NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: SIRIOS RESOURCES INC. TSX VENTURE SYMBOL: SOI JULY 20, 2004 - 16:28 ET SIRIOS, LA-2: New Project in the Coulon Polymetallic Discovery Area MONTREAL, QUEBEC--(CCNMatthews - July 20, 2004) - Officers of SIRIOS RESOURCES INC. are pleased to announce the acquisition of 116 claims by map staking and forming the new LA-2 base metals exploration project. This project comprises 4 blocks totaling 156 claims (40 pending), covering approximately 80 square km and adjoining the Coulon property of Virginia Gold Mines Inc. recently optioned to Noranda Inc. Recent public information indicated that Noranda would need to invest more than $ 8 M to acquire a 50% interest in this property. The LA-2 property includes claim blocks which are located 10 km north and 28 km south of the "DOM" polymetallic discovery in the extent of the hosting geological formations. Grades of 15.39% Zn, 3.12% Pb, 117 g/t Ag and 0.46% Cu over 10.5 m and of up to 1.31% Cu, 12.63 g/t Ag, 0.59% Zn over 38.13 m in the north zone of the showing have been reported by Virginia. The LA-2 project is located each side, 10 km south and 25 km north, of the Fontanges airport, James Bay, Quebec. SIRIOS is discovering precious and base metals in Quebec. SIRIOS is the main shareholder of DIOS EXPLORATION INC. (TSX-V:DOS), a leader in diamond exploration in Quebec.
For more information:
Dominique Doucet, CEO