NEWS RELEASE TRANSMITTED BY CCN – A NEWSWIRE SERVICE OF ITG
FOR: SIRIOS RESOURCES INC.
ME SYMBOL: SOI
NOVEMBER 29, 2000 – 12:52 EST
SIRIOS RESOURCES INC. – TILLY : Numerous Mineralized
Zones Intercepted by Initial Drilling
MONTREAL, QUEBEC, CANADA–The officers of SIRIOS RESOURCES INC.
(“SIRIOS”) are pleased to announce the results of the first
drilling program carried out on its TILLY property, James Bay,
Quebec. Five diamond drill holes (Ti-01 – Ti-05) totalling 2,700
feet (825 meters) were completed as well as rock channelling to
test three showings, Firecracker, located in the center of the
property, Yo, one km south and Boubou, two km east of the first
one, in order to check their strike and depth extents as well as
confirm their fairly large sizes. The main results are as
follows:
/T/
– 0.07 % Mo and 0.03 % Cu over 280 feet including 80 feet grading
0.18 % Mo.
– 0.05 % Mo over 150 feet including 24 feet at 0.28 % Mo.
– disseminated sulfides grading 0.12 % Cu et 0.11 % Mo over 44 feet
in channelling.
– 166 feet of 0.08 % Mo including 0.14 % Mo over 74 feet.
YO SHOWING
LOCATION Hole INTERVAL WIDTH GRADE
(collar) FROM TO feet %Mo %Cu Note
meter feet
06+84N Ti-01 84 364 280 0.07 0.03
579+90E including
284 364 80 0.18 0.007
07+10N *C-01 – 59 0.05 0.016 stringers
579+95E
06+40N C-01 S – 10 0.47 0.05
579+60E
07+05N C-02 – 18 0.03 0.03 stringers
581+10E
07+55N C-02 N – 44 0.11 0.12
581+20E including
– 3 0.17 0.78 1.1 ppm Au
26 ppm Ag,
0.1% Bi,
24 ppm Te
less than less than
06+75N Ti-02 22 531 509 0.02 0.02
581+15E
FIRECRACKER SHOWING
(Channel sampling of this breccia totalling 292
feet had returned 0.14% Mo.)
LOCATION Hole INTERVAL WIDTH GRADE
(collar) FROM TO feet %Mo %Cu Note
meter feet
18+33N Ti-03 46 212 166 0.08 0.015 breccia
581+23E including
133 207 74 0.14 0.02
18+12N Ti-04 2 152 150 0.05 0.009
579+48E
including
109 133 24 0.28 0.02
BOUBOU SHOWING
16+00N Ti-05 98 108 10 0.44 0.02 129
ppb Au
600+00E breccia
*C: channel; Mo: molybdenum; Cu: copper; Au: gold; Ag: silver; Bi:
bismuth; Te: tellurium
/T/
In addition to the occurence of pervasive hematization and
biotization (chloritization), these results confirm a high
potential for porphyric mineralization at TILLY where, however,
mapping and sampling need to be completed. SIRIOS’ geologists are
actually interpreting new assay results from a series of soil
samples collected during the drilling campaign. Numerous
significant soil anomalies remain still unexplained and open in
strike as well as some copper-gold showings.
The TILLY property, (72 square km) wholly owned by SIRIOS, is
located 30 kilometers west of LG-4, James Bay, Quebec. Holes were
drilled with an average angle of 45 degree and widths reported are
close to true widths. Core was splitted in two parts, one being
sent for assays while the other was held as witness and stored in
Val d’Or. All samples were assayed by ICP method in Bondar Clegg
Chimitec Val d’Or laboratories.
For more information:
Dominique Doucet, CEO
ddoucet@sirios.com
Phone: 514-510-7961
