Pontax–lithium : Up to 0,97% LI2O over 21 m. Intersected by Diamond Drilling and 1,03% LI2O over 19 m. in Channel Sampling
TSX-V : SOI TSX-V : DOS
November 25, 2009
PONTAX–LITHIUM : UP TO 0,97% LI2O OVER 21 M. INTERSECTED BY DIAMOND DRILLING AND 1,03% LI2O OVER 19 M. IN CHANNEL SAMPLING
MONTREAL (QUEBEC) – Officers of SIRIOS RESOURCES INC. and DIOS EXPLORATION INC. are pleased to announce the results from diamond drilling and channel sampling from the PONTAX – LITHIUM property in James Bay, Quebec. The drilling and the channel sampling confirm the lithium mineralised zone over width varying from 10 up to 50 meters down to a vertical depth of 60 meters under the surface and over a strike length of more than 425 meters. The zone is open at depth and on strike. The main assays results are shown on the two following tables :
Table of channel sampling assay results
| Channel | Location | From (m) | To (m) | Width (m) | Li2O (%) |
|---|---|---|---|---|---|
| 1 | 0+00 | 0 | 33 | 33 | 0.76 |
| Incl. | 17 | 32 | 15 | 1.16 | |
| 2 | 0+50 W | 0 | 48 | 48 | 0.68 |
| Incl. | 25 | 41 | 16 | 0.94 | |
| 3 | 0+75 W | 0 | 32 | 32 | 0.80 |
| Incl. | 0 | 3 | 3 | 1.46 | |
| Incl. | 11 | 30 | 19 | 1.03 | |
| 4 | 1+00 W | 0 | 25 | 25 | 0.87 |
| Incl. | 15 | 24 | 9 | 1.31 | |
| 5 | 1+50 W | 0 | 21 | 21 | 0.57 |
| Incl. | 2 | 4 | 2 | 2.34 | |
| 6 | 2+00 W | 0 | 26 | 26 | 0.70 |
| Incl. | 18 | 25 | 7 | 1.67 | |
| 7 | 3+75 W | 0 | 5 | 5 | 2.59 |
Table of diamond drilling assay results (Grades greater than 0.80% Li2O only)
| Hole # | Collar | From (m) | To (m) | Width (m) | Li2O (%) |
|---|---|---|---|---|---|
| 09-01 | 0+50 E | 46.85 | 65.85 | 19.0 | 0.91 |
| incl. | 46.85 | 55.85 | 9.0 | 1.69 | |
| 99.00 | 104.20 | 5.2 | 0.89 | ||
| 119.00 | 121.00 | 2.0 | 0.50 | ||
| 09-02 | 0+00 | 38.00 | 41.00 | 3.0 | 0.88 |
| 44.25 | 45.25 | 1.0 | 0.86 | ||
| 98.50 | 111.50 | 13.0 | 1.10 | ||
| 09-03 | 0+50 W | 15.35 | 17.35 | 2.0 | 1.31 |
| 31.00 | 36.00 | 5.0 | 1.09 | ||
| 83.00 | 95.00 | 12.0 | 1.38 | ||
| 09-04 | 1+00 W | 31.50 | 34.50 | 3.0 | 0.95 |
| 59.50 | 60.50 | 1.0 | 1.32 | ||
| 79.00 | 81.00 | 2.0 | 0.97 | ||
| 87.00 | 90.00 | 3.0 | 1.01 | ||
| 09-05 | 1+50 W | 29.00 | 30.50 | 1.5 | 0.80 |
| 36.00 | 57.00 | 21.0 | 0.97 | ||
| incl. | 36.00 | 49.00 | 13.0 | 1.43 | |
| 56.00 | 57.00 | 1.0 | 1.06 | ||
| 66.00 | 68.00 | 2.0 | 1.25 | ||
| 82.00 | 83.00 | 1.0 | 1.14 | ||
| 86.00 | 89.00 | 3.0 | 0.90 | ||
| 09-06 | 2+00 W | 5.00 | 12.00 | 7.0 | 0.82 |
| 47.65 | 49.65 | 2.0 | 1.01 | ||
| 65.50 | 69.00 | 3.5 | 0.91 | ||
| 89.75 | 92.85 | 3.1 | 1.11 | ||
| 09-07 | 2+75 W | 54.00 | 55.80 | 1.8 | 0.93 |
| 74.20 | 79.00 | 4.8 | 1.01 |
True widths are approximately 85% of intersected widths.
Thickness of the pegmatites, which are found in mafic volcanic rocks, generally vary between 3 to 5 metres in thickness but can also reach up to 13.5 metres. The pegmatites are mineralized in spodumene (lithium mineral) whereas many of the volcanic rocks contained holmquistite, another lithium mineral.
Seven series of channel samples composed of 1 metre each were spread over a 400 metre portion of the pegmatitic lithium swarm. All drilling core samples (488) and channel samples (205) were assayed at the Actlabs laboratories in Ancaster, Ontario. A strict QA/QC program was followed which included mineralized standards and blanks for each batch of samples. Sodium peroxide was used to dissolve the samples and were assayed by ICP-AES and ICP-MS. Lithium assays results were converted into Li2O % (1% Li equals 2.15% Li2O).
This press release was prepared by Dominique Doucet, P. Eng., President of SIRIOS, and M.J. Girard, M.Sc P. Geo, President of DIOS, Qualified Persons.
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. -30-
Contact :
Dominique Doucet, President Marie-José Girard, President [email protected] [email protected] Tel. : (514) 510-7961 Tel. : (514) 510-7962 or 483-5149 Fax: (514) 510-7964 Fax : (514) 510-7964 Website: www.sirios.com Website : www.diosexplo.com