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Sirios Resources Inc.
Summary
| Project: | Cheechoo | |
|---|---|---|
| Deposit: | Cheechoo | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-5-2017: Sirios Resources Inc. announces an Exploration/Drilling Update report for its Cheechoo deposit at the Cheechoo project. Drilling results incl. 3.0m @ 53.8g/t Au from 425.0m. Management of SIRIOS Resources Inc. (TSX-V: SOI) is pleased to announc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jordi Turcotte, Jacquelin Gauthier (Not stated) | |
| ABSTRACT: | Management of SIRIOS Resources Inc. (TSX-V: SOI) is pleased to announce the discovery of a new gold zone at depth in meta-sediments on the Cheechoo Gold Property, in James Bay, Quebec. This discovery could become a major new development in the ongoing exploration program on Cheechoo as the new gold zone is within wackes very similar to the ones hosting the Éléonore Mine gold deposit, some 15 kilometres to the north-west. This press release presents the latest assay results of five drill holes of the Winter 2017 drilling program. Interesting results were also obtained within the tonalite. The new meta-sediments gold zone intersected by holes 98 and 82E, is close to a contact with the tonalite at a vertical depth of 500 metres. It consists of weakly chloritized fine-grained wackes with about 25% biotite, 10% amphibole, 1 to 3% pyrrhotite and 1 to 3% arsenopyrite. Several gold specks were observed in some quartz veinlets but also free in the wackes. Dykes of pegmatite and tonalite crosscutting the sediments also yielded gold values. Core angles of the bedding, the veinlets and the dykes were variable, rendering any interpretations premature. Overall, the gold distribution is more uniform than what it is usually observed in the tonalite, with no high values required to be capped. This new discovery will be followed-up in detail in upcoming drilling campaigns. | |
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