DIOS: Lac Caron Claim Agreement Share Issuance
December 13 2012 - 6:06PM
Marketwired Canada
DIOS EXPLORATION completed the third year and last payment of the LAC CARON
CLAIM AGREEMENT through the issuance of 75,000 Common Shares to 2229667 ONTARIO
INC. (the Optionor). The Optionor grants DIOS a 100 % undivided interest in 35
mining claims situated near DIOS' LE CARON property, some tens of kilometres
north-east of DIOS' AU 33 WEST GOLD PROPERTY, James Bay, Quebec, optioned to
Osisko Mining Corp. and some 13 kilometres north of the Clearwater gold deposit
and 45 kilometres south of the worldclass Eleonore gold deposit.
DIOS completed a fifth glacial sediment sampling and field prospecting program
on its larger wholly-owned diamond-gold Shadow-Le Caron project, results
pending.
DIOS explores for intrusions associated with deep structures. Glacial sediment
sampling defined indicator mineral dispersal trains for kimberlites (diamond
potential). DIOS discovered through this sampling several gold dispersal trains,
leading up-ice in some cases to gold-bearing granitic rocks near major
structures.
Incentive Stock Options Granted
Following yearly planning, an aggregate 995,000 incentive stock options was
granted on December 13 under Stock Option Incentive Plan to directors, officers
and employees at an exercise price of $0.15 per share. Of these options, an
aggregate 805,000 options was granted to the Company's directors and officers.
The options expire five (5) years from the date of grant, vest quarterly over an
18-month period, and are subject to the required four (4) month hold period and
other applicable regulatory approvals.This press release was prepared by
Marie-Jose Girard, M.Sc. P.Geo., qualified person pursuant to National
Instrument 43-101.
FOR FURTHER INFORMATION PLEASE CONTACT:
Marie-Jose Girard, M.Sc. Geo, 43-101 QP
President & CEO
mjgirard@diosexplo.com
Tel. : (514) 483-5149
(514) 510-7964 (FAX)
www.diosexplo.com
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