Drilling Update on DIOS’ K2 Gold Project, Quebec
November 19 2020 - 9:58AM
Dios Exploration Inc. (TSX-V: DOS) is pleased
to update current first ever drilling on wholly-owned
K2 gold project (no
royalties)
, James Bay Eeyou Istchee, Quebec.
Dios completed six drill holes totaling 1761 meters testing 3
different geophysical targets (PP1, PP2, PP5) over a 500m by 1.5 km
sector in non-outcropping WI-TARGET area. Many
mineralized altered zones were observed in the core. Part of core
samples is already sent for gold assaying in Val d’Or ALS. two more
holes are planned on PP5 and two more on ATTILA
target located 7km east.
At the margins of a significant corridor (3 km long by 50- 250
meters wide, poorly resistive) were outlined five areas of ground
IP anomalies, PP1 being adjacent to: (1) gold-in-soil anomalies (10
to 283 parts per billion gold); (2) sericite altered glacial floats
with 1-2% pyrite-pyrrhotite, chalcopyrite & quartz stringers up
to 6.72 grams/ton gold.
PP5 (weak 600 m long anomaly) is coincidental
with a deep VTEM conductor (within less resistive corridor) just
north of a tonalitic apophysis contact entering towards
west.
Sub-parallel 400 m long PP2 anomaly was
identified 1 km west of, and in strike with, the Cinnamon gold
showing (east-west shear within tonalite with 1-2% pyrite grading
up to 10 g/t gold & 1.81 g/t Au). PP-2 is located south of
sheared altered poorly resistive corridor in volcanic-gabbro
domain, at the margin of the tonalite apophysis.
On PP1, holes 01 to 03 intersected synvolcanic porphyric diorite
injected by basic and gabbroic dykes. Several foliated sericitized
sections of diorite host 1-3% quartz stringers and veinlets &
1-2% pyrite up to 20m thick.
On PP2, holes 04&05 intersected different 15-40 meters thick
sections of fractured gabbro injected by 1-3% quartz stringers,
with 1-3% pyrrhotite and 1% pyrite. A gabbro cut by a 30m-thick
shear zone with 1-5% quartz-carbonate stringers & tr-1% pyrite
was also observed south of PP2 anomaly.
On PP5, injected within biotite tonalite, a foliated carbonated
basic dyke hosts 1-4% quartz-carbonate-pyrite veinlets & 1-5%
disseminated pyrite over 8 meter of hole 06.
Among other targets is ATTILA
gold-copper-silver prospect hosted in a fractured rhyodacite dome
overlying Kali Porphyry to the south, (chalcopyrite-rich
stringer/stockwork over 75 m long and 5 to 15 m
wide, up to 8.08 g/t
gold, 96.7 g/t silver, 2.43% Cu, south-west of Azimut
Exploration’s Patwon gold discovery. This release was reviewed by
MJ Girard Geo M.Sc. 43-101 Qualified Person.
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.
Contact information
:Marie-José Girard, Geo M.Sc., 43-101
QPPresidentmjgirard@diosexplo.comTel.
(514) 923-9123 |
|
Website: www.diosexplo.com |
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