PRESS RELEASE
VIOR INC. - TSX VENTURE (VIO)
VIOR UPDATES DOUAY GOLD PROJECT AND LAC-ÉDOUARD NI-CU PROJECT
Québec, November 6, 2006 – Vior Inc. (“Vior”) wishes to provide an update on recent
corporate developments, including progress on its Douay gold project and its LacÉdouard nickel-copper project which was recently optioned to Inco Limited.
Douay Project
Resources Development
In June 2006, Vior completed six definition drill holes totalling 1148 metres on its Douay
West deposit (see PR July 17, 2006). This development work allowed Vior to better
define and characterize the mineralization located in the upper west portion of the main
lens, located some 100 metres from the surface infrastructure. This area of the main
lens, by virtue of its grade content, thickness and proximity, could be an excellent site to
extract a bulk sample. This zone should be accessible either by a ramp or an exploration
shaft. Also during the last several months, Vior proceeded with a new mineral inventory
of each of the mineral lenses of the Douay West deposit, integrating the latest drill
results and using a new geological interpretation. This new inventory which is based on
a 3D bloc model using technical parameters that reflect current economic guidelines, will
be validated externally and integrated into an underground mine scenario at Douay
West. This study is expected to be completed in the first quarter of 2007. The Douay
west infrastructure is easily accessible by road and includes offices a mechanical work
shop, a dry, a compressor room, a hoist a head frame and an electrical station.
A 3D bloc modelling was also effectuated on the 531 and Main Zones with parameters
similar to those adopted for the Douay West project. The results of this new calculation
will also be included in the technical report expected in the first quarter of 2007.
Exploration Program
Beginning in December 2006 and weather conditions permitting, Vior will carry out a
drilling program to further explore the 5-4 South and North Zones discovered in the
winter of 2006. Additional diamond drilling is also scheduled on the 531 and Main Zones.
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Lac-Édouard Project
This wholly-owned property which was recently optioned to Inco Limited was the focus of
a field exploration program managed by Vior, during October 2006. The highlights of this
exploration work include the discovery of mineralized mafic to ultramafic intrusions at a
fair distance from the known areas. Outcrops consisting of gabbros and pyroxenites with
disseminated sulphides (pyrrothite, pentlandite and chalcopyrite) were encountered 4
kilometres to the east-northeast and 3 kilometres west-southwest of the former LacÉdouard mine. Moreover, four semi-massive angular sulphide blocs were discovered
near a breccia horizon, containing mineralized pyroxenite fragments, 500 metres southsouthwest of the former mine. Other breccias were also observed 300 metres north of
the former producer.
Preliminary results of this field work indicate that the mineralized system is much wider
than the previous interpretation suggested. Geophysics work will be carried out as soon
as possible on the areas of interest.
Exploration Property Acquired in the La Tuque Region
Vior recently acquired through map designation the Kennedy and Bourgeoys
properties, situated distinctively 30 kilometres north and 20 kilometres east of the town
of La Tuque, in the center of the Province of Quebec in the High St-Maurice structural
zone. These two wholly-owned properties are also located southwest and northwest
respectively of the Lac-Édouard property. The properties consist of 2 blocs of claim
covering more than 70 km². A confirmation on the acquisition of these properties from
the Ministère des ressources naturelles et de la faune du Québec is pending.
These properties were acquired following geological modelling work of the High StMaurice tectonic zone, using a GIS and following a field investigation of several quality
targets during the summer and the fall of 2006. These properties cover magnetic
anomalies displaying significant nickel and copper enrichment in mafic to ultra-mafic
intrusions near major faults. Geological and exploration work is forecast on these
properties in the spring of 2007.
New Web Site
Vior recently completed its new web site which integrates the latest information on the
Company and its numerous exploration properties.
This press release was prepared by Marco Gagnon, P.Geo. a Qualified Person as
defined by National Instrument 43-101.
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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 in Canada. 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 Quebec. Inco Limited is the
largest shareholder of Vior with a 15% interest.
For further information:
Patrick Bradley
President
514-235-1409
pbradley@vior.ca
Marco Gagnon
Vice President, Exploration, Acquisitions
450-743-5527
mgagnon@vior.ca
Web Site : www.vior.ca
Sedar : Société d’exploration minière Vior Inc.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this press release
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