MONTREAL, February 28, 2023 (GLOBE NEWSWIRE) — SIRIOS RESOURCES INC. (TSX-V: SOI) is pleased to announce the commencement of its exploration program at the Aquilon gold mine in 2023. The program is funded by Sumitomo Metal Mining Canada (Sumitomo), operated by Sirios. Sumitomo Corporation has an option to acquire up to an 80% stake in Aquilon following a total investment of $14.8 million (see press release). December 19, 2022).

Work to be done in the coming weeks includes:

• Up to large-scale geochemical sampling survey Find a new masked mineralization area.
• Induced Polarization (IP) Geophysical Survey (about 40 line km) define extensions of known sulfide-related gold indications and find new indications.
• A series of machine-drilled trenches Focuses on several geological and geophysical targets. The trenches are systematically sampled and mapped during the summer.

This winter program will be followed by intensive fieldwork in the summer, including additional soil and rock sampling, geophysical and geological surveys, to advance the facility to drillable stage by the end of 2023. It is done.

About the Aquilon Project

The Aquilon gold mine consists of 140 mineral claims covering an area of ​​68 km.²Located in James Bay, Eyou Istochie, Quebec, 10 km south of the La Forge 1 hydroelectric plant, it is easily accessible by road in all seasons. to date, 32 gold shows Found on the property. His drill interception on the Aquilon project is one of the highest gold grades reported in Quebec (source: Sigeom). 12,906.5 g/t Au at 0.2 m (Lingo display), 3,527.4 g/t Au at 0.4 m (Show me Morman) and 133.67 g/t Au at 0.8 m (shows Fleur-de-Lys) (see. 2008/06/26 and 2011/01/19). For more information, see his recently updated Aquilon Project web page at: sirios.com/en/our-projects/aquilon.

The scientific and technical content of this press release has been reviewed and approved by Roger Moar, P.Geo, Qualified Person under National Instrument 43-101.

About Sirios

Sirios Resources is a mining exploration company based in Canada. Focus on developing a portfolio of high-potential gold and lithium properties It is located in the Eyou-Istochy-James Bay region of Quebec.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as of the date of this press release. Forward-looking statements involve risks, uncertainties and risks that could cause actual events, results, performance, expectations and opportunities to differ materially from those expressed or implied by such forward-looking statements. and other factors. Factors that could cause actual results to differ materially from those indicated in such forward-looking statements include, but are not limited to: Provisional nature of metallurgical test results. Delay or failure to obtain required governmental, environmental or other approvals. uncertainties related to the availability and cost of required financing in future changes in financial markets; inflation; volatility in metals prices; delays in project development; and other risks associated with the mineral exploration and development industry. www.sedar.com. Although we believe that the assumptions and factors used in making the forward-looking statements contained in this news release are reasonable, the reader makes statements only as of the date of this news release. Undue reliance should not be placed on this information. There is no guarantee that any such event will occur or that it will occur within any stated time period. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.

contact:
Dominique Doucet, P.Eng., President
Phone number : 514-918-2867
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Website: www.sirios.com