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Societe
d'Exploration Miniere Vior Inc. (TSX VENTURE:VIO - News; FRANKFURT:VL5 - News) and Aurvista Gold Corp.
are pleased to announce positive drilling results from the exploration
program on the Douay property, region of Matagami, Quebec. The 12,000-metre
diamond drilling program announced in November 2010 has returned to date 80
metres of gold mineralization in the Porphyry Zone and confirmed the
extensions of the Douay Ouest mineralized zone at depth.
Porphyry
Zone
Results
from the first hole in western end of the Porphyry Zone (Adam 92-7 Zone)
confirmed the potential for a large tonnage low-grade gold deposit. Hole
DO-11-33 intersected 1.07 g/t gold over 79.3m (257.5m - 336.8m), including
1.56 g/t gold over 38.3m (298.5m - 336.8m). The Porphyry Zone is comprised of
three mineralized zones encompassed within a porphyritic syenitic intrusion
and distributed along a 2-km long strike, the Adam, 92-7 and Central zones.
In 2007, a 43-101 compliant mineral resource evaluation by Geostat Intl.
yielded on Adam and 92-7 a Measured and Indicated Resource of 0.27 Mt at 1.04
g/t gold and an Inferred Resource of 25 Mt at 1.14 g/t gold. The Central Zone
yielded a Measured and Indicated Resource of 0.33 Mt at 1.18 g/t gold and an
Inferred Resource of 6.74 Mt at 0.97 g/t gold (at a cut-off of 0.7 g/t gold).
The current program includes a first phase of 16 holes designed to test the
near-surface gold mineralization and to evaluate the continuity of the
Porphyry Zone along the 2-km long strike. This drilling phase at the Porphyry
Zone is slated to be completed by the end of spring 2011.
Douay
Ouest
Three
holes for 2,016 metres were recently drilled to test the extensions at depth
of the 603 Zone of the Douay Ouest gold deposit. The three holes all
successfully intersected and confirmed the extensions of the 603 Zone at a
depth ranging between 480 to 590 metres vertical. Drill step outs within the
mineralized plane were testing targets located at least 150 metres away from
historical drilling pierce points where no significant gold mineralization
was encountered. These new results listed below represent very encouraging
gold intercepts associated with the 603 Zone and warrant additional drilling.
-- Hole D-134: 0.38 g/t gold over
3.75 m (503.00 m - 506.75 m) at a depth
of 481 m;
-- Hole D-135: 1.81 g/t gold over
4.65 m (621.15 m - 625.80 m) at a depth
of 587 m;
-- Hole D-137: 0.69 g/t gold over
2.00 m (564.00 m - 566.00 m) at a depth
of 542 m.
The
Douay Ouest deposit hosts a Measured and Indicated Resource of 313,000 tonnes
at 7.75 g/t gold, and an additional Inferred Resource of 267,000 tonnes at
8.53 g/t gold (at a cut-off of 4.0 g/t gold) (NI 43-101 report by SGS, 2010).
The deep drilling program at Douay Ouest will resume once the 16-hole
drilling phase will be completed on the Porphyry Zone. At least six others
deep holes are planned to test the 603 Zone at Douay Ouest.
Geophysics
A
2,000-km very high resolution helicopter-borne magnetic survey was completed
last week over the entirety of the Douay property by the firm Novatem
Airborne Geophysics, of Mont-St-Hilaire, Quebec. The survey was flown at
100-m spacing with locally 50-m spacing between survey lines with control
lines at 1000m intervals. The average survey altitude was 5 to 10m using a
proprietary compensator system and a captor by GEM Systems. The purpose of
this very high resolution survey is to systematically map the geology and
structures that underlay the claims of the Property and to better pinpoint
the contact between volcanics and sediments that will be followed up this
winter by a-high power induced polarization (IP) survey.
This
press release was prepared by Mr. Marc L'Heureux who is the Company's
Qualified Person under National Instrument 43-101.
Profile
Vior
is a growing mining company focused on developing its properties. The company
owns a 75% participating interest in the Douay Ouest gold project and other
mineral properties.
The
TSX Venture Exchange (TSX Venture) does not accept responsibility for the
adequacy or accuracy of this Press Release.
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