Canadian Company Press Releases
DOS 2002-09-09 (provided courtesy of CCNMatthews .) register to receive future releases by email from CCNMatthews
DIOS EXPLORATION INC.: Major Favourable Diamond Indicator Counts at Hotish
MONTREAL, QUEBEC, CANADA--DIOS EXPLORATION INC. reports major and significant till diamond indicator mineral counts on its wholly-owned 530 sq. km HOTISH project, Quebec, showing highly favourable chemistry. This new area located southwest of the Otish Mountains extends the favourable diamond potential area to an underexplored area for diamonds located right along the Renard 1-7 diamondiferous kimberlite - Beaver Lake kimberlite corridor. The indicator chemistry is distinct from Beaver Lake. A cluster seems delineated from several trains uncovered with several small clustered geophysical anomalies up-ice on DIOS' property, suggesting distinct sources from known pipes. The picking on 266 basal till samples processed for heavy minerals returned up to 128 diamond indicators per sample, an indication of the kimberlitic source proximity. Microprobe testing is completed on 83 samples but pyrope testing on all samples, returning 10 % harzburgitic pyropes following Guerney's classification and 37 % G10 over G9 pyropes following Dawson & Stephen's classification. A multitude of picroilmenites returned very high chromium and magnesium contents, indicating very low oxygen fugacity in the mantle (very good physical conditions to form diamonds), with perovskite rims, indicating conditions to preserve diamonds in the raising chimney.
Such Cr-picroilmenite data mean the mantle under the earth crust underlying the HOTISH project presents very low oxygen content, necessary to form diamonds, reports M.-J. Girard, P.Geo, and the perovskite rims show conditions to preserve them while raising up. For instance, if magnetite (Fe3O4) rims had been encountered instead of perovskite rims, it would have meant a high oxygen content in the raising chimney thus possibly destroying the diamonds back to graphite. We are very enthusiastic about these results, especially as very fragile kimberlite minerals were also observed in the rims, again indicating the proximity of the kimberlitic source. Diamond mines worldwide are mainly hosted within kimberlites. Research work at DIOS is focused on extensive systematic basal glacial sand sampling and interpretation, completed with geophysics which turn out to be a lot easier south-west of the Otish than north of it due to the sedimentary background enabling small intrusives to be more easily targeted than in the highly magnetic background north of the Otish.
Due to the high significance of these results, partial follow-up has already been carried out. The rest of the microprobe results should be available shortly and follow-up geophysics and drilling is planned for this fall and this winter, respectively. SIRIOS RESOURCES INC. (TSX: SOI) is the major shareholder of DIOS.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Marie Jose Girard President (514) 483-5149 (514) 485-2155 (FAX) or Dominique Doucet Chairman (450) 441-9569 diosexplo@bellnet.ca
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