DIOS Exploration Inc.: Drilling This Week on Heberto Gold Discovery-Underdog Acquisition

(firmenpresse) - MONTREAL, QUEBEC -- (Marketwired) -- 02/23/16 -- DIOS EXPLORATION (TSX VENTURE: DOS) reports drilling will start this week on wholly-owned HEBERTO GOLD DISCOVERY, James Bay, Quebec, after drilling a successful and significant first ever 2500 m (2 grams gold per tonne over 22 meters: 2.13 g/t gold over 22.9 m including 4.79 g/t Au /8.65 m; and 1.63 g/t gold /18.45 m; etc.)

DIOS map-staked 41 new claims some 10 km west of HEBERTO GOLD in same Mitsumis granodioritic/tonalitic pluton. UNDERDOG claims total 21.69 square km and cover NS & NW magnetic structures adjacent to distinctive magnetic domains, similar to those noted at HEBERTO and hosts gold-in-till anomalies up to 1.130 and 0.830 g/t gold (heavy mineral concentrates).

The Board granted 980,000 five year stock options at $0.10 per share under Director Employee Stock Option Plan. Proprietary research data gathered by DIOS over the years enabled targeting more than one very promising and significant gold occurrences in southern James Bay. DIOS has 46 million shares outstanding and a very tight share structure.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:
Marie-Jose Girard, M.Sc. Geo
President & CEO
(514) 923-9123

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Bereitgestellt von Benutzer: Marketwired
Datum: 23.02.2016 - 13:15 Uhr
Sprache: Deutsch
News-ID 452570
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MONTREAL, QUEBEC

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Mining & Metals

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