MONTREAL, QUEBEC--(Marketwired - Jan. 21, 2016) - Management of SIRIOS (TSX VENTURE:SOI) is pleased to announce that diamond drilling has resumed on Cheechoo gold property adjacent to Eleonore gold mine property of Goldcorp in Eeyou Istchee James Bay, Quebec. Planned drill holes will test, among other things, Jordi, K and I gold zones extensions, as well as other targets located outside of the main low-grade auriferous envelope. Please refer to press releases of December 1 and 14, 2015 as well as of last January 14 for more details on these targeted zones.
The CHEECHOO gold project is located in Eeyou Istchee James Bay, Quebec, 800 km north of Montreal and less than 10 km from the Eleonore gold mine of producer Goldcorp that has just begun production. This world-class deposit contained 4.03 million ounces of gold and 4.10 million ounces of inferred gold mineral resources (Source: Press release of Goldcorp, March 28 2014). In 2012, Sirios concluded an agreement with Golden Valley Ltd. regarding ownership of CHEECHOO allowing it, to upon completion of certain obligations and counterparts, increase its current interest to 100% (press release dated December 9, 2013). Sirios is the manager of the project.
Resignation of a Director
It is with regret that Sirios announces the resignation of M. Didier Mekki who, for personal reasons, needed to leave the Board of Directors. Mr. Dominique Doucet, on behalf of the Board, would like to thank Mr. Mekki for his constructive input to the Company.
Sirios will be present at the Cambridge House International conference in Vancouver on January 24 and 25, located at the Vancouver Convention Center West, 1055 Canada Place, Vancouver, BC, V6C 0C3, Canada. We invite you to visit us at booth 419.
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