DIOS Clarkie project: two main gold-in-soil anomaly clusters identified along 3 km long exhalative sediment-hosted Wacky Gold Trend

CBJ Newsmakers

MONTRÉAL, Feb. 11, 2019 (GLOBE NEWSWIRE) — Management of DIOS EXPLORATION INC. is pleased to report  Fall 2018 results from its CLARKIE gold project, along Eleonore mine – Cheechoo corridor in Lower Eastmain Greenstone-belt.  The 2018 field work extended previous soil grid to the south-southeast of  Wacky-Slinky gold showing that had returned up to 6.8 & 8.8 g/t Au in grab-samples.

Gold anomalies are clustered two and three km SSE of Wacky respectively near Skippy (7, 17, 9 & 6 ppb gold) and Goofy (13, 14 & 15 ppb Au) targets: 12 out of 64 B-soils (or 18.75%) assayed 6 ppb gold or more and these gold-in-soil anomalies are all located along favourable NW-SE Wacky trend, a volcano-sedimentary contact hosting strong alterations (silicification & seritization) and pyritization and is well-marked by a magnetic lineament.  Both gold-in-soil anomaly clusters overlie volcanic rocks and both remain open to the west and values seem to increase towards the west.   Wacky-Slinky gold showings had returned in 2017 much lower gold anomalies (6-7ppb Au).  No other metals are anomalous in the soils

IN 2019, ANOTHER  PARALLEL VOLCANO-SEDIMENTARY CONTACT LOCATED MORE TO THE WEST WILL BE TARGETED AS ANOMALOUS CLUSTERS ARE OPEN TO THE WEST.  Also a 400 m long strike of the eastern trend will be systematically rock sampled as gold-in-rock values are not necessarily associated with high pyrite content.

Along Wacky Gold Trend, silicified wackes/silicate iron-formation unit laterally grades to silicified wackes/ silicified-sericitized felsic tuffs to the SE. Pyritization (1-2 to 1-10% pyrite) and alteration (moderate silica to strong silica and sericite) significantly increase and widen up to 25 m thick to the SE along a favourable volcano-sedimentary contact well-marked by a magnetic lineament. Conglomerate units were observed adjacent to the altered mineralized sedimentary horizon.

Wholly-owned CLARKIE (no royalties, 29.5 sq.km),) is a gold discovery in outcropping sediments of same type and age hosting Eleonore gold mine, James Bay, Quebec, near major Opinaca structure, some 25 km southeast of Cheechoo along Eleonore mine -Cheechoo corridor.   A significant gold-bearing glacial train (proprietary data) indicated an up-ice source area hosting the folded Clarkie sediments.  The program included prospecting-geological mapping totaling 195 rock samples, 18 blanks and 64 soil (1-2kg b-horizon) samples along E-W lines with 50m-spacing); all prepared and analyzed for gold (Au-AA23) and multi-elements (MEX-ICP41) at Val dOr ALS Global Laboratory.  Field work and rock mineralization and alteration descriptions were supervised by H. Desbiens, M.Sc. Geo 43-101 QP. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:
Marie-Jose Girard, President & CEO
[email protected] 
Tel. :  (514) 923-9123 

A map accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d9b9baeb-34e5-4bc1-ab76-c8cc16082161

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