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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

Bullboard Posts
Comment by pierre013on Apr 19, 2017 2:42pm
230 Views
Post# 26138651

RE:What's missing...

RE:What's missing...Geology is a very complex science.Mr. Doucet has more than 30 years of experience in exploration and drilling is the most expensive part for an exploration company. The drilling is done at below 20 and 30 degrees in the winter season. It is not an easy task like drilling in a parking lot in Montreal. They can have mechanical problems or weather problems like snow storm for example. With the new technology like 3D to get a better understanding of the deposit, when they add 2 or 3 holes with new information, it is possible to analyse the results and take the decision to move the targets for the next drilling holes. To finish, like Mr. Doucet has mentioned before, there is a nugget effect in many holes and the analysis of these holes take more time. It takes 7 to 10 years to get enough information to tell that a deposit willhost a mine. So you have to relax. They started on Cheechoo in 2010, we're in 2017 so everything is done to get us to the finish line. Ithink that at the end of 2017 or by mid-year 2018, we could see a take over similar to the one of Virginia. So patience is needed.
Bullboard Posts