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MINING ANALYST ERIC LEMIEUX, MSc , P. Geo MINING & EXPLORATION ANALYTICS

Significant 900 m long IP anomaly over Badji gold-copper-silver showing from IP survey just completed in northeastern K2, SW of AZM Patwon gold discovery in Eeyou Istchee – James Bay, Québec.  

 On August 31, 2022, Dios reported ground IP (induced polarization) survey was completed on northeastern part of the 100% owned K2 property in the Eeyou Istchee – James Bay area of NW Québec. The IP survey reveals preliminary results in volcanic rocks intertwined with small gabbro plug series, ~10 km SW of Patwon discovery of Azimut Exploration (AZM-V) Patwon discovery (https://www.linkedin.com/pulse/azimut-exploration-inc-azm-v-more-interesting-results-eric-lemieux/?published=t), along a regional prospective shear zone gold corridor. Several IP axis anomalies have been defined by the 16 km-line IP survey at 200 m line spacing and permits to refine potential drill targets for a mid-September 2022 drill campaign.

Refining targets: The PP-5 chargeability anomaly is ~900m long and associated with a previous identified gold-copper-silver mineralized zone.  Dios discovered the Badji Showing in 2014 (up to 5.39 g/t Au, 111 g/t Ag, 5.05% Cu, 93 ppm bismuth) consisting of centimetric stringers of pyrite-chalcopyrite in foliated strongly sericitized dacite proximal to the Kali intrusion.

PP-3, ~400m long, is a strong anomaly in its center part and is also associated with volcanic units but also borders the southern contact of small gabbro plugs.

PP-1, ~400m long, is associated with sulfidic mineralization in a magnetic gabbro proximal to the historical WESMIN Showing (grading up to 1.08 % Cu, 13.8 g/t Ag, 0.41 g/t Au). These gabbro plugs have been poorly explored.

PP-8 & PP-9 appear associated with the Shiva Showing, a mineralized horizon (up to 2.12 g/t Au) in volcanics.

Match plan: Up to 11 diamond drill holes (2,300 m) have been planned within the target areas of the northeastern part of the K2 property.

 

Please see end of:

https://www.linkedin.com/pulse/dios-exploration-inc-dos-v-reports-gold-zones-drilled-eric-lemieux/

 

and also: https://www.linkedin.com/pulse/dios-exploration-inc-dos-v-more-results-from-drill-program-lemieux/.

 

https://www.diosexplo.com/en/2022/08/31/significant-900-m-long-ip-anomaly/

 

Important Disclosures

 

Company                                                       Ticker                                                                         Disclosures*            

Dios Exploration Inc.                         DOS-V                                                                             B, R    

 

* Legend

A               The Mining Analyst, in his own account or in a family related account, owns securities in excess of 1,000 shares of the issued and outstanding equity securities of this issuer.

B               The Mining Analyst, in his own account or in a family related account, owns securities in excess of 10,000 shares of the issued and outstanding equity securities of this issuer.

C               The Mining Analyst, in his own account or in a family related account, owns securities in excess of 30,000 shares of the issued and outstanding equity securities of this issuer.

D               The Mining Analyst, in his own account or in a family related account, owns securities in excess of 50,000 shares of the issued and outstanding equity securities of this issuer.

E               The Mining Analyst, in his own account or in a family related account, owns securities in excess of 100,000 shares of the issued and outstanding equity securities of this issuer.

F               The Mining Analyst, in his own account or in a family related account, owns securities in excess of 250,000 shares of the issued and outstanding equity securities of this issuer.

V               The Mining Analyst has visited material operations of this issuer.

P               This issuer paid a portion of the travel-related expenses incurred by the Mining Analyst to visit material operations of this issuer.

Q               This issuer has directly paid the Mining Analyst.

R               This issuer has indirectly paid the Mining Analyst.

 

Mining Analyst Certification

I, Éric Lemieux, Mining Analyst, hereby certify that the comments and opinions expressed in this report accurately reflect my personal views about the subject and the issuer.

I determine and have final say over which companies are included in my research and do not have direct or indirect remuneration unless disclosed.

This report has been prepared for general information purposes only and should not be considered either a solicitation for the purchase or an offer of securities. This research note does not constitute a recommendation.

The securities mentioned in this report may not be suitable for all types of investors. The information contained in this report is not intended as individual investment advice and is not designed to meet any particular investment objectives, financial situations, or needs. Nothing in this report constitutes legal, accounting or tax advice.

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