vior corp presentation april 2014

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
•

BUILT ON REAL ASSETS
•
•
•
•
•

•

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
•
•
•

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
•

Claude St-Jacques, President and CEO
Graduated in Management, Founder of Vior, Director of Virginia Gold Mines

•

Marc L’Heureux, Vice President Exploration and Director
Professionnal Geologist, +25 years experience in North and Latin America

•

Gaétan Mercier, CFO
Graduated in Business Administration, in Accounting, +25 years experience in
mining exploration

•

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

•

Marc L’Heureux, P.Geo, M.A.Sc. – Project Generation & Supervision

•

Denis Chénard, P.Eng. – Exploration & Resource Calculation

•

Geonordic Technical Services Inc. – Technical Services & Management

•

Rémi Charbonneau, Ph.D. – Exploration Work & Data Processing


THE COMPANY

CORPORATE INFORMATION
•

LISTED :

•

SHARES OUTSTANDING :

105,518,721
(FD: 108,581,121)

•

SHARE PRICE :

~ $0.035
$0.02 - $0.12 (52-week))

•

TREASURY POSITION :

•

MAJOR SHAREHOLDER :

TSX VENTURE: VIO
Frankfurt: VL5

$2.1 million hard cash
~$1.5 (Aurvista equity)
No debt
Vale-Inco (8.1 %)
Sodemex (6.9 %)
Aurvista (5.1 %)


THE COMPANY

HISTORY
•

1984: INCORPORATION OF THE COMPANY

•

1986: VIOR AND INCO JOIN FORCES TO EXPLORE THE DOUAY AREA

•

1990: DOUAY-WEST DISCOVERY

•

1992: VIOR ACQUIRES 100% OF DOUAY PROPERTY AND THE 531
ZONE IS DISCOVERED

•

1996: OPTION GRANTED TO AURIZON MINES WHICH CAN ACQUIRE 50% OF
THE DOUAY-WEST PROJECT BY BRINGING IT INTO PRODUCTION

•

2000: AURIZON DROPS ITS OPTION AFTER HAVING SPENT $5 MILLION IN
INFRASTRUCTURES ON DOUAY-WEST

•

2010: OPTION GRANTED TO AURVISTA TO EARN 50% OF THE DOUAY PROJECT

•

2011: NEW 43-101 MINERAL INVENTORY YIELDS 1.9 M OZ. OF GOLD AT DOUAY

•

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

92-7PORPHYRY
PORPHYRY ZONE

92-7
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

•

BUILT on REAL ASSETS
-

•

•

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

-

Experienced management and technical team

CLEAR & CONSISTENT STRATEGY
-

Explore and develop quality projects in the best proven and
accessible mining areas

-

Model-driven exploration approach focussing on gold and base
metals

FAVORABLE OUTLOOK

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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