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Message: DIOS Exploration Inc.: Gold discovery on Clarkie along Eleonore-Cheechoo corridor


2017-10-13 07:45:05 AM ET (Marketwired)

Up to 8.9 g/t gold in Eleonore type sediments

MONTRÉAL, QUÉBEC--(Marketwired - Oct. 13, 2017) - DIOS EXPLORATION (TSX VENTURE:DOS) reports a gold discovery on Clarkie, in Eleonore-Cheechoo corridor, up to 8.9 g/t gold and 6.8 g/t gold in sedimentary rocks outcropping some 120 m apart.

A 2.5 by 1 km area was targeted up-ice of a gold-in-till train (13 samples over 0.10 g/t gold, up to 1.16 g/t gold) and extents of Wacky gold showing within Clarkie sedimentary basin. Follow-up included prospecting and b-horizon soil sampling.

Focus was on Wacky gold showing composed of alternating metric to several meter large horizons of Silicified Amphibolitized Wackes (kind of sandstone) hosting 1-5 percent disseminated pyrite with silicate-garnet iron-formation (tr-2 percent py-po). Significant DIOS' 2017 results are follows.

Clarkie - Wacky Showing Gold Assays

M East  M North Rock type                        mineralization g/t gold
457582  5799034 wacke Am+ Si+                    1-3% PY        8.88
457527  5799140 silicate iron for-mation Am- Gr+ 1-2% PY        6.80
457500* 5799078 wacke Am+ Si+B                   1-2% PY        1.66
457500* 5799076 Qzv/ wacke Si+B                  TR-PY          1.28
457582* 5799033 wacke Am+ Si+                    1-2% PY        1.22
457521  5798968 wacke Am+                        1-2% PY        0.375
457582  5798615 wacke Am+                        TR-1% PY       0.619
457500  5799239 wacke Am+ (B)                    1% PY          0.188
457502  5799241 wacke Am+ Si+                    Tr-PY          0.108

B= Glacial Boulder *= 2016 sample

An outcrop with a value of 0.619 g/t gold is located 420 m south of the 8.88 g/t gold one, this one being 120 m south of the 6.8 g/t gold one.. Soil sampling shows very discrete gold anomalies possibly extending Wacky occurrence 300m north and 200m south.

Wholly-owned CLARKIE is a gold discovery in outcropping sediments of same type and age hosting Eleonore gold mine, James Bay, Quebec, near major Opinaca structure, some 25 km southeast of Cheechoo along Eleonore-Cheechoo corridor.

A total of 61 rock-samples (plus 6 blanks) and 67 soil samples (1-2kg) was collected and assayed at ALS Val d'Or.following good industry standards. This release was prepared by H. Desbiens, M.Sc. Geo 43-101 QP. 

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.

Marie-Jose Girard President & CEO (514) 923-9123 [email protected] www.diosexplo.com

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