NEWS RELEASE TRANSMITTED BY CCN NEWSWIRE – A SERVICE OF ITG
FOR: SIRIOS RESOURCES INC.
ME SYMBOL: SOI
MARCH 8, 2001 – 11:31 EST
Diamond Indicator Mineral Train Identified: Sirios
Enlarges Four Times its Scholfield Property
MONTREAL, QUEBEC–It is with enthousiasm that officers of SIRIOS
RESOURCES INC. (“SIRIOS”) report the delineation of a clear
contrasted diamond indicator mineral train within the till on
their SCHOLFIELD property, Ontario. Following such a first
discovery in this area, more than 600 claims have recently been
staked by SIRIOS or acquired under option, totalling more than 800
claims for some 13,000 hectares.
Seventy till samples have been taken on this property in June and
October and thereafter processed under the guidance of a Qualified
Person of IOS Services Geoscientifiques inc., Jonquière, Quebec.
Chemical composition of indicator minerals identified as such was
confirmed with the help of microproobe analysis. Chemical
signature indicated is in accordance with one or more potential
diamond-bearing kimberlitic sources. The indicator mineral train
was delineated over more than some ten kilometres long and near
two kilometres wide.
Following such interesting results, an airborne detailed
magnetometer survey was initiated over the whole property owned by
SIRIOS. Further mechanical till sampling shall be carried out
Canada is currently known as an emerging worldwide diamond
producer. The amazing potential of the Slave Craton, Nunavut, is
a known fact and exploration activities are progressively
extending over other Canadian Shield cratons.
SIRIOS is a dynamic junior mining company with a good financial
position and shares trading on the Montreal Exchange under SOI.
SIRIOS shall have a booth at the annual meeting of the PDAC to be
held in Toronto next week.
For more information:
Dominique Doucet, CEO