Sirios Resources Extends Gold Zone over 400 metres in Metasediments East of Cheechoo Gold Deposit

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[{"type":"text","content":" MONTREAL, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Management of Sirios Resources Inc. (TSX-V: SOI; OTCQB: SIREF) are pleased to announce the results of 7 diamond drill holes that were completed as part of a drilling program aimed at expanding the recently discovered mineralized zone in the metasediments (ref.: Press release 11/08/2022), located 300 meters east of the Cheechoo deposit. The Cheechoo deposit currently contains indicated resources of 1.4 Moz Au as well as inferred resources of 500,000 ounces of gold (BBA, MRE Update for the Cheechoo Project, 07/20/2022). The Cheechoo gold property, 100% owned by Sirios, is located less than 10 km from Newmont's Éléonore gold mine in Eeyou Istchee Baie-James, Quebec. Highlights: The 7 follow-up drill holes, completed in November 2023, all intersected the targeted mineralized zone (Table 1) with multiple significant gold assays near surface, thus demonstrating the strong continuity of this zone. 3.2 g/t Au over 9.0 metres (hole #301) was intersected 50 metres below the trench, which had previously returned 2.7 g/t Au over 11.0 metres at surface(Trench 2022-B). These results define a mineralized zone with a northwest-southeast orientation, extending over 400 metres in length and with an average width of 10 metres (Figure 1). This zone, present at the surface, has been traced to a depth of 100 metres and remains open in all directions. The 7 holes intersected the zone outside the conceptual pit limits of the 2022 Mineral Resource Estimate (MRE). The Cheechoo metasediment mineralized zone is a new gold zone that was discovered at surface in trenches during the summer of 2022. This zone shares geological characteristics similar to those of the neighboring Éléonore mine, including gold mineralization associated with pyrrhotite and arsenopyrite in meta-greywackes near the boundary between the La Grande and Opinaca geological sub-provinces. TABLE 1 : SIGNIFICANT RESULTS Drill Hole CH23- From (m) To (m) Au (g/t) Length* (m) Inside/Outside of MRE Conceptual Pit 269E 121.0 132.5 0.85 11.5 Outside 298 11.0 15.5 0.64 4.5 Outside 27.0 39.5 1.45 12.5 Outside 81.5 86.7 0.59 5.2 Outside 299 52.0 56.0 1.19 4.0 Outside 61.0 90.5 0.67 29.5 Outside 301 29.0 49.5 0.74 20.5 Outside 56.5 65.5 3.18 9.0 Outside Incl. 56.5 57.5 16.71 1.0 Outside 302 94.0 101.3 0.81 7.3 Outside   91.5 114.0 0.97 22.5 Outsi...

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