MONTREAL, QUEBEC, CANADA–(Marketwire – Oct. 8, 2008) – SIRIOS RESOURCES INC. (TSX VENTURE:SOI) announces the results of its 2008 prospecting campaign on its UPINOR uranium property in James Bay, Quebec. A total of 156 grab-samples were collected including 142 samples along a new portion of the radioactive zone A of which 44 assayed more than 0.05% U3O8, including 36 assaying more than 0.07% U3O8, and 25 assaying more than 0.10 % U3O8. The best assay was 0.534 % U3O8 and to date, 5 km of zone A has been prospected. Of those samples, 21 are from a new 1.5 km long radioactive sub-zone located south of zone A and average 0.076% U3O8 with a maximum of 0.238% U3O8.
A prospecting program was carried out to investigate zone A, a pluri-kilometric radioactive target now extending approximately 10 km by 0.2-0.5 km thanks to the second helicopter-borne geophysical survey completed in June of 2008.
Field readings (Radiation Solution RS-120) reaching up to 35,900 cps (counts per second) characterize zone A. UPINOR’s uranium mineralization consists of disseminated uraninite, uranophane, apatite, molybdenite and biotite in metric low-dipping pegmatite-alaskite sills/dykes injected in paragneisses. The samples were collected and prepared by IOS Services Géoscientifiques Inc. of Saguenay, Quebec. They were assayed at the Saskatchewan Research Council laboratory.
These results are in addition to those previously released where 30 samples from the first 2 km of zone A returned up to 2.1% uranium oxide (ref.: 06/05/2008 and 02/26/2008 Press releases).
A twelve-hole helicopter-borne drilling program totalling 1,300 meters was completed on zone A over a 3 km-strike length. Radioactive drill core samples are still currently being processed at the Saskatchewan Research Council laboratory. Additional prospecting was also carried out on the zone A extension and on other targets this fall with results pending.
The UPINOR property is owned 50%-50% in partnership with Dios Exploration (TSX VENTURE:DOS). It covers 450 square km in the LaGuiche Basin in James Bay, Quebec.
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