V I O R inc.
Corporate Presentation,
April 2014
Claude St-Jacques, President and CEO
Marc L’Heureux, VP Exploration and Director
“ Generate and explore high-quality gold projects in the best
proven and accessible mining areas using our financial
expertise and our advanced exploration techniques ”
DISCLAIMER
Statements in this document, to the extent not based on historical
events, constitute forward-looking statements. Forward-looking
statements include, without limitation, statements evaluating
market and general economic conditions in the preceding
sections, and statements regarding future-oriented costs and
expenditures. Investors are cautioned not to place undue reliance
on these forward-looking statements, which reflect management’s
analysis only as of the date thereof. These forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially. Such risks and
uncertainties with respect to the company include the effects of
general economic conditions, changing foreign exchange rates
and actions by government authorities, uncertainties associated
with legal proceedings and negotiations, industry supply levels,
competitive pricing pressures and misjudgments in the course of
preparing forward-looking statements.
Company Profile
• Quebec-based junior mineral exploration company
founded in 1984
• Portfolio of projects in the Abitibi Greenstone Belt
• Strong focus on gold
• Holds ~21M shares of Aurvista Gold Corp.
(TSX-V: AVA; Frankfurt: VL5)
• Strong management with experience in North and
Latin America
THE COMPANY
WHY VIOR
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BUILT ON REAL ASSETS
•
•
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Vior holds ~21M shares of Aurvista Gold Corp, owner of the Douay gold
project with a gold resources of over 3 M oz
Good exploration potential on the Vezza-Noyard property located in the
extension of the North American Palladium Vezza gold deposit
Experienced management and technical team with proven track record
Quality exploration projects in a proven mining area
Well cash-up with $2.1M in the treasury
FAVORABLE OUTLOOK
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Vior is currently generating and evaluating high-potential gold projects in
North and Latin America
Aurvista (held at 30% by Vior) is on track to complete a new resource
calculation at Douay after having drilled 35,000 meters since Nov. 2010.
Vior is an undervalued junior company considering its assets
THE COMPANY
MANAGEMENT TEAM and BOARD of DIRECTORS
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Claude St-Jacques, President and CEO
Graduated in Management, Founder of Vior, Director of Virginia Gold Mines
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Marc L’Heureux, Vice President Exploration and Director
Professionnal Geologist, +25 years experience in North and Latin America
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Gaétan Mercier, CFO
Graduated in Business Administration, in Accounting, +25 years experience in
mining exploration
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Jean-François Ouellette, Director
Professionnal Geologist, +25 years experience, Co-discoverer of the Eleonore Gold
Deposit in James Bay
•
Jean Pelletier, Director
Chartered Accountant, +19 years Partner for PricewaterhouseCoopers, now Consultant
•
Pierre St-Jacques, Director
Retired Chartered Accountant, +26 years Partner for Deloitte, now Consultant
TECHNICAL TEAM
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Marc L’Heureux, P.Geo, M.A.Sc. – Project Generation & Supervision
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Denis Chénard, P.Eng. – Exploration & Resource Calculation
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Geonordic Technical Services Inc. – Technical Services & Management
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Rémi Charbonneau, Ph.D. – Exploration Work & Data Processing
THE COMPANY
CORPORATE INFORMATION
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LISTED :
TSX VENTURE: VIO
Frankfurt: VL5
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SHARES OUTSTANDING :
105,518,721
(FD: 108,581,121)
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SHARE PRICE :
~ $0.035
$0.02 - $0.12 (52-week))
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TREASURY POSITION :
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MAJOR SHAREHOLDER :
$2.1 million hard cash
~$1.5 (Aurvista equity)
No debt
Vale-Inco (8.1 %)
Sodemex (6.9 %)
Aurvista (5.1 %)
THE COMPANY
HISTORY
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1984: INCORPORATION OF THE COMPANY
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1986: VIOR AND INCO JOIN FORCES TO EXPLORE THE DOUAY AREA
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1990: DOUAY-WEST DISCOVERY
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1992: VIOR ACQUIRES 100% OF DOUAY PROPERTY AND THE 531
ZONE IS DISCOVERED
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1996: OPTION GRANTED TO AURIZON MINES WHICH CAN ACQUIRE 50% OF
THE DOUAY-WEST PROJECT BY BRINGING IT INTO PRODUCTION
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2000: AURIZON DROPS ITS OPTION AFTER HAVING SPENT $5 MILLION IN
INFRASTRUCTURES ON DOUAY-WEST
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2010: OPTION GRANTED TO AURVISTA TO EARN 50% OF THE DOUAY PROJECT
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2011: NEW 43-101 MINERAL INVENTORY YIELDS 1.9 M OZ. OF GOLD AT DOUAY
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2011: AURVISTA PAYS VIOR $3 M IN CASH, ISSUES 21.25 M SHARES OF
AURVISTA, AND COMPLETES $3M OF EXPLORATION WORK TO ACQUIRE
100% OF THE DOUAY PROJECT
CORPORATE
STRATEGY
CORPORATE
STRATEGY
A CLEAR AND CONSISTENT STRATEGY
“Explore and develop high quality gold and base metal properties
in the best proven and accessible mining areas using our financial
expertise and our advanced exploration techniques”
=> Focus on gold and base metal project generation and acquisition
in best mining areas
=> Quality and extensive mineralized systems recognized
on all of Vior’s projects
=> Advanced exploration techniques well known by our team
2014 EXPLORATION
AND DEVELOPMENT
HIGHLIGHTS
2014
HIGHLIGHTS
THE PROJECTS
4 mining properties in the
Abitibi Greenstone Belt
- Vezza-Noyard
- Ligneris
- Beauchastel
- Domergue
- Douay (through 30%
ownership in Aurvista)
2014
HIGHLIGHTS
ABITIBI PROJECTS
The Abitibi region, rich in world
class deposits !
Three major gold structures and
many major VMS camp
DOMERGUE
DOUAY
LIGNERIS
VEZZA / NOYARD
BEAUCHASTEL
GOLD DEPOSIT > 1,000,000 ounces
MAJOR VMS DEPOSIT
2014 HIGHLIGHTS
GOLD DISTRIBUTION CASA BERARDI – DOUAY AREA
DOUAY
CASA BERARDI
(> 2,000,000 oz Au
production and reserves)
Resources (all deposits)
M&I: 238,433 oz Au
Inf: 2.75 M oz Au
VEZZA
Resources
M&I: 261,000 oz Au
Inf:
68,000 oz Au
- Major gold structures on magnetic map
- Yellow circles indicate drill holes with
1 g/t Au over 1 m
- Only 3 areas with important gold
accumulation
SLEEPING GIANT
Resources
M&I: 121,250 oz Au
Inf:
16,700 oz Au
2014 HIGHLIGHTS
VEZZA - NOYARD
Vezza Mine - Resources
M&I : 260,000 @ 6.5 g/t Au
Inf.: 62,000 @ 4.9 g/t Au
6.1 g/t Au / 1.3m
Vezza Mine owned by Aurbec Mines Inc.
(100% sub. of Maudore Minerals Inc.)
Follow-up drilling
and new targets identified
- Major gold structures (Casa-Berardi – Cameron)
- Vezza eastern extension at depth to be tested
2 km
2014
HIGHLIGHTS
LIGNERIS
- New targets identified
- Deep geophysic not done
Searching a gold-rich VMS deposit
2014
HIGHLIGHTS
BEAUCHASTEL
LODE GOLD and VMS
EXPLORATION PLAY
FOLLOW-UP DRILLING on gold
Zones and new VMS TARGETS
IDENTIFIED
2014
HIGHLIGHTS
DOMERGUE
A VMS EXPLORATION
OPPORTUNITY with SOQUEM
DRILLING TARGETS
ALREADY IDENTIFIED
2014
HIGHLIGHTS
DOUAY GOLD ZONES
SEVEN GOLD ZONES
TOTALLING:
3 million oz Au
DOUAY WEST
1.0 Mt @ 5.7 g/t Au
ADAM PORPHYRY ZONE
7.1 Mt @ 1.1 g/t Au
MAIN ZONE
300,000 t. @ 4.8 g/t Au
92-7
ZONE
92-7PORPHYRY
PORPHYRY ZONE
5.8 Mt @ 0.7 g/t Au
GEOLOGICAL
SETTING
SIMILAR to :
TIMMINS,
KIRKLAND LAKE
MALARTIC,
DUPARQUET…
CENTRAL
PORPHYRY ZONE
4.4 Mt @ 0.8 g/t Au
531 ZONE
730,000 t. @ 4.9 g/t Au
2014
HIGHLIGHTS
INFRASTRUCTURE at DOUAY-WEST
Road, power line,
head frame, hoist,
shaft and collar
CA$5 million
2014
HIGHLIGHTS
DOUAY WEST - 3D MODEL
Blue block : 3-4 g/t Au
Orange block : 4-6 g/t Au
Red block : 6 + g/t Au
Red line: gold envelope
- Gold lenses as modeled
by Geostat (SGS)
- Total Resources in 2011
M&I: 313,000 @ 7.75 g/t Au
Inf: 267,000 @ 8.53 g/t Au
Cut off: 4 g/t Au
151,000 ounces of gold
250 m
FUTURE
GROWTH
FUTURE GROWTH
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BUILT on REAL ASSETS
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30% ownership of Aurvista Gold Corp., where Vior has upside on
over 3 million ounces of gold
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Other quality exploration projects in the Abitibi Belt
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Experienced management and technical team
CLEAR & CONSISTENT STRATEGY
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Explore and develop quality projects in the best proven and
accessible mining areas
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Model-driven exploration approach focussing on gold and base
metals
FAVORABLE OUTLOOK
- The Vezza gold mine (322,000 oz Au) owned by Aurbec Mines Inc.
is likely to extend at depth onto Vior’s Vezza-Noyard property
FUTURE GROWTH
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PROPERTIES AND UPSIDE
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New acquisitions:
Project generation or evaluation focus on advanced
and high quality opportunities in North and Latin America
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Vezza-Noyard:
Discovery stage targets in the extension of the Vezza
gold mine
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Ligneris:
Finding more resources & discovery stage targets
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Douay:
Excellent upside from the Douay Project (~3M oz Au)
where Vior currently owns 30% of Aurvista share capital