Vior

What Vior does

Vior Gold Corporation Inc. is a junior mineral exploration company focused on the discovery of high-grade gold and critical-mineral deposits in Quebec, Canada. Headquartered in Brossard, Quebec (relocated from Montreal in 2025), the company operates a multi-project portfolio of district-scale mineral claims anchored by two flagship assets: the Belleterre Gold Project (5,000+ claims, ~291.3 km², encompassing the former Belleterre mine that historically produced more than 750,000 oz @ 10.73 g/t Au between 1936 and 1959) and the Ligneris Gold Project. Additional exposure spans the Skyfall nickel-copper-PGE project (925 claims, 515 km², in joint venture with SOQUEM), the Foothills titanium-phosphate project (optioned to NioBay Metals), the Mosseau gold project (optioned to Harvest Gold), the Lake Mirabelli lithium property (optioned to Stria Lithium), and the Tonya gold project in Pershing County, Nevada, held via wholly-owned subsidiary Vior Gold (USA) LLC. The company is publicly listed on the TSX Venture Exchange (VIO), OTCQB (VIORF), and Frankfurt Stock Exchange (VL5) and was renamed from Vior Inc. to Vior Gold Corporation Inc. following shareholder approval on December 10, 2025.

Vior's exploration activities employ NI 43-101 compliant techniques including helicopter-borne VTEM and magnetic surveys, induced polarization (IP) geophysics, large-scale diamond drilling campaigns (a fully-funded +60,000 metre program at Belleterre launched September 2024 and a 30,000 metre program at Ligneris expanded in 2026), 3D geological modeling, and ALS-certified assays. Execution is led by President & CEO Mathieu Savard, VP Exploration and Qualified Person Pascal Simard, and VP Corporate Development Laurent Eustache, supported by a 7-member Board of Directors that includes a director nominated by strategic shareholder Osisko Mining.

As a pre-revenue junior explorer, Vior generates no production revenue and funds operations entirely through equity capital and partner contributions. Capital is raised via broker-led private placements of units and flow-through shares (most recently a C$39M bought-deal closed in February 2025 with Stifel/Desjardins as co-lead agents) and supplemented by project-level joint venture and option agreements with strategic partners. As of December 31, 2025, Vior reported C$41.3M in working capital, which the company states is sufficient to fully fund its 2026 drill programs at Belleterre and Ligneris without further dilutive financing. The company's investor base consists of institutional, accredited, and retail mining-focused investors reached through PDAC, 121 Mining Investment, Brien Lundin's New Orleans Investment Conference, and The Mining Investment Event, alongside ongoing social media, newsletter, and press-release distribution.

Name

Vior

Legal name

Vior Gold Corporation Inc.

Website

https://vior.ca

Company type

Public

Founded year

1984

Operating status

Operating

Headcount range

1–10 employees

Short description

Vior Gold Corporation is a Quebec-based junior mineral exploration company focused on high-grade gold discovery across a multi-project portfolio anchored by the district-scale Belleterre Gold and Ligneris projects, with additional exposure to nickel, PGE, titanium, and phosphate assets.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industry

Silver Mining (IMAKAEAB)

Keywords

• Mineral exploration services
• Gold exploration projects
• Diamond drilling programs
• Junior mining company
• Precious metals exploration

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Pre-revenue exploration stage: Vior is a pre-revenue junior mineral exploration company with no current production revenue. Future revenue is expected to be generated from mineral production sales once flagship projects (Belleterre, Ligneris) advance to development. The company funds operations primarily through equity private placements and strategic partner investments.
2. Future option payments and joint venture contributions: Project-level option agreements, earn-in contributions from partners (e.g., NioBay Metals on Foothills, Harvest Gold on Mosseau, Stria Lithium on Lake Mirabelli), and potential royalty income are designed to defray exploration costs and provide future revenue streams contingent on project advancement.

Pricing tiers

Go-to-market motion4 records

Distribution channels3 records

Marketing channels8 records

Core offering

Vior Gold Corporation is a junior mineral exploration company that generates, explores, and develops high-quality precious metals (primarily gold) projects in the Quebec mining jurisdiction. The company advances a portfolio of district-scale exploration projects — flagship Belleterre Gold and Ligneris plus Skyfall, Foothills, Mosseau, Kinebik, Peacock, Launay and Tonya — through diamond drilling, geophysical surveys and geological modeling, funding the work via equity private placements and strategic joint-venture/option agreements with major mining partners.

Product overview

Vior Gold Corporation Inc. is a junior mineral exploration corporation with a multi-project portfolio rather than a single product. Its offering is a platform of Quebec-based mineral exploration projects focused on precious metals (primarily gold) with additional exposure to nickel-copper-PGE, titanium, and phosphate, supported by an in-house technical and management team. The flagship asset is the Belleterre Gold Project, complemented by the Ligneris Project, the Skyfall Project (nickel/gold), the Foothills Project (titanium/phosphate), the Mosseau Project, and the newly acquired Kinebik, Peacock, and Launay properties from Agnico Eagle in the Abitibi Greenstone Belt. Together these projects constitute the company's product portfolio, with project-level drill programs, JV/option arrangements (e.g., SOQUEM, Osisko, NioBay, Harvest Gold) and periodic financings driving development.

Differentiator

Problem solved

Functional benefit

Products and services

• Belleterre Gold Project Flagship district-scale high-grade gold project in the Belleterre Greenstone Belt, Abitibi-Témiscamingue region of Quebec, encompassing the former Belleterre gold mine (historical production of 750,000 oz @ 10.73 g/t Au between 1936-1959) and approximately 291.3 km² of claims; the focus of a fully-funded +60,000 metre diamond drill program launched in September 2024.
• Ligneris Project 100%-owned district-scale gold exploration project located 55 km northwest of Amos in the Abitibi region of Quebec, with Archean gold mineralization in the Abitibi Greenstone Belt; the South Zone has been delineated over 1,100 m laterally and 805 m vertically through a 30,000-metre drilling campaign (expanded from 20,000 m).
• Skyfall Project Large consolidated nickel-gold property of 925 claims extending over 515 km² in the eastern Urban-Barry greenstone belt of Quebec, 100 km south of Chapais, prospective for gold and nickel-copper-PGE mineralization; subject of a joint venture with SOQUEM Inc.
• Foothills Project Titanium (TiO2) and phosphate (P2O5) project located near St-Urbain, 100 km east of Quebec City, comprising 532 claims covering more than 285 km² across the St-Urbain and Lac Malbaie Anorthositic Complexes; optioned to NioBay Metals in February 2024.
• Mosseau Project Gold exploration project of 105 claims (5,068 ha) located 70 km west of Osisko Mining's Windfall deposit and 25 km east of Lebel-sur-Quévillon, Quebec, containing a non-NI 43-101 historical resource of approximately 40,000 oz @ 3.4 g/t Au (Morono 'M' Zone); optioned to Harvest Gold Corp. in December 2023.
• Kinebik Property District-scale gold property located in the eastern extension of the Cartwright stripping in Quebec's Abitibi Greenstone Belt, acquired from Agnico Eagle Mines in March 2026 as part of an asset purchase agreement for 45.7 million common shares and C$750,000 in cash (closing expected Q1 2027).
• Peacock Property District-scale gold property in Quebec's Abitibi Greenstone Belt acquired from Agnico Eagle Mines in March 2026 (closing expected Q1 2027) as part of an asset purchase agreement involving 45.7 million common shares and C$750,000 in cash.
• Launay Property Gold property in Quebec's Abitibi Greenstone Belt acquired from Agnico Eagle Mines in March 2026 (closing expected Q1 2027) as part of an asset purchase agreement involving 45.7 million common shares and C$750,000 in cash.

Quantifiable outcome

• +60,000m drill program at Belleterre Gold Project, fully funded with $41.3M working capital as of Dec 31, 2025
• +5 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Probe Gold Inc. Junior gold exploration company with a district-scale land position in the Val-d'Or and Novador camp of Quebec's Abitibi Greenstone Belt. Directly comparable to Vior as a Quebec-focused gold explorer executing multi-rig drill programs on past-producing orogenic gold assets in a tier-1 jurisdiction.
• Bonterra Resources Inc. Junior gold explorer with assets in the Urban-Barry and Abitibi greenstone belts of Quebec, including the Gladiator, Barry and Moroy deposits. Closely comparable to Vior's Quebec-focused gold strategy with multiple drill programs and JV/partner-funded assets.
• Wallbridge Mining Company Limited: Junior gold exploration company advancing the Martiniere gold project in the Abitibi Greenstone Belt of Quebec. Operates in the same jurisdiction and geological setting as Vior, with comparable drill-program scale and pre-resource stage.
• Osisko Mining Inc. Major Quebec-focused gold developer with the Windfall and Black Dog gold projects adjacent to Vior's Mosseau and Skyfall properties. Osisko is also a strategic shareholder of Vior (since 2021 with a board seat), making it both a direct peer and a partner.
• Radisson Mining Resources Inc. Junior gold explorer focused on the O'Brien gold project in the Cadillac Break of Quebec's Abitibi. Closely comparable to Vior in scale, jurisdiction focus, and pre-resource high-grade gold exploration strategy.

Broad incumbents

• IAMGOLD Corporation: Mid-tier gold producer with the Westwood and Cote Lake operations in Ontario and Quebec. Operates in the same Abitibi/Canadian Shield jurisdiction as Vior but at production scale; relevant comparable for jurisdiction valuation and as a potential acquirer of advanced Vior assets.
• Agnico Eagle Mines Limited: Senior gold producer with a major Quebec presence (LaRonde, Canadian Malartic, Detour Lake, and the recently acquired Yamana assets). Currently a strategic partner to Vior via the Kinebik/Peacock/Launay transaction (taking 45.7M Vior shares), making it both a peer/incumbent and a potential acquirer.

Emerging players

• NioBay Metals Inc. Junior critical minerals explorer with a definitive option on Vior's Foothills titanium-phosphate project since February 2024. Comparable as a Quebec-focused junior at a similar capitalization, advancing non-gold critical mineral assets.
• Harvest Gold Corp. Junior gold explorer that optioned Vior's Mosseau Gold Project in December 2023. Comparable in scale and Quebec-focused exploration mandate, with the Mosseau project (40,000 oz historical resource) being a shared asset.
• SOQUEM Inc. Quebec government-owned mineral exploration company and JV partner with Vior on the Skyfall Nickel project since 2023. Comparable as a Quebec-focused active explorer with a mandate to fund and advance early-stage critical minerals and precious metals projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SEMVior
• YouTubeyoutube.com/channel/UCpOdp7MqkC9nr4E84mRh8nw
• Facebookfacebook.com/61577266800101
• LinkedInlinkedin.com/company/vior-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vior