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October 13, 2017

Gold discovery on Clarkie along Eleonore-Cheechoo corridor
Up to 8.9 g/t gold in Eleonore type sediments

MONTRÉAL, QUEBEC, CANADA– DIOS EXPLORATION reports a gold discovery on Clarkie, in Eleonore-Cheechoo corridor, up to 8.9 g/t gold and 6.8 g/t gold in sedimentary rocks outcropping some 120 m apart.

A 2.5 by 1 km area was targeted up-ice of a gold-in-till train (13 samples over 0.10 g/t gold, up to 1.16 g/t gold) and extents of Wacky gold showing within Clarkie sedimentary basin. Follow-up included prospecting and b-horizon soil sampling.

Focus was on Wacky gold showingcomposed of alternating metric to several meter large horizons of Silicified Amphibolitized Wackes (kind of sandstone) hosting 1-5 percent disseminated pyrite with silicate-garnet iron-formation (tr-2 percent py-po). Significant DIOS’ 2017 results are follows.

Clarkie – Wacky Showing Gold Assays


M East

M North

Rock type

mineralization

g/t gold

457582

5799034

wacke Am+ Si+

1-3% PY

8.88

457527

5799140

silicate iron for-mation Am- Gr+

1-2% PY

6.80

457500*

5799078

wacke Am+ Si+B

1-2% PY

1.66

457500*

5799076

Qzv/ wacke Si+B

TR-PY

1.28

457582*

5799033

wacke Am+ Si+

1-2% PY

1.22

457521

5798968

wacke Am+

1-2% PY

0.375

457582

5798615

wacke Am+

TR-1% PY

0.619

457500

5799239

wacke Am+ (B)

1% PY

0.188

457502

5799241

wacke Am+ Si+

Tr-PY

0.108

B= Glacial Boulder   *= 2016 sample

An outcrop with a value of 0.619 g/t gold is located 420 m south of the 8.88 g/t gold one, this one being 120 m south of the 6.8 g/t gold one.. Soil sampling shows very discrete gold anomalies possibly extending Wacky occurrence 300m north and 200m south.

 

Wholly-owned CLARKIE 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-Cheechoo corridor.

A total of 61 rock-samples (plus 6 blanks) and 67 soil samples (1-2kg) was collected and assayed at ALS Val d’Or.following good industry standards.  This release was prepared by H. Desbiens, M.Sc. Geo 43-101 QP.