V I O R inc Corporate Presentation, April 2014 Claude St-Jacques, President and CEO Marc L’Heureux, VP Exploration and Director “ Generate and explore high-quality gold projects in the best proven and accessible mining areas using our financial expertise and our advanced exploration techniques ” DISCLAIMER Statements in this document, to the extent not based on historical events, constitute forward-looking statements Forward-looking statements include, without limitation, statements evaluating market and general economic conditions in the preceding sections, and statements regarding future-oriented costs and expenditures Investors are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analysis only as of the date thereof These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially Such risks and uncertainties with respect to the company include the effects of general economic conditions, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and misjudgments in the course of preparing forward-looking statements Company Profile • Quebec-based junior mineral exploration company founded in 1984 • Portfolio of projects in the Abitibi Greenstone Belt • Strong focus on gold • Holds ~21M shares of Aurvista Gold Corp (TSX-V: AVA; Frankfurt: VL5) • Strong management with experience in North and Latin America THE COMPANY WHY VIOR • BUILT ON REAL ASSETS • • • • • • Vior holds ~21M shares of Aurvista Gold Corp, owner of the Douay gold project with a gold resources of over M oz Good exploration potential on the Vezza-Noyard property located in the extension of the North American Palladium Vezza gold deposit Experienced management and technical team with proven track record Quality exploration projects in a proven mining area Well cash-up with $2.1M in the treasury FAVORABLE OUTLOOK • • • Vior is currently generating and evaluating high-potential gold projects in North and Latin America Aurvista (held at 30% by Vior) is on track to complete a new resource calculation at Douay after having drilled 35,000 meters since Nov 2010 Vior is an undervalued junior company considering its assets THE COMPANY MANAGEMENT TEAM and BOARD of DIRECTORS • Claude St-Jacques, President and CEO Graduated in Management, Founder of Vior, Director of Virginia Gold Mines • Marc L’Heureux, Vice President Exploration and Director Professionnal Geologist, +25 years experience in North and Latin America • Gaétan Mercier, CFO Graduated in Business Administration, in Accounting, +25 years experience in mining exploration • Jean-François Ouellette, Director Professionnal Geologist, +25 years experience, Co-discoverer of the Eleonore Gold Deposit in James Bay • Jean Pelletier, Director Chartered Accountant, +19 years Partner for PricewaterhouseCoopers, now Consultant • Pierre St-Jacques, Director Retired Chartered Accountant, +26 years Partner for Deloitte, now Consultant TECHNICAL TEAM • Marc L’Heureux, P.Geo, M.A.Sc – Project Generation & Supervision • Denis Chénard, P.Eng – Exploration & Resource Calculation • Geonordic Technical Services Inc – Technical Services & Management • Rémi Charbonneau, Ph.D – Exploration Work & Data Processing THE COMPANY CORPORATE INFORMATION • LISTED : • SHARES OUTSTANDING : 105,518,721 (FD: 108,581,121) • SHARE PRICE : ~ $0.035 $0.02 - $0.12 (52-week)) • TREASURY POSITION : • MAJOR SHAREHOLDER : TSX VENTURE: VIO Frankfurt: VL5 $2.1 million hard cash ~$1.5 (Aurvista equity) No debt Vale-Inco (8.1 %) Sodemex (6.9 %) Aurvista (5.1 %) THE COMPANY HISTORY • 1984: INCORPORATION OF THE COMPANY • 1986: VIOR AND INCO JOIN FORCES TO EXPLORE THE DOUAY AREA • 1990: DOUAY-WEST DISCOVERY • 1992: VIOR ACQUIRES 100% OF DOUAY PROPERTY AND THE 531 ZONE IS DISCOVERED • 1996: OPTION GRANTED TO AURIZON MINES WHICH CAN ACQUIRE 50% OF THE DOUAY-WEST PROJECT BY BRINGING IT INTO PRODUCTION • 2000: AURIZON DROPS ITS OPTION AFTER HAVING SPENT $5 MILLION IN INFRASTRUCTURES ON DOUAY-WEST • 2010: OPTION GRANTED TO AURVISTA TO EARN 50% OF THE DOUAY PROJECT • 2011: NEW 43-101 MINERAL INVENTORY YIELDS 1.9 M OZ OF GOLD AT DOUAY • 2011: AURVISTA PAYS VIOR $3 M IN CASH, ISSUES 21.25 M SHARES OF AURVISTA, AND COMPLETES $3M OF EXPLORATION WORK TO ACQUIRE 100% OF THE DOUAY PROJECT CORPORATE STRATEGY CORPORATE STRATEGY A CLEAR AND CONSISTENT STRATEGY “Explore and develop high quality gold and base metal properties in the best proven and accessible mining areas using our financial expertise and our advanced exploration techniques” => Focus on gold and base metal project generation and acquisition in best mining areas => Quality and extensive mineralized systems recognized on all of Vior’s projects => Advanced exploration techniques well known by our team 2014 EXPLORATION AND DEVELOPMENT HIGHLIGHTS 2014 HIGHLIGHTS THE PROJECTS mining properties in the Abitibi Greenstone Belt - Vezza-Noyard - Ligneris - Beauchastel - Domergue - Douay (through 30% ownership in Aurvista) 2014 HIGHLIGHTS ABITIBI PROJECTS The Abitibi region, rich in world class deposits ! Three major gold structures and many major VMS camp DOMERGUE DOUAY LIGNERIS VEZZA / NOYARD BEAUCHASTEL GOLD DEPOSIT > 1,000,000 ounces MAJOR VMS DEPOSIT 2014 HIGHLIGHTS GOLD DISTRIBUTION CASA BERARDI – DOUAY AREA DOUAY CASA BERARDI (> 2,000,000 oz Au production and reserves) Resources (all deposits) M&I: 238,433 oz Au Inf: 2.75 M oz Au VEZZA Resources M&I: 261,000 oz Au Inf: 68,000 oz Au - Major gold structures on magnetic map - Yellow circles indicate drill holes with g/t Au over m - Only areas with important gold accumulation SLEEPING GIANT Resources M&I: 121,250 oz Au Inf: 16,700 oz Au 2014 HIGHLIGHTS VEZZA - NOYARD Vezza Mine - Resources M&I : 260,000 @ 6.5 g/t Au Inf.: 62,000 @ 4.9 g/t Au 6.1 g/t Au / 1.3m Vezza Mine owned by Aurbec Mines Inc (100% sub of Maudore Minerals Inc.) Follow-up drilling and new targets identified - Major gold structures (Casa-Berardi – Cameron) - Vezza eastern extension at depth to be tested km 2014 HIGHLIGHTS LIGNERIS - New targets identified - Deep geophysic not done Searching a gold-rich VMS deposit 2014 HIGHLIGHTS BEAUCHASTEL LODE GOLD and VMS EXPLORATION PLAY FOLLOW-UP DRILLING on gold Zones and new VMS TARGETS IDENTIFIED 2014 HIGHLIGHTS DOMERGUE A VMS EXPLORATION OPPORTUNITY with SOQUEM DRILLING TARGETS ALREADY IDENTIFIED 2014 HIGHLIGHTS DOUAY GOLD ZONES SEVEN GOLD ZONES TOTALLING: million oz Au DOUAY WEST 1.0 Mt @ 5.7 g/t Au ADAM PORPHYRY ZONE 7.1 Mt @ 1.1 g/t Au MAIN ZONE 300,000 t @ 4.8 g/t Au 92-7PORPHYRY PORPHYRY ZONE 92-7 ZONE 5.8 Mt @ 0.7 g/t Au GEOLOGICAL SETTING SIMILAR to : TIMMINS, KIRKLAND LAKE MALARTIC, DUPARQUET… CENTRAL PORPHYRY ZONE 4.4 Mt @ 0.8 g/t Au 531 ZONE 730,000 t @ 4.9 g/t Au 2014 HIGHLIGHTS INFRASTRUCTURE at DOUAY-WEST Road, power line, head frame, hoist, shaft and collar CA$5 million 2014 HIGHLIGHTS DOUAY WEST - 3D MODEL Blue block : 3-4 g/t Au Orange block : 4-6 g/t Au Red block : + g/t Au Red line: gold envelope - Gold lenses as modeled by Geostat (SGS) - Total Resources in 2011 M&I: 313,000 @ 7.75 g/t Au Inf: 267,000 @ 8.53 g/t Au Cut off: g/t Au 151,000 ounces of gold 250 m FUTURE GROWTH FUTURE GROWTH • BUILT on REAL ASSETS - • • 30% ownership of Aurvista Gold Corp., where Vior has upside on over million ounces of gold - Other quality exploration projects in the Abitibi Belt - Experienced management and technical team CLEAR & CONSISTENT STRATEGY - Explore and develop quality projects in the best proven and accessible mining areas - Model-driven exploration approach focussing on gold and base metals FAVORABLE OUTLOOK - The Vezza gold mine (322,000 oz Au) owned by Aurbec Mines Inc is likely to extend at depth onto Vior’s Vezza-Noyard property FUTURE GROWTH • PROPERTIES AND UPSIDE - New acquisitions: Project generation or evaluation focus on advanced and high quality opportunities in North and Latin America - Vezza-Noyard: Discovery stage targets in the extension of the Vezza gold mine - Ligneris: Finding more resources & discovery stage targets - Douay: Excellent upside from the Douay Project (~3M oz Au) where Vior currently owns 30% of Aurvista share capital