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Sirios Resources (TSXV:SOI) launches a re-assaying program for the Cheechoo Gold Project

Mining
TSXV:SOI
28 April 2021 09:00 (EDT)

Sirios Resources (SOI) has initiated a major re-assaying program for the Cheechoo Gold Project, Eetou Istchee James Bay, Quebec.

Several thousand core samples used to define the Cheechoo gold deposit may be re-assayed using the “LeachWELL” process (cyanide bottle roll leach) on one kilogram of material per sample.

To date, 643 samples have been sent to the AGAT and Actlabs laboratories.

Dominique Doucet, founder and CEO of Sirios, stated,

“Based on the results of the re-sampling program, we believe that the average gold grade of the Cheechoo deposit will improve. The drilling program that will be carried out this summer and the re-assaying program will increase the quality of the Cheechoo deposit and possibly the average gold grade. “

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 Inc. is a pioneer in the discovery of significant gold deposits in Eeyou Istchee James Bay, Quebec.

Sirios Resources Inc. is focusing primarily on its Cheechoo gold discovery, while actively exploring the gold potential of its other properties.

Sirios Resources Inc. (SOI) opened trading at C$0.10 per share.

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