|
DIOS EXPLORATION INC. TSX VENTURE: DOS
|
DIOS Hotish Project: Amphibolite Rocks Assay Up to 0.17% U3O8, 182 g/T Ag & 1.9% Cu
MONTREAL, QUEBEC, CANADA--(Marketwire - June 17, 2009) - DIOS EXPLORATION (TSX VENTURE:DOS) reports significant exploration progress on its wholly-owned Hotish uranium project, Otish Basin, QC.
A wholly new area is discovered, showing interesting results: rocks return up to 0.169 uranium oxide (U3O8), 182 grams per ton silver (g/T Ag) and 1.9 % copper (Cu). Last fall, a prospecting program investigated selected geophysical targets on the extensive property and on one of these, eight samples were taken including five grab-samples from amphibolite rock boulders containing 1-2% pyrite and traces of chalcopyrite-malachite. Four samples return the following assays respectively:
0.169, 0.129, 0.126, 0.058 % U308
1.90, 0.448, 0.0693, 0.0532 % Cu
182, - - 3 Ag (g/T)
112, - - 3 Au (ppb)
Mafic or ultramafic rocks are considered good chemical traps for uranium. A review of all geophysical data of this area is in progress and additional mapping and prospecting is planned for this summer, as well as significant follow-up work (including prospecting, detailed electromagnetic and soil geochemistry surveys) on other targets.
One hole completed on Hotish's BUTTE zone last Fall over a major spectrometric anomaly covering a 4 km-strike length had returned a 10.9 meters interval assaying 13.7g/t Ag; 1.20% Pb; 0.60% Zn within a 60 meters-wide zone with 3-10% disseminated sulfides within paragneiss that yielded 5.2g/t Ag; 0.26%Pb; 0.19% Zn. That drilling campaign had enabled the discovery of the first BUTTE zone at depth, a sub-vertical uranium-bearing zone reaching at least 240 m vertically from the surface and intercepted by three holes in two sections 60 m apart along strike, with a rather true width of 3.5 m returning 0.093% U3O8 (incl. in 0.04 % U3O8 over 12.5 m), 0.056% U3O8 over 5.1 m and 0.083% U3O8 over 2.6 m.
This press release was prepared by M.-J. Girard, M.Sc. P.Geo., a NI 43-101 qualified person.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact
DIOS Exploration Inc.M.J. Girard, Pres.
514-483-5149 / 514-510-7962
mjgirard@diosexplo.com
www.diosexplo.com
