SIRIOS RESOURCES/Cheechoo: Extension of 600 Metres With 0.40 g/t Au Over 22.5 Metres
09 Juni 2014 - 3:08PM
Marketwired
SIRIOS RESOURCES/Cheechoo: Extension of 600 Metres With 0.40 g/t Au
Over 22.5 Metres
MONTREAL, QUEBEC--(Marketwired - Jun 9, 2014) - SIRIOS RESOURCES
INC. (TSX-VENTURE:SOI) announces the two drill holes (# 14-13 and
14-14) recently completed allowed a significant increase of the low
gold grade envelop discovered in 2012-2013 on the property and
intersected down to a 200 metres vertical depth. The drill holes
now show the gold-bearing tonalitic intrusion potentially extends a
minimum 900 metres from south-east to north-west and with a width
of approximately 300 to 450 metres. A section of 22.5 metres of
tonalite assayed 0.40 g/t Au in drill hole # 14 while several other
auriferous sections were intersected in hole # 13 as indicate
below.
Drill hole # 14-14, situated at approximately 600 metres
north-west to the section formed by drill holes executed in 2012
and 2013, verified the possible extension of the gold-bearing
tonalite in a section devoid of outcrop. Thirty four metres of
tonalite were intersected at the end of the drill hole after
crossing 215 metres of non-mineralized meta-sedimentary rocks. A
section of 22.5 metres of tonalite assayed 0.40g/t Au between 215.0
m and 237.5 m with a maximum gold grade of 1.21g/t over 1 metre.
The drill hole ends at 249 metres in the tonalite.
Drill hole # 14-13 confirmed the extension to the west of the
gold-bearing tonalite, thus increasing the section formed by drill
holes # 12-03 and # 13-09. The assays of the core's first 110
metres were received and showed sections such as: 0.48 g/t Au over
14.5 m.; 0.40 g/t Au over 11.0 m.; 0.67 g/t Au over 4.0 m. and 1.27
g/t Au over 2.0 m. with a maximum gold grade of 2.04 g/t over 1
metre. The drill hole ends at 249 metre in the tonalite and other
core sample assay results are expected shortly. A map showing the
position of the drill holes is available at the following link:
http://sirios.com/images/cheechoo/resized/0123resistivityjuin2014rzd.jpg.
Dominique Doucet, President of Sirios states, "Further drilling
will allow us to continue to assess the extent and the grade of the
auriferous system on Cheechoo that remains open at west, north-west
and in depth. The core of this system has not yet been located, but
we can already qualify the system as a major one."
The Cheechoo gold property is adjacent to the gold mine property
of Éléonore of Goldcorp in James Bay, Quebec. Detailed prospection
and systematic rock sampling are underway as well as diamond
drilling. For more information on the project, please visit the
website of Sirios. Sirios has 43,092,738 ordinary shares issued and
outstanding.
Assaying Quality
Control
NQ-caliber drill core samples were collected, sawed in half,
with one half sent to a commercial laboratory for analysis and
other half retained for future reference. A strict QA/QC program
was followed by integrating blanks and certified reference
materials to the drill core samples, all of which were prepared by
IOS Services Géoscientifiques inc. of Chicoutimi, and assayed for
gold by fire assay and atomic absorption finish (AA23) by the ALS
Minerals laboratories in Val d'Or, Quebec. Assays on the highest
grades were duplicated in the laboratory.
This press release was prepared by Dominique Doucet, P. Eng.,
President of Sirios, Qualified Person pursuant to National
Instrument 43-101.
Statements in the release that are "forward-looking
statements" are based on current expectations and assumptions that
are subject to risks and uncertainties. Actual results could differ
materially. We undertake no duty to update any forward-looking
statement to conform the statements to actual results or changes in
our expectations.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Dominique Doucet, President(514) 510-7961(514)
510-7964ddoucet@sirios.comPeter Kong, B.B.A(514) 510-7961(514)
510-7964pkong@sirios.comhttp://www.sirios.com
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