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Drilling campaign planned on Dios Exploration’s (TSXV:DOS) wholly-owned K2 Property

Mining
TSXV:DOS
07 June 2021 15:45 (EDT)

Dios Exploration (DOS) is planning a drilling campaign for next quarter on its wholly-owned K2 gold property.

The focus of the drilling campaign will be on the Sesame gold target, a 2 km long by 200-400 m wide NE striking airborne IP anomaly, north of Kali pluton, 3.2 km up-ice of crumbly sericite enriched and carbonated felsic floats with 1-3% pyrite & quartz stringers that yielded up to 6.72 g/t Au, 29 g/t Ag, 0.2 % Cu, in perfect line up-ice of Wi-target gold-bearing glacial drumlins (10-283 ppb Au in B-horizon).

The K2 property, west-southwest of Azimut Exploration Inc.’s Elmer project, is underlain by the same stratigraphy.

During the planning meetings for summer-fall work, the board of directors granted 1.15 million five-year stock options at 10 cents per share under the company’s director, employee and consultant incentive stock option plan. The options vest in stages over eighteen months.

Dios Exploration Inc is a mineral research and mining exploration company. 

Dios Exploration (DIOS) is up 20 per cent, trading at C$0.12 per share at 3:51 pm ET.

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