Sirios outlines its fully funded 2020 summer exploration and drilling programs
July 07 2020 - 8:00AM
Management of
SIRIOS RESOURCES INC. (TSX
VENTURE: SOI) is pleased to provide details on its 2020 summer
exploration programs for three of its gold properties. These
programs include exploration trenching on its flagship Cheechoo
project, diamond drilling and a soil sampling survey on its Aquilon
property, as well as a prospecting program on the Niska property,
located 10 km northeast of Azimut Exploration’s Elmer gold
discovery.
Cheechoo (Inferred
resources of 1.6 Moz1 contained in 71 Mt @ 0.69 g/t
Au)
In mid-July exploration trenching will be
completed on an area located several kilometers north of the
conceptual pit used to define the current resources estimation. The
trenching program will target soil anomalies, similar to those
identified in the area of the Cheechoo deposit.
Drill core assaying is still in progress for
samples collected during the 2020 winter drilling program
(5,237 m). Meanwhile, metallurgical tests continue on
representative mineralized samples of Cheechoo at the KCA
facilities in Reno, Nevada. Cyanidation bottle roll tests have now
been completed, allowing the start-up of the column leach tests
this week. These tests will be used to evaluate the projects
potential for heap leach extraction and the gold recovery. These
results could have a positive economic impact on a future
Preliminary Economic Assessment (PEA) for the project.
The entire Sirios team is working hard to take
the necessary steps to develop and demonstrate the economic
potential of the Cheechoo project.
Aquilon
Diamond drilling is continuing on the property,
testing the depth extension of some of the high-grade, near surface
gold showings as well as to target disseminated to semi-massive
pyritic auriferous horizons.
A soil sampling survey was initiated this week
in the area of the gold-bearing Wolf Corridor, which hosts the
majority of the high-grade gold showings on the property. A total
of more than 650 humus samples are planned to be collected and
analyzed.
Niska
A prospecting program will be carried out at the
beginning of August on the Niska property, located approximately 10
km northeast of the Elmer gold discovery of Azimut Exploration.
Fieldwork will focus in the area where anomalous gold was
discovered in outcrop samples in 2019, as well as along interpreted
northeast to southwest trending shear zones.
About Sirios
Pioneer in the discovery of significant gold
deposits in the Eeyou Istchee James Bay region of Quebec, Canada.
Sirios focuses its work mainly on its Cheechoo gold discovery,
while actively exploring the high auriferous potential of its other
properties.
1 BBA, Mineral Resource Estimate for The
Cheechoo Project, 12/06/2019, www.sirios.com
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:Dominique Doucet,
Presidentddoucet@sirios.comWebsite:
www.sirios.com Tel.: (514) 918-2867
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