Mr. Dominique Doucet reports

UPDATE OF SIRIOS' ACTIVITIES IN THE EEYOU ISTCHEE JAMES BAY REGION, QUEBEC

The management of Sirios Resources Inc. notes that the suspension of its exploration activities, initiated on June 4, in the Eeyou Istchee James Bay region is continuing. This suspension will continue as long as the restriction of access to the public forest is maintained by the government of Quebec in order to prevent new fires. The management of Sirios wishes to indicate that they greatly appreciate the efforts made by the various organizations involved in the fight against the current forest fires, as well as the solidarity of aid and support to the local communities and victims of this situation.

Before the halt of fieldwork, the Sirios exploration team completed the following tasks on its Cheechoo gold property:

• Collection of 10 composite samples, totalling 570 kilograms for mineralogical studies and metallurgical recovery. These samples came from drill core intervals and new channel samples targeting representative areas with various tungsten grades previously observed in tonalite or meta-sedimentary rocks. The objective of these tests is to verify whether tungsten, in association with the Cheechoo gold mineralization, could become a byproduct of interest, thereby increasing the value of the deposit.
• Locating on the ground, using differential GPS, future sites for exploration trenching to be carried out this summer east of the Cheechoo gold deposit.
• Collecting and shipping of 100 drill core samples from various intervals of previous drilling in order to test the new photon assay analysis technique at the MSALABS laboratory in Val d'Or.

About Cheechoo property

The Cheechoo gold property is 100 per cent owned by Sirios and consists of 306 claims covering an area of 157 square kilometres, divided into three non-contiguous blocks. It is located in Eeyou Istchee James Bay, Quebec, less than nine km from Newmont's Eleonore gold mine, and is easily accessible by all-season roads. The property hosts the Cheechoo gold deposit. Its most recent resource estimate, based on an open-pit-constrained model, includes an indicated resource of 1.4 million ounces of gold contained in 46.3 million tonnes at an average grade of 0.94 gram per tonne gold and an inferred resource of 500,000 ounces of gold contained in 21.1 million tonnes at an average grade of 0.73 gram per tonne gold, with significant potential to increase this resource (National Instrument 43-101 technical report, mineral resource estimate update for the Cheechoo project, Dec. 23, 2022).

About Sirios Resources Inc.

Sirios Resources is a Canadian-based mining exploration company focused on developing its portfolio of high-potential gold and lithium properties in the Eeyou Istchee James Bay region of Quebec.

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