{"id":2803,"date":"2021-12-16T16:10:18","date_gmt":"2021-12-16T21:10:18","guid":{"rendered":"https:\/\/www.diosexplo.com\/?p=2803"},"modified":"2021-12-16T16:10:18","modified_gmt":"2021-12-16T21:10:18","slug":"dios-reports-mount-royal-resources-acquired-interest-in-33-carats-south","status":"publish","type":"post","link":"https:\/\/www.diosexplo.com\/en\/2021\/12\/16\/dios-reports-mount-royal-resources-acquired-interest-in-33-carats-south\/","title":{"rendered":"DIOS reports Mont Royal Resources acquired interest in 33 Carats-south"},"content":{"rendered":"

DIOS reports Mount Royal Resources acquired interest in 33 Carats-south through acquisition of 75% of Northern Lights Minerals assets<\/b><\/h3>\n

 <\/p>\n

Montreal, Quebec, Canada\u2013 <\/b>On Dec. 2, 2021, Mount Royal Resources reported acquisition of 75% of Northern Lights Minerals Pty Ltd (<\/span>NLM<\/b>) assets including interest in Dios\u2019 33 Carats South project<\/span> 340 km northeast of Chibougamau, Quebec.<\/span>\u00a0<\/span><\/p>\n

\"\"<\/a>On July 1, 2020, <\/span>NLM<\/b> signed an option to acquire from <\/span>Dios<\/b> a 70% interest over five years with $220,000 payments, plus claim renewal cost payments and further $1,400,000 of exploration work.\u00a0 Once 70% interest is obtained, buyer could obtain additional 15% interest following preliminary economic study. <\/span>Dios<\/b> could then contribute to work or convert its 15% interest in 2% NSR, half of which could be bought back for $1,000,000. <\/span><\/p>\n

In Upper Eastmain Greenstone belt, James Bay\/Eeyou-Istchee, 33 CARATS SOUTH gold property is located 6 km northwest of Eastmain Mine gold deposit (Benz Mining) reported containing NI 43-101 and JORC (2012) compliant resource of 376,000oz at 7.9 gpt gold (Indicated: 236,500oz at 8.2g\/t gold, Inferred: 139,300oz at 7.5g\/t gold).\u00a0 Property is accessible all year through road 167 to Renard diamond deposit and 33 Carats South (64 claims for 3369.3 hectares (33.69 km2).\u00a0<\/span><\/p>\n

\"\"<\/a>M.-J. Girard, President of <\/span>Dios<\/b>, stated “We are pleased to welcome new partner to develop strong potential of 33 Carats<\/span> gold<\/span> project, northwest of adjacent Eastmain gold mine property, in NW strike with structural\/stratigraphic Eastmain Mine Trend hosting most of significant gold & copper showings in the area.”<\/span><\/p>\n

\"\"<\/a>Previous Dios work consisting of prospecting, geological mapping and soil sampling delineated a highly prospective area within felsic (tonalite) intrusion, up-ice of significant gold-in-till dispersal train. Property contains <\/span>favourable sequence of felsic volcanics in contact with magnetic tonalite.<\/b>\u00a0 Bohier tonalite hosts numerous porphyry-type Au-Ag-Cu (up to 7.76 g\/t Au, 17.8 g\/t Ag, 4.64% Cu) occurrences within magnetic low. Typical mineralization consists of disseminated \/stringer pyrite-chalcopyrite associated with 1-5% biotite-magnetite and\/or quartz stringers \/veinlets. Technical content of release was prepared by H. Desbiens P. Geo M.Sc., 43-101 Qualified Person.<\/span><\/p>\n

 <\/p>\n

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/span><\/i><\/p>\n

 <\/p>\n

Contact information :<\/b><\/p>\n

Marie-Jos\u00e9 Girard, P. Geo M.Sc., 43-101 QP<\/span><\/p>\n

President<\/span><\/p>\n

mjgirard@diosexplo.com<\/b><\/a><\/p>\n

Tel. (514)\u00a0923-9123 <\/span> Website: <\/b>www.diosexplo.com<\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

DIOS reports Mount Royal Resources acquired interest in 33 Carats-south through acquisition of 75% of Northern Lights Minerals assets   Montreal, Quebec, Canada\u2013 On Dec. 2, 2021, Mount Royal Resources reported acquisition of 75% of Northern Lights Minerals Pty Ltd (NLM) assets including interest in Dios\u2019 33 Carats South project 340 km northeast of Chibougamau, […]<\/p>\n","protected":false},"author":10,"featured_media":2804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-2803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nDIOS reports Mont Royal Resources acquired interest in 33 Carats-south - Dios Exploration<\/title>\n<meta name=\"description\" content=\"DIOS reports Mount Royal Resources acquired interest in 33 Carats-south through acquisition of 75% of Northern Lights Minerals assets\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.diosexplo.com\/en\/2021\/12\/16\/dios-reports-mount-royal-resources-acquired-interest-in-33-carats-south\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DIOS reports Mont Royal Resources acquired interest in 33 Carats-south - 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