DIOS Exploration Inc.: Significant Gold Porphyry Discovery on 33 CARATS Project
September 12 2012 - 8:05AM
Marketwired Canada
Management of DIOS EXPLORATION (TSX VENTURE:DOS) is very pleased to report a
significant in situ gold porphyry discovery on its wholly-owned 33 CARATS
project. Exploration of this sector provided the definition of a gold interest
zone of a few sq. kilometers of homogeneous tonalite (a grey granite) with some
sixty disseminated copper sulfide bearing samples. There is a clear
gold-silver-copper-bismuth association typical of gold porphyry deposits.
SEE MAP http://diosexplo.com/images/33caratsAuLitho.jpg for results.
2012 results greater than 0,45 grams gold per tonne
Au g/t Ag g/t Cu % Bismuth g/t
7,76 17,8 1,495 14
7,33 14,5 0,625 74
6,11 3,7 0,349 7
4,93 2,5 0,171 9
3,09 20 1,975 25
3,04 5,6 0,236 25
2,21 0,02 14
2,06 7,3 0,255 7
1,965 1,6 0,166
1,84 4,1 0,57 10
1,695 40,4 2,07 23
1,53 2,3 0,482 2
1,5 15,7 1,70 25
1,325 2 0,08 6
1,25 6,8 0,477 8
1,04 24,4 0,983 10
0,937 0,177 12
0,78 2,9 0,26 43
0,692 1,1 0,351
0,652 11,2 0,841 5
0,561 2 0,091 5
0,488 2,3 0,1435 19
0,475 11,3 0,651 10
0,469 1,8 0,224 2
0,467 6,5 0,491 25
0,463 0,8 0,048
Au: gold, Ag: silver, Cu: copper, g/t: gram per tonne
Metric size angular boulders grade up to 7,76 g/t Au, 15,7 g/t Ag, 2 % Cu et 74
g/t Bi. Outcrops grade up to 4.93 g/t Au, 6,8 g/t Ag, 0.477% Cu et 14 g/t Bi.
Located 8 kilometers NW of the Eastmain volcanic hosted gold mine 315 km north
of Chibougamau, and cut through by the 167 Otish road, the 33 CARATS gold
project hosts folded volcanics wrapped around targeted granodioritic-tonalitic
rocks with disseminated chalcopyrite (copper sulfide)-pyrite mineralization and
quartz veins which show potential for gold porphyric mineralizations. The style
of mineralization (disseminated, not vein-hosted) and metal associations suggest
potential for a low-grade bulk tonnage porphyry gold deposit on the property, as
in Malartic, Abitibi, Quebec.
In 2012, out of 246 rocks samples from the tonalite and granodiorite area, 10,5
% returned values greater than 0,45 g/t Au, 14, 2 % gave values greater than 0,3
g/t Au (300 ppb) and some 25 % returned values greater than 100 ppb (0,1 g/t
Au). Gold enriched samples are limited to the tonalite area, within which a few
goldbearing samples from a felsic synvolcanic quartz porphyry intrusive were
also uncovered (QP).
The 33 CARATS outcropping gold discovery results from systematic exploration
work by DIOS, following a well structured gold in till glacial dispersal train
leading to the discovery of gold bearing tonalite angular glacial boulders
during Fall 2011.
Rock samples were sent to the ALS-CHEMEX laboratories with blanks and duplicates
for quality control. This press release was prepared par M.J. Girard, M.Sc.Geo,
43-101 QP.
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