Sirios Resources Inc. announced the assay results from the entire drill hole #1 on the CHEECHOO gold project. The assays show, from the beginning of the hole, a continuous section of 45.8 metres yielding 0.50 g/t in gold including a section of 24 metres at 0.70 g/t. The drill hole yielded an average gold grade of 0.214 g/t over its entire length of 191.4 metres. These results confirm the presence of large gold zones similar to those observed 266 metres further in hole #2, as announced on December 20, 2012.

Individual core sample grades reach up to 2.22 g/t Au, with sample lengths varying between 0.45 and 1.6 metres. Of all the core samples, five graded more than 1 g/t: 1.03 g/t Au over 1.1 m; 1.73 g/t Au over 1 m; 1.80 g/t Au over 1.2 m; 1.53 g/t Au over 1 m, and 2.22 g/t Au over 1 m. The gold zone has a minimal width of 45.8 metres as the drilling started directly in the mineralized zone. Results from hole #1 and #2 show a fine and weak dissemination of arsenopyrite and pyrrhotite over large widths in a silicified tonalite (granitic intrusive rock).

Numerous small quartz veinlets occur in the tonalite. Both drill holes contain gold bearing pegmatites. These results preliminarily suggest a significant size and continuity of the mineralized system.

The completed drilling program on the Cheechoo project is located at less than 15 km from the future Eleonore gold mine currently under construction by a subsidiary of producer Goldcorp. As announced last summer, Sirios has signed an agreement with Golden Valley Mines Ltd. for the Sharks and Cheechoo gold properties allowing Sirios to increase its current interest in the project from 40% to 100% following the completion of certain obligations and compensation.