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Sirios Resources Inc.
Summary
| Project: | Cheechoo | |
|---|---|---|
| Deposit: | Cheechoo | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-3-2019: Sirios Resources Inc. announces an Exploration/Drilling Update report for its Cheechoo deposit at the Cheechoo project. Drilling results incl. 7.0m @ 50.2g/t Au from 59.0m. MONTREAL – Management of SIRIOS Resources Inc. (TSX-V: SOI) is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jordi Turcotte, Dominique Doucet (Internal) | |
| ABSTRACT: | MONTREAL – Management of SIRIOS Resources Inc. (TSX-V: SOI) is pleased to announce results of the first six drill holes of the current drilling campaign on the Cheechoo gold property. Best results of the Eclipse zone include drill holes #199, 201, 202 and 204. Five of six drill holes intersected the Eclipse high-grade gold zone at the expected depths, hence confirming its continuity. The zone forms an East-North-East trending plain, dipping at approximately 65 degrees to the North-West. It can be traced laterally over approximately 150 metres and down dip for more than 130 metres. Its true width ranges from 0.9 m to 3.0 m as shown on the longitudinal section. The Eclipse zone remains open along strike and at depth. Additional holes are being drilled to continue testing this zone. The Eclipse gold zone is located at approximately 750 metres west to the main area. It is interpreted as being the depth extension of the high-grade vein systems of the Moni surface showing, located on the neighbouring Eleonore South property (ref. October 17, 2017 Eastmain Res. Press Release), only a few metres from the common border of both properties. The zone is characterized by the presence of disseminated coarse free gold in a variable network of pegmatite dikes and veins ranging from quartz-feldspar with the characteristic ‘giraffe’ texture to stockwork veinlets composed of gray quartz. Dominique Doucet, President, states: "We are proud of the work accomplished by our team, who with the interpretation of the geological data, demonstrated the continuity of the high-grade gold veins systems. The near-surface gold-rich veins such as the Eclipse zone represent an important asset for our Cheechoo project. These veins could provide a greater flexibility to future mining development." | |
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