Lithium North Project Acquired By DIOS, James Bay, Quebec
March 07 2023 - 7:30AM
Dios Exploration (TSX-V: DOS) reports having
acquired large
Lithium North project some 12-20 km
north of its
Lithium33 property totalling 136
wholly-owned claims for 7142 hectares in James Bay prolific lithium
region of Quebec, Canada.
Lithium North covers two
pegmatite prospective sections: 1) NE-SW striking 13 km-long
section and 2) NW-SE 6 km long one, both hosting
porphyritic/pegmatitic
granodiorite with pegmatite pockets and 5-50%
dykes, wrapped around a magnetic biotite
granite.
Lithium North lies within a
greenstone belt sub-province and outside the limits of former
Tyrell Sea (so its sediment values are more reliable as they were
not swept all over the sea). Dios’ project
is well located at the head of significant (30km-long)
cluster of lake sediment anomalies (Li over 8ppm, up to very high
100.6ppm; Rb over 10ppm, up to 72ppm; Cs over 2ppm, up to very high
8ppm).
The claims are also located near a magnetic NS
& NE lineaments swarm crosscutting general NW magnetic trend.
They host lithium metal lake sediment anomalies (27, 21.5, 14.6,
12.7& 8ppmLi) combined with other anomalous critical elements
(30.5 & 13.9ppmRb; Cs>2ppm, up to 8ppm) near pegmatitic
outcrops.
Lithium North is located about
60 km ENE of Allkem James Bay/Cyr lithium deposit (40.3Mt
@1.40%Li2O resource) and 40-50km north of Rose deposit (26.3Mt @
0.87% Li2O & 138 ppm Ta2O5 resources). Geochemical signature of
Lithium North is comparable to Pivert-Rose deposit
and Pontax-Lithium prospect, which was discovered and drilled
during former joint Dios/Sirios Resources project
under supervision of H. Desbiens P.Geo M.Sc., V-P & 43-101 Q.
P. who reviewed this release and next campaign.
Dios has 121 M shares
outstanding; 5.2 M options @ $0.11; 9 M wts @ $0.20 exp. Sept.23.
Dios owns 1,190 claims for 66,114 hectares in
James Bay.
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
A figure accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/e0230bfd-cc77-45c2-a076-337b6411358d
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