Mr. Dominique Doucet reports
SIRIOS DRILLS 26.0 METRES AT 6.0 G/T AU AND 11 M AT 8.4 G/T AU ON CHEECHOO
Sirios Resources Inc. has released results of the first four drill holes (No. 108 to 111) completed in fall 2017 on the Cheechoo gold property at Eeyou Istchee, James Bay, Quebec. The highlights are:
- DDH 108: 26.0 metres at 6.0 grams per tonne gold included in 575.7 m at 0.7 g/t Au including 0.5 m at 137.7 g/t Au;
- DDH 109: 11.0 m at 8.4 g/t Au included in 327.1 m at 0.7 g/t Au including 0.5 m at 167.2 g/t Au;
- DDH 110: 15.1 m at 3.0 g/t Au included in 286.5 m at 0.8 g/t Au including 0.5 m at 73.0 g/t Au;
- DDH 111: 1.5 m at 18.6 g/t Au included in 281.5 m at 0.5 g/t Au.
The main objective of drill hole No. 108 has been achieved by confirming the extension of the gold mineralization intersected at depth by drill holes No. 98 and 82E (press release reference May 30, 2017). In this area and at this depth of approximately 500 metres, the tonalite/metasediment contact is subhorizontal, in accordance with structural data obtained by logging survey. The gold mineralization extends in the tonalite or in the metasediment, but always at the proximity of the contact, over a minimal distance of 100 metres. Drill holes No. 112 and 120 intersected the same contact and assay results should be received soon.
The drill hole No. 108 demonstrates that the tonalite yields 0.7 g/t Au over all its width, which is more than 575 metres. The three drill holes No. 109 to 111 yielded average grades between 0.5 g/t Au and 0.8 g/t Au over widths ranging from 281 to 327 metres that correspond approximately to their total lengths; these values include intervals with higher grades indicated above in each of them.
The four drill holes total 1,813 metres and cover a lateral distance of 100 metres from southwest to northeast. They are located at the southwest border of the central area, where most of the drill holes are located. The main assay results are detailed on the associated table.
Thirty-three NQ drill holes (No. 108 to 140) were undertaken during the fall 2017 for a total of 10,628 metres. Gold was observed in multiple locations in 28 of these drill holes confirming the presence of free coarse gold. Core samples of 29 other drill holes are currently being assayed and assay results will be released regularly after receipt and interpretation. Fieldwork on Cheechoo will restart this week with two operating drill rigs to complete a minimum of 8,000 additional metres of drilling.
MAIN ASSAY RESULTS -- CHEECHOO PROJECT
FALL 2017 DRILLING CAMPAIGN
DRILL HOLES No. 108 TO 111
DDH From To Width* Au Au (cut at 50 g/t)
(m) (m) (m) (g/t) (g/t)
CH17-108 6.0 581.7 575.7 0.7 0.7
incl. 98.8 105.7 6.9 1.6
incl. 204.8 205.7 0.9 19.2
incl. 245.2 248.1 2.9 1.6
incl. 278.1 281.8 3.7 9.7
incl. 281.3 281.8 0.5 67.8
incl. 408.1 409.0 0.9 8.3
incl. 545.1 581.7 36.6 4.4 3.9
incl. 548.7 574.7 26.0 6.0 5.3
incl. 562.5 567.7 5.2 24.8 21.2
incl. 562.5 563.3 0.8 25.4
incl. 563.3 563.8 0.5 59.4
incl. 564.6 565.1 0.5 137.7
CH17-109 27.1 354.2 327.1 0.7 0.6
incl. 27.1 36.1 9.0 1.5
incl. 126.0 135.6 9.6 1.2
incl. 143.7 151.0 7.3 1.1
incl. 168.3 172.0 3.7 1.6
incl. 210.9 214.7 3.8 1.5
incl. 285.5 289.1 3.6 1.5
incl. 323.0 334.0 11.0 8.4 5.4
incl. 323.0 325.5 2.5 34.7 21.3
incl. 325.0 325.5 0.5 167.2
CH17-110 65.5 352.0 286.5 0.8
incl. 97.5 101.9 4.4 2.0
incl. 113.9 118.2 4.3 1.2
incl. 156.5 157.0 0.5 13.0
incl. 222.1 229.7 7.6 1.7
incl. 222.1 239.4 17.3 1.2
incl. 224.7 225.2 0.5 13.5
incl. 246.3 247.6 1.3 10.9
incl. 266.5 268.0 1.5 14.2
incl. 267.5 268.0 0.5 38.7
incl. 299.2 301.8 2.6 4.5
incl. 301.3 301.8 0.5 16.5
incl. 330.4 345.5 15.1 3.0
incl. 330.4 330.9 0.5 73.0
CH17-111 8.5 290.0 281.5 0.5
incl. 23.8 41.0 17.2 0.9
incl. 74.3 74.8 0.5 10.7
incl. 233.3 243.7 10.4 0.8
incl. 261.5 263.0 1.5 18.6
305.6 306.2 0.6 50.7
326.9 327.5 0.6 118.6
* Interval along the hole, true width unknown.
The long delay required before release of assay results is due to, among other things, an exceptional setback that was produced during the core sample preparations at the beginning of the drilling campaign. Corrections have been made and the release of assay results should be available on a more regular basis. However, delays remain long for the entire industry due to a strong demand for assay laboratories.
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 Eleonore 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 quality assurance/quality control 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-Boule, close to Rouyn-Noranda. Samples grading more than two g/t as well as drill core samples with visible gold were assayed by pyroanalysis with metallic sieve from a sample of about one kilogram.
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.
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