SIRIOS Resources Inc.
TSX VENTURE : SOI

SIRIOS Resources Inc.

February 08, 2010 09:27 ET

Rubidium, Beryllium, Tantalum and Cesium Associated With the SIRIOS-DIOS Lithium Discovery

MONTREAL, QUEBEC--(Marketwire - Feb. 8, 2010) - SIRIOS RESOURCES INC. (TSX VENTURE:SOI)announces the assay results of several metals associated with its lithium discovery on the PONTAX – LITHIUM property, which is equally held with EXPLORATION DIOS INC. (TSX VENTURE:DOS), in James Bay, Quebec. The results from the lithium pegmatites show grades of up to 4,980 ppm (g/t) over 1.8 m of rubidium (Rb), 484 ppm over 3 m in beryllium (Be), 204 ppm over 4 m in tantalum and 480 ppm over 2 m of cesium.

Dominique Doucet, president of SIRIOS states: "Our PONTAX-LITHIUM discovery is the most recent significant lithium discovery in eastern Canada. It will certainly gain importance as additional work is undertaken on the property. Other lithium projects from companies such Lithium One, Nemaska, and First Gold, all within an 80 km radius of our property, undoubtedly define a significant lithium metallogenic province in this sector of James Bay."

The main assays results are shown in the two following tables and contain only the pegmatite results:

Table of channel sampling assay results Pontax – Lithium

Channel Location (m) From (m) To (m) Width (m) Li2O (%) Rb (ppm) Be (ppm) Ta (ppm) Cs (ppm)
1 0+00 17 23 6 1.21 1,570 135 71 133
    27 32 5 1.95 780 436 40 186
                   
2 0+50 W 25 29 4 2.22 531 120 204 67
    31 35 4 1.01 2,735 116 40 206
    39 41 2 1.34 1,630 250 91 114
                   
3 0+75 W 0 3 3 1.46 1,690 221 55 105
    10 14 4 1.07 1,219 110 47 121
    16 19 3 1.15 1,671 140 32 145
    24 30 6 1.47 1,504 185 37 144
                   
4 1+00 W 15 24 9 1.31 1,477 143 35 147
                   
5 1+50 W 2 4 2 2.34 398 43 6 59
                   
6 2+00 W 18 25 7 1.67 1,868 222 47 161
                   
7 3+75 W 0 4 4 3.00 1,229 35 33 223

Note: 1 ppm = 1 g/t and 1% = 10,000 ppm
Table of diamond drilling assay results Pontax - Lithium

Hole # Collar Location(m) From (m) To (m) Width (m) Li2O (%) Rb (ppm) Be (ppm) Ta (ppm) Cs (ppm)
09-01 0+50 E 46.85 55.85 9.0 1.69 289 120 42 214
    99.00 104.20 5.2 0.89 859 269 17 161
    119.00 121.00 2.0 0.50 2,175 219 59 108
                   
09-02 0+00 38.00 41.00 3.0 0.88 438 484 55 371
    44.25 45.25 1.0 0.86 1,650 280 47 398
    98.50 111.50 13.0 1.10 2,050 198 43 173
                   
09-03 0+50 W 15.35 17.35 2.0 1.31 926 71 41 480
    31.00 36.00 5.0 1.09 2,812 64 103 283
    83.00 95.00 12.0 1.38 1,286 149 41 239
                   
09-04 1+00 W 31.50 34.50 3.0 0.95 1,583 207 47 198
    59.50 60.50 1.0 1.32 1,940 101 25 288
    79.00 81.00 2.0 0.97 1,386 117 25 296
    87.00 90.00 3.0 1.01 2,603 87 32 196
                   
09-05 1+50 W 36.00 49.00 13.0 1.43 1,357 345 66 123
    56.00 57.00 1.0 1.06 672 277 71 133
    66.00 68.00 2.0 1.25 1,307 275 38 143
    82.00 83.00 1.0 1.14 399 219 34 229
    86.00 89.00 3.0 0.90 1,760 232 37 137
                   
09-06 2+00 W 5.00 9.50 4.5 0.91 1,940 171 58 222
    11.00 12.00 1.0 1.02 773 81 63 115
    47.65 49.65 2.0 1.01 2,000 196 51 221
    65.50 69.00 3.5 0.91 1,036 95 27 145
    89.75 92.85 3.1 1.11 1,383 303 27 170
                   
09-07 2+75 W 54.00 55.80 1.8 0.93 4,980 131 22 286
    74.20 79.00 4.8 1.01 1,334 67 31 177

Note: 1 ppm = 1 g/t and 1% = 10,000 ppm. True widths are approximately 85% of intersected widths.

The drilling and the channel sampling of last fall delineated a zone or swarm of pegmatites mineralised in lithium and other metals with a width reaching up to 50 metres over a strike length of more than 425 metres.

Thickness of the pegmatites, which are found in mafic volcanic rocks, generally vary between 3 to 5 metres in thickness but can also reach up to 13.5 metres. The pegmatites are mineralized in spodumene (lithium alumino-silicate). The drilling did not test further than 60 m below the surface. The zone is open at depth and on strike.

All drilling core samples and channel samples were assayed at the Actlabs laboratories in Ancaster, Ontario. A strict QA/QC program was followed which included mineralized standards and blanks for each batch of samples. Sodium peroxide was used to dissolve the samples and were assayed by ICP-AES and ICP-MS. Lithium assays results were converted into Li2O % (1% Li equals 2.15% Li2O).

This press release was prepared by Dominique Doucet, P. Eng., President of SIRIOS, and M.J. Girard, M.Sc P. Geo, President of DIOS, Qualified Persons 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.

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