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September 18, 2007
A SIGNIFICANT SANDSTONE BOULDER RETURNS URANIUM ASSAYS ON HOTISH
MONTREAL, QUEBEC, CANADA – (Marketwire - Sept. 18, 2007) A large sandstone boulder
discovered by DIOS EXPLORATION INC. (TSX VENTURE:DOS) this summer on its
wholly owned HOTISH property just returned a value of 0.203% U3O8 from assaying at
the Saskatchewan Research Council. This sedimentary rock boulder is an altered,
argillaceous and oxydized sandstone mineralized with a yellow mineral, probably
uranophane. This is identical to what is observed in the different known uranium-bearing
zones in the Otish Mtns. This significant size boulder reaching almost two meters in
diameter suggests a short glacial transportation by its size, rock type and form, and the
up-ice area is held by DIOS. A field prospecting crew has been sent out late last week on
the property to check out the area as well as another area where a fuchsite bearing
quartzite (suggestive of uranium potential) was discovered by DIOS' geologists while
looking for kimberlites. The HOTISH property covers the western shallow unconformity
contact between the Otish Proterozoic age Sedimentary Basin and an Archean basement,
a geological context worldwide known for its uranium potential. It also covers the
northeastern end of the Papasquasati Basin, also a continental environment at this end, a
very prospective area for uranium. The western part of the Otish Mtns is also known for
its very low thorium content, another advantage of the area. A major helicopterborne
radiometric survey (100 m spacing) for a total of 7,500 line-kilometers was completed
this summer over the whole HOTISH property as well as an extensive helicopterborne
lake bottom sediment sampling survey totalling 800 lake bottom sediment samples to
target down areas for further detailed exploration. Complete results are expected in the
very short term.
DIOS has 33.9 millions shares issued and 689,000 options & warrants outstanding in the
money as well as an all cash working capital of 8.8 millions dollars. This press release
was prepared by Marie-Jose Girard, M.Sc. Geo., Qualified Person under NI 43-101.