DIOS Exploration Inc.
TSX VENTURE : DOS

DIOS Exploration Inc.

September 05, 2013 06:00 ET

DIOS Exploration: $150,000 Private Placement

MONTREAL, QUEBEC--(Marketwired - Sept. 5, 2013) - DIOS EXPLORATION (TSX VENTURE:DOS) undertakes a non-brokered private placement with accredited investors. Officers & directors may participate in this placement which consists of a maximum of 1,500,000 flow-through common shares for gross proceeds of $150,000 with share price re-priced at $0.10 (See July 31 press release).

Proceeds of this placement will be used to complete a diamond drilling program totalling between 1000-1500 meters testing several magnetic lineaments or structures within a "non-magnetic" tonalitic granite on road accessible 33 CARATS gold porphyry project, James Bay, QC. There will be a hold period of four months and one day on Common Shares issued. This private placement is subject to regulatory approval. DIOS has some 39 million shares outstanding, no debt and the funds necessary to pursue its exploration activities.

DIOS discovered significant rock values for gold-silver-copper-bismuth, an association typical of gold porphyry deposits on 33 CARATS. Mineralization within tonalite (disseminated, not vein-hosted) and metal associations suggest potential for a low-grade bulk tonnage porphyry gold deposit, such as in Malartic, Abitibi, Quebec.

Outcrops grade up to 4.93 g/t Au, 6.8 g/t Ag, 0.477% Cu and 14 g/t Bi. Metric size angular boulders grade up to 7.76 g/t Au, 15.7 g/t Ag, 2 % Cu and 74 g/t Bi. The 33 CARATS gold porphyry project is cut through by the 167 road, 8 kilometers NW of the Eastmain gold deposit, some 315 km north of Chibougamau, Quebec. 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.

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