Vior Discovers Over 16.5 Km Of Phosphate Horizons At Foothills Project, Québec

MONTREAL, QC / ACCESSWIRE / September 20, 2023 / Vior Inc. ("Vior" or the "Corporation"), (TSX-V:VIO)(OTCQB:VIORF)(FRANKFURT:VL51) is pleased to report some outstanding initial field exploration results from a 2023 Summer exploration program at its 100% owned district-scale Foothills Project (the "Project" or "Foothills"). Field exploration sampling has confirmed an extensive mineralized igneous anorthosite-related phosphate (P₂O₅) system on the Project. In addition to this new phosphate discovery, the Project is also known for its high-grade mineral content in rutile-bearing massive ilmenite oxide (Titanium (TiO₂)).

The Foothills Project is comprised of 532 claims and encompasses an area of 287 square kilometres ("km"). It is located north of the town of Saint-Urbain, Quebec ("QC"), and approximately 100km northeast of Quebec City, QC. The Project benefits from a quality road network and is in close proximity to a deep-water port located approximately 90 km at Saguenay, QC.

Mark Fedosiewich, Vior's President and CEO commented, "This previously unplanned exploration program at Foothills is a testament to the adaptability and experience of Vior's outstanding technical team as we pivoted to this project in response to summer wildfires in Quebec. Given the outstanding initial exploration results and Foothills' significant mineralized surface footprint, along with its favourable location, this Project could rapidly become an important component of Vior's overall value creation strategy. Anorthosite-type phosphate deposits represent only a small fraction of global phosphate reserves and production. These higher-purity deposits are more environmentally desirable for both the lithium iron phosphate ("LFP") battery and fertilizer markets. The Foothills Project is Vior's third project, along with our Skyfall Nickel and our Belleterre Critical Mineral Project that uniquely positions Vior shareholders for the exciting opportunities in the battery metals revolution."

HIGHLIGHTS

• Vior has identified two corridors of 9 and 7.5 kms respectively, along the Saint-Urbain anorthosite contact, and they remain open along strike (see Figures 1, 2 & photos). These corridors encompass a series of outcroppings with high P₂O₅ grades of more than 4% along the contact rim between the anorthositic complex of St-Urbain and the Grenville country rocks. This contact is recognized as being the primary mineralized exploration target.
• These oxide and apatite-rich layers have been identified over several meters in thickness and in numerous locations along strike.
• These mineralized horizons are associated with an anorthositic complex and are situated in a geological environment similar to other known economic phosphate deposit systems.
• 139 outcrop samples were collected, of which 67 have returned values of 4 to 6.3% P₂O₅; in addition, the Project hosts some historic higher-grade mineralization of over 10% P₂O₅ that has been recognized in boulders (Sigeom, QC).
• Additionally, occurrences of strongly anomalous Zirconium (Zr) and heavy Rare Earth Elements (REE) were sampled in nearby magnetic country rocks at two different locations (Figure 2). These occurrences deserve and will receive additional exploration work.

Click HERE to access the Foothills Project technical presentation.