Sirios Resources reports impressive drill results at Cheechoo gold project, validating new vision

From GlobeNewswire: 2025-03-03 09:00:00

Sirios Resources Inc. announces impressive drill results on the Cheechoo gold project in Quebec, including high-grade gold intercepts. These results validate a new vision for the project, highlighting potential for both open-pit and underground mining. The company plans to update its Mineral Resource Estimate based on these findings.

The Cheechoo gold deposit in Quebec contains multiple high-grade zones within a tonalite intrusion. Recent drilling confirmed the presence of high-grade intervals, suggesting additional zones beyond the current boundaries. The property, located near Newmont’s Éléonore gold mine, boasts significant development potential.

The most recent Mineral Resource Estimate for Cheechoo reported 1.4 million indicated ounces at 0.94 g/t Au and 500,000 inferred ounces at 0.73 g/t Au. While these figures are based on an open-pit model, underground mining scenarios have not been evaluated.

Sirios Resources Inc. is a Quebec-based mineral exploration company focused on developing the Cheechoo gold property. The company’s recent drilling program has shown promising results, positioning the project for potential expansion and development.

Forward-looking statements in this news release caution investors about potential risks and uncertainties in the mining industry. The company remains optimistic about the future of the Cheechoo project but acknowledges the need for careful consideration of various factors.



Read more at GlobeNewswire: Sirios’ New Vision for Cheechoo Validated by Excellent