Apr 22 2016
Management of DIOS EXPLORATION is very pleased to report first results received from 2016 recent drilling on wholly-owned HEBERTO. Hole 19 cut 3.65 grams gold per tonne over 13 m (71 m-84 m) in a 64 m true thickness interval grading 1.15 g/t gold from 68 to 132 m on HEBERTO.
Recent 2016 drilling targeted vicinities of HEBERTO gold showing and checked the N160 degrees goldbearing corridor over a 700 meter strike length. That goldbearing structure consists of several meters thick potassic altered shear zones with traces-4% pyrite (traces magnetite) in a large granodiorite/tonalite pluton. DIOS is looking for a significant worldclass oxidized IRG gold deposit. Enriched gold content in association with pyrite and magnetite confirm that model deposit.
This is promising because of pyrite and magnetite associated with gold on HEBERTO. The first gold zone in hole 19 (from 71m to 84m) has 3-5% pyrite-magnetite (hematite-quartz-biotite) stringers/veinlets and the second one from 92-128 m has potassic shears with 1-3% disseminated pyrite (magnetite). Gold zones can be followed in strike and dip. Hole 19 is located 50 m south of holes 2015-01 (2.13 g/t gold/22.9 m), 2015-09 (2 g/t gold/22 m) and 2015-10 (1.63 g/t gold/18.45 m). Hole 19 is also located 50 m north of hole 2015-06 (1.94 g/t gold/7.75 m) and 112 m west of hole 2015-01.
DIOS 2016 Heberto 1532 meter eight drill hole program tested 8 targets. Further assays and re-assays are pending and will be released in the coming weeks for other holes. HEBERTO major km scale gold system is located within a 5 X 8 km highly anomalous gold-in-outcrops area, 50 km south of Goldcorp's Eleonore world class gold mine and 20 km west of Clearwater gold deposit, James Bay Eeyou Istchee, Quebec.
Samples were bagged and sent to ALS-Global laboratory in Val D'Or, Quebec: 616 samples (559.5 m of core) were sent for gold assays (Au-AA23) with 52 inserted blanks (certified barren quartz) for quality control. Technical data was reviewed by Harold Desbiens, M.Sc. Geo 43-101 QP.
Source: http://www.diosexplo.com/