Vior Gold's (VIO.V) results from its 20,000-meter ongoing drill program on its 100%-owned Ligneris project located 55 kilometers northwest of the town of Amos, Abitibi region, Quebec, shows that high grade mineralization has now delineated to 805 meters vertically, it said on Tuesday.
Hole LI-26-010-EXT intersected 7.94 grams per tonne (g/t) gold (Au) over 4.0 meters at 990.0 meters and hole LI-26-028 intersected 11.8 g/t over 1.3 meters extending south zone laterally. The results also confirmed high-grade vertical continuity while remaining open at depth and laterally, it said.
The company is currently drilling with two drill rigs and will continue with one drill rig at the end of June. Completion of its 30,000 meters program is expected during the third quarter of 2026.
It also announced the beginning of its summer prospecting and mapping programs which will take place from June to September with a team of about 10 people. The team will mainly focus on the recently acquired projects while also covering other generative projects, it said.
Several airborne magnetic and electromagnetic surveys have been completed or are progressing on its recently acquired projects, namely Kinebik, Peacock (Ligneris) and Launay, it added.
Shares of the company were last seen unchanged at $0.115 on the TSX Venture Exchange.