# Sirios Announces Its Fully Funded 2026 Exploration Program Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/sirios-announces-its-fully-funded-2026-exploration-program--93b1c8e5-5ac5-4154-822e-e72f87ead640 Original source: https://money.tmx.com/en/quote/SOI/news/8082400058210294/sirios-announces-its-fully-funded-2026-exploration-program Publisher: tmx Original announcement: 2026-04-01T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Sirios Resources Inc. - Ticker: SOI - Exchange: TSX - Region: Quebec - Primary commodity: Gold - Secondary commodities: Silver, Lead, Zinc, Copper - Document categories: Resource update, Drill results, Other - Extracted: 2026-09-16 22:45:57 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Sirios Resources has announced a fully funded 2026 exploration program featuring 35,000 m of drilling at the Cheechoo Gold Project. The program aims to update the resource estimate and pave the way for a Preliminary Economic Assessment \(PEA\) in early 2027. Reasoning: The company has announced a comprehensive and fully funded 2026 exploration program, specifically targeting resource expansion at Cheechoo to support a future PEA. - Positive factor: Fully funded exploration program - Positive factor: Extensive drilling planned at Cheechoo - Positive factor: Clear path to PEA in 2027 Facts used in scoring: 4 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release includes QP sign-off by Dominique Doucet, P. Eng. Evidence · text > The scientific and technical information in this press release has been reviewed and approved by Dominique Doucet, P. Eng., a Qualified Person under National Instrument 43-101. **Inferred Resource** Polarity: negative Story-specific tag Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: Cheechoo project contains a significant inferred resource component. Evidence · text > 42.7 Mt of Inferred resources at 1.23 g/t **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The source explicitly discloses a revised resource estimate Evidence · text > Updated Mineral Resource Estimate ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/sirios-announces-its-fully-funded-2026-exploration-program--93b1c8e5-5ac5-4154-822e-e72f87ead640#fact-drill-facts-0) Cheechoo · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Cheechoo - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: SOI #### Geometry - Intercept: 25000 m #### Classification - Program: resource - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-04-01T00:00:00.000Z Reasoning: Planned 25,000m phase to update resource estimate. - Positive factor: Large scale drilling program Evidence · text > An initial expansion drilling phase of approximately 25,000 m will begin in the second quarter of 2026, with the objective of updating the resource estimate. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "About the Cheechoo Gold Project Cheechoo is located approximately 15 km from the Éléonore mine and near infrastructure i" ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/sirios-announces-its-fully-funded-2026-exploration-program--93b1c8e5-5ac5-4154-822e-e72f87ead640#fact-resource-facts-2) Cheechoo Gold Project · gold #### Identity - Project: Cheechoo Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: SOI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:c64fd02a3e6f3ff09a10 #### Resource Data - Category: indicated - Tonnes: 35000000 - Grade: 1.12 - Grade Unit: g/t - Contained Metal: 1262 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-01T00:00:00.000Z Reasoning: Current indicated resource at Cheechoo. - Positive factor: Significant indicated resource Evidence · text > 35 Mt Indicated resources at 1.12 g/t representing 1,262 koz #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/sirios-announces-its-fully-funded-2026-exploration-program--93b1c8e5-5ac5-4154-822e-e72f87ead640#fact-resource-facts-3) Cheechoo Gold Project · gold #### Identity - Project: Cheechoo Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: SOI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:8ae84f398391194710c1 #### Resource Data - Category: inferred - Tonnes: 42700000 - Grade: 1.23 - Grade Unit: g/t - Contained Metal: 1688 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-01T00:00:00.000Z Reasoning: Current inferred resource at Cheechoo. - Positive factor: Large inferred resource base Evidence · text > 42.7 Mt of Inferred resources at 1.23 g/t, representing 1,688 koz #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.