The management of Sirios Resources Inc. announces that the suspension of its exploration activities initiated on June 4 in the Eeyou Istchee James Bay region is continuing. This suspension will continue as long as the restriction of access to the public forest is maintained by the Government of Quebec in order to prevent new fires. The management of Sirios wishes to indicate that they greatly appreciate the efforts made [...]
The management of Sirios Resources Inc. is pleased to announce that it has completed the sale of the Pontax property, located in Eeyou Istchee James Bay, Quebec, pursuant to the term and conditions of the sale and purchase agreement entered into between the Company, Cygnus Metals Ltd. and its wholly owned Canadian subsidiary Avenir Metals Limited, on February 16, 2023. As agreed, all ancillary agreements to the SPA were [...]
Sirios Resources Inc. acquired, by map designation, 284 additional claims on its Li-52 property, located in Eeyou Istchee James Bay. The property is currently made up of 550 claims covering an area of over 286 km2, making it Sirios' largest property. It has excellent potential for lithium, as indicated by the presence of several lithium , cesium, rubidium and gallium anomalies in lake-bottom sediment samples. The newly [...]
Management of Sirios Resources Inc. is pleased to announce the start of the 2023 exploration program on its Aquilon gold property. The program is financed by Sumitomo Metal Mining Canada , with Sirios as the operator. Sumitomo has an option to acquire up to an 80% interest in Aquilon, following an investment totaling $14.8M . Work to be undertaken in the coming weeks will include: Large-scale till geochemical sampling [...]
Sirios Resources Inc. announces that at the annual and special meeting of its shareholders on December 15, 2022 , shareholders approved the renewal of the Corporation stock option plan , as amended. Pursuant to the policies of the TSX Venture Exchange , the Stock Option Plan is a "10% rolling" stock option plan. The maximum aggregate number of common shares that may be reserved for issuance under the Stock Option Plan is [...]
The management of Sirios Resources Inc. is pleased to announce that it has signed a sale and purchase agreement with the Australian company Cygnus Gold Ltd. and its wholly owned Canadian subsidiary Avenir Metals Limited for the sale of the Pontax property, located in Eeyou Istchee James Bay, Quebec, in consideration of a $1.2M cash payment upon signing and the issuance of 750,000 shares of Cygnus. Further payments and [...]
Sirios Resources Inc. has completed an in-depth evaluation for the lithium potential on its numerous properties located in Eeyou Istchee James Bay, Quebec. Sirios currently holds 1,447 claims in the James Bay region, totaling nearly 750 km2, which gives the company a very favorable position in relation to the lithium potential of the region . Four of Sirios' projects have been identified as very promising for hosting [...]
Management of Sirios Resources Inc. is pleased to announce the filing on SEDAR of the technical report "Mineral Resource Estimate Update for the Cheechoo Project, Eeyou Istchee James Bay, Quebec", with an effective date of July 20, 2022. The report, compliant to NI 43-101 standards and completed for Sirios by BBA, includes an updated mineral resource estimate of the Cheechoo Gold Project, located in Eeyou Istchee James [...]
Sirios Resources Inc. announces that it has closed a non-brokered private placement for aggregate gross proceeds of $999,999.28 . The Offering consisted of the issuance of 14,285,704 common shares of the Corporation at a price of $0.07 per Common Share. The net proceeds from the sale of the Common Shares will be mainly used by the Corporation to advance its Cheechoo gold project. Finder's fees totalling $66,780.00 were [...]
Management of Sirios Resources Inc. is pleased to announce the signing of a property option agreement with Sumitomo Metal Mining Canada Ltd, , pursuant to which has agreed to grant to Sumitomo an option to acquire up to an 80% interest, following an investment totaling $14.8M on the Aquilon gold property, located in Eeyou Istchee James Bay in Quebec. Dominique Doucet, chief executive officer of Sirios, stated: "We are [...]
Sirios Resources Inc. announces that all the resolutions that were presented at the annual and special meeting yesterday were approved by the shareholders. These resolutions include the appointment of the directors and the auditors as well as the renewal of the Stock Option Plan. Shareholders elected Luc Cloutier, François Auclair, Guy Le Bel, Dominique Doucet and Colinda Parent to the Board of Directors with an approval [...]
Management of Sirios Resources Inc. is very pleased to announce the updated resource estimate for its Cheechoo gold property. The Cheechoo deposit now includes 74% of the gold ounces classified as indicated resources. In addition, the gold grade of these indicated resources shows an increase of 45% over the 2020 resources. This resource update follows the 2021 definition drilling program totalling 6,836 m on Sirios [...]