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Dios Exploration Updates on Field Work Conducted at 33 Carats Gold Project

Dios Exploration has provided an update on the 33 Carats gold project. Granodioritic-tonalitic rocks as well as dispersed quartz veins and chalcopyrite-pyrite mineralization have been included in the project located towards the northwest part of the Eastmain gold mine. They indicate potential for mineralized gold porphyry.

During July-August of this year, a spectrometry and prospecting-mapping follow-up program was completed that targeted the tonalitic Erasme Lake intrusive phase.

There is a clear bismuth-copper-gold-silver association typical of deposits containing gold porphyry. A soil sampling was completed in the same area to identify drill targets. The Otish Mountains road passes through the potential soil grid area.

In last fall season, Dios identified several tonalitic glacial boulders that yielded gold between 1.0 and 3.2 g/t. A fresh sequence of reanalyzed tills that were grabbed for diamond mining intersected anomalous values of gold ranging 301, 352, 384, 424, 504, 1320, 2385, 2500 ppb in the heavy minerals concentrates. The company performed mapping and prospecting at the 14 Karats project, approximately 50-75 km towards NE of 33 Carats project.

Dios completed a summer exploration at the south section of SHADOW gold project in the Eastmain-1 division. This program includes prospecting-mapping and soil sampling.

Dios is planning additional prospecting-mapping work on nearby gold project LECARON that will more precisely focus on a sector, enclosing mafics volcanics where 37 rock samples were collected during 2012. The company is conducting a till sampling program in order to search for additional targets.

Osisko has finished a second-year of prospecting-mapping and soil samplings at the 33 West gold project. Dios has planned to carry out more work. The company sent rock samples to the ALS-CHEMEX laboratories. IOS Géoscientifiques concluded soil sampling and glacial till sampling programs in these regions.


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G.P. Thomas

Written by

G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.


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