Vior Update on the 2023 Field Program at Skyfall

MONTREAL, QC / ACCESSWIRE / March 13, 2024 / VIOR INC. (TSXV:VIO),(OTCQB:VIORF) and (FRANKFURT:VL51) and SOQUEM INC. are pleased to announce the results of their 2023 field exploration program at their Skyfall Project ("Skyfall" or "the Project"). Vior's field work has confirmed the multi-mineral potential of the Skyfall property, including the significant discovery of a polymetallic gold-copper-cobalt (Au-Cu-Co) Forézien showing (2.9g/t Au, 0.09% Cu, and 0.18% Co) along an 800m electromagnetic (EM) axis, as well as nickel (Ni) potential for magmatic-type nickel-copper +/- platinum group elements (Ni-Cu+/-PGE) mineralization areas associated with newly mapped komatiitic volcanic units. This work was conducted with a combination of helicopter-borne VTEM Plus geophysical survey, fieldwork, and systematic outcrop sampling of EM conductors. A detailed presentation of the geological context is available on the Vior website HERE.

Mark Fedosiewich, President and CEO of Vior, commented, "We are pleased with these early results that confirm some large-scale multi-mineralized systems that reinforce the Project's discovery potential. Although the assessed samples represent only a small portion of the vast property due to the impact of 2023 forest fires, we look forward to resuming fieldwork in the 2024 season to determine the Project's potential over the remaining expanse of land."

The Skyfall Project is located approximately 150 km east of Lebel-sur-Quévillon, and 50 km east of the world-class Windfall gold project being developed by Osisko Mining Inc., in partnership with Gold Fields Ltd. This district-scale property covers an area of 545km², includes 985 claims, and straddles two geological provinces. The northern domain consists of the eastern end of the Urban-Barry greenstone belt, while the southern domain consists of the Grenville Province parautochtone sequence (Figure 1). Vior recently identified potential for nickel and polymetallic sulphide mineralization and has partnered with SOQUEM to prioritize further exploration. (See Vior Press Release dated March 7, 2023.)

About the exploration potential at Skyfall

• The northern domain of the Project (Figure 1) features numerous multi-kilometre ultramafic rock horizons intercalated within metasedimentary and basaltic sequences. The ultramafic rock, mostly recognized as komatiites, is spatially associated with strong VTEM Plus conductors defining prime targets for the discovery of magmatic-type Ni-Cu+/-PGE mineralization. Given the abbreviated 2023 field activity, numerous EM conductors have not yet been sampled.
• The southern domain of the Project (Figure 1) consists of units of the Grenvillian parautochtone and is host of the recently identified Forézien showing. The showing sample was taken in a massive sulphide unit about 1m in thickness and corresponds to a horizon formed by several EM conductors from the VTEM Plus, extending over a distance of more than 800m (Figure 2). This showing is surrounded by a highly prospective area of 35km² that consists of multi-kilometre bands of ultramafic rocks, amphibolites and metasedimentary units.
• This prospective area contains strong anomalies in Cu, Co values, and Ni background (Figure 2) in outcrops, indicating a large prospective polymetallic mineralized systems environment. In several locations, the combined sum of the three elements exceeds 0.3% Cu-Co-Ni. Other highly anomalous values were detected outside of this area, notably at Lac Augusta (10km further east, still in the parautochtone) with a maximum combined value of 0.46% Cu-Co-Ni.

Outlook 2024