Vior Gold starts drilling at Ligneris project

Executive Summary

• Vior Gold Corp. has commenced a 20,000-metre drilling program at its 100% owned Ligneris project in Quebec, targeting the lateral and vertical extension of historical high-grade gold zones.
• The program utilizes three rigs to explore the North, Central, and South zones, with initial results expected by the end of January.
• The company is fully financed with over $40 million in cash and equity, allocating a $15 million exploration budget for 2026 focused on Ligneris and the Belleterre project.

Key Details

• Project Location: Ligneris project, located approximately 55 kilometres northwest of Amos, Quebec, within the Abitibi greenstone belt.
• Drilling Program Scope: 20,000 metres total, targeting the North, Central, and South mineralized zones.
• Historical Context & Targets:
  • South Zone: Targeting lateral/vertical extension of historical hole 275-073, which returned 16.84 g/t Au over 8.0 metres (including 39.15 g/t Au over 3.0 metres).
  • North Zone: Targeting extensions of historical holes L-84-4 (4.92 g/t Au over 5.4 metres) and LS-05 (5.15 g/t Au over 5.9 metres).
• Rig Schedule:
  • One rig currently drilling the South zone.
  • Second rig expected to start next week.
  • Third rig scheduled to start in early February in the North zone.
• Geological Interpretation: Mineralization is hosted in a felsic volcanic belt affected by NE-SW shear zones. It is interpreted as a hybrid system of gold-bearing VMS (volcanogenic massive sulphide) overprinted by orogenic gold, characterized by polymetallic sulphides and strong sericite, chlorite, and chloritoid alterations.
• Financial Position: Fully financed with more than $40 million in cash and equity.
• 2026 Budget: $15 million exploration budget, primarily focused on advancing the Ligneris project.
• Other Projects: Expectation to complete the Belleterre drilling program during the first quarter of 2026.
• Qualified Person: Pascal Simard, Vice-President, Exploration, reviewed and approved the technical content per NI 43-101.

Notable Quotes

• "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." — Mathieu Savard, President and CEO