DIOS Exploration Inc.: Nine Drill Holes for Gold on 33 Carats-Significant Biotitisation Zone Defined
November 11 2013 - 11:37AM
Marketwired Canada
Management of DIOS EXPLORATION (TSX VENTURE:DOS) is pleased to report completion
of the first nine holes drilled for gold totalling 1 332 meters on wholly-owned
road-acessible 33 CARATS gold porphyry project, north of the town of
Chibougamau, James Bay, QC. This fall prospecting program also uncovered new
mineralized outcrops of tonalite with disseminated chalchopyrite and as
in-fillings in association with hematization zones some 500 m farther away than
the last known mineralized otucrops. Several mineralized boulders were also
discovered down-ice.
Holes were drilled over approximately a 2.5 km north-south length and over 500 m
east-west. A significant biotitisation zone (potassic alteration targeted for by
this drilling for such a gold deposit) some two km by 300-400 m was defined and
interpreted. Biotite alteration is intense and pervasive and can be disseminated
or in veinlets. Epidote alteration can also be noted in association with
hematization zones. Propylitisation zones are typical of porphyry deposits.
Detailed core logging is completed and core split in two already sent to
ALS-Chemex laboratory, Val d'Or for assaying, results pending. Several drill
holes intercepted multiple several meter zones of mineralized tonalite with
disseminated copper sulfides (up to 1 % chalcopyrite), 1 to 2 % pyrite (iron
sulfide) (gold indicators in this gold porphyry context), as well as silicified
zones and hematized ones, and furthermore, chalcopyrite stringer zones, biotite
stringer zones, and carbonated zones in places.
Gold mineralized outcrops grading up to 4.93 g/t Au, 6.8 g/t Ag, 0.477% Cu and
14 g/t Bi were discovered in 2012. Some glacial boulders of metric size are
angular, suggesting a proximal source, and they grade up to 7.76 g/t Au, 15.7
g/t Ag, 2 % Cu and 74 g/t Bi; they were for the first time discovered in 2011,
following delineation by DIOS of a significant gold glacial dispersal in till.
DIOS invites investors and shareholders for further information at booth 228
room 400, Palais des Congres de Quebec (AEMQ Convention), November 11-14.
The goldbearing tonalite at 33 CARATS is located about 8 km from Eastmain gold
deposit and 50 km south of Renard diamond deposit. There is a typical
gold-silver-copper-bismuth association and mineralization (disseminated, not
vein-hosted) and metal associations suggest potential for bulk tonnage porphyry
gold deposit. This release was prepared by M.J. Girard, M.Sc. Geo, a 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Marie-Jose Girard, President & CEO, 43-101 QP
mjgirard@diosexplo.com
(514) 483-5149
(514) 485-2155 (FAX)
www.diosexplo.com
http://blogue.diosexplo.com
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