Sirios is ready for its maiden resource estimate on Cheechoo
TSX-V: SOI December 5, 2018
Sirios is ready for its maiden resource estimate on Cheechoo
MONTREAL, QUEBEC- Management of SIRIOS (TSX VENTURE: SOI) is pleased to
announce assay results of the last three drill holes of the 2018 campaign, totaling 801 metres,
undertaken on the Cheechoo gold property.
Dominique Doucet, President of the company, states: “Drill holes completed this year produced
highly satisfactory results. They will allow the company, by mid 2019, to produce a maiden gold
resources estimate as well as significant metallurgical tests. I would like to thank our remarkable
exploration team for the quantity and the quality of work undertaken at Cheechoo.”
- Drill holes #190 and 196 demonstrate the vertical continuity close to surface of the gold
mineralization intersected in drill holes #91, 122 and 132 within the tonalite close to
the contact with meta-sediments.
- The extension of drill hole #33 (33E) crossed a zone of intense alteration to then
intersect multiple good gold intersections, confirming like the grade of adjacent drill
holes, that the mineralization continues on the other side of the alteration zone.
Significant results are indicated in the table below.
Drill
holes
#CH18-
From To Length Au (g/t)
033E
119.0 121.8 2.8 9.2
136.0 221.4 85.4 0.8
incl. 136.0 154.0 18.0 1.1
incl. 149.2 150.0 0.8 11.6
incl. 162.5 193.9 31.4 0.9
incl. 200.5 221.4 20.9 0.8
241.1 286.5 45.4 0.7
190
8.2 161.7 153.5 0.6
incl. 17.5 32.5 15.0 0.9
incl. 64.5 96.5 32.0 1.2
incl. 104.0 161.7 57.7 0.5
196
21.0 22.5 1.5 9.3
30.3 37.5 7.2 4.2
Drill
holes
#CH18-
From To Length Au (g/t)
196 incl. 36.0 37.5 1.5 17.4
112.6 178.5 65.9 1.3
incl. 112.6 153.0 40.4 1.7
incl. 123.0 126.0 3.0 18.6
incl. 160.5 178.5 18.0 1.0
* Interval along the hole, True width unknown
The last drill holes successfully completed the 2018 program including the 50 m -drill hole grid
pattern of the Main Area, where the current dimensions are approximately 500 m by 500 m. Based
on the positive results of this drilling campaign, the mineralization remains open at depth and
laterally towards the west and north-west.
A table of collar coordinates is available at the following link:
http://www.sirios.com/bd-coordinates-drilled-20181205/
Fifty-five NQ drill holes and three PQ drill holes were completed in 2018 totaling 15,720 metres,
bringing the cumulative total on the property to 198 drill holes for 50,743 metres.
Sirios’ 100% owned Cheechoo property is located in the Eeyou Istchee James Bay region of
Quebec, approximately 800 km north of Montreal, 200 km east of Wemindji and less than 10 km
from Goldcorp’s Éléonore gold mine.
Assay quality control
All NQ drill core was described by Sirios personnel at the Cheechoo exploration camp. The drill
core was then sent to Rouyn- Noranda to be sawed in half, with one half sent to a commerci al
laboratory for assaying and other half kept for future reference. A strict QA/QC program was
followed by integrating blanks and certified reference standards to the core sample sequence. The
samples were assayed for gold by fire assay with an atomic absorption finish by Actlabs in Ste -
Germaine-Boulé. Samples assaying greater than 2 g/t Au as well as drill core samples with visible
gold were assayed by fire assay with metallic sieve based on a 1 kg sample.
Jordi Turcotte, MSc., Geo., and Nicole Gauthier, MSc., Geo, Qualified Persons pursuant to
National Instrument 43 -101, have prepared and verified the technical information of this press
release, as well as reviewing the final text.
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-
For information, contact:
Dominique Doucet, Eng., President, CEO [email protected]
Nicole Gauthier, Exploration Manager, [email protected]
Tel.: (514) 510-7961