Vior to Acquire Strategic Project Adjacent to the Former Belleterre Mine in Abitibi-Temiscamingue, Quebec theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
Vior, Inc.: Vior to Acquire Strategic Project Adjacent to the Former Belleterre Mine in Abitibi-Témiscamingue, Quebec
( Vior or the Corporation ), (TSXV:VIO)(FRANKFURT:VL51) - is pleased to announce that it has entered into an Option Agreement (the Option ) dated January 28, 2021, with Les Mines J.A.G. Ltd (or J.A.G. ), to acquire 100% of the rights and interests in their Belleterre Project, located 95 km south of Rouyn-Noranda, Quebec. This acquisition is an important step forward for Vior as we build our strategic portfolio of projects. Over the past year we have evaluated numerous acquisition opportunities against our established criteria of being in a mining friendly jurisdiction, having a high and proven gold mining potential, having infrastructure nearby and easy access allowing for manageable exploration and development costs and most importantly having the potential to generate a significant return to our shareholders. This project at Belleterre meets every one of t