- Sirios Resources Inc. (SOI) reports significant gold assay results on the Cheechoo Gold Property, Quebec
- Holes 270 and 280 resume to show the continuity of gold mineralization in the north-eastern contact area
- Further to the west, the assay results intersected multiple high grade gold zones
- The resource estimate projected an inferred resource of two million ounces of gold
- There are still six drill holes from the program that are pending assay results
- Sirios Resources Inc. (SOI) is up 15.38 per cent and is trading at $0.07 per share as of 1:01 p.m. EST
Sirios Resources (SOI) has reported significant gold assay results from its September drilling program on the Cheechoo Gold Property, Quebec.
Holes 270 and 280 resume to show the continuity of gold mineralization in the north-eastern contact area. The gold zones were already intersected by holes RC-01, RC-02, 281 and 285 in the 2021 campaign. Intervals were assaying up to 2.83 grams of gold per tonne over 55 metres and 4.90 grams of gold per tonne over 22 metres.
Further to the west, the assay results intersected multiple high grade gold zones which include metric to pluri-metric zones with grades up to 50 grams of gold per tonne.
These new diamond drilling results again confirm the continuity of the gold mineralization in a 2020 mineral resource estimate. The estimate projected an inferred resource of two million ounces of gold contained in 93 million tonnes of rock, with significant potential to increase resources.
The data will be used in the preparation of the next mineral resource estimate for the Cheechoo Project, scheduled to be completed this year.
There are still six drill holes from the program that are pending assay results.
The Cheechoo Gold Property is in Eeyou Istchee James Bay, Quebec, and is Sirios’ primary focus for exploration work.
Sirios Resources Inc. (SOI) is up 15.38 per cent and is trading at $0.07 per share as of 1:01 p.m. EST.