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Vior Gold Corp Inc
Symbol VIO
Shares Issued 415,606,146
Close 2026-01-08 C$ 0.125
Market Cap C$ 51,950,768
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Vior Gold starts drilling at Ligneris project

2026-01-08 18:00 ET - News Release

Mr. Mathieu Savard reports

VIOR GOLD CORPORATION ANNOUNCES THE COMMENCEMENT OF DRILLING AT LIGNERIS

Drilling has commenced at Vior Gold Corp. Inc.'s 100 per cent-owned Ligneris project located approximately 55 kilometres northwest of the municipality of Amos in the central part of the Abitibi greenstone belt, Quebec.

Highlights:

Drilling will focus on the lateral and vertical extension of historical hole 275-073 that returned 16.84 grams per tonne Au (gold) over 8.0 metres including 39.15 g/t Au over 3.0 metres at South zone (from SIGEOM: GM45463) and historical drill holes L-84-4 and LS-05 that respectively returned 4.92 g/t Au over 5.4 metres and 5.15 g/t Au over 5.9 metres in the North zone (from SIGEOM: GM41991).

Twenty thousand metres drilling program designed to target the vertical and lateral extension of the three main mineralized zones: North zone, Central zone and South zone.

One rig is currently drilling the South zone, with a second rig expected to start next week and a third rig scheduled to start in early February in the North zone.

Mineralized zones included in the felsic volcanic belt of the Riviere Octave affected by NE-SW (northeast-southwest) shear zones of the Laflamme corridor. The abundance of polymetallic sulphides, along with strong sericite, chlorite and chloritoid alterations overlain by gold enrichment associated with intense carbonatation in fault corridors supports the interpretation that mineralization at Ligneris represents a hybrid system of gold-bearing VMS (volcanogenic massive sulphide) overprinted by orogenic gold.

The first set of results are expected by the end of January.

Mathieu Savard, president and chief executive officer of Vior Gold, commented: "We are thrilled about the start of our 20,000-plus-metre drilling program at Ligneris. Historical exploration results have demonstrated the potential for gold-bearing VMS mineralization that returned high-grade gold and large lower-grade intervals that remained poorly tested both vertically and laterally. We are confident that our systematical drilling approach can rapidly return results and demonstrate the continuity of the mineralized system and the potential for building gold ounces."

Outlook

Vior Gold is fully financed with more than $40-million in cash and equity. The corporation's exploration budget for 2026 is $15-million with the main focus on advancing the Ligneris project. The corporation expects to complete the Belleterre drilling program during the first quarter of 2026. The corporation is also actively seeking additional opportunities to complement its portfolio of projects and looks forward to providing regular updates and results.

Quality control

Drill program design, quality assurance/quality control (QA/QC) and interpretation of results is performed by qualified persons employing a QA/QC program consistent with National Instrument 43-101 and industry best practices. Standards and blanks are alternately inserted every 15 samples to adhere to strict QA/QC guidelines and protocols by the corporation and the lab. Historical results on the Ligneris project described in this news release are from public sources and the qualified person responsible for the review and approval of the technical information disclosed in this news release (see details below) has not verified the information relating to these historical results. Consequently, such information is not necessarily indicative of mineralization on the Ligneris project.

Qualified person

The technical content disclosed in this press release was reviewed and approved by Pascal Simard, vice-president, exploration, at Vior Gold, qualified person as per NI 43-101.

About Vior Gold Corp. Inc.

Vior Gold is a junior mineral exploration corporation based in the province of Quebec, Canada, whose corporate strategy is to generate, explore and develop high-quality mineral projects in the proven and favourable mining jurisdiction of Quebec. Through the years, the corporation's management and technical teams have demonstrated their ability to discover several world-class gold deposits in Quebec.

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