Sirios Resources Inc.

Published : September 07th, 2017

Latest drilling results on SIRIOS' Cheechoo project

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Latest drilling results on SIRIOS' Cheechoo project

MONTREAL, QUEBEC--(Marketwired - Sep 7, 2017) - Management of SIRIOS Resources Inc. (TSX VENTURE:SOI) is pleased to announce assay results for the last eight diamond drill holes (#36E, and #101 to 107) completed on the Cheechoo Gold Property, in Eeyou Istchee James Bay, Quebec. Main results consist of large, low grade gold intercepts in tonalite, as for example:

  • 49.1 m at 1.73 g/t Au including 4 m at 15.2 g/t Au in hole #103;
  • 117 m at 0.53 g/t Au in hole #106;
  • 55.9 m at 0.59 g/t Au in hole #104;
  • 46.1 m at 0.52 g/t Au in hole #36E.

Results published in this press release finalize the Winter 2017 drilling campaign completed in April for a total of 5,397 meters including 14 NQ drill holes (#94 to 107) and extensions of drill holes #36, 37, 58 and 82. A dozen drill holes intersected numerous gold bearing areas consisting of low grade zones including occasionally very high grade metric zones. In addition, auriferous mineralization was confirmed at vertical depths down to 500 meters in both meta-sedimentary and tonalitic rocks. Drill holes extended the Central auriferous mineralization area toward the north-west, and also, more to the west that has become the West area. (press releases March 6, May 9 and 30, 2017)

Dominique Doucet, President, states: "Results of our last drilling campaign are most encouraging, they will allow our drilling exploration pursuit on numerous high potential targets. Recently, we have also obtained valuable structural data from a logging survey in some drill holes. These data will help us to locate and define the geometry of numerous gold zones on Cheechoo."

MAIN ASSAY RESULTS - CHEECHOO PROJECT- CENTRAL AREA
DRILL HOLES #36E, #101 to 107
Drill hole
CH-17-
From
(m)
To
(m)
Width
(m)*
Au
(g/t)
36E 109.9 156.0 46.1 vg 0.5
274.5 283.0 8.5 vg ms 1.6
101 64.1 88.0 23.9 0.6
incl. 64.1 70.1 6.0 1.0
102 132.0 144.0 12.0 0.5
158.0 159.5 1.5 3.1
103 155.5 204.6 49.1 1.7
incl. 155.5 159.5 4.0 15.1
incl. 155.5 157.0 1.5 vg ms 36.0
284.5 294.5 10.0 0.6
104 68.4 96.3 27.9 0.7
105.4 148.0 42.6 0.6
183.0 205.0 22.0 vg 0.5
237.5 293.4 55.9 0.6
105 25.5 36.0 10.5 0.7
79.3 80.4 1.1 vg ms 2.4
103.0 133.0 30.0 0.5
106 17.5 134.5 117.0 vg 0.5
incl. 17.5 24.0 6.5 1.7
incl. 129.9 134.5 4.6 vg ms 1.5
107 285.5 287.0 1.5 ms 2.7
*: Interval along the hole, True width unknown.
vg: Visible gold
ms: Gold grade obtained by fire assay with metallic sieve

The extended delay for the release of assay results are due to, among other things, cumulative time for: sending core from the field site to the sawing center, half-core samples preparation, preparation and undertaking of numerous assays over the total length of each drill hole at a commercial laboratory, re-assays by metallic sieve as well as Sirios's internal assay quality control procedure.

A table of all assays encompassing described intervals in the table above is available on the Sirios website at the following link: http://sirios.com/files/Detail-composite-170907.pdf

A location map of drill holes as well as their coordinates are available at following links:
http://sirios.com/images/carte-2017-09-07.jpeg

http://sirios.com/files/Coordinates.pdf

Sirios's fully owned Cheechoo property is located at Eeyou Istchee James Bay, Quebec, at 800 km north of Montreal, 200 km east of Wemindji and less than 10 km of the Éléonore gold mine of the producer Goldcorp.

Assay quality control

All NQ drill cores were described by Sirios personnel at the Cheechoo exploration camp. They were then sent to Rouyn-Noranda to be sawed in half, with one half sent to a commercial laboratory for assaying and other half retained as future reference. A strict QA/QC program was followed by integrating blanks and standards to core samples sequence, all of which were prepared by Services Technominex Inc. of Rouyn-Noranda. They were then assayed for gold by fire assay and atomic absorption finish by Actlabs in Ste-Germaine-Boulé, close to Rouyn-Noranda. Samples grading more than 3 g/t were repeated at the lab. Drill core samples with visible gold or from suspected gold zones were assayed by pyro-analysis with metallic sieve from a sample of about 1 kg.

Jordi Turcotte, MSc., Geo., Qualified Person pursuant to National Instrument 43-101, has prepared and verified the technical information of this press release, as well as reviewing the final text.

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.

Read the rest of the article at https:
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Sirios Resources Inc.

EXPLORATION STAGE
CODE : SOI.V
ISIN : CA8299085081
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Sirios Res. is a gold exploration company based in Canada.

Sirios Res. holds various exploration projects in Canada.

Its main exploration properties are TILLY, CHEECHOO, KUKAMES, MURDOCH, OPINACA NORTH, PONTAX, SHARKS, AQUILON EXTENSION, ESCALE and AQUILON in Canada.

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Corporate Presentations of Sirios Resources Inc.
2/6/2013Corporate presentation
Financings of Sirios Resources Inc.
9/23/2013Announcement of a $400,000 Financing
7/4/2013Closing of Private Placement for $88,000
6/26/2013Private Placement Announcement of $100,000
5/29/2013Second Closing of Private Placement for $151,780
5/16/2013First Closing of Private Placement for $267,180
6/23/2011Private Placement Totals $1,833,600
6/13/2011Increase of Private Placement Financing Up to $2,290,000
5/5/2011Private Placement Totals $829,260
4/8/2011Private Placement in Progress
Nominations of Sirios Resources Inc.
4/14/2015Didier Mekki Appointed to Sirios Board of Directors
3/30/2011Resignation of a Director
Project news of Sirios Resources Inc.
9/14/2016Sirios Completes the Acquisition of Aquilon Property
12/8/2014(Cheechoo)Two gold zones on CHEECHOO: 7.24 g/t Au over 7.9 m and 1.53g...
10/31/2013(Cheechoo)Updates on the Cheechoo Gold Project Drilling Campaign, Jame...
10/22/2013(Cheechoo)Updates on the Ongoing Drilling Campaign on the Gold Cheecho...
10/15/2013(Cheechoo)Visible Gold Observed in the First Drill Hole of The Ongoing...
9/4/2013(Cheechoo)Visible Gold Detected in Drill Core Samples from the Cheecho...
8/21/2013(Cheechoo)Technical Report Filed and Updates on the Cheechoo Gold Prop...
6/19/2013Sirios Plans on Acquiring 100% of the Cheechoo Gold Project,...
6/19/2013(Cheechoo)Plans on Acquiring 100% of the Cheechoo Gold Project, James ...
4/9/2013Sirios Increases its Interest in the Cheechoo Gold Project/O...
4/9/2013(Cheechoo)Increases its Interest in the Cheechoo Gold Project/Opinaca ...
2/12/2013(Cheechoo)Drill Hole #3 Yields 0.65 g/t in Gold Over 128.6 Metres Incl...
10/30/2012(Cheechoo)Drilling Program Update on Cheechoo Gold Project, Opinaca Ar...
8/20/2012Sirios and Khalkos Cancel Agreement for Hipo Property
7/27/2012Sirios and Khalkos Sign an Agreement on the Hipo Property
12/20/2011Exploration Khalkos (filiale de Sirios) : lancement d'une no...
7/13/2011(Pontax)Drilling Completed on the Silver and Gold PONTAX Property in...
5/14/2008(Cheechoo) DRILLING PROGRAM COMPLETED
2/26/2007Diamond Drilling on Aquilon Extension Gold Property, James B...
6/12/2006Field Work to Begin on Opinaca-Eleonore Area, Quebec
Corporate news of Sirios Resources Inc.
7/27/2016SIRIOS Begins a Drilling Campaign of 10,000 Metres on CHEECH...
6/8/2016SIRIOS on its Way to Complete the Acquisition of Cheechoo
5/11/2016Sirios Closes Private Placements for CA$5.5M
4/22/2016Sirios Intersects 12.08 g/t Au over 20.3 metres by Drilling ...
3/29/2016Sirios Confirms Gold Grade of the New Lithology at Cheechoo
1/22/2016New results in the Eleonore Camp strengthen the discovery po...
1/21/2016SIRIOS Extends the High-Grade Zone Jordi With 4.35 g/t Au Ov...
1/21/2016SIRIOS Resources Inc./Diamond Drilling Resumes on the CHEECH...
1/14/2016SIRIOS Extends the High-Grade Zone Jordi With 4.35 g/t Au Ov...
12/16/2015Results From the Annual and Special Meeting of Shareholders
12/16/2015SIRIOS: New Gold Zones Intersected by Drilling at Cheechoo, ...
10/28/2015SIRIOS Sells its Interest in Aquilon for $ 1M
10/1/2015Drilling Underway on the Cheechoo Gold Property
10/1/2015SIRIOS Resources Inc.: Eleven Drill Holes Completed on Cheec...
9/22/2015Financing Completed at More Than 2 M$
9/22/2015SIRIOS Resources Inc.: Drilling Underway on the Cheechoo Gol...
9/17/2015Beginning of Fieldworks on the Cheechoo Gold Property
9/17/2015SIRIOS: Financing Completed at More Than 2 M$
9/2/2015Ongoing Private Placements
9/2/2015Sirios: Beginning of Fieldworks on the Cheechoo Gold Propert...
8/21/2015Swap on the Market and Intermediary Closing of Private Place...
8/21/2015SIRIOS Resources Inc.: Ongoing Private Placements
8/6/2015Two Quebec Financial Institutions Exercise $177,150 in Warra...
8/6/2015Swap on the Market and Intermediary Closing of Private Place...
7/22/2015Closing of a Private Placement for $818,775
4/14/2015Sirios to Attend the John Tumazos Very Independent Research ...
3/26/2015More Than 70% of Gold Recovered by Gravity on Cheechoo
3/26/2015Sirios to Attend the John Tumazos Very Independent Research ...
3/24/2015Mr. Christian Guilbaud Appointed as Vice President of Corpor...
3/24/2015(Cheechoo)More Than 70% of Gold Recovered by Gravity on Cheechoo
3/24/2015Sirios Inc.: More Than 70% of Gold Recovered by Gravity on C...
2/26/2015Mr. Christian Guilbaud Appointed as Vice President of Corpor...
1/27/2015SIRIOS: Two Gold Zones Intersected in the Drill Hole #19 on ...
12/19/2014Two Gold Zones on CHEECHOO: 7.24 g/t Au Over 7.9 m and 1.53g...
12/19/2014Sirios Resources Inc.: Closing of Private Placements for $67...
12/8/2014560 Grams per Tonne Gold Over 0.49 Meters Obtained by Drilli...
12/8/2014SIRIOS: Two Gold Zones on CHEECHOO: 7.24 g/t Au Over 7.9 m a...
12/2/2014SIRIOS: 560 Grams per Tonne Gold Over 0.49 Meters Obtained b...
11/26/2014Results From the Annual and Special Meeting of Shareholders
10/21/2014SIRIOS Resources Inc.: Visible Gold Observed in a New Drill ...
10/14/2014Sirios Resources Inc.: Diamond Drilling Resumes on the Cheec...
9/12/2014CORRECTION FROM SOURCE/SIRIOS: Discovery of a New Gold Zone ...
9/10/2014SIRIOS: Discovery of a New Gold Zone on CHEECHOO with 6.9 g/...
8/26/2014Sirios Resources Inc.: New Anomalous Gold Area Located on th...
6/10/2014Debt Settlement Agreement Between Sirios and Khalkos
6/9/2014SIRIOS RESOURCES/Cheechoo: Extension of 600 Metres With 0.40...
6/4/2014SIRIOS: Drilling Restarts on the Cheechoo Gold Property
5/7/2014SIRIOS: Grant of Incentive Stock Options
4/30/2014Sirios Resources Inc.: Beginning of the Drilling Campaign on...
4/23/2014SIRIOS Resources Inc.: Four New Sectors for Prospecting Loca...
4/10/2014Sirios Resources Inc.: Final Closing of the Already Announce...
4/3/2014Sirios Resources Inc.: First Closing of Private Placements f...
11/4/2013CORRECTION FROM SOURCE/Sirios Resources Inc.: Adoption of th...
10/3/2013Loan Paid Off Completed
5/6/2013(Cheechoo)Announcement of a $ 500,000 Financing for Drilling on Cheech...
1/30/2013Drill Hole #1 Yields 0.214 g/t in Gold Over 191.4 Metres Inc...
12/11/2012(Cheechoo)Positive Preliminary Drilling Results From Cheechoo Gold Pro...
10/15/2012Shareholders Approve Consolidation of Shares
1/16/2012Distribution by Sirios of 6,086,338 Common Shares of Khalkos
12/20/2011IPO of Khalkos Exploration (subsidiary of Sirios Resources I...
5/25/2011(Pontax)Diamond Drilling on the High Grade Silver Pontax Property, J...
5/12/2011Private Placement Announcement and Grant of Stock Options
3/23/2011Private Placement First Closing of $528,300
2/22/2011to Spin Off Subsidiary Into a Public Company
4/6/2006Résultats hautement significatifs sur Kukames…
3/31/2006Point sur les secteurs Opinaca et Aquilon
3/31/2006Opinaca and Aquilon areas update
12/10/2005augmente son placement privé annoncé le 7 Décembre
12/7/2005agrandit Opinaca Nord dans la région d'Eléonore
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