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Vior Gold Corporation Intersects High-Grade Mineralization at Ligneris

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Vior Gold Corporation Intersects High-Grade Mineralization at Ligneris

 

 

 

 

 

New results include 35.2 g/t Au over 3.0 meters and 21.6 g/t Au over 3.0 meters

 

VIOR GOLD CORPORATION INC. (TSX-V: VIO) (OTCQB: VIORF) (FRA: VL5) is pleased to report initial results from its 20,000-metre drill program on its 100%-owned Ligneris Project located 55 kilometers northwest of the town of Amos, Abitibi region, Quebec.

 

Initial drilling has intersected high-grade gold mineralization on Ligneris South Zone confirming the presence and continuity of the historical intercept of 16.84 g/t Au over 8.0 meters in drillhole 275-073 (from SIGEOM: GM45463). Drillhole LI-26-002, drilled 50 meters northeast of the historical drillhole 275-073, intersected 35.2 g/t Au over 3.0 meters and 21.6 g/t Au over 3.0 meters at respective depths of 170.7 meters and 201.5 meters along the hole. Those two intercepts are hosted in felsic tuff moderately to strongly altered in sericite with local patchy to pervasive silicification proximal to gold mineralization and contains disseminated pyrite from trace to 5%. The style of mineralization and the alteration assemblage intersected at 170.7 meters is similar to that in historical hole 275-073 and seems to correlate with the historical intercepts of 16.84 g/t Au over 8.0 meters. The second intervals of 21.6 g/t Au over 3.0 meters could potentially represent a new zone and cannot be correlated at this moment with drillhole 275-073.

 

Drillhole LI-26-005 returned 5.64 g/t Au over 4.0 meters including 8.56 g/t Au over 1.0 meters at 724 meters (vertical depth of 625 meters). The mineralization is hosted in a brecciated rhyolite moderately altered in sericite with trace to locally 3% pyrite. This intercept potentially defines a new mineralized zone and represents the deepest intercept to date at Ligneri s indicating additional potential at greater depth.

 

Step-out drilling 200 meters southwest of hole LI-26-002 returned a value of 2.05 g/t Au over 8.0 meters included within a larger interval of 1.10 g/t Au over 24.2 meters in hole LI-26-006. Mineralization occurs as finely disseminated pyrite, ranging from trace to 2%, hosted in a massive rhyolite moderately to strongly altered in sericite and silica. This result extends the mineralization to the southwest in an area that was poorly explored historically.

 

Mathieu Savard, President and Chief Executive Officer of Vior Gold Corporation, commented “These initial results confirm the high-grade nature of the gold mineralization at South Zone and validate the historical intercepts drilled almost 40 years ago on the Ligneris Project. We are thrilled with today’s results that extend the mineralized trend at South Zone by more than 200 meters laterally and b y 260 meters vertically. We’re almost halfway through the winter program with approximately 9,400 meters drilled so far and we are expecting additional results in the upcoming weeks. We believe that the large halos of low-grade gold intersected in drilling so far could be indicative of the presence of larger gold system. We have three rigs turning as we are following up on the deepest intersection to date at Ligneris and pursuing the program that aim to extend the known mineralization both laterally and at vertically.”

 

Since the beginning of the drilling program the Corporation has completed an approximate of 9,400 meters of drilling including 7,865 meters on the South Zone. A total of 1,059 assays were received and 4,635 are currently pending at the laboratory. Vior Gold Corporation is currently drilling with three (3) drill rigs and is expecting to complete this phase later during the second quarter of 2026.

 

Table 1 – Drill Core Assay Results

 
Drill hole Number   Interval
From (m)
Interval
To (m)
Interval
Width (m)
Au (g/t)
uncut
Zone
LI-26-001   255.3 272.5 17.2 0.44 South Zone
LI-26-002   170.7 173.7 3.0 35.2 South Zone
including   171.7 172.7 1.0 68.1
LI-26-002   201.5 204.5 3.0 21.6 South Zone
including   203 204.5 1.5 40.9
LI-26-003   298.0 325.0 27.0 0.40 South Zone
including   305.0 308.5 3.5 1.21
LI-26-005   459.0 467.5 8.5 1.63 South Zone
including   459.6 463.0 3.4 3.11
LI-26-005   724.0 728.0 4.0 5.64 South Zone
including   725.0 726.0 1.0 8.56
LI-26-006   97.7 98.2 0.5 9.51 South Zone
LI-26-006   184.9 209.1 24.2 1.10 South Zone
including   187.0 195.0 8.0 2.05
LI-26-008   669.0 672.3 3.3 2.81 South Zone
including   670.0 671.0 1.0 7.76

 

 

Table 2 – Drill Hole Collar Locations

 
Drill hole Number Azimuth (°) Dip (°) Drill Hole
Length (m)
UTM
Easting
UTM
Northing
LI-26-001 327 -49 523 684821 5429470
LI-26-002 330 -45 471 684773 5429577
LI-26-003 332 -54 559 684821 5429470
LI-26-005 330 -61 736 648821 5429470
LI-26-006 335 -50 352 684620 5429480
LI-26-008 320 -56 697 684950 5429448


Quality Control

 

True widths are estimated at 65-80% of the reported core length intervals. Assays are uncut except where indicated. All NQ core assays reported were obtained by either 1-kg screen fire assay or standard 50 gram fire-assaying-AA finish or gravimetric finish at ALS Laboratories in Val d’Or, Québec or Sud bury, Ontario. The 1-kg screen assay method is used when samples contain coarse gold intervals. Selected samples are also analyzed for multi-elements using a Four Acid Digestion-ICP-MS method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control (“QA/QC”), and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are alternately inserted every 10 samples to adhere to strict QA/QC guidelines and protocols by the Corporation and the lab. Historical results on the Ligneris Project described in this news release are from public sources and the Qualified Person responsible for the review and approval of the technical information disclosed in this news release (see details below) has not verified the information relating to these historical results. Consequently, such information is not necessarily indicative of mineralization on the Ligneris Project.

 

Qualified Person

 

The technical content disclosed in this news release was reviewed and approved by Pascal Simard, Vice-President Exploration at Vior Gold Corporation, Qualified Person as per NI 43-101.

 

About Vior Gold Corporation Inc.

 

Vior Gold Corporation is a junior mineral exploration corporation based in the province of Quebec, Canada, whose corporate strategy is to generate, explore, and develop high-quality precious metals projects in the proven and favorable mining jurisdiction of Quebec. Through the years, the Corporation’s management and technical teams have demonstrated their ability to discover several multi million ounces gold deposits in Quebec.

 

Posted March 17, 2026

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