MONTREAL, QUEBEC–(Marketwire – Aug. 21, 2008) – SIRIOS RESOURCES INC. (TSX VENTURE:SOI) announces that partner Golden Tag Resources Ltd. (TSX VENTURE:GOG) has completed its earn-in on a 40% interest in the Aquilon Main Gold Property in James Bay, Quebec. Recent issued assay results from the 2008 winter program on the Lingo Gold Occurrence on the Property (see press release, June 26, 2008) include a gold intersect of 376.4 ounces gold per ton. Golden Tag has advised that it will be proceeding with additional work programs to earn an additional 20% interest in the Property. The Aquilon property is now held jointly by SIRIOS (40%), Golden Tag (40%) and SOQUEM Inc. (20%). Golden Tag is acquiring its additional 20% interest from SOQUEM.
Golden Tag indicated that it will re-commence exploration on the Property in early September, 2008 in preparation for a planned diamond drill program on the Property this coming winter. The work will include re-evaluation of the numerous gold occurrences known within the Wolf Lake Shear Zone, which represents a 300-metre wide deformation zone characterized by intense shearing over a strike length of 4 kilometers. Quartz vein occurrences abound within the shear zone and gold values, often spectacular in nature, have been documented in many of the veins from surface grab sampling, trenching and channel sampling and from only limited drilling to date. The work will also include the development of an accurate survey grid across the area to support additional drilling.
For more detailed information on the Aquilon agreement please refer to SIRIOS’s news release of November 20, 2003. Historical information on the Aquilon project, including a map of the area, is available on the SIRIOS and the Golden Tag websites at www.sirios.com and www.goldentag.ca.
This press release was prepared by Dominique Doucet, P. Eng., President of SIRIOS, Qualified Person.
The TSX Venture has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For more information:
Dominique Doucet, CEO