This 104 claims gold property, covering approximately 50 km², is located 10 km south of the LA-1 hydro-electrical complex in the James Bay region. The project stands out for its accessibility at any time of the year.
An outfitter with a landing strip is situated less than 40 minutes from the property by an all-weather road leading to LA-1 dam.
|Target(s):||Gold||Number of claims:||104|
|Participation:||100% Sirios||Approx. area:||52 km2|
Fieldwork and Geology
In 2010, Sirios completed a 1,926-metre surface drilling program of 35 short vertical drill holes targeting the Lingo (10), Moman (14), Fleur De Lys (11) and Muscovite showings. Drilling confirms that very high grade gold mineralization typically occurs in the hinges of folded quartz veins in shallow-plunging, pencil-like mineralized shoots.
Best results include:
- 834.4 g/T Au over 1.71 metres (m) (Moman Vein)
including 3,527.4 g/T Au over 0.40 m;
- 116.48 g/T Au over 2.25 m (Moman Vein);
- 425.33g/T Au over 0.60 m (Moman Vein);
- 133.67 g/T Au over 0.82 m (Fleur de Lys Vein); and
- 26.70 g/T Au over 0.40 m (Muscovite Vein).
Previous drill results which returned over 1.0 ounce per ton (34.29 g/t), include:
- 3 230,9 g/t Au over 0.80 m (94 on/ton over 2.62 feet)
- incl. 12,906.5 g/t Au over 0.20 m (376 on/ton over 0.65 feet)
The property is underlain by parts of a folded, weakly dipping greenstone-belt, containing a felsic volcanic center and cut by strong NE structures.
In 2016, Sirios acquired the 50% interest of Golden Tag for $820,000, allocated as follows: $250,000 in cash and $570,000 by the issuance of 1,000,000 shares at a deemed price of $0.57 per share. Aquilon property and Soquem Inc. will retain a 1% NSR royalty, half of which is redeemable for $500,000. Since then, Sirios owns wholly the property.
Discovering gold from prospecting to exploration.
Sirios generates and manages its mining exploration projects by working closely with its partners, fully respecting communities and the environment, as well as utilizing the latest advanced technologies.