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Dios Exploration: Drill Discovery of Second Gold Zone on K2, WI Target, Quebec
MONTREAL, April 14, 2021 (GLOBE NEWSWIRE) -- Dios Exploration Inc. is very pleased to report drill discovery of a second gold zone 800 m south-east of first eve
About this update from Dios Exploration, Inc.
[{"type":"text","content":" MONTREAL, April 14, 2021 (GLOBE NEWSWIRE) -- Dios Exploration Inc. is very pleased to report drill discovery of a second gold zone 800 m south-east of first ever drilled gold zone recently discovered in wider WI TARGET area of wholly-owned K2 claims, contiguous in strike SW of Azimut’s Elmer gold property, James Bay Eeyou Istchee, Quebec, More precisely on PP-2 (induced polarization) anomaly, hole 05 hit an intercept of 3.78 g/t gold over 1 m in association with a feldspar diorite & foliated gabbro contact and 0.5 percent pyrite (129-130 m), that is some 800 m south-east of hole 01 which did cut medium-coarse grained tonalite-diorite grading 8.92 g/t gold over 1 m, (see March 9 release). The PP-2 gold intercept is in same strike as cinnamon showing having returned 10 g/T gold in outcrop in a shear of same direction. PP-1 is 1.5 km west of Kali intrusive, a very poorly outcropping area, in contact with a strongly foliated mafic dyke with 0.5% disseminated pyrite-pyrrhotite. That previous first gold zone, open in all directions, did seem associated with the hanging wall of a significant resistivity anomaly, at the contact between a high and low magnetic sector, whereas this today’s second gold zone is located south of the footwall of said wide resistivity anomaly corridor. PP-2, an IP anomaly, is sub-parallel to PP-1 but on the southern side of this conductor’s footwall, whereas PP-1 is an IP anomaly located on the hanging wall of a significant electro-magnetic conductor. Hole 03 did cut 0.5 g/t gold/1m (183-184m) in another such IP horizon located 200 m northeast of hole 1, but also where no volcanic rocks were found to explain the source of soft & crumbly mineralized/sericitic dacite floats grading up to 6.72 g/t Au which remain unexplained. Good NE up-ice targets such as: 1.) the significant 10 - 20 meters large goldbearing Curcuma shear zones, grading as of now gold in outcrop such as 1.12 g/t Au and 2.) the southern contact between Kali pluton and adjacent volcanics (along enriched gold-in-till drumlin feature) remain untested. So further soil and rock sampling and IP survey is warranted in that NE area to define further drill targets. See map On PP-3 anomaly, hole 07 cut sections of fractured and sheared gabbro with 1% pyrrhotite & traces of chalcopyrite (48.30-57.00...