Sirios Resources Inc. is pleased to announce that it recently applied by map designation for 150 new mining claims in order to expand its 39 gold property. Once the claims are granted, the property will increase to 189 claims, for a total area of approximately 100 km2. The southwest limit of the 39 property will be located less than 5 km northeast of the Elmer gold property. During the summer of 2019, prospecting work was [...]
Management of Sirios Resources Inc. is pleased to announce the completion of a non-brokered private placement for a total amount of $1,846,105. This amount was raised by issuing 7,744,022 Quebec flow-through shares at $0.23 per share and 361,000 federal flow-through shares at $0.18 per share. Sirios will use the proceeds of the private placement for exploration fieldwork, mainly the next winter 2020 diamond drilling [...]
Management of Sirios Resources Inc. is pleased to announce its maiden resource estimation on the Cheechoo gold property, wholly owned by Sirios, located in Eeyou Istchee James Bay, Quebec. The resource estimation, based on an open-pit constrained model, results in: Inferred resources containing 1.6 million ounces of gold, from 71.0 million tonnes at an average grade of 0.69 grams of gold per tonne; Significant upside for [...]
Sirios Resources Inc. announces that all the resolutions included that were presented at the annual and special meeting yesterday were approved by the shareholders. These resolutions include the appointment of the directors and the auditors as well as the renewal of the Stock Option Plan. Shareholders elected Luc Cloutier, Guy Chevrette, Michel Bouchard, Dominique Doucet and Gilles Dupuis to the Board of Directors with an [...]
Management of Sirios Resources Inc. is pleased to announce the completion of a non-brokered private placement for aggregate gross proceeds of CA$1,480,000 by the issuance of 7,400,000 units at CA$0.20 per unit. Newmont Goldcorp has exercised its right to increase its ownership from 15.9% up to 19.9% of the share capital of Sirios on a partially diluted basis by acquiring 5,410,020 units for an amount of CA$1,082,004. Each [...]
Management of SIRIOS is pleased to announce that the engineering firm BBA has been retained to undertake the Company’s maiden mineral resource estimate on its Cheechoo gold project located in Eeyou Istchee James Bay, Quebec. Dominique Doucet, President, stated: "I am very pleased and proud that we are initiating this very first and crucial step in the history of Sirios by awarding the mandate for the maiden mineral [...]
The President of SIRIOS, Dominique Doucet, will be attending and presenting next week at the Beaver Creek Precious Metals Summit Conference, taking place in Colorado, USA. The corporate presentation will be viewable by webcast on September 13th at 1:00 PM EST using the following link: https://www.gowebcasting.com/conferences/2019/09/11/precious-metals-summit/day/3. The presentation will focus on updates to the Cheechoo [...]
Management of SIRIOS is pleased to announce the positive results of the Phase I metallurgical testing undertaken by COREM. Gold recovery rates up to 97% were obtained, including 88% by gravity as shown in the table below. The tests were conducted on three composite samples of PQ drill core, each of approximately 130 kg. Gold recovery by gravity and tailing cyanidation Sample # Lithology Head grade Gold Recovery Grade [...]
Management of SIRIOS is pleased to announce the positive results of the Phase I metallurgical testing undertaken by COREM. Gold recovery rates up to 97% were obtained, including 88% by gravity as shown in the table below. The tests were conducted on three composite samples of PQ drill core, each of approximately 130 kg. Gold recovery by gravity and tailing cyanidation Sample # Lithology Head grade Gold Recovery Grade [...]
Management of SIRIOS is pleased to announce it is resuming the exploration work on the Aquilon high-grade gold property at Eeyou Istchee James Bay, Quebec. In addition, Sirios recently acquired 36 additional claims by map designation, increasing its wholly owned property to 140 claims, totaling approximately 70 km2. Sirios' exploration team is initiating prospecting, detailed mapping and lithogeochemical sampling on the [...]
Sirios Resources Inc. is pleased to announce the start of a first phase exploration program on its gold properties; Amikap, Goldorak and 39. Sirios’ geological team will begin prospecting work this week on these three properties acquired less than a year ago, located in the Eeyou Istchee territory, James Bay, Quebec On the Goldorak and Amikap projects, Sirios is targeting similar style gold mineralization as found [...]
Sirios Resources Inc. completed today the last closing of its private placement of units announced on May 8th, 2019, for an additional amount of $ 200,000, bringing the total capital raised to $ 715,000. This amount was raised by issuing 1,000,000 units at $ 0.20 per unit. Each unit consists of one common share of Sirios and a half warrant. Each warrant gives the holder the right to purchase one common share at $ 0.30 [...]
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