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Vior Commences Drill Program at Mosseau Property
QUÉBEC CITY, QUÉBEC--(Marketwired - Nov. 7, 2017) - SOCIÉTÉ D'EXPLORATION MINIÈRE VIOR INC. (TSX VENTURE:VIO) (FRANKFURT:VL51) (the "Company" or "Vior") is plea
About this update from Vior Gold Corporation Inc.
[{"type":"text","content":"QUÉBEC CITY, QUÉBEC--(Marketwired - Nov. 7, 2017) - SOCIÉTÉ D'EXPLORATION MINIÈRE VIOR INC. (TSX VENTURE:VIO) (FRANKFURT:VL51) (the \"Company\" or \"Vior\") is pleased to report the start of its first drilling program on its Mosseau property, located some 22 kilometres east of Lebel-sur-Quévillon, in the Abitibi region of Québec. The program, totalling approximately 3,000 metres of drilling in 13 holes, is designed to test the depth extensions of the Morono M zone gold deposit, as well as induced polarization (IP) geophysical targets associated with shear zones and surface gold occurrences. This drilling program is a follow-up on prospecting work and IP surveys carried out in the summer of 2017, which led to the discovery of several new gold occurrences. These showings are associated with a series of parallel northwest-southeast-trending shear zones, including quartz-sericite-pyrite zones at the Morono deposit (M, M South, P, R and S), which yielded on selected samples surface gold values up to 8.53 g/t, and the Kiask deformation zone further south, where grades reached 12.1 g/t. Gold-bearing shear zones were traced over a strike length of more than 10 km on the property and were mapped in both the Wilson Pluton and in volcano-sedimentary sequences of the Quévillon Group. Four drill holes will test the Morono M zone deposit at vertical depths ranging from 300 to 400 metres. A historic drill hole from 1988 (M4-88) intersected the M zone at approximately 270 metres vertical depth, with a drill intercept grading 4.42 g/t gold over 5.84 metres (true thickness, drill hole M4-88; MERN assessment work report GM47624). The Morono M zone deposit hosts historical gold resources (see press release dated March 22, 2017) and remains open at depth and along strike. The remaining drill holes will test: 1) the southeastern extension of the Morono deposit, and 2) geophysical IP targets associated with shear zones and surface gold occurrences. Vior currently has 100% interest in 53 of the 68 claims that make up the Mosseau project, which covers a total surface area of 33 square kilometres. The Company may acquire 100% interest in the remaining 15 claims by making a residual cash payment of $60,000 and issuing an equivalent of $65,000 in Vior shares to the vendors by June 20, 2018. \"The Mosseau gold project is located in a historically underexplo...