Posted in | News | Gold

Sirios Announces Completion of Drilling in Eeyou Istchee James Bay

Sirios Resources Inc., a pioneer in the discovery of significant gold deposits, has reported that it has completed drilling 2,517 m in total so far on the Cheechoo gold property located in Eeyou Istchee James Bay, Quebec.

Sirios Announces Completion of Drilling in Eeyou Istchee James Bay.

Image Credit: Shutterstock.com/ Phawat

Visible gold was noted in 10 instances in five of the nine definition diamond drill holes summing 1,767 m. Two more definition holes were drilled by reverse circulation (RC) to a total of 211 m.

Until now, three exploration diamond drill holes have been finished for a total of 539 m. The occurrence of visible gold, as well as the lithologies sectioned, are in line with the hopes of Sirios’ geologists and the gold deposit modeling.

Due to the excellent diamond drilling production rate compared to reverse circulation drilling, Sirios’ management has taken the decision to finish the remainder of the campaign through diamond drilling. Thus, the definition drill program will proceed by diamond drilling with Synee Drilling Inc. on the sites that were scheduled initially. The total number of meters to be drilled could be altered.

The definition drilling program aims to better identify the Cheechoo deposit and start an updated resource estimate (as soon as 2022) that will enable a considerable amount of inferred resources to be transformed to denoted resources. The enhanced gold resource classification of the project will raise the value of the Cheechoo deposit and support the progress of the project to a more advanced stage with the completion of a Preliminary Economic Assessment (PEA).

About the Cheechoo Property

The Cheechoo gold property has been 100% owned by Sirios and is situated in Eeyou Istchee James Bay, Quebec, within 9 km from Newmont’s Eleonore gold mine. The new resource evaluation for the Cheechoo project (October 2020) predicted an inferred resource of 2.0 million ounces of gold embedded in 93.0 million tons of rock at an average grade of 0.65 g/t Au, with considerable prospects to increase this resource.

The scientific and technical content of this report has been reviewed and approved by Dominique Doucet, P.Eng. president and CEO of Sirios Resources Inc., and Jordi Turcotte, P.Geo. senior geologist, both qualified persons as per National Instrument 43-101.

Source: https://sirios.com/en/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Azthena logo with the word Azthena

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.