Vior Inc.
TSX VENTURE : VIO

Vior Inc.

June 08, 2005 11:04 ET

Vior Encounters Significant Gold Intersections on Douay

MONTREAL, QUEBEC--(CCNMatthews - June 8, 2005) - Vior (TSX VENTURE:VIO) is pleased to release the results of its most recent exploration and development work on the Douay and Douay West properties, located 60 km south of Matagami in northwestern Quebec. The results consist of two (2) drill holes on the Douay property and twelve (12) development holes on the Douay West gold deposit, totalling 3,384 metres. Diamond drilling identified new gold resources near the surface on Douay West and in a new area named the Adam Porphyry Zone. All the completed holes crosscut significant gold intersections. The best drill intersections returned values of 13 g/t Au over 9.6 metres, 10 g/t Au over 10.5 metres and 3 g/t Au over 47.1 metres (see Table 1, related figures and Note A).

Development of Douay West

Following a new interpretation of technical data (M. Gagnon, Autumn 2004), new drill targets were identified between the surface and 350 metres of depth on the Douay West deposit. This interpretation primarily leads to the conclusion that additional and significant gold resources can be found below 14 to 25 metres of overburden and are potentially accessible by open pit. The results of holes D-105: 2.0 g/t Au over 21.4 metres, D-107: 3.0 g/t Au over 45 metres including 10 g/t Au over 10.5 metres, D-111: 3.5 g/t Au over 15 metres and D-112: 3.0 g/t Au over 47.1 metres confirm the increase in resources expected near the surface in the upper portion of the main lens of the Douay West deposit. Drill hole D-102 which aimed to delimit the "637" high-grade zone, 230 metres below the surface, returned the best intersection of the program with impressive results: 13 g/t Au over 9.6 metres. The auriferous mineralization on Douay West is associated with mafic to ultramafic volcanic rocks, sediments, or gabbros, crosscut by alcaline intrusions. Mineralized zones of disseminated sulphides are often strongly altered in albite, silica and carbonates.

The Douay West site is accessible by a 5-kilometre gravel road, leading from Highway 109 that links the towns of Amos and Matagami. The site is equipped with offices, a dryer, a machine shop, a compression chamber, a hoist, a head-frame, an electrical station and sanitary infrastructures.

Last February, Vior contracted Geostat Systems International Inc. ("Geostat") to carry out a pre-feasibility study on Douay West. This study will include the latest drill results as well as geotechnical and metallurgical tests. The results of this technical report under National Instrument 43-101, Standards of Disclosure for Mineral Projects ("NI 43-101") should be released in the third quarter of 2005. More drilling is also scheduled for 2005.

Adam Porphyry Zone

In 1990, mineralization was drill-intersected in this area located 1.5 km east of Douay West. These holes returned values of 1 g/t Au over a varying thickness of 20 to 65 metres. Two drill holes spread out over 100 metres were set up in 2005 to test the eastern extensions of the mineralized porphyritic dykes and attempted to define higher grade zones. Holes DO-05-1 and DO-05-2 returned respective values of 3 g/t Au over 5 metres and 3 g/t Au over 7.5 metres in larger auriferous envelopes of 1 g/t Au (see Table 1 and related figures). More drilling is necessary to better define the geometry of this zone, which is now followed over 400 metres near the surface and remains open at depth.

Quality Control

Drilling on the Douay and Douay West properties is supervised by the Vice-President of Exploration and Acquisitions, Marco Gagnon, geologist. Mr. Gagnon is the Qualified Person as defined by NI 43-101 and has been active in mining exploration since 1988.

Vior has instigated a control and analytical quality assurance protocol for its gold exploration programs. This procedure includes the systematic addition of blank samples and certified standards to approximately each ten batch samples sent for gold analysis at commercial laboratories. Blank samples are used to check for possible contamination in laboratories while certified standards determine the analytical accuracy and precision. Analyzed samples coming from half cut NQ cores and with lengths varying from 1 to 1.5 metres are sent for analysis to Laboratoire Expert Inc. in Rouyn-Noranda. Samples are assayed by fire-assay followed by atomic absorption or gravimetry according to industry standards. Each pulp with significant mineralized intersections is sent to a second laboratory in order to verify the results. Furthermore, 10% of samples with significant mineralized intersections are quarter split by an independent consultant (Geostat) and sent to a second laboratory in order to cross check the analytical reproducibility.

Appointment

Vior is pleased to announce the appointment of Mr. Carl DeLuca to the Company's Board of Directors. Mr. DeLuca is replacing Mr. Ernest Szabo who resigned from the Board in January 2005. Mr. DeLuca is currently the Associate General Counsel and Assistant Secretary at Inco Limited.

Profile

Vior is a Quebec-based exploration company whose strategy is to explore and develop gold and base metal properties in proven and accessible mining areas. The Company wholly owns the Douay-West gold project, which is at a pre-feasibility stage, and other gold and base metal exploration interests in the Abitibi region of Quebec. Inco Limited owns a 17% interest in Vior.

Note A: All intervals are indicated in accordance with the intercepted length of the entire hole; however the holes crosscut the mineralized zones at an angle greater than 70 degrees.

A Table of the drilling results is available at the following address:

http://www2.ccnmatthews.com/database/fax/2000/va10608.pdf

Maps are available at the following addresses:

http://www2.ccnmatthews.com/database/fax/2000/va20608.pdf

http://www2.ccnmatthews.com/database/fax/2000/va30608.pdf

Contact Information

  • Vior Inc.
    Patrick Bradley
    President
    (514) 235-1409
    pbradley@vior.ca
    or
    Vior Inc.
    Marco Gagnon
    Vice President, Exploration, Acquisitions
    (450) 561-3216
    mgagnon@vior.ca