News on Niobium findDios drills 0.053% Nb2O5 over 1.5 m at Shipshaw
TickerSymbol: C:DOS
Dios drills 0.053% Nb2O5 over 1.5 m atShipshaw
Dios Exploration Inc(C:DOS)
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Thursday June 03 2010 - News Release
Ms.Marie-Jose Girard reports
DIOS FINDS SEVERAL RARE EARTH ELEMENTZONES IN SHIPSHAW CARBONATITE COMPLEX
Dios Exploration Inc.intersected several rare earth element mineralized zones in the firsthole completed on the Shipshaw carbonatite complex, Saguenay, Que.,located roughly seven kilometres away from the niobium mine andferro-niobium facilities owned by Iamgold. Niobium values were alsoreturned from a batch of some 90 samples, reaching 0.053 % Nb2O5(niobium oxide) over 1.5 m at this stage with high grade apatite content(12 % P2O5 (phosphate) and 0.487% TREEO (total rare earth elementoxides, excluding yttrium and zirconium). Several other apatite richzones were also intercepted.
The upper alkaline complex syenite horizon was reached at less then 17 mand returned 0.70% TREEO and 9.25 % P2O5 (very high apatite content)over 0.82 m (with 0.4 11% strontium) , included within a 10.54 m horizongrading 0.172% TREEO, then followed by 0.3% TREEO over 8 m in acarbonatite sensu stricto horizon returning 0.26% TREEO over 12.27 m.
Values in P2O5 in carbonatite reached for instance 2.42 % over 3 m at ashallow vertical depth of 27 m, then at a depth of 32 m a further 7.4 mat 3 % including 4.27 % over 3 m.
This first hole was drilled almost vertically in the lowest magneticpart of the anomaly with only 6 meters of overburden above some elevenmeters of Ordovician sediments lying above the alkaline complex.Interestingly, the lower 2 meters of the sediments even returned niobiumand rare earth elements with 0.022 % Nb2O5, 0.228% TREEO and 0.253 %ZrO2 (zirconium oxide).
Work completed to date confirm the discovery by DIOS of a sister complexto Niobec, its footprint bearing several similarities with Niobec.Exploration work by DIOS is actually at the same stage as Niobec a fewmonths after discovery of the rare earth core. Some 15-20 drill holesare planned and will be required at least to fully evaluate thepotential for niobium, tantalum and other commodities of the ShipshawCarbonatite Complex of DIOS.
The deposit model that DIOS is looking for is of the same complex typethan Niobec's carbonatite, a sheeted dyke complex, therefore horizonalternation. Historical data shows that the Niobec discovery was firstmade through the center of the complex, the rare earth carbonatite, andthen, with the help of extensive drilling, the niobium bearing zoneswere established in economical quantities, in the horizon surroundingthe rare earth core.
All core was splitted in two halves and core samples averaging one meterlong each were sent out to Actlabs, Ontario, Canada, for assaying withthe help of several methods, including XRF, ICP-MS, INAA, etc.,considering the variety of elements encountered. Usual quality controlprocedures were implemented, including the use of duplicates, standardsand blanks.
Several other sample batch results are awaited for and new resultsshould be released in the weeks to come.
This press release was prepared by Marie-Jose Girard, M.Sc., P.Geo, and aQualified Person pursuant to National Instrument 43-101.
? 2010 Canjex Publishing Ltd.