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Sirios Resources Inc.
Summary
| Project: | Cheechoo | |
|---|---|---|
| Deposit: | Cheechoo | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/4/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-10-2016: Sirios Resources Inc. announces an Exploration/Drilling Update report for its Cheechoo deposit at the Cheechoo project. Drilling results incl. 160m @ 1.2g/t Au from 189m. MONTREAL – Management of Sirios (TSX-V: SOI) is pleased to announce the f | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dominique Doucet (Internal) | |
| ABSTRACT: | MONTREAL – Management of Sirios (TSX-V: SOI) is pleased to announce the first results of the ongoing diamond drilling campaign. The results of the first four drill holes have been received. Grades of 11.2 g/t Au over 5.8 metres including 56.2 g/t Au over 1.1 metres and 5.9 g/t Au over 8.8 metres including 40.6 g/t Au over 1,0 metre have been obtained in the extension of drill hole #25 (#25 ext). Drill hole #57 has intersected 7.4 g/t Au over 3.5 metres while drill hole #59 intersected multiple sections grading between 1.4 g/t Au and 7.8 g/t Au over widths ranging between 1 to 5.7 metres. These first drill holes extend toward south-east zones already identified in the tonalite. Note that the complete extension of drill hole #25, down to a depth of 349 metres, yielded a weighted average grade of 1.2 g/t Au over 160 metres. Until now, twenty seven NQ drill holes have been completed, as well as the extension of drill holes #25 and 52, for a total of approximately 6,930 metres drilled, which is close to 70% of the Summer-Autumn 2016 drilling program. A pause in the drilling program is expected in order to allow the receipt of assay results from already completed holes to optimize the positioning of upcoming ones. Currently, samples of almost all completed drill holes have been sent to the laboratory for assay. The next series of results should be available and released at an interval of approximately two to three weeks. | |
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