DIOS UPDATES FIELDWORK ON THREE GOLD PROPERTIES IN THE LOWER EASTMAIN DEFORMATION ZONE, JAMES BAY, QUEBEC Montréal (Québec) Canada- DIOS EXPLORATION completed exploration campaigns on three wholly-owned gold projects in pr ospective Quebec Lower Eastmain
DIOS EXPLORATION
TSX-V: DOS October 9, 2018
DIOS UPDATES FIELDWORK ON THREE GOLD PROPERTIES IN THE LOWER
EASTMAIN DEFORMATION ZONE, JAMES BAY, QUEBEC
Montréal (Québec) Canada- DIOS EXPLORATION completed exploration
campaigns on three wholly-owned gold projects in pr ospective Quebec Lower Eastmain
Deformation Zone, James Bay Eeyou Istchee, which are AU33 , CLARKIE and K2 .
Advices were forwarded to DIOS last week from Val d’Or Assay Office confirming
receipt of 366 rock samples taken recently on these 3 properties. Rock sample processing
is being undertaken. DIOS is expecting the gold results in the short term (ma ybe a little
longer for base metals) and took 183 B-horizon soil samples when not outcropping.
First on AU33 , prospecting targeted strategic parts of this larg e property. CLN gold
discovery extents (Chain Lake North) were explored and sampled in strike extent of 3.26
grams per tonne gold over 6 m true width in a wider interval of some 2 g/t gold over 11
m. Chain Lake South and Chain Lake West (1 km west ) were prospected and sampled
(rocks and soils) as well as the ROBINO (37 g/t gol d) induced polarization anomaly,
which was soil sampled to define drill targets. Ad joining eastwest Chain Lake break had
returned very strong anomalous gold-in-soil anomalies in that area along a 1.75 km strike
also giving high potential to this whole area 4 km north of HEBERTO GOLD.
A several sq. kilometer area that is not outcroppin g some 8 km east of HEBERTO gold
showing was soil sampled. There were two magnetic horizons in the fold nose. The
most eastern one showed induced polarization (IP) a nomalies and some were drill tested
with some short holes. Some foliated tonalite dyke s returned up to 1.56 g/t gold /1 m &
1.02 g/t gold / 2 m. The western magnetic tonalite horizon is bush covered, has no IP
anomalies and was not yet tested: a B-horizon soil survey was completed on that horizon
in its nose and northern flank to define drill targ ets. This specific marker horizon was
previously mapped upice (highest assay: 0.8 g/t gold) in the fold northern flank.
So a group of unexplained high gold-in-till anomali es (0.576; 0.619; 0.731; 0.777;
1.255; 1.390; 2.090 g/t gold in heavy mineral co ncentrates) is located upice of
HEBERTO GOLD, a local source is suspected, but the area is covered by till drumlins
and poorly outcropping.
Secondly , on the other hand, DIOS pursued exploration still further upice of these g old-
in-till anomalies: some 25 km north-east in the ice flow direction was discovered by
DIOS the Wacky gold showing (8.8 g/t gold and 6.8 g/t g old) on CLARKIE . See Sept.
19 press release. Recent lateral prospecting uncov ered a pyritized sedimentary unit very
strongly altered in silica and sericite over at the very least 3 km in strike and 20-25 m
large, with a sub-vertical dip, so the surface outc rops represent a rather true width. After
much prospecting in the CLARKIE sedimentary basin, this is the first time DIOS hits
such pyrite, silica and sericite contents and alter ations. THESE ARE NOT QUARTZ
VEINS, but rather pervasive silica alteration. Som e 195 rock samples (incl.19 quality
control samples) and 64 B-horizon soils were taken and the rock surface can often be
reached with a shovel when digging for soil samples.
Thirdly , several tens of km more to the west of AU33 , still along the Lower Eastmain
Deformation Zone, the K2 property was prospected and sampled, particularly on its new
promising Far West claims and the WI (west inputs) target, that had returned 6.72 g/t
gold in a very large sub-in place dacitic boulder and up to 0.283 g/t gold in soils.
DIOS ’ team is very enthusiastic about rocks and alterat ion identified and is awaiting
results with expectancy. DIOS’ AU33 gold property is road accessible 50 km south of
Eleonore world-class gold mine and 15 km west of Cl earwater gold deposit. This release
was prepared by MJ Girard, M.Sc. Geo 43-101 QP.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Marie-Jose Girard, President & CEO [email protected]
Tel. : (514) 923-9123
WWW.DIOSEXPLO.COM