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DIOS Exploration Inc.: Gold discovery on Clarkie along Eleonore-Cheechoo corridor

Up to 8.9 g/t gold in Eleonore type sediments

MONTREAL, QUEBEC -- (Marketwired) -- 10/13/17 -- DIOS EXPLORATION (TSX VENTURE:DOS) reports a gold discovery on Clarkie, in Eleonore-Cheechoo corridor, up to 8.9 g/t gold and 6.8 g/t gold in sedimentary rocks outcropping some 120 m apart.

A 2.5 by 1 km area was targeted up-ice of a gold-in-till train (13 samples over 0.10 g/t gold, up to 1.16 g/t gold) and extents of Wacky gold showing within Clarkie sedimentary basin. Follow-up included prospecting and b-horizon soil sampling.

Focus was on Wacky gold showing composed of alternating metric to several meter large horizons of Silicified Amphibolitized Wackes (kind of sandstone) hosting 1-5 percent disseminated pyrite with silicate-garnet iron-formation (tr-2 percent py-po). Significant DIOS' 2017 results are follows.

Clarkie - Wacky Showing Gold Assays

M East    M North   Rock type               mineralization          g/t gold
457582    5799034   wacke Am+ Si+           1-3% PY                 8.88    
457527    5799140   silicate iron for-mation1-2% PY                 6.80    
                    Am- Gr+                                                 
457500(i) 5799078   wacke Am+ Si+B          1-2% PY                 1.66    
457500(i) 5799076   Qzv/ wacke Si+B         TR-PY                   1.28    
457582(i) 5799033   wacke Am+ Si+           1-2% PY                 1.22    
457521    5798968   wacke Am+               1-2% PY                 0.375   
457582    5798615   wacke Am+               TR-1% PY                0.619   
457500    5799239   wacke Am+ (B)           1% PY                   0.188   
457502    5799241   wacke Am+ Si+           Tr-PY                   0.108   

B= Glacial Boulder (i)= 2016 sample

An outcrop with a value of 0.619 g/t gold is located 420 m south of the 8.88 g/t gold one, this one being 120 m south of the 6.8 g/t gold one.. Soil sampling shows very discrete gold anomalies possibly extending Wacky occurrence 300m north and 200m south.

Wholly-owned CLARKIE is a gold discovery in outcropping sediments of same type and age hosting Eleonore gold mine, James Bay, Quebec, near major Opinaca structure, some 25 km southeast of Cheechoo along Eleonore-Cheechoo corridor.

A total of 61 rock-samples (plus 6 blanks) and 67 soil samples (1-2kg) was collected and assayed at ALS Val d'Or.following good industry standards. This release was prepared by H. Desbiens, 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.

Marie-Jose Girard
President & CEO
(514) 923-9123
[email protected]

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