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Sirios Resources Inc.
Summary
| Project: | Cheechoo | |
|---|---|---|
| Deposit: | Cheechoo | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/11/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-12-2019: Sirios Resources Inc. announces a Resource Estimation report for its Cheechoo deposit at the Cheechoo project. Initial mineral resource estimate for project. MONTREAL, QUEBEC– Management of SIRIOS RESOURCES INC. (TSX-V: SOI) is pleased to anno | |
| Resources: | (Resource, Inf.): 71Mt @ 0.69g/t Au for 1.6Moz Au contained | |
| CP/QP: | [Resources]: Pierre-Luc Richard (BBA Inc.) | |
| ABSTRACT: | MONTREAL, QUEBEC– Management of SIRIOS RESOURCES INC. (TSX-V: SOI) is pleased to announce its maiden resource estimation on the Cheechoo gold property, wholly owned by Sirios, located in Eeyou Istchee James Bay, Quebec. This resource estimation (Table 1) excludes the gold mineralization outlined between the south side of the current resource pit and the southern border of the property, as shown in the figures below (Figures 1 and 2). This maiden mineral resource is situated 100% on Sirios’ property and is tabulated based on the variable sensitivities to the cut-off grade in Table 2. Dominique Doucet, President and CEO, states "We are very pleased with our maiden mineral resource estimation for the Cheechoo project. This is a significant milestone for the company, and we are quite confident that in the near future, we can increase the grade and size of the deposit with additional work and negotiations with adjacent property owners. Our project has numerous positive characteristics, that include excellent gold recovery, as shown by our recent metallurgical work, a low strip ratio of 1.1:1, proximity to existing infrastructure and excellent exploration potential, to name a few." | |
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