{"id":2225,"date":"2020-03-19T22:10:27","date_gmt":"2020-03-20T02:10:27","guid":{"rendered":"https:\/\/www.diosexplo.com\/?p=2225"},"modified":"2020-03-30T17:18:47","modified_gmt":"2020-03-30T21:18:47","slug":"drilling-planned-on-solo-second-closing-for-k2","status":"publish","type":"post","link":"https:\/\/www.diosexplo.com\/en\/2020\/03\/19\/drilling-planned-on-solo-second-closing-for-k2\/","title":{"rendered":"Drilling planned on Solo \u2013 Second closing for K2"},"content":{"rendered":"<h2 style=\"text-align: center;\"><strong>Drilling planned on Solo \u2013 Second closing for K2<\/strong><\/h2>\n<p><strong>Montreal, Quebec &#8211; Dios Exploration Inc.<\/strong> reports partner Sirios Resources completed an heli-borne magnetic survey and plans drilling in April on Solo gold property, south of Opinaca river Fault, south-east of its K2 property., adjacent to Azimut Exploration&#8217;s Elmer gold discovery property, James Bay Eeyou Istchee, Quebec. (02\/27 Sirios\u2019release)<\/p>\n<p>Dios reported on Feb. 11 signing an agreement with Sirios, allowing Sirios to earn an interest in this Solo claim block south of Opinaca Fault. Solo covers a fold hinge in younger rocks than on K2-Elmer. Former claim holders located on Solo gold-in-soil and Induced Polarization anomalies in a topography without bedrock exposures. These never drilled targets can only be properly tested by drilling.<\/p>\n<p><strong>Second Closing<\/strong><\/p>\n<p>Dios completed a non-brokered private placement for a total of $659,000, including a second closing of $42,000 pursuant to which a further 420,000 flow-though shares were issued at the price of $ 0.10 each. See March 5 release.<\/p>\n<p>The net proceeds will be used for exploration work on Dios\u2019 wholly-owned<strong> K2<\/strong> property, adjacent in strike SW to Azimut&#8217; s Elmer property. Dios delineated 3 km long <strong>WI target<\/strong> electromagnetic conductor and, among others, <strong>ATTILA gold-copper-silver<\/strong> prospect, southwest of Azimut\u2019s Patwon gold discovery, bearing similarities in some host rocks, alterations and 3 networks of quartz veins. K2 is underlain by same stratigraphy as Elmer property, north of Opinaca Fault, a major regional structure.<\/p>\n<p>This press release has been reviewed by Marie-Jos\u00e9 Girard, Geo M.Sc., President of Dios, Qualified Person following National Instrument 43-101.<\/p>\n<h5><em>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is d efined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/em><\/h5>\n<p><strong>Contact information :<\/strong><br \/>\n<strong>Marie-Jos\u00e9 Girard, President, Geo M.Sc.<\/strong><br \/>\n<strong>mjgirard@diosexplo.com<\/strong><br \/>\n<strong>Tel.: (514) 923-9123 Website: www.diosexplo.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Drilling planned on Solo \u2013 Second closing for K2 Montreal, Quebec &#8211; Dios Exploration Inc. reports partner Sirios Resources completed an heli-borne magnetic survey and plans drilling in April on Solo gold property, south of Opinaca river Fault, south-east of its K2 property., adjacent to Azimut Exploration&#8217;s Elmer gold discovery property, James Bay Eeyou Istchee, [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":2195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-2225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - 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