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- GlobeNewswire
Drill Discovery of Goldbearing Zone on K2 WI Target, Quebec
K2 gold drill discovery- WI Target Gold compilation-geological features Geology - wholly-owned K2-Solo claim block K2-Solo gold in outcrops vs AZM Patwon MONTREAL, March 09, 2021 (GLOBE NEWSWIRE) -- Dios Exploration Inc. (TSX-V: DOS) is very pleased to report partial results with a first gold-bearing zone discovered by drilling the WI TARGET area, first ever drilling on wholly-owned K2 property, directly southwest of Azimut’s Elmer gold property, James Bay Eeyou Istchee, Quebec, More precisely on PP-1 anomaly, 1.5 km west of Kali intrusive, in a poorly outcropping area, hole K2-2020-01 intersected medium-coarse grained tonalite returning 8.92 g/t gold over /1m (352-353m) in contact with a strongly foliated mafic dyke with 0.5% pyrite-pyrrhotite disseminated in foliation. It is open in all directions and it seems associated with the hanging wall of a significant resistivity anomaly, at the contact between a high and low magnetic area. Located 200 m northeast, hole K2-2020-03 cut 0.5 g/t gold/1m (183-184m) in another such IP horizon, but also no volcanic rocks that could be the source of soft & crumbly mineralized/sericitic dacite boulders grading up to 6.72 g/t gold in the WI target area. Good NE up-ice targets such as the significant 10-20 meter large Curcuma shear zones and the southern contact between the Kali pluton and the adjacent volcanics (along the enriched gold-in-till drumlin) remain untested. So further soil and rock sampling and IP survey is warranted in that NE area to define further dill targets, See map. This K2-Solo claim block property wholly owned by Dios without any royalties covers 83.5 hectares (158 claims). There were extremely long delays at the assay office in Val d’Or ALS but results should get out sooner now. Drilling is already planned for next quarters. Several other areas of K2 gold property warrant further ground investigations, prospecting and drilling. Technical content of this release was prepared by M.J. Girard Geo M.Sc., 43-101 Qualified Person. 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. Contact information :Marie-José Girard, Geo M.Sc., 43-101 QPPresidentmjgirard@diosexplo.comTel. (514) 923-9123Website: www.diosexplo.com Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/b9400da5-4820-47f2-b77d-3f8c8010a623https://www.globenewswire.com/NewsRoom/AttachmentNg/4aa5b519-bb6a-4269-a525-f1e86fb2bdf7
- GlobeNewswire
DIOS Hits Mineralized Zones in the 2 Drill Holes Completed on Attila, Eastern Part of K2 Gold Project, Quebec
MONTREAL, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Dios Exploration Inc. (“Dios”) (TSX-V: DOS) is pleased to report first ever exploratory drilling is completed in Attila area with the two drill holes hitting mineralized zones in this eastern part of K2 project, James Bay Eeyou Istchee, Quebec, south-west of Azimut Exploration’s Patwon gold discovery. These two holes, totalling 492 m, were drilled on Attila-South and Attila-North targets, composed of fractured silicified and sericitized dacite injected by 1 to 7 percent quartz-chlorite-pyrite stringers associated with widespread 1 to 3% disseminated pyrite and traces of chalcopyrite over an area of 400 m x 500 m.Targeting by drilling southward Attila-South and associated gold-copper-zinc soil anomalies, hole nine cut a thick dacite sequence hosting numerous mineralized intervals varying between 15 to 40 meters thick and bottomed down in mineralized sericitized diorite with 1-5% disseminated pyrite for the last 13 m, still open at depth at 312 m.Testing northward the Attila-North target, hole ten hit a similar dacite sequence with several mineralized intervals between 22 to 46 meters thick and also ended in chloritized and silicified diorite with 1-3% disseminated pyrite for the last 7 m, still mineralized at 180 m. Both mineralized Attila zones remain open, warranting further drilling.Let us recall ATTILA gold-copper-silver prospect is hosted in a fractured rhyodacite dome overlying Kali Porphyry to the south (chalcopyrite-rich stringer/stockwork over 75 m long and 5 to 15 m wide, up to 8.08 g/t gold, 96.7 g/t silver, 2.43% Cu). Some 100 m north, a several meters sub-parallel horizon (Attila-N) extending over 50 m long with narrow quartz-carbonate-pyrite veins returned five samples greater than 1.0 g/t gold (up to 3.64 g/t Au & 26.7 g/t Ag) (see previous releases).Dios just completed its Fall 2020 helicopter-supported drill program on wholly-owned K2. It comprised ten holes totalling 2509.4 meters on Wi-Target and Attila showings 7 km east. Some 1,395 split core samples and 154 controls were recently sent to ALS-Global laboratory in Val d’Or, Quebec and are awaiting to be assayed. Further drilling is already planned for next quarters. Several other areas of K2 gold property warrant further ground investigations, prospecting and drilling. Technical content of this release was prepared by H. Desbiens Geo M.Sc., 43-101 Qualified Person.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.Contact information : Marie-José Girard, Geo M.Sc., 43-101 QP President mjgirard@diosexplo.com Tel. (514) 923-9123 Website: www.diosexplo.com
- GlobeNewswire
Drilling Update on DIOS’ K2 Gold Project, Quebec
MONTREAL, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Dios Exploration Inc. (TSX-V: DOS) is pleased to update current first ever drilling on wholly-owned K2 gold project (no royalties), James Bay Eeyou Istchee, Quebec. Dios completed six drill holes totaling 1761 meters testing 3 different geophysical targets (PP1, PP2, PP5) over a 500m by 1.5 km sector in non-outcropping WI-TARGET area. Many mineralized altered zones were observed in the core. Part of core samples is already sent for gold assaying in Val d’Or ALS. two more holes are planned on PP5 and two more on ATTILA target located 7km east.At the margins of a significant corridor (3 km long by 50- 250 meters wide, poorly resistive) were outlined five areas of ground IP anomalies, PP1 being adjacent to: (1) gold-in-soil anomalies (10 to 283 parts per billion gold); (2) sericite altered glacial floats with 1-2% pyrite-pyrrhotite, chalcopyrite & quartz stringers up to 6.72 grams/ton gold.PP5 (weak 600 m long anomaly) is coincidental with a deep VTEM conductor (within less resistive corridor) just north of a tonalitic apophysis contact entering towards west. Sub-parallel 400 m long PP2 anomaly was identified 1 km west of, and in strike with, the Cinnamon gold showing (east-west shear within tonalite with 1-2% pyrite grading up to 10 g/t gold & 1.81 g/t Au). PP-2 is located south of sheared altered poorly resistive corridor in volcanic-gabbro domain, at the margin of the tonalite apophysis.On PP1, holes 01 to 03 intersected synvolcanic porphyric diorite injected by basic and gabbroic dykes. Several foliated sericitized sections of diorite host 1-3% quartz stringers and veinlets & 1-2% pyrite up to 20m thick.On PP2, holes 04&05 intersected different 15-40 meters thick sections of fractured gabbro injected by 1-3% quartz stringers, with 1-3% pyrrhotite and 1% pyrite. A gabbro cut by a 30m-thick shear zone with 1-5% quartz-carbonate stringers & tr-1% pyrite was also observed south of PP2 anomaly.On PP5, injected within biotite tonalite, a foliated carbonated basic dyke hosts 1-4% quartz-carbonate-pyrite veinlets & 1-5% disseminated pyrite over 8 meter of hole 06.Among other targets is ATTILA gold-copper-silver prospect hosted in a fractured rhyodacite dome overlying Kali Porphyry to the south, (chalcopyrite-rich stringer/stockwork over 75 m long and 5 to 15 m wide, up to 8.08 g/t gold, 96.7 g/t silver, 2.43% Cu, south-west of Azimut Exploration’s Patwon gold discovery. This release was reviewed by MJ Girard Geo M.Sc. 43-101 Qualified Person.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.Contact information : Marie-José Girard, Geo M.Sc., 43-101 QP President mjgirard@diosexplo.com Tel. (514) 923-9123 Website: www.diosexplo.com
