Drilling production exceeds significantly expectations on the Cheechoo gold property
MONTREAL, April 17, 2018 (GLOBE NEWSWIRE) -- Management of SIRIOS (TSX-V:SOI) is pleased to announce that the 2017-2018 Autumn-Winter diamond drilling program on the Cheechoo gold property, at Eeyou Istchee James Bay, Quebec, has been exceeded by more than 4,000 metres. This brings the total drilling of this program to more than 22,000 metres, while respecting the initial budget. Furthermore, following a recommendation of the technical committee, the Board of Siros has allowed the undertaking of an additional dozen of holes totalling 3,000 metres financed from funds currently available in the company. These drill holes will complete the systematic coverage of the main gold area measuring approximately 500 metres by 500 metres with 50-metre spacing.
The fieldwork continues on Cheehoo with the drilling of holes #186 and 187. More than 47 drill holes have been completed in 2018, in addition to the 33 drill holes in the Autumn 2017. Assay results of the last 15 drill holes of 2017 (#126 to 140) will be available and released very shortly. Finally, a downhole logging survey is ongoing, over 30 preselected drill holes will be surveyed that will generate structural information on a cumulative length of approximately 10,000 metres.
A map locating all 2018 drill holes is available at the following link:
http://sirios.com/images/2018-DDH-map.jpg
Sirios's fully owned Cheechoo property is located at Eeyou Istchee James Bay, Quebec, approximately 800 km north of Montreal, 200 km east of Wemindji and less than 10 km from the Goldcorp's Éléonore gold mine.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, contact:
Dominique Doucet, Eng., President, CEO ddoucet@sirios.com
Nicole Gauthier, Exploration Manager, ngauthier@sirios.com
Tel.: (514) 510-7961