Pontax, QC: New Diamond Play Area, Superior Craton MONTREAL, June 12 /CNW Telbec/ - DIOS EXPLORATION initiates an exploration campaign on the new PONTAX project (125,000 acres 350 kilometres north of Matagami) for diamond and metals (with partner SIRIOS) potential in a poorly explored region where took place recently a major staking rush (over 5,000 mining cells acquired for diamond and gold). A stream sediment and till sampling program will soon begin followed by Kimberlite Indicator Minerals (KIM) processing. http://www.sirios.com/sirios/docs/pontax.gif CHIBOUKI: DISPERSAL TRAINS LEADING TO NEW DIAMOND POTENTIAL AREA ---------------------------------------------------------------- DIOS uncovered new till KIM dispersal trains. A field program was just completed on the CHIBOUKI diamond project (100 % DIOS), strategically located near the town of Chibougamau, QC. New 111 till samples were collected following very significant results from more than 295 30kg-till samples. Most samples were collected up-ice of anomalous KIM areas and dispersal trains with G10 and G9 pyrope garnets, diamond growth or inclusion chromites, picroilmenites, a good number found in association with geophysical anomalies. A total of 15 high-priority geophysical targets were previously selected by a specialist for follow-up from the 200 meters-spaced Quebec government geophysical survey. These anomalies are all high magnetics and vary from 200 to 500 meters in diameters. Several of these exhibit cluster geometry and are associated with till samples containing pyropes and picro-ilmenites. Other lesser priority anomalies were also investigated by the till sampling. 33 CARATS : outstanding chemistry in KIM dispersal trains, sources to be ------------------------------------------------------------------------ explored -------- DIOS will pursue the search for the sources of the outstanding KIM minerals dispersal trains located on its wholly-owned 33 Carats property. Upon reception of the latest till results in June-July, DIOS plans to carry out further prospecting, geophysics and drilling this year. 33 CARATS EXTENSION (AROUND 33 CARATS AND FOXTROT) -------------------------------------------------- Picking results from over 300 30-kg till samples available in June-July for field follow-up. ARTAUD DIAMOND PROJECT ---------------------- Comprising a major claim block for a total area of 62,000 acres 80 km NW of Chibougamau, QC, south of Lac Frotet. Reconnaissance heavy mineral sampling programs by DIOS uncovered KIM minerals including pyrope garnets (G10, G9), picroilmenite and olivine. Preliminary picking just completed in May on 114 detailed basal till samples yielded 30 pyropes, 5 chromites, 23 ilmenites, 8 cr-diopsides and 2 olivines. Microprobe results will be available soon and total KIM should be increase. Results appear centered along a 2-4 km wide by 15-20 km long trend. HOTISH: FUNDING PARTNER VAALDIAM RESOURCES ACTIVE THIS SUMMER ------------------------------------------------------------- DIOS is a major diamond explorer in Quebec with several projects being developed along the favourable Mistissini-Lemoyne Structure that hosts several kimberlites, including the Ashton-Soquem Renards diamondiferous cluster, and the southern portion of that structure, which returned significant results for DIOS. DIOS also has a new project elsewhere in Quebec. The TSX-V Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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