Sirios intercepts 0.26 g/t gold over 298.2 metres at Aquilon
Executive Summary
The 2025 drilling program consisted of thirteen holes totaling 5,420 metres, leading to the discovery of a new mineralization setting characterized by high-grade gold intervals surrounded by lower-grade halos. This mineralization occurs continuously within a large rock volume in a previously underexplored area west of historical gold showings. CEO Dominique Doucet drew parallels to the company's successful Cheechoo project, noting that the first drill hole there returned 0.21 g/t gold over 191.4 metres, highlighting Aquilon's similar potential.
The exploration program was funded by Sumitomo Metal Mining Canada, which has now earned a 51% interest in the project after investing more than C$4.8 million and completing Phase 1 requirements of their option agreement. Going forward, all exploration programs will be jointly funded by Sumitomo and Sirios in proportion to their respective ownership interests. The Aquilon project covers 68 square kilometres with 140 mineral claims and has historically produced some of Quebec's highest-grade gold intercepts, including 12,906.5 g/t gold over 0.2 metres.
These results represent a significant step forward for Aquilon's development, establishing a large-scale mineralized system with strong expansion potential. The partnership with Sumitomo provides substantial financial backing for continued exploration, positioning the project as a potential major gold discovery in the prolific James Bay region. The combination of significant thickness, lateral extent, and depth potential suggests Aquilon could develop into a substantial gold resource with further drilling.
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