DIOS Exploration Inc.

DIOS Exploration Inc.

March 17, 2016 08:45 ET

New 600 M Mineralized Shears Discovered on Heberto

MONTRÉAL, QUÉBEC--(Marketwired - March 17, 2016) - Current drilling on DIOS EXPLORATION (TSX VENTURE:DOS) wholly-owned (no royalties) HEBERTO GOLD hit a NEW MINERALIZED POTASSIC SHEAR called CENTRAL in James Bay Eeyou Istchee, 25-50 meters west of HEBERTO shear. CENTRAL SHEAR was discovered in five new holes along at least a 600 m strike length over widths of 20-23 m, 8.4 m, 14 m, 24.7 m and 6.22 m from south to north, characterized by quartz-pyrite-magnetite stringers (1-3 % PY) and a 20-50% quartz-pyrite-magnetite stringers metric horizon.

The WEST POTASSIC SHEAR, another mineralized potassic altered shear zone was discovered west of CENTRAL with 1-3 % pyrite (gold pyrite association) in this oxidized intrusion related discovery through same five hole strike length and 4 to 14.5 m widths. The HEBERTO potassic shear east of CENTRAL was hit again with 1-2 % pyrite up to 17 m wide. This HEBERTO shear had graded homogeneous gold values of 2 grams gold per tonne over 22 meters (true width, 1 m samples, no high gold value stretched out) and 2.13 g/t gold over 22.9 m including 4.79 g/t gold /8.65 m in another hole, dipping 45 degrees west.

HEBERTO GOLD major structural system is NNW-SSE striking with a minimum 700 m drilled strike length, open in all directions and located 50 km south of Goldcorp's Eleonore world class gold mine and 20 km west of Clearwater gold deposit. HEBERTO kilometre scale gold target is one out of many high potential circular magnetic intrusive within a 5 X 8 km very highly anomalous gold-in-rock outcrop values, up to 37 g/t gold.

Mineralogical studies show no refractory minerals, indicating positive gold recovery. Ongoing drilling and core logging is supervised by Harold Desbiens, M.Sc. Geo 43-101 QP. Out of 456 one meter core samples to date, a first 294 were delivered to the laboratory early this week.

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