{"success":true,"data":{"pressRelease":{"id":"155088","rtpr_id":"nNFC8QPRtd-20260929","ticker":"SOI","exchange":"","all_tickers":["SOI"],"title":"Sirios Completes Phase 1 of Expansion Drilling at Cheechoo and Intersects 39.94 g/t Gold over 6.5 m and 9.07 g/t Au over 12.5 m","author":"Newsfile Corp","published_at":"2026-09-29T11:00:16.312Z","article_body":"Visible gold observed in 68 intervals from 18 drill holes, with a total of\n23,037.5 m drilled in Phase 1\n\nMontreal, Quebec--(Newsfile Corp. - September 29, 2026) - Sirios Resources\nInc. (TSXV: SOI) (OTCQB: SIREF) (FSE: 377A) (\"Sirios\" or the \"Company\")\nannounces assay results from 15 holes totalling 6,850 m from Phase 1 drilling\nat its Cheechoo gold project, located in the Eeyou Istchee James Bay region of\nQuebec.\n\nHighlights:\n\nHigh-grade intervals:\n* 39.94 g/t Au over 6.5 m, including 129.00 g/t Au over 2.0 m (CH26-337)\n* 9.07 g/t Au over 12.5 m, including 103.11 g/t Au over 1.0 m (CH26-345)\n* 25.21 g/t Au over 3.0 m, including 50.06 g/t Au over 1.5 m (CH26-337)\nMain intervals:\n* 122.1 m at 0.43 g/t Au (CH26-334)\n* 92.0 m at 0.43 g/t Au (CH26-332)\n* 58.4 m at 0.62 g/t Au (CH26-334)\n* 21.8 m at 1.29 g/t Au (CH26-345)\n* 91.5 m at 0.30 g/t Au (CH26-337)\n* 54.0 m at 0.49 g/t Au (CH26-342)\n* 88.5 m at 0.30 g/t Au (CH26-334)\n* 58.5 m at 0.45 g/t Au (CH26-339)\n* 41.0 m at 0.60 g/t Au (CH26-336)\nVisible gold was observed in 68 intervals across 18 drill holes, confirming\nthe continuity and strong potential of the mineralized system. Holes with no\nsignificant results drilled along the northern and northeastern margins of the\ngold resources mainly intersected a barren paragneiss unit, distinct from the\nwacke and tonalite units associated with mineralization.\n\nPhase 1 of the drilling campaign was completed on September 28, with a total\nof 45 holes and 23,037.5 metres drilled. Planning is underway for Phase 2,\nwhich will comprise approximately 12,000 metres and will complete the 35,000 m\ncampaign announced on April 1 (see press release\n(https://api.newsfilecorp.com/redirect/GzLQVHWZqe)). Phase 2 is scheduled to\nbegin in January 2027.\n\n\"The results received to date are encouraging,\" said Dominique Doucet, Head of\nExploration at Sirios. \"Our drilling continues to demonstrate expansion\npotential along the margins of the deposit within the tonalite and at depth.\nWe look forward to receiving the complete assay results from this campaign.\"\n\n\"We have now received nearly half of the results from our summer campaign at\nCheechoo, and we are once again seeing the combination of high-grade\nmineralization and long, lower-grade intervals that is characteristic of the\nCheechoo project,\" said Jean-Félix Lepage, Chief Executive Officer of Sirios.\n\"The updated modelling is progressing well, and the resource estimate will\nbegin in the coming weeks.\"\n\n(https://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_002full.jpg)\n\nFigure 1: Location of observations of visible gold \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_002full.jpg\n\nTable 1: 2026 Drilling Program – Main Results from the 15 New Drill Holes\n\n(https://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_003full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_003full.jpg\n\n*Visible gold.\nInterval lengths are measured along the drill holes and do not necessarily\nrepresent true thicknesses. At this stage of the program, true thicknesses\nremain unknown.\n\n(https://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_004full.jpg)\n\nFigure 2: Location of the 15 drill holes\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_004full.jpg\n\nTable 2: Drill Collar Locations\n\n Hole      Azimuth  Dip  Length (m)  Easting*  Northing*  \n CH26-330  241      -51  435         438043    5830522    \n CH26-331  230      -56  591         437781    5830491    \n CH26-332  245      -55  558.5       438163    5830649    \n CH26-333  235      -52  132         437697    5830969    \n CH26-334  240      -53  1002        439087    5830358    \n CH26-336  235      -65  612         437832    5830402    \n CH26-337  239      -57  576         438206    5830609    \n CH26-338  20       -60  210         437663    5830814    \n CH26-339  245      -52  399         438098    5830690    \n CH26-342  185      -75  318         437531    5830191    \n CH26-343  240      -57  435         438099    5830761    \n CH26-344  240      -52  546         438348    5830742    \n CH26-345  190      -65  429.6       437472    5830293    \n CH26-348  20       -60  339         438326    5830574    \n CH26-349  220      -55  267         437657    5830551    \n\n \n\n* UTM Zone 18 coordinates\n\nIn addition, the on-site analytical program scanned 39 drill holes from the\ncurrent campaign using Élémission's ECORE LIBS (Laser-Induced Breakdown\nSpectroscopy) instrument. The analytical program now totals 116 drill holes\nrepresenting more than 37,350 m of scanned core.\n\nQuality Assurance and Quality Control\nDrill core was logged and sampled by Sirios personnel at the Cheechoo\nexploration camp. The core was sawn into two halves, one of which was sent to\na certified commercial laboratory for analysis, while the other half was\nretained for future reference. In accordance with a strict analytical quality\nassurance and quality control program, blanks and certified reference\nmaterials were inserted into the sampling sequence. Samples were analyzed for\ngold using approximately 500 g of crushed material with the PhotonAssay™\nmethod at the MSALABS laboratory in Val-d'Or. Samples containing visible gold\nwere analyzed using the entire crushed sample with the PhotonAssay™ method.\n\nQualified Person\nThe scientific and technical content of this press release has been reviewed\nand approved by Dominique Doucet, Eng., Head of Exploration at Sirios, a\nQualified Person as defined by National Instrument 43-101.\n\nAbout the Cheechoo Project\nCheechoo is located approximately 15 km from the Éléonore mine and near\ninfrastructure, including roads and hydroelectric facilities, in the Eeyou\nIstchee Baie-James region of Canada. Cheechoo is in the resource development\nstage, with 35 Mt of indicated resources at 1.12 g/t (1,262 koz) and 42.7 Mt\nof inferred resources at 1.23 g/t (1,688 koz) (see NI 43-101 Technical Report\non the Cheechoo Project with an Updated Mineral Resource Estimate for the\nCheechoo Gold Deposit, (https://api.newsfilecorp.com/redirect/Q2WXBhpK0P)\nEeyou Istchee James Bay, Québec, dated August 22, 2025 and deposited on the\nCompany's website and on SEDAR+). In addition, a conceptual exploration target\nof 31 to 40 million tonnes of mineralization grading between 1.27 and 1.45 g/t\nAu has been estimated.\n\nAbout Sirios\nSirios Resources is a Quebec-based mineral exploration company focused on\ndeveloping its Cheechoo gold deposit, as well as exploring and advancing its\nother high-potential gold projects in the Eeyou Istchee James Bay region of\nCanada.\n\nContact\nJean-Félix Lepage, CEO\nPhone: 438-454-5636\njflepage@sirios.com\nwww.sirios.com\n\nCautionary Note Regarding Forward-Looking Statements\nThis press release contains \"forward-looking statements\" within the meaning of\napplicable Canadian securities laws, based on expectations, estimates, and\nprojections as of the date of this press release. Forward-looking statements\ninvolve risks, uncertainties, and other factors that could cause actual\nevents, results, performance, expectations, and opportunities to differ\nmaterially from those expressed or implied in such forward-looking statements.\nFactors that could cause actual results to differ materially from those\nindicated in these forward-looking statements include, but are not limited to:\ncapital and operating costs that differ materially from estimates; the\npreliminary nature of metallurgical test results; delays or failures in\nobtaining required governmental, environmental, or other approvals;\nuncertainties regarding the availability and cost of necessary future\nfinancing; changes in financial markets; inflation; fluctuations in metal\nprices; delays in project development; other risks associated with the mineral\nexploration and development industry; and the risks disclosed in the Company's\npublic filings on SEDAR+ at www.sedarplus.ca. Although the Company believes\nthat the assumptions and factors used to prepare the forward-looking\nstatements contained in this press release are reasonable, readers should not\nplace undue reliance on this information, which is valid only as of the date\nof this press release, and there is no guarantee that these events will occur\nor occur within the timeframes indicated. The Company disclaims any intention\nor obligation to update or revise any forward-looking statements, whether as a\nresult of new information, future events, or otherwise, except as required by\napplicable law.\n\nNeither the TSX Venture Exchange nor its regulatory services provider (as\ndefined in the policies of the TSX Venture Exchange) accepts any\nresponsibility for the adequacy or accuracy of this press release.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/316485","article_body_html":"","raw_payload":{"data":{"id":"nNFC8QPRtd-20260929","title":"Sirios Completes Phase 1 of Expansion Drilling at Cheechoo and Intersects 39.94 g/t Gold over 6.5 m and 9.07 g/t Au over 12.5 m","author":"Newsfile Corp","ticker":"SOI","created":"2026-09-29T11:00:16.312Z","tickers":["SOI"],"exchange":"","article_body":"Visible gold observed in 68 intervals from 18 drill holes, with a total of\n23,037.5 m drilled in Phase 1\n\nMontreal, Quebec--(Newsfile Corp. - September 29, 2026) - Sirios Resources\nInc. (TSXV: SOI) (OTCQB: SIREF) (FSE: 377A) (\"Sirios\" or the \"Company\")\nannounces assay results from 15 holes totalling 6,850 m from Phase 1 drilling\nat its Cheechoo gold project, located in the Eeyou Istchee James Bay region of\nQuebec.\n\nHighlights:\n\nHigh-grade intervals:\n* 39.94 g/t Au over 6.5 m, including 129.00 g/t Au over 2.0 m (CH26-337)\n* 9.07 g/t Au over 12.5 m, including 103.11 g/t Au over 1.0 m (CH26-345)\n* 25.21 g/t Au over 3.0 m, including 50.06 g/t Au over 1.5 m (CH26-337)\nMain intervals:\n* 122.1 m at 0.43 g/t Au (CH26-334)\n* 92.0 m at 0.43 g/t Au (CH26-332)\n* 58.4 m at 0.62 g/t Au (CH26-334)\n* 21.8 m at 1.29 g/t Au (CH26-345)\n* 91.5 m at 0.30 g/t Au (CH26-337)\n* 54.0 m at 0.49 g/t Au (CH26-342)\n* 88.5 m at 0.30 g/t Au (CH26-334)\n* 58.5 m at 0.45 g/t Au (CH26-339)\n* 41.0 m at 0.60 g/t Au (CH26-336)\nVisible gold was observed in 68 intervals across 18 drill holes, confirming\nthe continuity and strong potential of the mineralized system. Holes with no\nsignificant results drilled along the northern and northeastern margins of the\ngold resources mainly intersected a barren paragneiss unit, distinct from the\nwacke and tonalite units associated with mineralization.\n\nPhase 1 of the drilling campaign was completed on September 28, with a total\nof 45 holes and 23,037.5 metres drilled. Planning is underway for Phase 2,\nwhich will comprise approximately 12,000 metres and will complete the 35,000 m\ncampaign announced on April 1 (see press release\n(https://api.newsfilecorp.com/redirect/GzLQVHWZqe)). Phase 2 is scheduled to\nbegin in January 2027.\n\n\"The results received to date are encouraging,\" said Dominique Doucet, Head of\nExploration at Sirios. \"Our drilling continues to demonstrate expansion\npotential along the margins of the deposit within the tonalite and at depth.\nWe look forward to receiving the complete assay results from this campaign.\"\n\n\"We have now received nearly half of the results from our summer campaign at\nCheechoo, and we are once again seeing the combination of high-grade\nmineralization and long, lower-grade intervals that is characteristic of the\nCheechoo project,\" said Jean-Félix Lepage, Chief Executive Officer of Sirios.\n\"The updated modelling is progressing well, and the resource estimate will\nbegin in the coming weeks.\"\n\n(https://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_002full.jpg)\n\nFigure 1: Location of observations of visible gold \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_002full.jpg\n\nTable 1: 2026 Drilling Program – Main Results from the 15 New Drill Holes\n\n(https://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_003full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_003full.jpg\n\n*Visible gold.\nInterval lengths are measured along the drill holes and do not necessarily\nrepresent true thicknesses. At this stage of the program, true thicknesses\nremain unknown.\n\n(https://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_004full.jpg)\n\nFigure 2: Location of the 15 drill holes\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/2313/316485_d532d8efd42f3aac_004full.jpg\n\nTable 2: Drill Collar Locations\n\n Hole      Azimuth  Dip  Length (m)  Easting*  Northing*  \n CH26-330  241      -51  435         438043    5830522    \n CH26-331  230      -56  591         437781    5830491    \n CH26-332  245      -55  558.5       438163    5830649    \n CH26-333  235      -52  132         437697    5830969    \n CH26-334  240      -53  1002        439087    5830358    \n CH26-336  235      -65  612         437832    5830402    \n CH26-337  239      -57  576         438206    5830609    \n CH26-338  20       -60  210         437663    5830814    \n CH26-339  245      -52  399         438098    5830690    \n CH26-342  185      -75  318         437531    5830191    \n CH26-343  240      -57  435         438099    5830761    \n CH26-344  240      -52  546         438348    5830742    \n CH26-345  190      -65  429.6       437472    5830293    \n CH26-348  20       -60  339         438326    5830574    \n CH26-349  220      -55  267         437657    5830551    \n\n \n\n* UTM Zone 18 coordinates\n\nIn addition, the on-site analytical program scanned 39 drill holes from the\ncurrent campaign using Élémission's ECORE LIBS (Laser-Induced Breakdown\nSpectroscopy) instrument. The analytical program now totals 116 drill holes\nrepresenting more than 37,350 m of scanned core.\n\nQuality Assurance and Quality Control\nDrill core was logged and sampled by Sirios personnel at the Cheechoo\nexploration camp. The core was sawn into two halves, one of which was sent to\na certified commercial laboratory for analysis, while the other half was\nretained for future reference. In accordance with a strict analytical quality\nassurance and quality control program, blanks and certified reference\nmaterials were inserted into the sampling sequence. Samples were analyzed for\ngold using approximately 500 g of crushed material with the PhotonAssay™\nmethod at the MSALABS laboratory in Val-d'Or. Samples containing visible gold\nwere analyzed using the entire crushed sample with the PhotonAssay™ method.\n\nQualified Person\nThe scientific and technical content of this press release has been reviewed\nand approved by Dominique Doucet, Eng., Head of Exploration at Sirios, a\nQualified Person as defined by National Instrument 43-101.\n\nAbout the Cheechoo Project\nCheechoo is located approximately 15 km from the Éléonore mine and near\ninfrastructure, including roads and hydroelectric facilities, in the Eeyou\nIstchee Baie-James region of Canada. Cheechoo is in the resource development\nstage, with 35 Mt of indicated resources at 1.12 g/t (1,262 koz) and 42.7 Mt\nof inferred resources at 1.23 g/t (1,688 koz) (see NI 43-101 Technical Report\non the Cheechoo Project with an Updated Mineral Resource Estimate for the\nCheechoo Gold Deposit, (https://api.newsfilecorp.com/redirect/Q2WXBhpK0P)\nEeyou Istchee James Bay, Québec, dated August 22, 2025 and deposited on the\nCompany's website and on SEDAR+). In addition, a conceptual exploration target\nof 31 to 40 million tonnes of mineralization grading between 1.27 and 1.45 g/t\nAu has been estimated.\n\nAbout Sirios\nSirios Resources is a Quebec-based mineral exploration company focused on\ndeveloping its Cheechoo gold deposit, as well as exploring and advancing its\nother high-potential gold projects in the Eeyou Istchee James Bay region of\nCanada.\n\nContact\nJean-Félix Lepage, CEO\nPhone: 438-454-5636\njflepage@sirios.com\nwww.sirios.com\n\nCautionary Note Regarding Forward-Looking Statements\nThis press release contains \"forward-looking statements\" within the meaning of\napplicable Canadian securities laws, based on expectations, estimates, and\nprojections as of the date of this press release. Forward-looking statements\ninvolve risks, uncertainties, and other factors that could cause actual\nevents, results, performance, expectations, and opportunities to differ\nmaterially from those expressed or implied in such forward-looking statements.\nFactors that could cause actual results to differ materially from those\nindicated in these forward-looking statements include, but are not limited to:\ncapital and operating costs that differ materially from estimates; the\npreliminary nature of metallurgical test results; delays or failures in\nobtaining required governmental, environmental, or other approvals;\nuncertainties regarding the availability and cost of necessary future\nfinancing; changes in financial markets; inflation; fluctuations in metal\nprices; delays in project development; other risks associated with the mineral\nexploration and development industry; and the risks disclosed in the Company's\npublic filings on SEDAR+ at www.sedarplus.ca. Although the Company believes\nthat the assumptions and factors used to prepare the forward-looking\nstatements contained in this press release are reasonable, readers should not\nplace undue reliance on this information, which is valid only as of the date\nof this press release, and there is no guarantee that these events will occur\nor occur within the timeframes indicated. The Company disclaims any intention\nor obligation to update or revise any forward-looking statements, whether as a\nresult of new information, future events, or otherwise, except as required by\napplicable law.\n\nNeither the TSX Venture Exchange nor its regulatory services provider (as\ndefined in the policies of the TSX Venture Exchange) accepts any\nresponsibility for the adequacy or accuracy of this press release.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/316485"},"type":"article","timestamp":"2026-09-29T11:00:16.397719453Z","server_sent_at_ms":1790679616397},"received_at":"2026-09-29T11:00:16.448Z","source_url":"https://www.newsfilecorp.com/release/316485"},"analysis":{"id":"143830","press_release_id":"155088","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["some margin holes returned no significant results, intersecting barren paragneiss","interval lengths may not represent true thicknesses"],"eventType":"operations_update","narrative":"Sirios completed Phase 1 drilling at its Cheechoo gold project on September 28, with 45 holes and 23,037.5 m drilled, and reported assays from 15 holes totalling 6,850 m.\n\nHeadline intercepts include 39.94 g/t Au over 6.5 m (including 129.00 g/t over 2.0 m) and 9.07 g/t Au over 12.5 m, with visible gold observed in 68 intervals across 18 holes.\n\nPhase 2, approximately 12,000 m completing the 35,000 m campaign, begins in January 2027, and an updated resource estimate is expected to start within weeks.\n\nThe Cheechoo deposit currently holds 1,262 koz indicated (1.12 g/t) and 1,688 koz inferred (1.23 g/t) resources roughly 15 km from the Éléonore mine.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Bonanza-grade hits near deposit margins de-risk resource expansion ahead of updated estimate and Phase 2 drilling."},"keyFigures":{"customDimensions":{"phase1_holes":45,"best_interval":"39.94 g/t Au over 6.5 m (incl. 129.00 g/t Au over 2.0 m)","exploration_target":"31-40 Mt at 1.27-1.45 g/t Au","inferred_resources":"42.7 Mt at 1.23 g/t (1,688 koz)","visible_gold_holes":18,"indicated_resources":"35 Mt at 1.12 g/t (1,262 koz)","campaign_total_meters":35000,"phase2_planned_meters":12000,"visible_gold_intervals":68}},"quotedText":"The results received to date are encouraging","namedEntities":{"people":[{"name":"Dominique Doucet","role":"Head of Exploration"},{"name":"Jean-Félix Lepage","role":"CEO"}],"products":["Cheechoo gold project","ECORE LIBS","PhotonAssay™"],"companies":[{"name":"Sirios Resources Inc.","ticker":"SOI","relationship":"filer"},{"name":"Élémission","relationship":"technology vendor"},{"name":"MSALABS","relationship":"assay laboratory"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"High-grade drill intercepts (39.94 g/t Au over 6.5 m) with visible gold in 68 intervals confirm expansion potential at the company's sole asset; Phase 1 of a 35,000 m campaign completed on schedule. Material for a junior explorer, but no economic or resource update yet."},"tickerRelevance":{"others":[{"ticker":"SIREF","relevance":"OTCQB listing of same issuer"},{"ticker":"377A","relevance":"Frankfurt listing of same issuer"}],"primary":"SOI"},"globalImportance":22,"audienceRelevance":18,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap TSXV explorer","eventGravity":"encouraging drill results, no resource update yet","sectorWeight":"gold exploration","issuerAuthored":true}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Sirios completed Phase 1 drilling at its Cheechoo gold project on September 28, with 45 holes and 23,037.5 m drilled, and reported assays from 15 holes totalling 6,850 m.\n\nHeadline intercepts include 39.94 g/t Au over 6.5 m (including 129.00 g/t over 2.0 m) and 9.07 g/t Au over 12.5 m, with visible gold observed in 68 intervals across 18 holes.\n\nPhase 2, approximately 12,000 m completing the 35,000 m campaign, begins in January 2027, and an updated resource estimate is expected to start within weeks.\n\nThe Cheechoo deposit currently holds 1,262 koz indicated (1.12 g/t) and 1,688 koz inferred (1.23 g/t) resources roughly 15 km from the Éléonore mine.","key_figures":{"customDimensions":{"phase1_holes":45,"best_interval":"39.94 g/t Au over 6.5 m (incl. 129.00 g/t Au over 2.0 m)","exploration_target":"31-40 Mt at 1.27-1.45 g/t Au","inferred_resources":"42.7 Mt at 1.23 g/t (1,688 koz)","visible_gold_holes":18,"indicated_resources":"35 Mt at 1.12 g/t (1,262 koz)","campaign_total_meters":35000,"phase2_planned_meters":12000,"visible_gold_intervals":68}},"named_entities":{"people":[{"name":"Dominique Doucet","role":"Head of Exploration"},{"name":"Jean-Félix Lepage","role":"CEO"}],"products":["Cheechoo gold project","ECORE LIBS","PhotonAssay™"],"companies":[{"name":"Sirios Resources Inc.","ticker":"SOI","relationship":"filer"},{"name":"Élémission","relationship":"technology vendor"},{"name":"MSALABS","relationship":"assay laboratory"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-29T11:00:30.264Z","global_importance":22,"audience_relevance":18,"importance_components":{"tickerTier":"small-cap TSXV explorer","eventGravity":"encouraging drill results, no resource update yet","sectorWeight":"gold exploration","issuerAuthored":true}},"durationMs":6671,"modelName":"glm-5.3-flashx"}}