DIOS 33 CARATS GOLD &
DIAMOND PROJECT: A GOLD TONALITE TARGET DELINEATED & MAP PUBLISHED;
DRILLING PLANNED FOR DIAMOND POTENTIAL
MONTREAL, QUEBEC, CANADA - DIOS EXPLORATION is very pleased to report
the delineation of a GOLD TONALITE TARGET (gold porphyry potential)
hosted within a nosefold of volcanic rocks on its
wholly-owned 33 CARATS diamond-gold project, which project is located adjacent
to the Eastmain Resources Eastmain gold mine deposit and the Stornoway Renard advanced diamond
project, Otish region, Quebec.
DIOS recently increased its land position in the Southern Blocks of this
33 CARATS project by map-staking 69 new mining cells (up to 230 cdc or 120 square kilometers). The whole 33 CARATS
diamond-gold project totals 877 cdc
for 460 square kilometers in the Upper Eastmain
river area.
The
southern part of the 33 CARATS property is also overlying part of the Eastmain
greenstone volcanic belt, hosting the Eastmain
gold mine (in operation in the nineties). Advanced glacial studies
completed by DIOS over the years outlined a 15-20
km x 3-5 km
well-structured gold north-east anomalous dispersal train. The glacial gold
train is composed of 80 till samples including 13 samples (16%) over 0.25
grams gold per ton and 4 samples over 0.50
grams gold per ton including 0.519, 0.583, 1.165, 2.090
grams gold per ton (all from heavy mineral
concentrates). The head source of this gold dispersal train is pointing
out towards the volcanic belt wrapping around a tonalitic
complex on DIOS ground. It shows a lot of similarities with the gold
dispersal train recently discovered by DIOS on its wholly-owned U33 project
located a few hundreds kilometres more to the west in
the lower Eastmain River Area. DIOS is looking forward to develop the 33
CARATS GOLD PROJECT alone or through partnership. See map:
http://diosexplo.com/pdfs/Dios33caratsPresentationC2.pdf
Last
summer, the 33 CARATS DIAMOND EXPLORATION PROGRAM consisted in
the surface prospecting of some 95 geophysical targets for diamondiferous kimberlite outlined by an independent geophysicist from
processing several detailed geophysical surveys, following results from
indicator mineral sampling campaigns over the years. These targets were mainly
located on the new blocks designated last winter that are adjacent (10-20
km) to Stornoway Renard diamond deposit property. On each target, the
immediate vicinity (100-200 m
diameter) of the center of the anomaly was prospected for outcrops, as well as
the down-ice area (500-1000 m)
for possible glacial floats. Twelve (12) of the checked anomalies were
explained by the occurrence of magnetic granite outcrops and therefore
eliminated as potential drill targets. A selection among the best
remaining targets should be eventually drilled later this year.
The
technical content of this press release was prepared by H. Desbiens,
M.Sc., P.Geo, a Qualified
Person pursuant to National Instrument 43-101.
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.
Contact :
Marie-Jose Girard, President
& CEO
mjgirard@diosexplo.com
Tel. : (514) 483-5149
Fax : (514)
510-7964
Website : www.diosexplo.com