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Sirios Resources ( (TSE:SOI) ) has shared an announcement.
Sirios Resources Inc. has announced the discovery of visible gold in the extension of drill hole #317 at its Cheechoo gold project. This discovery, observed in quartz veinlets, suggests potential gold presence at depths between 499.5 to 507.5 meters. The drill hole was extended to 522 meters, and while the observations are promising, laboratory analyses are required to determine the gold grade and extent. The discovery is part of Phase 2 of the ongoing 2024-2025 drilling program, potentially enhancing the project’s value and impact on the company’s market position.
More about Sirios Resources
Sirios Resources Inc. operates in the mining industry, focusing primarily on gold exploration. The company is engaged in the development of its Cheechoo gold project located in Eeyou Istchee James Bay, Quebec.
YTD Price Performance: 12.50%
Average Trading Volume: 206,811
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$13.74M
See more data about SOI stock on TipRanks’ Stock Analysis page.
