MONTRÉAL, QUEBEC–(Marketwired – June 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:
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.
For more information:
Dominique Doucet, CEO