-mine headframe, and that’s precisely what Vior is doing right now.
| Consider, if gold mineralization at the former gold mine repeats at depth or across the mineral belt ... Vior could soon be in the process of outlining a multi-million-ounce gold deposit.
| Time and the drill bit will tell, but one thing is obvious now: A massive drill program on a proven project proximal to one of the world’s legendary gold belts — with results expected in days — makes it crucial to begin your due diligence on Vior now.
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To Learn More about Vior Inc.
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