Jul 20 2015
As planned following permitting, drilling crews and equipment were effectively mobilized this week ready to drill HEBERTO GOLD, a northsouth silicified quartz diorite DYKE STRUCTURE at least 30 m wide visible in outcrop and intruding a tonalite hydrothermal magmatic dome.
The one visible contact returned 5.18 g/t gold over 5 m in association with disseminated fine grained pyrite along a 1.2 km long targeted northsouth induced polarization anomaly to be drilled. A sampled north-south striking 7 m wide mineralized envelope had graded 1.89 g/t gold from all channel samples over the 10 m northsouth area that could be surface sampled and it remains open along strike, at depth and to the west.
DIOS has 41 million shares outstanding, a very tight share structure and a positive working capital.
The Board granted 980,000 stock options under the Stock Option Incentive Plan to directors and employees at an exercise price of $0.10 per share, expiring five years from date of grant.
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Source: http://www.diosexplo.com/