Return to index June 17,2009 DIOS HOTISH PROJECT: AMPHIBOLITE ROCKS ASSAY UP TO 0.17% U3O8, 182 g/T Ag & 1.9% Cu. MONTREAL, QUEBEC, CANADA – DIOS EXPLORATION reports significant exploration progress on its wholly-owned Hotish uranium project, Otish Basin, QC.
A wholly new area is discovered, showing interesting results: rocks return up to 0.169 uranium oxide (U3O8), 182 grams per ton silver (g/T Ag) and 1.9 % copper (Cu). Last fall, a prospecting program investigated selected geophysical targets on the extensive property and on one of these, eight samples were taken including five grab-samples from amphibolite rock boulders containing 1-2% pyrite and traces of chalcopyrite-malachite. Four samples return the following assays respectively:
0.169, 0.129, 0.126, 0.058 % U308 1.90, 0.448, 0.0693, 0.0532 % Cu 182, - - 3 Ag (g/T) 112, - - 3 Au (ppb)
Mafic or ultramafic rocks are considered good chemical traps for uranium. A review of all geophysical data of this area is in progress and additional mapping and prospecting is planned for this summer, as well as significant follow-up work (including prospecting, detailed electromagnetic and soil geochemistry surveys) on other targets.
One hole completed on Hotish`s BUTTE zone last Fall over a major spectrometric anomaly covering a 4 km-strike length had returned a 10.9 meters interval assaying 13.7g/t Ag; 1.20% Pb; 0.60% Zn within a 60 meters-wide zone with 3-10% disseminated sulfides within paragneiss that yielded 5.2g/t Ag; 0.26%Pb; 0.19% Zn. That drilling campaign had enabled the discovery of the first BUTTE zone at depth, a sub-vertical uranium-bearing zone reaching at least 240 m vertically from the surface and intercepted by three holes in two sections 60 m apart along strike, with a rather true width of 3.5 m returning 0.093% U3O8 (incl. in 0.04 % U3O8 over 12.5 m), 0.056% U3O8 over 5.1 m and 0.083% U3O8 over 2.6 m.
For more information, please contact:
Marie-José Girard President Dios Exploration Inc. (514) 483-5149 mjgirard@diosexplo.com
This press release was prepared by Marie-José Girard, M.Sc. P.Geo., qualified person pursuant to National Instrument 43-101.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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. ----------- Ick sage mal et jibt nüscht jutet außer man tut et |