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Sirios Unveils Fully Funded 2026 Drill Campaign to Advance Cheechoo and James Bay Gold Portfolio

Story Highlights
  • Sirios will launch a fully funded 35,000-metre drill program at Cheechoo to update resources and support a 2027 PEA.
  • The company is advancing parallel work at Aquilon, PLEX, and Fagnant and adding a paid marketing campaign to boost visibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

Sirios Resources ( (TSE:SOI) ) has provided an update.

Sirios Resources has outlined a fully funded 2026 exploration program centered on a two-phase, 35,000-metre drilling campaign at its Cheechoo Gold Project, beginning with 25,000 metres in the second quarter to expand and refine the resource estimate. The initial phase targets a modeled exploration zone, metasediments within the current pit shell, and the higher-grade Eclipse sector, with a second phase of at least 10,000 metres planned for early 2027 to support an updated resource estimate and a Preliminary Economic Assessment in the first half of 2027.

Additional work is planned across the company’s broader portfolio, including a follow-up program at the Aquilon project with partner Sumitomo Metal Mining Canada, ongoing compilation and planning at the PLEX project ahead of 2027 fieldwork, and a helicopter-borne magnetic survey at the Fagnant project in the second quarter of 2026. Sirios has also engaged Resource Stock Digest for a three-month, US$100,000 marketing campaign, underscoring efforts to raise its market profile as it ramps up exploration across multiple properties.

The most recent analyst rating on (TSE:SOI) stock is a Hold with a C$0.19 price target. To see the full list of analyst forecasts on Sirios Resources stock, see the TSE:SOI Stock Forecast page.

Spark’s Take on SOI Stock

According to Spark, TipRanks’ AI Analyst, SOI is a Neutral.

The score is held back primarily by weak financial performance (pre-revenue operations, recurring losses, and negative TTM free cash flow), partially offset by a strong, low-debt balance sheet. Technicals add modest support as price is above key moving averages with neutral-to-positive momentum, while valuation is unfavorable/unclear due to negative earnings and no dividend yield.

To see Spark’s full report on SOI stock, click here.

More about Sirios Resources

Sirios Resources Inc. is a Canadian mineral exploration company focused on gold projects in the Eeyou Istchee James Bay region of Quebec. Its key assets include the Cheechoo Gold Project as well as the Aquilon, PLEX, and Fagnant properties, where it is advancing drilling and early-stage exploration to define and expand gold resources.

Average Trading Volume: 881,238

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$101.5M

Learn more about SOI stock on TipRanks’ Stock Analysis page.

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