DIOS EXPLORATION INC.
TSX VENTURE : DOS

DIOS EXPLORATION INC.

October 19, 2010 08:10 ET

DIOS' Gold Conductor Showing Returned 8.1 g/t Gold and 22.6 g/t Silver Over One Meter

MONTREAL, QUEBEC--(Marketwire - Oct. 19, 2010) - DIOS EXPLORATION (TSX VENTURE:DOS) reports encouraging diamond saw channeling results on the Conductor gold showing recently discovered by DIOS on its U33 diamond-gold exploration project, James Bay, Quebec. 

Diamond saw channel sampling of DIOS' Gold Conductor showing returned from east to west:

  • 9.64 g/t gold / 0.7 m (grams per ton over meter length) (eastern track)

  • 4.9 g/t gold, 14 g/t silver, 0.28% lead, 0.15% zinc / 1 m

  • 8.1 g/t gold, 22.6 g/t silver, 0.31% lead, 0.32% zinc / 1 m & 2.1 g/t gold / 1.5 m totalling 2.1 g/t gold / 4.5 m;

  • 3.44 g/t gold / 1 m totalling 1.3 g/t gold / 2.5 m (western track);

See result map at: http://diosexplo.com/pdfs/carteU33.pdf

The discovery is located 52 kilometers SE of the multi-million ounces of gold Eleonore deposit and 12 kilometers NE of the million ounces of gold Clearwater deposit.

Let us recall that outcrop grab sampling of the Conductor showing had returned:

  • 37.3 g/t gold , 16.8 g/t silver;

  • 24.0 g/t gold, 29.6 g/t silver;

  • 16.0 g/t gold, 3.9 g/t silver, 0.18% zinc;

  • 14.2 g/t gold, 54.0 g/t silver, 1.75% lead, 1.06% zinc;

  • 6.0 g/t gold, 3.9 g/t silver;

  • 5.0 g/t gold, 4.5 g/t silver;

  • 4.5 g/t gold, 1.4 g/t silver;

  • 4.2 g/t gold, 53.6 g/t silver, 0.82% lead, 0.75% zinc;

  • 2.9 g/t gold, 15.8 g/t silver, 0.56% lead, 0.11% zinc.

Additional prospecting, till sampling, line cutting and induced polarization survey (40 km-lines) is currently taking place on the Conductor gold showing and its extents. The large DIOS wholly-owned U33 project covers 708 sq. kilometers in the Opinaca-Eastmain 1 area, Quebec. 

DIOS has 34.3 million shares outstanding and over 3 million dollar funds available to pursue its exploration programs. The technical content of this press release was prepared by Harold Desbiens, M.Sc., P.Geo, a Qualified Person pursuant to National Instrument 43-101.

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