PriceSensitive

Sirios Resources (TSXV:SOI) expands its Cheechoo gold property

Mining
TSXV:SOI
20 April 2022 09:30 (EDT)

Expansion of the Cheechoo property (69 new claims)

Sirios Resources (SOI) has announced the expansion of the Cheechoo gold property in Quebec.

The expansion follows the acquisition, by map designation, of 69 new claims covering approximately 36 km2. The Cheechoo property now consists of 225 claims, covering an area of 118 km2, divided into three non-contiguous blocks.

The 69 new claims were acquired by Sirios both for their exploration potential for gold as well as to facilitate possible mining infrastructure development.

The Cheechoo gold property, wholly-owned by Sirios, is located in Eeyou Istchee James Bay, Quebec, less than 9 km from Newmont’s Eleonore gold mine. The latest resource estimate for the Cheechoo project (October 2020) estimated an inferred resource of 2.0 million ounces of gold contained in 93.0 million tonnes of rock at an average grade of 0.65 g/t Au.

Sirios Resources is a pioneer in the discovery of significant gold deposits in the James Bay region of Quebec.

Sirios Resources Inc. (SOI) opened trading at C$0.085 per share.

Related News