Sirios Announces Drill Results Confirming Again the Continuity of Gold Mineralization at the Cheechoo Gold Deposit
01 Marzo 2022 - 8:01AM
The management of Sirios Resources Inc. (TSX-V: SOI) is pleased to
announce assay results from 8 additional diamond drill holes
totaling 1,619 metres from the September 2021 drilling program on
the Cheechoo gold property, Eeyou Istchee James Bay, Quebec.
The most significant results of this drilling
are listed below:
- 3.46 g/t Au over 31.7
m, including 6.50 g/t Au over 6.6 m (CH21-279)
- 7.69 g/t Au over 9.9
m, including 68.84 g/t Au over 1.0 m (CH21-280)
- 6.18 g/t Au over 11.4
m, including 46.04 g/t Au over 1.0 m (CH21-280)
- 7.07 g/t Au over 9.0
m, including 50.40 g/t Au over 1.1 m (CH-288)
- 3.17 g/t Au over 17.4
m, including 16.74 g/t Au over 2.9 m (CH21-290)
- 0.85 g/t Au over 57.7
m (CH21-290)
- 0.78 g/t Au over 38.5
m (CH21-289)
Holes #270 and 280 show again the
continuity of gold mineralization in the area of
the north-eastern contact between the tonalite and the
metasedimentary rocks. The gold zones were already intersected by
holes RC-01, RC-02, #281 and #285 of the 2021 campaign, with
intervals assaying up to 2.83 g/t Au over 55.0 m and 4.90 g/t Au
over 22.0 m (ref. press releases dated 2021/12/14 and
2022/02/09).
Further to the west, from the drill holes with
assay results announced today, were intersected as expected
pluri-metric to deca-metric gold zones with grades
varying from 0.4 g/t Au to 1.8 g/t Au, including metric to
pluri-metric zones with grades from 3.0 g/t Au up to 50.0 g/t
Au.
These new diamond drilling results confirm again
the continuity of the gold mineralization in the area of the
conceptual pit defined in the 2020 Mineral Resource Estimate (see
Figure #1). This drilling data will be used in the preparation of
the next mineral resource estimate for the
Cheechoo Project, scheduled to be completed this year and which is
expected to include the conversion of a significant amount
of inferred resources to indicated resources. The summer
2021 drilling program included 30 NQ-size drill holes and 2 RC
holes totaling 6,789 meters. There are still 6 drill holes with
pending assay results.
Figure 1: Location of drill holes CH-279, 280, 286, 288 to 290
is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/1c3a82e4-0488-44f5-90e9-28cebef05911
SIGNIFICANT RESULTS OF THE 8 ANNOUNCED
DRILL HOLES
Drill Hole CH21- |
From (m) |
To (m) |
Length* (m) |
Au (g/t) |
279 |
11.2 |
42.9 |
3.46 |
31.7 |
Incl. 19.1 |
25.7 |
6.50 |
6.6 |
Incl. 19.1 |
20.1 |
28.76 |
1.0 |
Incl. 30.0 |
31.5 |
33.38 |
1.5 |
280 |
16.9 |
28.3 |
6.18 |
11.4 |
Incl. 23.1 |
24.1 |
19.23 |
1.0 |
Incl. 26.3 |
27.3 |
46.04 |
1.0 |
31.4 |
41.3 |
7.69 |
9.9 |
Incl. 34.4 |
35.4 |
68.84 |
1.0 |
64.1 |
69.8 |
2.62 |
5.7 |
Incl. 67.5 |
68.5 |
13.12 |
1.0 |
286 |
76.1 |
82.5 |
1.78 |
6.4 |
106.0 |
131.4 |
0.87 |
25.4 |
Incl. 112.0 |
115.0 |
3.76 |
3.0 |
288 |
7.6 |
47.0 |
0.43 |
39.4 |
178.0 |
187.0 |
0.66 |
9.0 |
191.5 |
217.5 |
0.38 |
26.0 |
232.0 |
241.0 |
7.07 |
9.0 |
Incl. 234.1 |
235.2 |
50.40 |
1.1 |
267.5 |
275.0 |
3.30 |
7.5 |
Incl. 269.5 |
270.8 |
11.13 |
1.3 |
279.5 |
288.1 |
0.68 |
8.6 |
291.7 |
306.0 |
1.18 |
14.3 |
Incl. 299.0 |
300.5 |
6.85 |
1.5 |
289 |
29.7 |
44.4 |
0.44 |
14.7 |
59.0 |
97.5 |
0.78 |
38.5 |
Incl. 76.3 |
77.3 |
9.65 |
1.0 |
103.5 |
120.0 |
0.40 |
16.5 |
174.8 |
184.5 |
0.52 |
9.7 |
200.5 |
223.2 |
0.75 |
22.7 |
Incl. 217.2 |
223.2 |
1.12 |
6.0 |
290 |
7.0 |
17.0 |
0.60 |
10.0 |
28.8 |
77.2 |
0.47 |
48.4 |
104.7 |
112.8 |
0.62 |
8.1 |
116.8 |
174.5 |
0.85 |
57.7 |
Incl. 133.3 |
137.3 |
6.20 |
4.0 |
Incl. 135.3 |
136.3 |
20.00 |
1.0 |
179.0 |
194.7 |
0.67 |
15.7 |
200.1 |
217.5 |
3.17 |
17.4 |
Incl. 201.1 |
204.0 |
16.74 |
2.9 |
* Length of core along hole, not true width. Intervals greater
than 0.25 g/t Au with a maximum of 3 consecutive metres of waste
rock.No significant results in holes #277 and 278 drilled more than
2 km north of the Cheechoo deposit.
A table of drill collar coordinates is available
at the following link:
www.sirios.com/bd-coordinates-drilled-20220301.
Assay Quality ControlAll NQ
drill core is logged by Sirios’ personnel at the Cheechoo
exploration camp. The drill core is then sent to Rouyn-Noranda to
be sawed in half, with one half sent to a commercial laboratory for
assaying and other half kept for future reference. A strict QA/QC
program is in place by integrating blanks and certified reference
standards to the core sample sequence. The samples are assayed for
gold by fire assay with an atomic absorption finish by Actlabs.
Samples assaying greater than 0.2 g/t Au as well as drill core
samples with visible gold are assayed by fire assay with metallic
sieve on a 1-kg sample. Special certified reference standards
(Assay Pills) were used to ensure adequate quality control of gold
assays on 1-kg of material.
The scientific and technical content of this
press release has been reviewed and approved by Dominique Doucet,
P.Eng. president and CEO of Sirios Resources Inc. and Jordi
Turcotte, P.Geo. senior geologist, both qualified persons under
National Instrument 43-101.
About the Cheechoo PropertyThe
Cheechoo gold property, wholly-owned by Sirios, is located in Eeyou
Istchee James Bay, Quebec, less than 9 km from Newmont’s Eleonore
gold mine. The latest resource estimate for the Cheechoo project
(October 2020) estimated an inferred resource of 2.0 million ounces
of gold contained in 93.0 million tonnes of rock at an average
grade of 0.65 g/t Au, with significant potential to increase this
resource (BBA, P-L. Richard, P. Geo.; J. Torrealba, P. Eng.; D.
Evangelista, P. Eng., NI 43-101 Technical Report, Mineral Resource
Estimate Update for The Cheechoo Project, 31/10/2020).
About SiriosA pioneer in the
discovery of significant gold deposits in Eeyou Istchee James Bay,
Quebec, Canada, Sirios Resources Inc. is focusing primarily on its
Cheechoo gold discovery, while actively exploring the gold
potential of its other properties.
Forward-Looking Statements:This
press release contains "forward-looking statements" within the
meaning of applicable Canadian securities laws based on
expectations, estimates and projections as of the date of this
press release. Forward-looking statements involve risks,
uncertainties and other factors that could cause actual events,
results, performance, expectations and opportunities to differ
materially from those expressed or implied by such forward-looking
statements. Factors that could cause actual results to differ
materially from those indicated in such forward-looking statements
include, but are not limited to: capital and operating costs that
differ materially from estimates; the tentative nature of
metallurgical test results; delays or failures in obtaining
required governmental, environmental or other approvals;
uncertainties related to the availability and cost of necessary
financing in the future changes in financial markets; inflation;
fluctuations in metal prices; delays in project development; other
risks relating to the mineral exploration and development industry;
and risks disclosed in public filings of the Company on SEDAR at
www. sedar.com. Although the Company believes that the assumptions
and factors used in preparing the forward-looking statements
contained in this news release are reasonable, readers should not
place undue reliance on this information, which speaks only as of
the date of this news release, and there can be no assurance that
such events will occur or occur within the time periods presented.
The Company disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
applicable law.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the Rules of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contact :Dominique Doucet, President, CEO,
Eng.Tel.: (514) 918-2867ddoucet@sirios.comwebsite
: www.sirios.com
Sirios Resources (TSXV:SOI)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Sirios Resources (TSXV:SOI)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024