DIOS discovers different new gold potential rock occurrences on its K2 project, QC
July 24 2019 - 7:38AM
DIOS EXPLORATION discovers new gold potential rock
occurrences 8 km west of K2, that is different significant
prospective rock types in association with electromagnetic
conductor anomalies.
In June and July, DIOS carried
out rock prospecting, mapping and glacial soil sampling on
wholly-owned gold-silver-copper K2 project, along a strategic 18 km
long segment of favourable Lower Eastmain Greenstone belt
DEFORMATION ZONE, James Bay Eeyou Istchee, Quebec.
K2 hosts Archean age volcanics intruded by
felsic porphyry plugs and dykes wrapped around a synvolcanic
tonalite pluton. K2 geology is favourable for Volcanic Massive
Sulfides and Windfall-type gold mineralization.
Firstly in 2019, gold focus was on a dozen
electromagnetic anomalies targeted for low sulfide content
(apparent airborne induced polarization and other conductors) and
their extents within western mixed volcanics
(alternating basalt, gabbro, dacite and quartz-feldspar-porphyry
horizons). DIOS’ previous work had yielded first
ever gold in rock in the area in pyritized altered dacitic boulders
up to 6.72 g/t gold associated with gold-in-soil anomalies (9 to
249 parts per billion gold) near several kilometer Wi-Target
conductor.
Second, favourable northeast and eastwest
structures were investigated within
intrusives:
- Northeast several meters wide QFP shear (1-5 m), hosting cm
quartz-chlorite-ankerite veins or stringers with traces to 2%
pyrite in 4 x 1.5 km Quartz-Feldspar Porphyry plug over a 300 m
strike.
- Eastwest 1.4 km long several meters wide (5-15 m) Curcuma
shear, hosting cm quartz-chlorite-ankerite veins-stringers with
traces to 2% pyrite and traces chalcopyrite within Kali tonalite
intruded by basic dykes, outlined in outcrop along a minimum 1.42
km strike length (mylonite, strongly foliated, open).
- Several eastwest (and northwest) metric shear zones hosting
quartz veinlets with 1 to 5% pyrite within Kali tonalite southern
margin (like Cinnamon:10 g/t gold).
K2 has not been drilled and the western and
northwestern claims (2019 focus) do not seem to have ever even been
ground prospected nor sampled before DIOS and its
high expertise geological team is enthusiastic about the variety of
different mineralizations and associated rock types uncovered and
looking forward for results to come. A total of 301 rock grab
samples were taken (31 quality control blanks) and 147 B glacial
horizon soil samples (including 11 duplicates) were also collected
along drumlin elongated glacial features near targeted geophysical
conductors and structures.
K2 covers 85 sq. kilometers some 285 kilometres
north of the town of Matagami, 30-50 kilometres northeast of
Eastmain village, and 40 kilometres west of James Bay Road. This
press release was prepared by M.J. Girard, M.Sc. Geo and 43-101
QP.
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.
Marie-José Girard, President &
CEO mjgirard@diosexplo.com Tel. : (514)
923-9123
www.diosexplo.com
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