Free for all as quebec nickel-copper rush is on Message Board

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Gold/Mining/Energy : Free for all as quebec nickel-copper rush is on

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To: stak who wrote (92)	12/8/1996 2:27:00 PM
From: stak	of 138

La Soci‚t‚ d'Exploration MiniŠre Vior Inc. Claude St-Jacques (418) 692-2678 ME SYMBOL: VIO dEC5,96 Vior : Report of Activities QUEBEC, QUEBEC--Societe d'Exploration Vior (Vior) wishes to release an update of current exploration activity on its properties. The Douay-West Property Vior and Aurizon Mines have recently signed an agreement concerning the property. According to the agreement, Aurizon can acquire a 50 percent interest in the property in return for expenditures of $5 million within the next 21 months, and by further providing all funding necessary to bring the property into production. Aurizon has started with a $6.5 million work program. A six km access road, of which 2 km have already been completed, is under construction. Furthermore, construction of a 16 km power line has been started and should be completed by Apr97.A 2000 metre diamond drilling program is slated to start in Dec.This program includes a pilot hole for shaft sinking purposes as well as drilling designed to extend known mineralization. Various equipment, such as the headframe, hoist and compressors have been acquired, and soon will be brought on site.The sinking of the shaft is due to start in Apr97.2 expl drifts will have reached mineralization by Sept97; they will allow the extraction of a bulk sample in order to confirm grades and continuity of the mineralization. Douay Property The property comprises 190 claims and adjoins the Douay West property. Aurizon Mines Ltd. has been granted an option to earn 50 percent of the property in return for an investment of $2.5 million. Aurizon is currently compiling data from previous drilling and is planning a drill program for 1997. Northern-Abitibi Property Vior and SOQUEM can earn an interest of up to a 60 percent in this property located near Douay-West. A $300,000 drilling program is due to start next Jan. Douay-East Property Vior hold 100% interest in this property covering 137 claims. A $250,000 drilling program is due to start next Jan Ligneris Property Barrick Gold Corporation is currently compiling data and has initiated a detailed lithogeochemical survey. This work will lay the basis for a significant drilling program due to start in the spring of 1997. Sept-Iles Property The consortium that includes Vior is currently winding-up the first phase prospecting program on its properties in the Lac Volant area, near Sept-Iles. Further work is planned before drilling can start.

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