DIOS Exploration Inc.
TSX VENTURE : DOS

DIOS Exploration Inc.

June 15, 2016 09:05 ET

More Positive Results From DIOS 2016 Heberto Gold Drilling

MONTRÉAL, QUEBEC--(Marketwired - June 15, 2016) - Management of DIOS EXPLORATION (TSX VENTURE:DOS) is very pleased to report additional positive results from 2016 recent drilling on wholly-owned (no royalties) HEBERTO. Hole 13 hit 2.05 grams gold per tonne over 7.25 m in a 20.25 m true thickness intercept of 1 g/t gold (or 0.63 g/t gold over 41 m) and hole 14 hit 1.85 grams gold per tonne over 7.10 m. Both holes intersected potassic shear zones hosting 1-2% disseminated pyrite (magnetite) with adjacent 2-3% cm pyrite-magnetite-quartz stringers. See 2016 drilling results:

Hole From
m
To
m
width
m
Grade
g/t gold
K: potassic qz: quartz
strgs:stringers py:pyrite mg; magnetite
13 56.25 63.50 7.25 2.05 Kshear zone
in 56.25 76.50 20.25 1 qz-py-mg strgs
in 41 0.63
14 109.35 116.45 7.1 1.85 Kshear+qz-py-mg vein
182.25 183 0.75 1.77 Kshear
192 194 2 1.16 Kshear+ qz-py-mg strgs
15 148.25 151.25 3 2.53 Kshear
174.50 187.50 13 0.16 +py-mg strgs
16 128.15 129.15 1 1 qz-py-mg strgs
17 183.20 185.50 2.3 1.45 qz-py(mg) strgs
in 173.50 187.50 14 0.37 +Kshear
19* 71 84 13 3.65 py-mg-Hm-qz strgs
in* 68 132 64 1.15 +Kshear
* = previously released. Hm=hematite

http://www.diosexplo.com/images/Heberto%202016%20DDH_s.jpg

Drill sections are cross-cutting the strike length of the gold corridor.

Gold zones can be followed in strike from section to section. Hole 19 is 50 m south of section A. See updated 2015 Fall detailed results with June 2016 assay rechecks:

Hole From
m
To
m
Width
m
Grade
g/t Au
Section A
1 9 10
1 18.00 26.65 8.65 4.8 Kshear +
qz-py-mg strgs
in 7.50 30.40 22.90 2.13 idem
1 44.00 45.50 1.50 1.55 Kshear
1 62.50 63.50 1 2.02 Kshear
1 94.80 95.80 1 0.78 Kshear
9 22.25 23.25 1 1.12 Kshear +
qz-py-mg strgs
9 24.90 25.80 0.90 1.52 idem
9 28.75 29.25 0.50 1.91 idem
in 22.25 29.25 7 0.65 idem
9 65.00 87.00 22 2 Kshear +
qz-py-mg strgs
9 179 182 3 2.89 idem
in 173.25 188 14.75 0.75 idem
9 185 189 4 0.13 Kshear
9 215.5 216.25 0.75 1.27 mH breccia+
qz-py strgs
10 77.25 87.25 10 2.47 Kshear+
qz-py strgs
in 77.25 95.70 18.45
4 m not yet sampled
1.63 Kshear+
qz-py strgs
10 91.15 95.70 4.55 1.17 Kshear
10 112.75 114.1 1.35 1.68 bo-si shear
10 148.18 167.35 19.25 0.14 bo-si shear
10 272.75 276.25 3.50 0.53 Kshear
SectionH 135m S of A bo: biotite si: silica
5 62.35 65.70 3.35 3.93 Kshear+qz-py vein
in 7.05 1.88
or 61.35 65.7 4.35 3.04
5 76.3 77.3 1 1.89 bo-si shear
5 83.5 85.7 2.2 3.46 bo-si shear
5 135.5 149 13.5 0.17 Kshear+qz-py strgs
5 154.5 167.5 16.75 0.025 mH breccia
SectionH* 100 m S of A
6 96.25 100 3.75 3.66(1) Kshear+qz-py strgs
in 92.25 100 7.75 2.23(1) idem
6 172.5 181 8.5 0.12 bo-si shear
6 197.5 210.35 12.45 0.22 mH breccia
12 110.25 111.25 1 1.19 Kshear
in 110.25 121.35 16.35 0.30 Kshear
12 119.85 121.35 1.65 0.71 Kshear
12 124.60 126.60 2.00 0.53 sr-bo shear+
qz-py strgs
12 144.25 161.00 11.35 0.11 qz-py strgs
Section B 105 m N of A
11 89.00 102.40 13.40 0.21 bo-si shear+
qz-py strgs
11 203.40 205.00 1.60 1.51 bo-si shear+
qz-py-mg strgs
11 212.30 216.00 3.70 3.23 Kshear+
qz-py-mg strgs
11 234.50 239.75 5.25 0.22 Kshear,pymg strgs
11 241.90 243.0 1.10 1.23 Kshear
11 269.50 270.5 0.75 0.52 bo-si shear
2 54.00 79.00 25.00 0.19 Kshear
section D 350m N of A
3 17.00 19.00 2.00 1.10 bo-si shear
in 12.00 23.90 11.90 0.30 bo-si shear
3 33.75 34.75 1.00 1.25 bo-si shear
4 section D 20.00 20.75 0.75 1 bo-si shear
4 51.80 52.20 0.40 7.6 qz-py strg
4 64.50 65.00 0.50 2 bo-si shear +
qz-py strg
8 253 m S of A 15 16 1.00 1.03 Si shear
8 131 134 3.00 0.10 mH breccia
8 134.00 136.0 2.00 0.52 bo-si shear
(1) June 2016 new assays, fire assay with gravimetric finish over 3 g

Further drilling is planned. Reassays are pending. Also, further core sections will be sampled in extents of gold zones at least in holes 5, 6, 9, 10, 11 and 12.

Recent 2016 drilling (1532 m) targeted vicinities of HEBERTO gold showing (5.2 g/t gold over 5 m) and a gold-bearing corridor over a 700 meter strike length. Along central section, a shallower-dipping pyrite-magnetite-hematite-quartz stringers richer system appears developed. HEBERTO major gold system is located within a 5 X 8 km high potential gold-in-outcrop area, with several km scale gold targets like HEBERTO to be drilled, 50 km south of Goldcorp's Eleonore world class gold mine and 20 km west of Clearwater gold deposit, James Bay Eeyou Istchee, QC.

Due to field conditions, hole 20 began directly in the diorite and missed the targeted tonalite/diorite contact. A good potential to the southwest and at depth will be tested with further drilling, among others. One-meter core samples were assayed at ALS-Global laboratory in Val D'Or, Quebec, for gold (Au-AA23 and fire assay with gravimetric finish over 3 g) with industry standards quality control. Technical data was reviewed by Harold Desbiens, M.Sc. Geo 43-101 QP.

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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