Correcting...Retransmission: Sirios Resources Inc.: New Gold Showings Discovered on Aquilon.MONTREAL--(BUSINESS WIRE)--Nov. 7, 1997--SIRIOS RESOURCES INC. ("SIRIOS") (ME: SOI.) announces the discovery of numerous new gold showings with values up to 12.7 grams of gold per tonne (g/T Au) on the AQUILON property located 10 kilometers south of the LA-1 (Laforge 1) hydro-electric complex, James Bay, Quebec. More than ten gold showings were discovered mainly in altered felsic volcanic and intrusive rocks (mainly biotitized, silicified, albitized and sericitized). The gold mineralization is generally associated with sulfide disseminations and/or quartz veins/stockworks. Showings grade from 1.2 to 23.4 and occur along a regional north-eastern lineament. These showings are within a five square kilometer gold anomalous area where grades greater than 100 ppb (parts per billion) occur frequently. Many metric massive sulfide horizons consisting of pyrite have also been located. SIRIOS acquired a new 50 square kilometer exploration licence west of the first licence to cover new showings recently discovered at the western margin of the first licence. The AQUILON property now covers 101 square kilometers and is easily accessible by the road going from LG-3 to LA-1; it is fully owned by SIRIOS. A general compilation map of the AQUILON property is available on request. All samples were assayed at ITS Bondar Clegg Chimitec Val d'Or laboratories by atomic absorption method. The press releases of SIRIOS are available on the CCN's web site http://www.cdn-news.com. SIRIOS is an exploration company for precious and base metals. Some 9,012,799 Common Shares of SIRIOS area issued and outstanding. Common Shares of SIRIOS are listed for trading on the Montreal Exchange under SOI. No regulatory authority has approved nor disapproved the content of this release. CONTACT: Sirios Resources Inc. Dominique Doucet, 514/288-3881 514/288-1028 (FAX) domindo@cam.org or Sirios Resources Inc. Marie Jose Girard, 514/483-5149 |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion