Market Overview

Gold Target Discovery from Local Soil Geochemistry on Dios Shadow South Project

MONTREAL, QUEBEC, CANADA--(Marketwire - Nov. 14, 2012) - DIOS EXPLORATION (TSX VENTURE:DOS) is pleased to report the discovery of significant gold targets following soil geochemical surveying of its Shadow South gold project, in the emerging Opinaca-Eastmain gold area, about 350 km northeast of Matagami, and 10 kilometres north of the Eastmain-1 hydropower dam, James Bay, QC.

In June 2012, DIOS commissioned an independent soil (humus) geochemical survey, completed by IOS Services Geoscientiques over a 4 x1.5 km grid. This grid encompasses a volcanosedimentary rock sequence wrapped around a 5 x 2 km felsic intrusive, up-ice of gold in till anomalies including 1 120 ppb, 938 ppb Au and 3 510 ppb gold in heavy mineral concentrates (1 000 ppb equals 1 g/T). The survey defined 12 geochemical gold-arsenic-copper anomalies (exceeding the 99.8 centile of IOS regional database which includes more than 25,000 samples in vicinity of Shadow). Anomalous humus assayed up to 45.7 ppb gold, 2700 ppb arsenic and 402 000 ppb copper, which values are considered as highly significant. Highly significant (over 99.8 centile) anomalies were also detected in molybdenum, vanadium, strontium, rare-earths and halogens. The soil sampling program totals 1472 humus samples. Most of the anomalies are located along the targeted margin of the felsic intrusive and adjacent sedimentary rocks, underlined by a magnetic anomaly and crosscut by late structures. The geological environment suggests a signature for intrusion-related gold mineralization.

This humus survey was undertaken on poorly outcropping ground up-ice of a gold glacial dispersal train discovered by DIOS. The Shadow project is composed of 590 wholly-owned claims (313 sq. km). The 1472 humus samples including 184 quality control material were analyzed for 60 mainly metallic elements by ICP-MS (induced coupled plasma) following sodium pyrophosphate extraction at Activation Laboratory, Ancaster, ON. This news release was reviewed by M. J. Girard, the Qualified Person (43-101).

FOR FURTHER INFORMATION PLEASE CONTACT:
Marie-Jose Girard, M.Sc. Geo,
President & CEO
mjgirard@diosexplo.com
(514) 483-5149
(514) 485-2155 (FAX)
www.diosexplo.com
http://blog.diosexplo.com/

 

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