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    gold investing

    SIRIOS Discovers a New Gold Zone at Depth in Meta-Sediments on Cheechoo

    Written by Priscila Barrera
    |
    May. 30, 2017 09:02AM PST

    Management of SIRIOS Resources Inc. (TSXV:SOI) is pleased to announce the discovery of a new gold zone at depth in meta-sediments on the Cheechoo Gold Property, in James Bay, Quebec. This discovery could become a major new development in the ongoing exploration program on Cheechoo as the new gold zone is within wackes very similar …

    Management of SIRIOS Resources Inc. (TSXV:SOI) is pleased to announce the discovery of a new gold zone at depth in meta-sediments on the Cheechoo Gold Property, in James Bay, Quebec. This discovery could become a major new development in the ongoing exploration program on Cheechoo as the new gold zone is within wackes very similar to the ones hosting the Éléonore Mine gold deposit, some 15 kilometres to the north-west.
    As quoted in the press release:

    In the meta-sediments, close to a contact with the tonalite, drill hole #98 intersected 8 m at 4.4g/t Au included in 34.9 m at 1.7g/t Au at a vertical depth of 505 metres, while 100 metres to the east, also in the meta-sediments, drill hole #82E intersected 2.5 m at 4.6 g/t Au included in 24 m at 1.1g/t Au at a vertical depth of 491 metres.
    This press release presents the latest assay results of five drill holes of the Winter 2017 drilling program. Interesting results were also obtained within the tonalite.
    In the tonalite, drill hole #98 intersected the J zone with 9 m at 5.7 g/t Au included in an interval of 43 m at 1.7 g/t Au at 134.5 metres depth. Hole 82E intersected 3.1 m at 7.4 g/t Au included in 16 m at 2 g/t Au at 638 metres depth. Hole #100 intersected 2 m at 13.7 g/t Au. At the tonalite/meta-sediments contact, hole #98 intersected a high-grade interval of 3 m at 53.8 g/t (17.4g/t capped) including 1 m at 159.3 g/t Au.

    Click here for the full text release

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