Sirios Resources Inc.: Beginning of the Drilling Campaign on the CHEECHOO Gold Property
30 Aprile 2014 - 2:45PM
Marketwired
Sirios Resources Inc.: Beginning of the Drilling Campaign on the
CHEECHOO Gold Property
MONTRAL, QUEBEC--(Marketwired - Apr 30, 2014) - SIRIOS RESOURCES
INC. (TSX-VENTURE:SOI) announces the beginning of the diamond
drilling campaign on the Cheechoo gold property adjacent to the
Éléonore gold mine property of Goldcorp in James Bay, Quebec. Two
drill holes will be executed at first followed by a temporary halt
during the thaw. Once the conditions of access to land are
re-established, the drilling program will restart along with the
detailed prospecting and systematic rock sampling.
Recall that six drill holes completed on Cheechoo had previously
localized a low-grade gold envelope with a minimum area of 250 X
525 metres and to a depth of 200 metres vertically (press release
January 13, 2014). This envelope remains open at depth and in all
directions except the south-east end.
The Cheechoo gold project is situated at less than 10 km from
the Éléonore gold mine of the producer Goldcorp which the beginning
of the production is planned at the end of 2014. This world-class
deposit contains 4.03 million ounces of proven and probable gold
mineral reserves and 4.10 million ounces of inferred gold mineral
resources (Source: Goldcorp's press release, March 28,
2014). Sirios concluded in 2012 an agreement with Golden
Valley Mines Ltd involving the Cheechoo property that, upon
completion of certain obligations and counterparties, will increase
its interest to 100% (Press release December 9, 2013). Sirios is
the operator of the project.
This press release was prepared by Dominique Doucet, P. Eng.,
President of Sirios, Qualified Person pursuant to National
Instrument 43-101
Statements in the release that are "forward-looking
statements" are based on current expectations and assumptions that
are subject to risks and uncertainties. Actual results could differ
materially. We undertake no duty to update any forward-looking
statement to conform the statements to actual results or changes in
our expectations.
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.
Dominique DoucetPresident (514) 510-7961(514)
510-7964ddoucet@sirios.comPeter Kong, B.B.A(514) 510-7961(514)
510-7964pkong@sirios.comwww.sirios.com
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