QUEBEC – Sirios Resources
of Montreal, the operator and 45% owner of the Cheechoo gold project 320 km north of Matagami, has drilled new gold zones on the property. Golden Valley Mines
of Val d’Or, QC, owns 55% of the project.
Sirios summed up the discovery: “Three drill holes (Nos. 23, 25 and 26), situated between 200 and 250 metres from the first two drill holes reported in December 2015 intersected other distinct gold zones. These zones, yielding grades between 4.66 g/t Au and 18.95 g/t Au over lengths between 1 metre to 3 metres, are also included in intervals of lower grades reaching up to 1.00 g/t Au over 33 metres in hole No.26. Other gold zones with smaller lengths were also intersected by these drill holes.”
And there is more. Hole No.30, drilled 650 metres from the older holes, cut a zone grading 0.79 g/t Au over 23.90 metres including 1.78 g/t over 3.5 metres centre on a fault, said the company.
The Cheechoo property is located in the James Bay region about 10 km from the new Eleonore gold mine belonging to Goldcorp.
More information about the drilling at Cheechoo is available at Sirios.com