MONTREAL, QUEBEC- Sirios Resources Inc. (TSX-V: SOI) is pleased to announce the best assay result yet to date in drill hole #139: 56.4 g/t Au over 8.2 m, including 867.1 g/t Au over 0.5 m from the Jordi Zone on the Cheechoo gold property, Eeyou Istchee James Bay, Quebec. Furthermore, the last fifteen drill holes completed in 2017 (#126 to 140), have all intersected auriferous, multi-decametric intervals from surface down to a vertical depth of more than 250 metres, with gold grades up to 1.4 g/t.

 

  • Six drill holes (#126, 128, 132, 134, 137, 139) located within the tonalite intrusion have all intersected the Jordi Zone in addition to wide intervals, up to 270m in length along the drill holes, with lower gold grades.

 

  • Drill hole #132 intersected 11.0 g/t Au over 11.0 m at a vertical depth of 200 m, demonstrating the potential for defining new high-grade zones.

 

  • Eight drill holes (#127, 130, 131, 133, 135, 136, 138 and 140) aimed to test the tonalite-meta-sediment contact have confirmed the continuity of the auriferous mineralization both laterally and at depth near the contact.

 

  • Finally, drill hole #129 that was testing the meta-sediments, away from the tonalite contact, assayed 0.9 g/t Au over 15.7 m.

 

Dominique Doucet, President, states: “Our excellent drilling results demonstrate the magnitude and the continuity of the auriferous mineralization at Cheechoo. We will continue our work in order to quickly progress the project and move it to a more advanced stage”.

 

NQ-sized drill holes #126 to 140 totaled 5,136 metres. The significant assay results of these holes are detailed in the table below.

 

SIGNIFICANT ASSAY RESULTS – CHEECHO PROJECT

AUTOMNE 2017 DRILLING CAMPAIGN- DRILL HOLES #126 TO 140 –

Drill hole

CH17-

Zone From To Width Au (g/t) Au (g/t)

**

126 4.2 139.4 135.2 0.8
incl. 30.7 31.2 0.5 38.7
Jordi incl. 133.6 138.3 4.7 3.1
127 46.0 90.2 44.2 0.8
128 2.2 148.0 145.8 0.7
Jordi incl. 137.0 140.7 3.7 14.9 14.7
incl. 140.2 140.7 0.5 101.2
214.0 221.5 7.5 6.5
incl. 214.0 215.5 1.5 26.6
238.4 241.5 3.1 4.0
254.7 255.2 0.5 16.2
322.2 385.0 62.8 0.5
129 54.8 70.5 15.7 0.9
130 117.5 190.0 72.5 1.0
incl. 154.7 164.5 9.8 3.9
131 140.5 291.0 150.5 0.8
incl. 226.0 227.5 1.5 26.3
incl. 238.5 245.5 7.0 2.9
incl. 244.3 245.5 1.2 10.8
132 3.7 122.0 118.3 0.3
Jordi 123.5 124.5 1.0 0.1
277.0 360.2 83.2 1.9 1.4
incl. 294.0 305.0 11.0 11.0 6.9
incl. 296.3 296.8 0.5 25.6
incl. 299.5 300.3 0.8 118.8
133 23.5 56.0 32.5 0.9
218.3 218.8 0.5 38.4
134 105.0 182.0 77.0 1.6 1.1
Jordi incl. 154.9 155.8 0.9 104.8  
135 5.1 209.5 204.4 0.4
incl. 104.5 105.0 0.5 13.3
incl. 145.0 145.5 0.5 10.0
incl. 178.0 179.5 1.5 10.0
Drill hole

CH17-

Zone From To Width Au (g/t) Au (g/t)

**

136 3.5 46.0 42.5 0.8
131.0 226.7 95.7 0.5
137 9.3 129.5 120.2 0.7
incl. 81.1 81.7 0.6 16.2
Jordi incl. 101.7 104.0 2.3 0.5
137.5 138.0 0.5 43.2
196.7 350.5 153.8 0.7
incl. 251.3 252.7 1.4 11.6
138 114.8 136.4 21.6 1.0
139 2.1 221.3 219.2 0.4
incl. 212.8 213.3 0.5 37.0
Jordi 221.3 229.5 8.2 56.4 13.7
incl. 225.0 225.5 0.5 867.1
256.0 257.2 1.2 10.3
277.7 278.2 0.5 11.3
140 21.3 289.8 268.5 0.7
incl. 173.0 173.5 0.5 11.6
incl. 223.0 224.5 1.5 12.0
incl. 265.9 266.7 0.8 31.3
311.8 312.6 0.8 25.3
318.6 319.4 0.8 14.1

*: Interval along the hole, true width not known

**: High gold grades cut at 50 g/t m

As announced last week, diamond drilling continues on the Cheechoo property with an additional 3,000 metres added to the drilling program in order to complete the systematic coverage of the main gold area, measuring approximately 500 metres by 500 metres, with a 50-metre drill spacing.

 

Details of the intersections described in the above table are available on the company’s website at the following link:

http://sirios.com/files/Detail-composite-20180424.pdf

A map showing the location of drill holes and the three sections are available with the following links:

http://sirios.com/images/2017-DDH-map20180424.jpg

http://sirios.com/images/Section-CH17-128-136-138-139.jpg

http://sirios.com/images/Section-CH17-131-132.jpg

http://sirios.com/images/Section-CH17-140.jpg

A table with the drill hole collar coordinates is available at the following link:

http://sirios.com/files/BD-Coordinates-Drilled-20180424.pdf

Sirios’s 100% owned Cheechoo property is located at Eeyou Istchee James Bay, Quebec, approximately 800 km north of Montreal, 200 km east of Wemindji and less than 10 km from the Goldcorp’s Éléonore gold mine.

 

Assay quality control

All NQ drill core was described by Sirios personnel at the Cheechoo exploration camp. The drill core was then sent to Rouyn-Noranda to be sawed in half, with one half sent to a commercial laboratory for assaying and other half kept for future reference. A strict QA/QC program was followed by integrating blanks and certified reference standards to the core sample sequence. The samples were assayed for gold by fire assay with an atomic absorption finish by Actlabs in Ste-Germaine-Boulé. Samples assaying greater than 2 g/t Au as well as drill core samples with visible gold were assayed by fire assay with metallic sieve based on a 1 kg sample.

 

Jordi Turcotte, MSc., Geo., Qualified Person pursuant to National Instrument 43-101, has prepared and verified the technical information of this press release, as well as reviewing the final text.

 

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

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