|By Marketwired .||
|February 28, 2014 10:10 AM EST||
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.
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.gif http://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.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 29, 2016 05:00 AM EDT Reads: 1,418
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Jul. 29, 2016 04:45 AM EDT Reads: 2,560
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Jul. 29, 2016 04:45 AM EDT Reads: 2,357
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Jul. 29, 2016 04:30 AM EDT Reads: 1,395
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jul. 29, 2016 04:15 AM EDT Reads: 2,671
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
Jul. 29, 2016 03:45 AM EDT Reads: 1,036
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
Jul. 29, 2016 02:45 AM EDT Reads: 1,598
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
Jul. 29, 2016 02:30 AM EDT Reads: 1,458
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
Jul. 29, 2016 02:00 AM EDT Reads: 1,679
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Jul. 29, 2016 12:30 AM EDT Reads: 1,700
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Jul. 29, 2016 12:15 AM EDT Reads: 1,995
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Jul. 29, 2016 12:15 AM EDT Reads: 2,091
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Jul. 28, 2016 11:45 PM EDT Reads: 1,244
In his session at @DevOpsSummit at 19th Cloud Expo, Yoseph Reuveni, Director of Software Engineering at Jet.com, will discuss Jet.com's journey into containerizing Microsoft-based technologies like C# and F# into Docker. He will talk about lessons learned and challenges faced, the Mono framework tryout and how they deployed everything into Azure cloud. Yoseph Reuveni is a technology leader with unique experience developing and running high throughput (over 1M tps) distributed systems with extre...
Jul. 28, 2016 10:15 PM EDT Reads: 2,228
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 28, 2016 10:15 PM EDT Reads: 1,444