Dios Exploration Inc. (DOS.V) reported preliminary results from channel diamond saw sampling from 2012 fall trenching on the AU33 WEST property in the James Bay area of Quebec, optioned to Osisko Mining Corporation in 2011.
Ten trenches were dug to test geochemical soil anomalies or to extend previous known showings.
Best results were returned in T7 trench on the Heberto showing that assays 5.0 g/t gold over 5.25 m and 1.12 g/t gold over 4.5 m over a sheared tonalite (a kind of granite).
During the 2012 summer, Osisko discovered five new gold showings in a felsic (tonalite-granodiorite) intrusive complex that assays between 1.77 and 17.3 g/t gold in grab-samples.
DOS shares gained a penny to $0.18.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.