Sirios announces an aero magnetic survey to be undertaken on its newly acquired Niska property in the area of Azimut’s Elme...
February 04 2020 - 09:00AM
Management of
Sirios Resources Inc. (TSXV: SOI)
("The Company") is pleased to announce that Sirios has mandated Geo
Data Solutions GDS Inc. to perform a high-resolution,
helicopter-borne magnetic survey on its new and wholly owned Niska
Property. The Niska Property includes the former Property "39",
along with 150 mining claims recently acquired by map designation
(see January 16, 2020 press release).
The airborne survey which is expected to be
carried out in mid-February will cover the entire property block
with a 50-meter line spacing, totalling 2,394-line kilometres. This
survey will provide Sirios’ exploration team with valuable
geophysical information detailing the northeast-southwest trending
shear zone identified last summer on the original claims of the
"39" Property. This potentially favourable shear zone is
interpreted to extend onto Sirios’ recently acquired mineral
claims.
The Niska property, which is wholly owned by
Sirios, is located about 30 kilometres northwest of the km 381
relay station on the James Bay road connecting Matagami to Radisson
in Eeyou Istchee James Bay, Quebec. The property is composed of 189
mining claims, covering an area of 99 sq. km. It is located between
the Munischiwan property, co-owned by Azimut Exploration and SOQUEM
and the recent Patwon discovery on Azimut’s Elmer Gold Property,
where drilling results yielded 3.15 g/t Au over 102.0 m, including
10.1 g/t Au over 20.5 m. (Azimut press release January 14,
2020)
This press release has been reviewed and
approved by Dominique Doucet, P.Eng. President and CEO of Sirios
Resources Inc. “Qualified Person” as defined by National Instrument
43-101.
About Sirios
Founded in 1995, Sirios Resources develops and
explores its own mining exploration projects. Pioneer in the
discovery of significant gold deposits in the Eeyou Istchee James
Bay region of Quebec, Canada, over the years, Sirios focuses mainly
on its Cheechoo gold discovery while actively exploring the
auriferous potential of the Eeyou Istchee James Bay area in
Quebec.
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 :Dominique
Doucet, President, CEO,
Eng.ddoucet@sirios.comTel.: (514)
510-7961Website: www.sirios.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/568ca754-0bfc-4e9b-a46e-b2a468c36594
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