Sirios expands its 39 property in the area of Azimut’s Elmer gold discovery
January 16 2020 - 10:05AM
SIRIOS RESOURCES INC. (TSX-V:SOI) is pleased to
announce that it recently applied by map designation for 150 new
mining claims in order to expand its 39 gold property. Once the
claims are granted, the property will increase to 189 claims, for a
total area of approximately 100 km2. The southwest limit of the 39
property will be located less than 5 km northeast of the Elmer gold
property.
During the summer of 2019, prospecting work was
carried out on the 39 property to assess the gold potential of an
interpreted northeast to southwest trending shear zone. A much
greater lithological diversity than mapped by the Quebec Ministry
of Energy and Natural Resources (MERNQ) was observed on the
property, with the presence of a variety of lithological units,
including felsic volcanic rocks. Additional prospecting was
recommended based on this previous work.
The 39 property was acquired by map designation
in 2018 and is wholly owned by Sirios. It is located about 30 km
northwest of the km 381 relay station on the James Bay road
connecting Matagami to Radisson. The property borders the
Munischiwan property of Exploration Azimut and SOQUEM to the
southwest, where prospecting results yielded up to 100.5 g/t Au,
435.0 g/t Ag, and 156.0 g/t Te and 1.67% Cu from grab samples (ref.
Azimut press release of June 27, 2019).
Sirios focuses mainly on its Cheechoo gold
discovery while actively exploring the auriferous potential of the
Eeyou Istchee James Bay area in Quebec.
Dominique Doucet, P. Eng., Qualified Person
pursuant to National Instrument 43-101, prepared and verified the
technical information of this press release, as well as reviewed
the final text.
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,
PresidentTel.: (514)
510-7961ddoucet@sirios.com
Website:
www.sirios.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/98ad0a36-dae0-42fe-a92b-b6980fc63513
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