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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 Althymon Jan 18, 2020 9:50am
129 Views
Post# 30568505

RE:Majors take advantage of the juniors

RE:Majors take advantage of the juniors Sirios/DD are planning this year design, permit for a Large Bulk Sampling to quantify the nugget effect if we want to prove that the large envelope is profitable.
As Kaiser said, this will require 10k-100k t (3-5 times the daily production).
(@24:00)
https://www.youtube.com/watch?v=jcyPGDIGqU4&list=PLCrz-HEf8_0CFwUHv_13glX9NDIxgrBg5&index=5&t=0s


Last fall the three samples gave us an improvement from 0.4g/t-0.6g/t to almost 1 g/t
for the tonalite (70% of the envelope).

User image



I'm confident (like DD) that we can reach 2.5-3 millions @ 0.7g/t this year and try to sell
at the best price but we have to ask ourselves if it's better to wait for 2021 to increase the
grade of the large envelope and get more ounces and a better PEA ...

If you found the  gold and it's economical, someone will care about it ...
If you did not find the gold, that's an all different story.
Bullboard Posts