DIOS obtains drilling permits and contract is signed for AU33 drill program
01 October 2019 - 1:35AM
DIOS EXPLORATION obtained drilling authorization
permit on Friday September 27 and thus signed contract to drill
wholly-owned (no royalties) AU33 gold property, road accessible
along strategic 20 km long segment of favourable Lower Eastmain
Greenstone belt, James Bay Eeyou Istchee, Quebec. Summer
field program defined more precise new drill targets. Some
2,500 m will be completed in three new areas of large
property.
Robino magmatic hydrothermal breccia, located 3.5 km north of
Heberto gold-bearing occurrences, will be drilled: a circular low
magnetic anomaly, a good northeast striking ground induced
polarization anomaly south of Robino Breccia returning clustered
anomalous gold-in-soils of 17, 26 & 13 ppb gold (press releases
Dec. 12, 2018 and Sept. 4, 2019), and a north-south striking
gold-bearing structure and associated high grade flat structures
east of breccia margin, striking south towards eastern flank of
circular magnetic low.
A favourable tonalite sill (WTS) located 6 km of Robino,
previously yielding up to 269 ppb gold in soil (and 800 ppb gold in
rocks), contains several northeast crosscutting structures drill
targets. This gold-bearing magnetic tonalite sill horizon is
folded some 3 km southeast and will be tested in fold hinge.
This western magnetic sill horizon was never drilled
before.
The AU33 property hosts Mitsumis pluton overlain by volcanics
intruded by felsic plugs and sill horizons. Several gold
mineralization occurrences are strongly controlled by altered NNW
and NE structures, including Heberto zone (2.13 g/t gold over 23 m;
2 g/t gold over 22 m; 3.65 g/t gold over 13 m (1.15 g/t
on 64 m); 5.2 g/t over 5 m) and CLN shear (2 g/t gold over 11 m
(3.26 g/t gold over 6 m)). Further news will be released
shortly, pending results. This press release was prepared by
M.J. Girard, M.Sc. Geo and 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.
Marie-José Girard, President & CEO
mjgirard@diosexplo.com Tel. : (514)
923-9123 www.diosexplo.com
Dios Exploration (TSXV:DOS)
Historical Stock Chart
From Jul 2024 to Aug 2024
Dios Exploration (TSXV:DOS)
Historical Stock Chart
From Aug 2023 to Aug 2024