Five Drill Holes Hit the CLN Gold Structure Over a 500 m Extent on Au33
MONTREAL, March 05, 2018 (GLOBE NEWSWIRE) -- DIOS EXPLORATION COMPLETED WITH SUCCESS FIVE DRILL HOLES IN THE PROMISING MINERALIZED ROCKS OF THE CLN STRUCTURE, WITH 100 M SPACING BETWEEN HOLES. ALL DRILL HOLES HIT THE CLN MINERALIZED STRUCTURE AND RELATED FRACTURE AND POTASSIC HYDROTHERMAL ALTERATION ZONES OVER TENS OF METERS (A MINERALIZED STRIKE DRILLED OVER SOME 400-500 M) . GOLD IS ASSOCIATED WITH FINE GRAIN PYRITE. The structure is well outlined over a 1000 m length on the magnetic data. There is a 2.71 g/t gold value in outcrop 300 m southwest and a gold-in-soil anomaly (B-horizon) 150 m further away.
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Outcrop samples from 2011-2012 returned gold values up to 12.65, 5.15, 2.56, 2.23 and 0.53 g/t gold along the shear. In 2017, out of nine grab samples taken along a 100 meter strike of the mineralized and altered foliated structure, eight samples returned assays superior to 0.5 g/t gold, including 12.55; 6.64; 4.66; 4.45; 2.01; 1.98 g/t gold.
DIOS AT THE PDAC IN TORONTO on March 6 and 7: booth IE 2617B
THE CLN GOLD TARGET IS A NORTHEAST STRIKING GOLDBEARING STRUCTURE, SUBSIDIARY TO A MAJOR EASTWEST FAULT, 3.5 KM NORTHEAST of DIOS’ HEBERTO GOLD DRILLING DISCOVERY ON ITS LARGE AU33 PROPERTY.
The CLN (Chain Lake North) showing consists of 30-35 meters wide zone of 10-15% biotite-silica-potassic feldspar altered fractures with 1-5% disseminated pyrite and/or stringers located in the footwall of a 5-10 meters wide northeast striking shear within tonalite rocks. Outlined over a 1 000 m strike on the magnetic gradient, it doesn’t have an induced polarization signature (similarly to Heberto Gold mineralized structures).
DIOS’ AU33 wholly-owned property, without any royalties, is located 55 km south of Eleonore world-class gold mine and 15 km west of Clearwater gold deposit. DIOS has 57 million shares outstanding, a tight capital structure and was never consolidated. This release was reviewed by MJ Girard, M.Sc. Geo 43-101 QP.
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, please contact:
Marie-Jose Girard, 43-101 QP
President & CEO
mjgirard@diosexplo.com
Tel. : (514) 923-9123