DIOS EXPLORATION (TSX VENTURE:DOS) reports encouraging diamond saw channeling results on the Conductor gold showing recently discovered by DIOS on its U33 diamond-gold exploration project, James Bay, Quebec.
The discovery is located 52 kilometers SE of the multi-million ounces of gold Eleonore deposit and 12 kilometers NE of the million ounces of gold Clearwater deposit.
Let us recall that outcrop grab sampling of the Conductor showing had returned:
-
37.3 g/t gold , 16.8 g/t silver;
-
24.0 g/t gold, 29.6 g/t silver;
-
16.0 g/t gold, 3.9 g/t silver, 0.18% zinc;
-
14.2 g/t gold, 54.0 g/t silver, 1.75% lead, 1.06% zinc;
-
6.0 g/t gold, 3.9 g/t silver;
-
5.0 g/t gold, 4.5 g/t silver;
-
4.5 g/t gold, 1.4 g/t silver;
-
4.2 g/t gold, 53.6 g/t silver, 0.82% lead, 0.75% zinc;
-
2.9 g/t gold, 15.8 g/t silver, 0.56% lead, 0.11% zinc.
Additional prospecting, till sampling, line cutting and induced polarization survey (40 km-lines) is currently taking place on the Conductor gold showing and its extents. The large DIOS wholly-owned U33 project covers 708 sq. kilometers in the Opinaca-Eastmain 1 area, Quebec.
DIOS has 34.3 million shares outstanding and over 3 million dollar funds available to pursue its exploration programs. The technical content of this press release was prepared by Harold Desbiens, M.Sc., P.Geo, a Qualified Person pursuant to National Instrument 43-101.
Source: DIOS Exploration Inc.