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Sirios Resources Inc V.SOI

Alternate Symbol(s):  SIREF

Sirios Resources Inc. is a Canada-based mineral exploration company. The Company is focused on developing its portfolio of high-potential gold properties in Eeyou Istchee James Bay, Canada. Its projects include Cheechoo, Aquilon, Maskwa, Li-52, Niska and Tilly 2. The Cheechoo gold project is located in the Eeyou Istchee James Bay region of Quebec, less than 15 kilometers (km) from Newmont’s Eleonore gold mine. The property consists of a main block of 121 claims, as well as a secondary block of 35 claims located about 20 km to the west. The Aquilon project covers 68 km2 of the Aquilon greenstone belt, in the La Grande subprovince of Quebec. The Maskwa gold project is located approximately 100 km southwest of Radisson and approximately 120 km east of Wemindji in Eeyou Istchee Baie-James, Quebec. The Li-52 property, located in Eeyou Istchee Baie-James, is made up of 550 claims covering an area of more than 286 square kilometers (km2).


TSXV:SOI - Post by User

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Post by Amor123on Sep 25, 2018 9:59am
143 Views
Post# 28684730

News, Sirios intersects a new zone of 6.4 g/t Au over 12.4 m

News, Sirios intersects a new zone of 6.4 g/t Au over 12.4 m

MONTREAL, Sept. 25, 2018 (GLOBE NEWSWIRE) -- The management of SIRIOS (TSX-V: SOI) is pleased to announce the assay results of thirteen drill holes, totaling 3,382 meters, on the Cheechoo gold property. This includes hole #176 that intersected a new high-grade gold zone assaying 6.4 g/t Au over 12.4 m, located at the west-north-west limit of the drilled area.

DDH Location
  DDH Location


DDH Assay Results
  DDH Assay Results

 

In addition, other significant gold intersections include :

  • 4.1 g/t Au over 10.0 m in hole #179;
  • 0.7 g/t Au over 163.5 m and 1.2 g/t Au over 18 m in hole #177;
  • 1.0 g/t Au over 41.6 m in hole #164.

The new high-grade gold zone of hole #176 is located to the west of a set of drill holes positioned in a 100 m grid pattern. This grid pattern was designed to define the large gold halo currently known to cover an area of 1,000 m by 600 m. The intersection in hole #176 extends and opens this area to the west. Additional drill holes will need to be carried out to test for possible extensions of this high-grade zone.

Significant drill holes assay results are listed in the table below.

Drill Hole CH18- From To Lenght (m)* Au (g/t)
164 173 183.5 10.5 0.9
308.8 350.4 41.6 1
 incl. 308.8 309.6 0.8 10
incl. 346.2 350.4 4.2 3.1
169 216.5 218 1.5 3.6
239.4 240.7 1.3 4.2
251.5 253 1.5 3
322.5 351 28.5 0.6
172 167.5 170.5 3 4
285.5 300.5 15 0.5
173 122.5 126.8 4.3 2.6
206.5 217 10.5 0.5
352 415.5 63.5 0.6
174 59.2 62.1 2.9 1
111.5 112.3 0.8 21.8
175 45.6 57.4 11.8 0.6
93.5 101 7.5 0.9
239.7 247.5 7.8 1.3
252 262.5 10.5 0.7
176 92.1 104.5 12.4 6.4
177 52 70 18 1.2
56.1 58.5 2.4 6
107 270.5 163.5 0.7
incl. 107 118.7 11.7 1.9
incl. 109.6 111.4 1.8 9.5
incl. 166.2 171.9 5.7 1.6
incl. 226.7 227.6 0.9 18.8
179 37.1 37.8 0.7 12.8
61 62.5 1.5 5.6
76.5 87.5 11 0.7
133 143 10 4.1
incl. 133 133.8 0.8 46.6

*: Interval along the hole, true width not known

To view the figure titled DDH Location, please visit the following link: https://www.globenewswire.com/NewsRoom/AttachmentNg/743acaed-46bf-4bd3-8142-05fdb3bd4660

To view the figure titled DDH Assay Results, please visit the following link: https://www.globenewswire.com/NewsRoom/AttachmentNg/f0eea92d-3c38-4a57-9bc7-5cb32c57614e

Regional exploration drill holes #167, 170, and 171, located more than 1.5 km west of the Eclipse area, as well as hole #178 did not return any significant gold assays.

Fifty-eight drill holes, for a total of 15,720 meters, were completed in 2018 on Cheechoo. Assay results from the remaining 24 drill holes are still pending

A table of collar coordinates is available at the following link:

https://www.sirios.com/bd-coordinates-drilled-20180925/

Sirios' 100% owned Cheechoo property is located in the Eeyou Istchee James Bay region of Quebec, approximately 800 km north of Montreal, 200 km east of Wemindji and less than 10 km from Goldcorp's lonore gold mine.

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