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K2 surrounding KALI intrusive was never drilled. It was enlarged in 2019 (84 sq. km) to protect specific high priority targets defined by DIOS’ high expertise geological team.
K2 geology is favourable for VMS (Volcanic Massive Sulfides) and Windfall-type gold mineralization. K2 hosts an Archean volcanic sequence injected by felsic porphyry plugs and dykes wrapped around synvolcanic tonalite pluton. In 2019, effort was put on dozen of electromagnetic anomalies for low sulfide content and extents in mixed volcanics.
DIOS 2019 exploration work investigated northwestern claims and confirmed non-outcropping WI-Target as project best target, a possible gold-silver-copper VMS mineralized system. (telescoped Doyon/
Good gold-in-soil anomalies (up to 283 ppb Au in B-horizon) coupled with cm-m sericite & silicified dacite floats with 2-10% sulfide & quartz stringers (up to 6.72 g/t gold) are hosted in glacial drumlins directly adjacent to 3 km-long input electromagnetic airborne IP conductor. Negative 2019 up-ice soil sampling eliminated other sources for this gold-in-soil anomaly cluster.
About 200 m SE of WI-Target, Kali Tonalite yielded 10 g/t gold, 1.81, 0.68, 0.62, 0.47 g/t Au in a shear structure (same orientation as WI-Target) confirming strong potential of adjacent underexplored western intrusion-volcanic contact.
Another strong drill target is Attila gold-copper showing hosted in fractured rhyodacite dome overlying Kali quartz-diorite/tonalite Porphyry to the south, 7 km east of WI-Target. It consists in chalcopyrite-rich stringer/ stockwork extending over 75 m long and about 5-15 m wide that yielded up to 8.08 g/t gold, 96.7 g/t Ag, 2.43% Cu & 0.17% Zn.
This press release was prepared by
Neither the
Marie-José Girard, President & CEO
mjgirard@diosexplo.com
Tel. : (514) 923-9123
www.diosexplo.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae89723f-5407-4a84-8087-9d8ed977874d
2020 GlobeNewswire, Inc., source