DIOS Exploration uncovers new highgrade gold showing of 94.88 g/t gold on AU33
September 04 2019 - 8:57AM
DIOS EXPLORATION reports high
grade gold showing up to 94.88 grams gold per ton as well as 13.31
g/t gold, 7.42 g/t gold, 4.45 g/t gold in different occurrences.
In 2019, Dios proceeded to re-evaluate the Robino magmatic
hydrothermal breccia and uncovered a series of associated
goldbearing flat tension quartz-pyrite veins east of the breccia
margin. Selected portions of a northsouth foliated basic dyke
(with 2-5% pyrite) and three distinct centimetric (3-6cm)
quartz-pyrite veins (with 3-10% pyrite) were sampled.
These flat tension high grade quartz-pyrite veins associated
with the foliated eastern margin of the north-northwestern Robino
breccia are reminiscent of the flat quartz-pyrite-magnetite veins
associated with NNW shears observed at the Heberto gold zone, some
3-4 km south. They were observed on a surface of 3 m x 20
m. The eastern Robino northsouth shear sector had previously
returned 37.6 g/t gold in association with quartz-pyrite veinlets
in the shear and 2 channels of some 5 g/t gold over 1 m each.
A northsouth basic dyke in the shear sampled in 2019 is
goldbearing, returning 1.42 g/t gold and this basic dyke and
associated shear is open in strike going under the overburden.
In July, Dios carried out prospecting/mapping and soil sampling
on wholly owned (no royalties) AU33 project, located along a
strategic 20 km long segment of favourable Lower Eastmain
Greenstone belt, James Bay Eeyou Istchee, Quebec. It is
located 280 kilometres north of Matagami and 20 km west of Eastmain
Resources Clearwater gold deposit. It is also accessible by road
directly west of Hydro-Quebec Eastmain-1 dam.
It hosts the Mitsumis pluton overlain by volcanics intruded by
felsic-intermediate plugs and sill/dyke horizons. Several
gold mineralization occurrences are strongly controlled by altered
NNW and NE structures, including the Heberto zone (2.13 g/t gold
over 23 m; 1.15 g/t gold over 64 m including 3.65 g/t gold
over 13 m) and the CLN shear (2 g/t gold over 11 m including 3.26
g/t gold over 6 m). In 2019, special effort was put on the
NNW Robino Breccia (previously up to 37.6 g/t Au) and on the
Western Magnetic Tonalite Sill.
The aim of the program was to define more precise new drill
targets for this year. Some 23 rock grab samples were
collected and assayed at Bourlamaque Lab in Val d’Or. A total
of 136 B-horizon soil samples were also collected over favourable
magnetic sill previously yielding up to 269 ppb Au in soil (and 800
ppb gold in rocks). Several NE low-magnetic structures that
crosscut the magnetic tonalitic sill were targeted as possible
drill targets and its fold nose. Results are
pending. Permitting for drilling is underway.
This press release was prepared by M.J. Girard,
M.Sc. Geo and 43-101 QP. Grab samples are selected samples
and are not necessarily representative of the mineralization hosted
on the property.
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
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/42409a09-89ea-45d1-980c-edbd1f95e68a
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