Return to index November 28, 2011


MONTREAL, QUEBEC, CANADA – DIOS EXPLORATION is currently completing the second year payment of the LAC CARON CLAIM AGREEMENT through the issuance of 75,000 Common Shares to 2229667 ONTARIO INC. (the Optionor). Pursuant to an Option and Purchase Agreement completed during Fall 2010 between the Optionor, and DIOS (see press release of Oct. 2010), the Optionor granted DIOS the right to earn a 100 % undivided interest in 35 mining claims situated near DIOS’ AU 33 EAST project (now called Le Caron property), located north-east of DIOS’ AU 33 WEST GOLD PROPERTY, James Bay, Quebec, optioned to Osisko Mining Corp. this summer and on which a second one-month phase program was completed this Fall.

DIOS completed this Fall a fourth follow-up glacial sand sampling and field prospecting program on its large wholly-owned diamond-gold AU 33 EAST project (on both Le Caron property and Shadow claim block).