Diamond Drilling Gold Discovery on CLN Structure Area

MONTRÉAL, May 08, 2018 (GLOBE NEWSWIRE) -- Management of DIOS EXPLORATION (TSX-V:DOS) is very pleased to report a drilling gold discovery in CLN area of large wholly-owned 113 sq. km AU33 property.

First ever diamond drilling in CLN area hit 3.26 grams per tonne gold over 6 m true width in a wider interval of some 2 g/t gold over 11 m at a vertical depth of 85 m.

This pyritized gold zone of 3.26 g/t gold over 6 meters (1.974 g/t gold over 11 m) is hosted in the footwall of a silicified shear, which is very anomalous in gold returning in that hole 0.6 /t gold over 4 m (0,313 /t gold over 9 m) . This structure, well outlined over at least one km by magnetics, shows a lot of potential either in the footwall or in the structure itself. That hole is very anomalous in gold with further values down the hole such as 0.515 g/t gold/1m (143-144m) and 0.803 g/t gold/1m (147-148m).

Surface samples taken along a 100 meter strike of the altered foliated structure had returned eight samples (out of nine) with assays superior to 0.5 g/t gold, including 12.55; 6.64; 4.66; 4.45; 2.01; 1.98 g/t gold in 2017 and up to 12.65, 5.15, 2.56, 2.23 and 0.53 g/t gold upper in the CLN cliff in 2011-2012.

Detailed prospecting and sampling is planned to further define that gold zone and understand the strikes and structural relations for further targeting. Further diamond drilling is planned along strike and at depth. The adjoining Chain Lake break returned very strongly anomalous gold-in-soil anomalies in that area (B-horizon) along a 1.75 km strike also giving higher potential to the whole area.

Further assays and checks will be released when available. Core was logged and sampled in one meter long samples all the time, pursuant to industry standards, under the supervision of Harold Desbiens, M.Sc. Geo, 43-101 qualified person, and sent for assaying by AA-23 or AA-24 method at ALS Laboratories, Canada.

DIOS’ AU33 gold property is road accessible 55 km south of Eleonore world-class gold mine and 15 km west of Clearwater gold deposit, James Bay Eeyou Istchee, Quebec. This release was reviewed by MJ Girard, M.Sc. Geo 43-101 QP.

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.

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