September 29, 2016 09:31 ET
MONTREAL, QUEBEC--(Marketwired - Sept. 29, 2016) - SIRIOS (TSX VENTURE:SOI) and its partner Sphinx Resources Ltd. (TSX VENTURE:SFX) announce the beginning of exploration work on the Cheechoo-Éléonore Trend project in Eeyou Istchee, James Bay, Quebec. A till sampling program will be carried out in the next following weeks along a 50 km potential gold trend. This sampling will provide a preliminary evaluation of the gold potential of this unexplored 50 km trend which is interpreted as the northwest extension of the Chechoo-Éléonore corridor. This trend hosts Sirios' Cheechoo gold discovery and the Goldcorp' Éléonore gold mine.
The Project's southeastern extremity is situated about 24 km northwest of the Éléonore mine and road access is available within 14 km. A map of the project property can be consulted at the following link: www.sirios.com/images/CET-Geology-IceDirection.jpg
Till sampling will be done with a 200 m spacing along a line perpendicular to the ice flow direction as well as down-ice from the Chechoo-Éléonore corridor. The program, to be carried out by Consultants INLANDSIS with the collaboration of TJCM (Table jamésienne de concertation minière), will include a quality control program.
Sirios and Sphinx announced recently the signing of a letter of intent to form a 50-50% joint venture for this project which consists of 551 claims (286 km2).
Techincal data that are presented in this press release were approved by Dominique Doucet, P. Eng., President of Sirios, 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.
Dominique DoucetPresident, Eng.(514) 510- 7961(514) 510-7964 (FAX)firstname.lastname@example.org
See all RSS Newsfeeds