DIOS Exploration Inc.: Drilling Campaign Started on Heberto Gold (Au33)
17.07.2015 | Marketwire
MONTREAL, QUEBEC -- (Marketwired - Jul 17, 2015) - DIOS Exploration Inc. (TSX VENTURE:DOS) - As planned following permitting, drilling crews and equipment were effectively mobilized this week ready to drill HEBERTO GOLD, a northsouth silicified quartz diorite DYKE STRUCTURE at least 30 m wide visible in outcrop and intruding a tonalite hydrothermal magmatic dome. The one visible contact returned 5.18 g/t gold over 5 m in association with disseminated fine grained pyrite along a 1.2 km long targeted northsouth induced polarization anomaly to be drilled. A sampled north-south striking 7 m wide mineralized envelope had graded 1.89 g/t gold from all channel samples over the 10 m northsouth area that could be surface sampled and it remains open along strike, at depth and to the west.DIOS has 41 million shares outstanding, a very tight share structure and a positive working capital.
The Board granted 980,000 stock options under the Stock Option Incentive Plan to directors and employees at an exercise price of $0.10 per share, expiring five years from date of grant.
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.
Contact
Marie-Jose Girard, M.Sc. Geo, President & CEO
mjgirard@diosexplo.com
(514) 923-9123
www.diosexplo.com