Drilling campaign planned on large-scale AU33 gold project targeting fold nose 8.5 km east of Heberto gold discovery
DIOS EXPLORATION INC.
TSX-V : DOS
August 30, 2017
Drilling campaign planned on large-scale AU33 gold project targeting
fold nose 8.5 km east of Heberto gold discovery
MONTRÉAL, QUEBEC, CANADA - DIOS EXPLORATION is pleased to report
drilling campaign planning is in progress on large-scale AU33 gold project, James Bay
Eeyou Istchee, Quebec. Exploration drilling will a lso focus on fold nose target, a folded
mineralized and magnetic tonalite sill horizon with quartz stringers , jammed in
folded volcanic horizons, 8.5 km east of Heberto gold discovery.
This folded horizon drilling target is located up-i ce of a group of strong gold-in-till
anomalies and the Chain Lake structure goes straigh t through the fold nose hinge.
Structures and fold nose hinges help to concentrate gold and are good places to lo ok for
gold enrichment and a gold deposit .
DIOS ’ personnel recently prospected two circular low-ma g anomaly targets within a
magnetic diorite in the fold nose area. The area is poorly outcropping, covered by till
drumlins. A 10 x10 m angular glacial boulder field was sampled (3 grabs). It is
dominantly composed of angular metric boulders (pro ximal source) of magnetic tonalite
injected by 3-5% cm quartz stringers and hosting 0. 5-3% disseminated pyrite . This
specific marker horizon was previously mapped up-ic e (highest assay 0.8 g/t gold) in the
northern flank of the fold and has a good magnetic signature. DIOS is targeting gold
enrichment in the folded part of the horizon
Heberto Gold is located in the middle of the signif icant gold glacial train whereas this
fold nose target area is at the head of the gold train, suggesting a major gold source.
The AU33 project hosts a regional east-west striking deep st ructure (Chain Lake Break)
along which numerous significant gold occurrences s uch as Eastmain Clearwater deposit
and Osisko Mustang-Wabamisk gold systems are presen t. Along this favourable break,
an area with complex cross-cutting subsidiary struc tures was targeted and Heberto Gold
gold was thus discovered as well as other gold showings.
The CLN (Chain Lake North) gold showing, 2 km north of Heberto, was revisited
recently by DIOS . Previous CLN sampling yielded values from 2 to 12 .65 g/t gold. Nine
grab-samples were just taken along a 75 meter strik e of the mineralized altered structure.
Mineralization is typically a 5-15 m wide foliated altered (biotite-rich/quartz-
pyrite/potassic feldspar bands) zone within tonalit ic rocks. Pyrite contents in foliated
zone vary from 1 to 10 %, averaging 2-5 %. It is quite similar to the Heberto gold
zone , but steeper. The CLN zone is bordered to the nort h by hematized epidotized
magnetic tonalite. This is another very good drilling target.
In addition to Heberto Gold discovery, where 3-D s tudies are in progress to further
delineate drilling targets, DIOS is looking forward to pursue exploration work on o ther
AU33 gold targets. 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
Tel. : (514) 923-9123
www.diosexplo.com