Dios Exploration has identified a high-grade uranium lens, along with the mineralization of lead and copper at the sub-vertical volcanics in the Hotish property, which is located near the Cameco's property, James Bay Agreement Land and Otish Mtns.
The striped mineralized lens is crosscut by five horizontal diamond-saw channels along a length of 15 m. The company intersected 1.04% U3O8 over 1 m, 0.5042% U3O8 over 2 m, 0.155% U3O8 over 1 m and 0.087% U3O8 over 2 m, including 0.13% copper, 0.621% U3O8 over 3 m, 0.1% U3O8 over 1 m, 0.165% lead and 0.532% U3O8 over 1 m.
The company obtained 1,66% U3O8 and 0,624% en U3O8 from two grab samples. After the company performed manual stripping of a 64 000 et 30 000 cps segment, along with chalchopyrite, related sulfides and uranophane, grab samples were found in the outcrop. A schistous look is given by a strong shear and brecciated texture. In the brecciated regions, fragments are hematized. Therefore, the companies performed mechanical stripping over 15 m and expanded thickness by 5 m. The mineralized lens appears to trace a north-south formation, which crosscuts the sub-vertical, east-west sheared volcanics and additionally this lens must be exposed along its areas with huge machinery.