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MONTREAL, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Sirios Resources Inc. (TSX-V: SOI; OTCQB: SIREF) (“Sirios” or the “Company”) is pleased to unveil a new vision for its Cheechoo gold project, located in Québec’s Eeyou Istchee James Bay territory. In the wake of the winter 2024 drilling program, Sirios embarked on a comprehensive management review of data, spanning several months. This in-depth analysis, conducted in collaboration with specialized geological and mining consultancy firms, including PLR Resources Inc., has yielded very promising results. The thorough examination has led to the identification of multiple high-priority targets for delineating high-grade zones that may lead to both open-pit and underground mining. Notably, the near-surface Eclipse zone has emerged as a standout prospect, exhibiting remarkable high-grade continuity across numerous drill holes (Figures 1 to 3). This strategic assessment has not only validated the company's exploration efforts but also opened up new avenues for future development at the Cheechoo gold project.
Dominique Doucet, CEO of Sirios, comments: “We are thrilled to launch this new vision for the Project. Cheechoo now presents dual potential: large-volume open-pit mining and/or high-grade underground development. This new outlook is a game changer for the Project, consequently leading our team to design an intensive drilling program targeting high-grade enriched zones.”
Cheechoo’s High-Grade Zones
The Cheechoo tonalite intrusion forms the centerpiece of the property, characterized by multiple gold-enriched zones encased in a lower-grade halo. In addition to the Eclipse zone, numerous high-grade intervals throughout the deposit suggest the occurrence of additional high-grade zones. These zones may be found both within and beyond the boundaries of the 2022 Mineral Resource Estimate (MRE) conceptual pit (see Table 1).
Table 1: Selection of high-grade gold intercepts
| Au (g/t) | Length (m) | From (m) | To (m) | Drill hole | Zone |
| 30.1 | 8.0 | 317.2 | 325.2 | CH17-112 | Outside* |
| 30.4 | 7.1 | 130.5 | 137.6 | CH16-052 | Outside* |
| 9.5 | 16.8 | 132.5 | 149.3 | CH16-041 | Outside* |
| 21.5 | 7.0 | 74.0 | 81.0 | CH16-035 | Outside* |
| 8.8 | 16.3 | 21.1 | 37.4 | CH21-280 | Outside* |
| 31.3 | 4.6 | 162.3 | 166.9 | CH21-295 | Outside* |
| 65.1 | 2.1 | 99.5 | 101.6 | CH17-095 | Eclipse Zone |
| 9.7 | 14.0 | 125.0 | 139.0 | CH17-112 | Outside* |
| 27.5 | 4.8 | 82.2 | 87.0 | CH19-245 | Outside* |
| 41.3 | 3.1 | 17.5 | 20.6 | CHRN17-213 | Outside* |
| 13.8 | 9.0 | 270.5 | 279.5 | CH20-265 | Outside* |
| 15.8 | 7.4 | 110.0 | 117.4 | CH21-285 | Outside* |
| 26.6 | 4.3 | 115.5 | 119.9 | CH15-020 | Outside* |
| 55.7 | 2.0 | 64.0 | 66.0 | CH19-202 | Eclipse Zone |
| 12.2 | 9.1 | 85.0 | 94.1 | CH18-191 | Outside* |
| 21.2 | 5.2 | 562.5 | 567.7 | CH17-108 | Outside* |
| 11.3 | 9.5 | 38.0 | 47.5 | CH15-028 | Outside* |
| 22.7 | 4.6 | 213.9 | 218.5 | CH20-266 | Outside* |
| 15.3 | 6.8 | 336.0 | 342.8 | CH19-240 | Outside* |
| 12.9 | 8.0 | 294.0 | 302.0 | CH17-132 | Outside* |
| 26.4 | 3.9 | 143.6 | 147.5 | CH18-184 | Outside* |
| 28.4 | 3.6 | 62.5 | 66.1 | CH16-086 | Outside* |
| 34.1 | 3.0 | 425.0 | 428.0 | CH17-098 | Outside* |
| 50.5 | 2.0 | 77.5 | 79.5 | CH19-201 | Eclipse Zone |
| 24.0 | 4.2 | 32.0 | 36.2 | CH16-079 | Outside* |
| 10.0 | 9.9 | 57.6 | 67.5 | CH18-182 | Outside* |
| 17.1 | 5.8 | 228.1 | 233.9 | CH17-125 | Outside* |
| 7.0 | 13.8 | 19.1 | 32.9 | CH21-279 | Outside* |
| 11.7 | 8.0 | 105.0 | 113.0 | CHRC21-002 | Outside* |
| 37.3 | 2.5 | 440.7 | 443.2 | CH18-125E | Outside* |
| 18.8 | 4.9 | 202.5 | 207.4 | CH18-183 | Outside* |
| 24.0 | 3.8 | 152.0 | 155.8 | CH17-134 | Outside* |
| 28.3 | 3.2 | 59.1 | 62.3 | CH18-159 | Outside* |
| 18.9 | 4.6 | 59.5 | 64.1 | CH15-020 | Outside* |
| 17.5 | 4.9 | 253.0 | 257.9 | CH24-305 | Eclipse Zone |
| 5.2 | 16.2 | 174.9 | 191.1 | CH15-024 | Outside* |
| 11.8 | 7.0 | 121.5 | 128.5 | CH18-191 | Outside* |
| 34.2 | 2.4 | 90.0 | 92.4 | CH18-163 | Eclipse Zone |
| 37.1 | 2.2 | 91.8 | 94.0 | CH18-161 | Eclipse Zone |
| 16.2 | 5.0 | 280.5 | 285.5 | CH20-258 | Outside* |
| 15.8 | 5.0 | 261.0 | 266.0 | CH16-058E | Outside* |
| 9.6 | 8.2 | 221.3 | 229.5 | CH17-139 | Outside* |
| 27.8 | 2.8 | 156.6 | 159.4 | CH17-112 | Outside* |
| 17.0 | 4.5 | 25.8 | 30.3 | CH19-199 | Eclipse Zone |
| 18.0 | 4.2 | 104.8 | 109.0 | CH21-283 | Outside* |
| 18.8 | 4.0 | 117.5 | 121.5 | CH16-088 | Outside* |
| 11.8 | 6.3 | 130.0 | 136.3 | CH16-088 | Outside* |
| 13.1 | 5.5 | 96.1 | 101.6 | CH18-176 | Outside* |
| 12.8 | 5.5 | 138.5 | 144.0 | CH14-017 | Outside* |
| 5.0 | 14.1 | 322.6 | 336.7 | CH18-181 | Outside* |
| 3.4 | 19.7 | 258.1 | 277.8 | CH17-122 | Outside* |
| 30.1 | 2.2 | 125.8 | 128.0 | CH17-124 | Outside* |
| 25.6 | 2.4 | 36.8 | 39.2 | CH18-192 | Outside* |
| 13.1 | 4.6 | 107.3 | 111.9 | CH16-065 | Outside* |
| 30.2 | 2.0 | 137.5 | 139.5 | CH19-204 | Eclipse Zone |
| 15.1 | 4.0 | 325.0 | 329.0 | CH17-111 | Outside* |
| 18.7 | 3.2 | 232.0 | 235.2 | CH21-288 | Outside* |
| 14.7 | 3.9 | 55.0 | 58.9 | CH15-026 | Outside* |
| 24.8 | 2.3 | 189.2 | 191.5 | CH21-296 | Outside* |
| 18.9 | 3.0 | 123.0 | 126.0 | CH18-196 | Outside* |
| 22.9 | 2.4 | 7.3 | 9.7 | CH17-119 | Outside* |
| 14.7 | 3.7 | 137.0 | 140.7 | CH17-128 | Outside* |
| 12.8 | 4.2 | 82.7 | 86.9 | CH16-054 | Outside* |
| 21.3 | 2.5 | 323.0 | 325.5 | CH17-109 | Outside* |
| 25.8 | 2.0 | 44.7 | 46.7 | CH17-099 | Eclipse Zone |
| 9.0 | 5.6 | 213.5 | 219.0 | CH13-010 | Outside* |
| 13.7 | 3.6 | 37.3 | 40.9 | CH18-182 | Outside* |
| 10.6 | 4.5 | 214.0 | 218.5 | CH17-128 | Outside* |
| 6.3 | 7.5 | 152.5 | 160.0 | CH17-123 | Outside* |
| 7.8 | 6.0 | 134.5 | 140.5 | CH17-098 | Outside* |
| 16.1 | 2.5 | 173.4 | 175.9 | CH21-274 | Outside* |
| 7.7 | 4.7 | 278.1 | 282.8 | CH17-108 | Outside* |
| 5.4 | 6.7 | 58.3 | 65.0 | CH19-221 | Outside* |
| 7.1 | 5.0 | 111.0 | 116.0 | CH15-024 | Outside* |
| 13.3 | 2.5 | 130.6 | 133.1 | CH14-018 | Outside* |
| 7.1 | 4.4 | 305.6 | 310.0 | CH17-111 | Outside* |
| 9.8 | 3.0 | 367.0 | 370.0 | CH16-062 | Outside* |
| 11.0 | 2.6 | 25.5 | 28.1 | CH17-112 | Outside* |
*High-grade gold intercepts located outside the Eclipse zone
Grade capped at 100 g/t Au. Lengths along drill hole.