QUEBEC – Montreal-based Sirios Resources, operator and 45% owner of the Cheechoo gold project 320 km north of Matagami, says that recent drilling has extended the known gold envelop reaches 200 metres below the surface and extends at least 900 metres from southeast to northwest with a width of between 300 and 450 metres. The balance of the project belongs to Golden Valley Mines.
Sirios said a section of 22.5 metres of tonalite assayed 0.40 g/t Au in drill hole 14, located 600 metres northwest of holes drilled in 2012 and 2013. The assay was returned from core taken between 215.0 and 237.5 metres, including a 1-metre section that graded 1.21 g/t.
Hole 13 confirmed that westward extension of the tonalite. Assays from the first 110 metres of this hole were 0.48 g/t Au over 14.5 metres, 0.40 g/t over 11.0 metres; 0.67 g/t over 4.0 metres and 1.27 g/t over 2.0 metres. The best result was 2.04 g/t over 1 metre.
Gold showings at Cheechoo were discovered in 2010 by Sirios teams. The property lies about 10 km southeast of the Éléonore gold mine under construction by Goldcorp.
Additional information about the Cheechoo property is available at Sirios.com.