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Sirios Resources Inc
Symbol SOI
Shares Issued 32,251,757
Close 2004-08-31 C$ 0.125
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Sirios starts Escale diamond drilling program
2004-08-31 10:43 ET - News Release
Mr. Dominique Doucet reports
SIRIOS: DIAMOND DRILLING IN PROGRESS ON THE ESCALE GOLD PROPERTY
Sirios Resources Inc. has confirmed that a 700-metre diamond drilling program is in progress on the Escale gold property (Sirios 100 per cent) located 75 kilometres southeast of the LG-4 hydroelectric complex and 30 kilometres south of the Trans-Taiga road, James Bay, Quebec.
Through the years, Sirios discovered on this property many gold showings distributed over more than 25 kilometres. Previous work included: helicopter-borne EM-MAG geophysical survey, prospecting, geological surveys and diamond drilling. These surveys were followed by regional and detail till sampling programs which detected gold in new areas of the property. As the known gold occurrences did not show a gold signature in till, Sirios's geologists believe that the till gold anomalies pointed to more significant gold mineralization in the bedrock.
Diamond drilling will test gold till anomalies as well as geophysical anomalies associated to volcano-sedimentary contacts.
The drilling program is carried out under the direct supervision of Dominique Doucet, professional engineer and president of Sirios. He is a qualified person, as defined by National Instrument 43-101, and has more than 25 years of experience in exploration.