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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Dios Exploration Inc | TSXV:DOS | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.01 | 50.00% | 0.03 | 0.025 | 0.03 | 0.03 | 0.025 | 0.025 | 287,400 | 20:59:32 |
In June and July, DIOS carried out rock prospecting, mapping and glacial soil sampling on wholly-owned gold-silver-copper K2 project, along a strategic 18 km long segment of favourable Lower Eastmain Greenstone belt DEFORMATION ZONE, James Bay Eeyou Istchee, Quebec.
K2 hosts Archean age volcanics intruded by felsic porphyry plugs and dykes wrapped around a synvolcanic tonalite pluton. K2 geology is favourable for Volcanic Massive Sulfides and Windfall-type gold mineralization.
Firstly in 2019, gold focus was on a dozen electromagnetic anomalies targeted for low sulfide content (apparent airborne induced polarization and other conductors) and their extents within western mixed volcanics (alternating basalt, gabbro, dacite and quartz-feldspar-porphyry horizons). DIOS’ previous work had yielded first ever gold in rock in the area in pyritized altered dacitic boulders up to 6.72 g/t gold associated with gold-in-soil anomalies (9 to 249 parts per billion gold) near several kilometer Wi-Target conductor.
Second, favourable northeast and eastwest structures were investigated within intrusives:
K2 has not been drilled and the western and northwestern claims (2019 focus) do not seem to have ever even been ground prospected nor sampled before DIOS and its high expertise geological team is enthusiastic about the variety of different mineralizations and associated rock types uncovered and looking forward for results to come. A total of 301 rock grab samples were taken (31 quality control blanks) and 147 B glacial horizon soil samples (including 11 duplicates) were also collected along drumlin elongated glacial features near targeted geophysical conductors and structures.
K2 covers 85 sq. kilometers some 285 kilometres north of the town of Matagami, 30-50 kilometres northeast of Eastmain village, and 40 kilometres west of James Bay Road. This press release was prepared by M.J. Girard, M.Sc. Geo and 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.
Marie-José Girard, President & CEO mjgirard@diosexplo.com Tel. : (514) 923-9123
www.diosexplo.com
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