Welcome!

News Feed Item

Fall-Winter Work on DIOS 33 Carats Gold

MONTREAL, QUEBEC -- (Marketwired) -- 02/28/14 -- Prospecting, geological mapping and soil sampling by helicopter over the last two years by DIOS EXPLORATION (TSX VENTURE:DOS) delineated a highly prospective area for gold within a felsic intrusive, at the head of a gold-in-till dispersal train on wholly-owned 33 CARATS project, along road 167 north of the town of Chibougamau, Quebec, 40 km south of the Renard diamond deposit and 6 km northwest of the Eastmain Mine gold deposit (1.0 million tons grading 15.3 g/t Au, 15.1 g/t Ag and 0.27% Cu). DIOS' Bohier tonalite hosts numerous porphyry-type gold-silver-copper-bismuth showings associated with a magnetic low. The head of the gold glacial train points to the low magnetic anomaly within the Bohier tonalite (a 3.5 by 1.5 km area). First gold-bearing tonalite outcrops were discovered in summer 2012. The property is cut by the Eastmain River and hosts numerous shallow lakes. It is poorly exposed, with large areas without outcrops covered by swamps, muskegs and creeks. Typical mineralization within tonalite consists of disseminated/stringer pyrite-chalcopyrite associated with 1-5% biotite-magnetite and/or quartz stringers/veinlets.

With recent road access this Fall, a first drill program was undertaken to locate the source of some mineralized boulder trains and to drill-test some surface showings within the Bohier tonalite on dry ground accessible from the road. A total of nine exploratory diamond drill holes totaling 1332 m were completed on 33 CARATS SOUTH claims. The drill program specifically targeted weak to high magnetic lineaments within the magnetic low. Drilling was divided into two parts, with a two km area between the two remaining untested due to lack of access, focusing first on the northern part of the low magnetic anomaly within the tonalite, where 10 metric intervals greater than 100 ppb Au were intersected in three different holes: 13-01, 03 & 04. The best cut returned 1.14 g/t Au, 2 g/t Ag & 0.12% Cu over 3.0 m (210.35-204.35 m) in hole 13-01. Wide zones of potassic (biotite- potassic feldspars) and propylitic (epidote) alteration were intersected in holes 13-01 & 03. The second part of the drill program targeted the Shower Cap area some two km to the south, located at the southern limit of the low magnetic anomaly. Hole 13-07 was drilled directly underneath the Shower Cap showing to a total depth of 111 m and returned 3 intervals greater than 1.0 g/t Au: 1.38 g/t Au, 1.7 g/t Ag & 0.15% Cu over 0.5 m (19.00-19.50 m), 1.09 g/t Au, 1.2 g/t Ag & 0.13% Cu over 1.5 m (25.25-26.75 m) and 1.3 g/t Au over 1.0 m (100.00-101.00 m).

Best results from the drill program are as follows:

-1,14 g/t Au; 2,0 g/t Ag; 0,124% Cu; 25 g/t Bi/ 3,0 meters (hole 13-01; 201,35-204,35m);

-0,322 g/tAu /7,75 m (hole 07; 19,00-26,75 m) including 1,375 g/t Au; 1,7 g/t Ag; 0,15% Cu/0,50m (19,00-19,50 m), 1,085 g/t Au; 0,87 g/t Ag; 0,09% Cu/1,50 m (25,25-26,75 m) and 1,295 g/t Au /1,00 meters (100-101m).

-0,184 g/t Au /11 meters (hole 13-04; 91,50-102,50 m) including 0,97 g/t Au/ 1meter (91,50-92,50 m) and 0,9 g/t Au / 1 meter (101,50-102,50 m).

They are all associated with biotitized-silicified-sulfurized (cpy-py) tonalitic zones adjacent to feldspar-phyric intermediate dykes.

Extensive porphyry-type alteration zones was observed within the tonalite. Biotitization (potassic alteration) is particularly well-developed and appears to be coincidental with a 2000 x 250 meter moderate magnetic (vertical gradient) lineament within the non to weakly magnetic tonalite (3500 x 1500-2000 m). The magnetic biotite-alteration consists of 10-30% disseminated (mm-cm) and/or fractured-filling. Potassic-feldspar alteration, hematitization-epidotization, and +/-carbonation (propylitic alteration) zones are also present in the northern portion of the weakly magnetic tonalite.

http://diosexplo.com/images/2013DDH.gif

Let us recall the Bohier tonalite hosts numerous showings associated with porphyry-type mineralization in outcrops (up to 4.93 g/t Au, 6.8 g/t Ag & 0.477% Cu) and in metric boulders (up to 7.76 g/t Au, 17.8 g/t Ag & 1.5%). A two km long area within the heart of the magnetic low could not be drill tested this fall. During the drill campaign, further prospecting & geological mapping was also conducted in the vicinities of the drilling sites.

About 100 m west of Shower Cap, a metric tonalite boulder returned this year 7.63 g/t Au, 16.5 g/t Ag, 0.64% Cu & 72 g/t Bi. Some 500 m west of Shower Cap, another similar mineralized boulder (found in 2012) returned 6.11 g/t Au, 3.7 g/t Ag, 0.35% Cu. Mineralization comprises disseminated traces-1% PY-CPY-MC associated with 2% (mm up to 4 cm wide) quartz veins, hosted within a moderately silicified non-magnetic tonalite. The presence of these boulders indicates that a 500 x 500 m area located north of Shower Cap between drill holes 13-07 & 13-08 remains highly prospective. The whole area is non-outcropping and covered with swamps.

About 100 m south of drill holes 13-01 & 02, a metric boulder returned this year 5.62 g/t Au, 7,3g/t Ag, 1,48% Cu, 4g/t Bi & 94 ppm Mo within a silicified tonalite. The source of this boulder is under a swampy area that was not tested during the 2013 drill campaign because of the field conditions. Another metric boulder located approximately 350 m south graded 7.33 g/t Au, 14.5 g/t Ag, 0.63% Cu & 74 g/t Bi. Mineralization consisting of 5-15% PY-PO and tr-1% CPY-MC occurs within a sheared, strongly biotitized and magnetic zone located at the contact with a fine to medium grained feldspar phyric intermediate intrusive (dyke?). The source of this boulder remains unknown.

From 37 new rock samples, best results follow :

2013 Prospecting Assay Results above 100 ppb Au


UTM x                    UTM y         Rock       Au       Ag    Cu       Bi
(Nad 27 18U)       (Nad 27 18u)         type    (ppm)   (ppm)    (%)   (ppm)
Boulder   692304        5803154     Tonalite     7,63    16,5   0,76      19
Boulder   691689        5805638     Tonalite     5,62     7,3   1,48       4
Boulder   692201        5801910     Tonalite     1,68    10,5   0,73       7
Outcrop   692484        5803170     Tonalite     1,10     0,3   0,01       5
Outcrop   692240        5802126     Tonalite     0,70       0   0,00       6
Outcrop   692698        5802611     Tonalite     0,61     0,6   0,11       2
Outcrop   692698        5802611     Tonalite     0,54     0,6   0,11       5
Outcrop   692698        5802611     Tonalite     0,54     0,4   0,11       0
Outcrop   692698        5802611     Tonalite     0,47     0,9   0,19       2
Outcrop   692698        5802611     Tonalite     0,32     0,2   0,03       2
Outcrop   692709        5802568 Granodiorite     0,25     0,2   0,04       0
Outcrop   692715        5802610     Tonalite     0,22     1,4   0,02       0
                                                                            
                                                               
See maps : http://diosexplo.com/images/Prospection20112013.gifhttp://diosexplo.com/images/33Carats2014Targets.jpg

Future drilling top priority-targets include:

1-eastern contact between tonalite and granodiorite marked by a N-S moderate magnetic lineament (gradient) located up-ice of mineralized (5,62; 6,59 and 7,33 g/t Au) tonalite glacial boulders; some weak humus gold anomalies (98,5 percentils) are present.

2-intersection of dioritic breccia (only observed as abundant metric glacial boulders) with E-W magnetic lineament;

3-up-ice area of JD glacial float train (grading up to 3,18 g/t Au) intersecting the same E-W magnetic lineament associated with diorite breccia;

4-western N-S oriented contact between the main magnetic and non-magnetic tonalite; numerous humus copper anomalies (98,5 percentil) are coincidental with the contact; including 131 000 ppb Cu.

5-possible extent of the northern biotite-alteration zone and its intersection with the magnetic tonalite (top priority target, coincident with spectrometric potassic anomaly).

Future work includes completing a grid and geophysical induced-polarization survey on the northern portion of the weakly magnetic tonalite where holes 1 to 6 intersected more intense alterations associated with disseminated sulphides (pyrite-chalcopyrite) and magnetite. Coincidental i.p. (induced polarization) conductors with magnetic lineaments will define priority drill targets. The E-W magnetic lineament associated with dioritic breccia and mineralized tonalitic floats also warrant being test-drilled.

Whole rock analysis and geological studies completed this winter indicate the Bohier tonalite belongs to the high silica leucotonalite suite (calk-alkaline) associated with a deformation zone, alteration and mineralization. Major and trace elements suggest geochemistry and geology (apart from thorium) similar to that of the Mooshla pluton in Abitibi (which is spatially associated with five gold deposits).

The length and significant values of the gold glacial train leading to the auriferous Bohier tonalite are comparable to the Au33 West gold glacial dispersal train and another major gold train of the James Bay area, such is suggested from internal and proprietary data from DIOS. The geological team at DIOS is of the opinion that the source of such a major long gold train with many values above 2 g/t gold and above 1 g/t gold in till (heavy mineral concentrates) suggests a very significant gold source.

Usual industry standard quality control was implemented for prospecting samples and core samples, generally 1 m long core samples split in two sent to ALS CHEMEX for gold assaying (AA23). This release was prepared by M.J. Girard, M.Sc. Geo, a 43-101 Q P.

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.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
The proper isolation of resources is essential for multi-tenant environments. The traditional approach to isolate resources is, however, rather heavyweight. In his session at 18th Cloud Expo, Igor Drobiazko, co-founder of elastic.io, drew upon his own experience with operating a Docker container-based infrastructure on a large scale and present a lightweight solution for resource isolation using microservices. He also discussed the implementation of microservices in data and application integrat...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and containers together help companies achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of Dev...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Updating DevOps to the latest production data slows down your development cycle. Probably it is due to slow, inefficient conventional storage and associated copy data management practices. In his session at @DevOpsSummit at 20th Cloud Expo, Dhiraj Sehgal, in Product and Solution at Tintri, will talk about DevOps and cloud-focused storage to update hundreds of child VMs (different flavors) with updates from a master VM in minutes, saving hours or even days in each development cycle. He will also...