DIOS EXPLORATION (TSX VENTURE:DOS) discovers a high grade uranium lens (1.85 %
U3O8 over one-meter true width), with copper and lead mineralization in
sub-vertical volcanics under two feet of sand on its wholly-owned HOTISH
PROPERTY, adjacent to Cameco's property, Otish Mtns, James Bay Agreement Land,
QC. 


Five horizontal diamond-saw channels crosscut the stripped mineralized lens
along a fifteen meter length returning from north to south: 




--  0.5042 % uranium oxide over 2 m (1.04 % U3O8 over 1 m)(i) 
--  0.155 % U3O8 over 1 m (.087 % U3O8 over 2 m with 0.13 % copper) 
--  0.621 % U3O8 over 3 m (1.85 % U3O8 / 1 m, 0.5% lead, 0.17 % Cu 0.5%
    vanadium) 
--  0.1 % U3O8 over 1 m 
--  0.532 % U3O8 over 1 m and0.165 % lead



(i) minimum 1 m long diamond saw channel samples taken in volcanics by
independant firm IOS and assayed at Saskatchewan SRC following 3 distinct
methods 


Two grab samples returned 1,66 % U3O8 (0.131 % copper, 0.63 % lead, 1.5 %
barium, 0.7 % vanadium) and 0,624 % en U3O8, respectively. They were discovered
in outcrop following manual stripping of a 64 000 et 30 000 cps sector, with
associated uranophane and sulfides, mainly chalchopyrite. A brecciated texture
and a strong shear give a schistous look and fragments are hematized in the
brecciated areas. Mechanical stripping was thus undertaken over a 15 m extent by
5 m width. The mineralized lens seems to follow a north-south structure
crosscutting the east-west sub-vertical sheared volcanics (600 - 1000 m width)
and could be further stripped along its extents with larger machinery or drilled
at depth. 


The actual Otish winter road and planned all weather road in the scope of the
Quebec Government Plan Nord is located 15 km from the property, which overlaps
the western unconformity of the Otish sedimentary basin. This press release was
prepared by Marie-Jose Girard, M.Sc. P.Geo., qualified person pursuant to
National Instrument 43-101.


Forward-Looking Statements: This news release contains discussion of items that
may constitute forward-looking statements within the meaning of securities laws
that involve risks and uncertainties. Although the company believes the
expectations reflected in such forward-looking statements are based on
reasonable assumptions, it can give no assurances that its expectations will be
achieved. Factors that could cause actual results to differ materially from
expectations include the effects of general economic conditions, actions by
government authorities, uncertainties associated with contract negotiations,
additional financing requirements, market acceptance of the Company's products
and competitive pressures. These factors and others are more fully discussed in
Company filings with Canadian securities regulatory authorities.
Dios Exploration (TSXV:DOS)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Dios Exploration Charts.
Dios Exploration (TSXV:DOS)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Dios Exploration Charts.