STOCK TITAN

Sirios Receives $600,000 to Improve the Access Road to the Cheechoo Gold Project in Eeyou Istchee Baie-James

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Sirios Resources (TSXV: SOI) has received $600,000 in financial assistance from the Government of Québec through the Société du Plan Nord for improving the access road to its Cheechoo gold exploration site in Eeyou Istchee James Bay. The company will match this amount, bringing the total investment to $1.2 million.

The road improvements will enhance safety for heavy vehicles east of the Opinaca Reservoir, benefiting both mining exploration companies and the Wemindji community. The project aims to reduce environmental impacts and lower operating costs, with completion expected by the end of the quarter.

Sirios Resources (TSXV: SOI) ha ottenuto un sostegno finanziario di $600.000 dal Governo del Québec tramite la Société du Plan Nord per migliorare la strada di accesso al sito di esplorazione aurifera Cheechoo nell'area Eeyou Istchee James Bay. La società contribuirà con la stessa cifra, portando il investimento totale a $1,2 milioni.

I lavori di miglioramento della strada aumenteranno la sicurezza dei mezzi pesanti a est del bacino Opinaca, a vantaggio sia delle società di esplorazione mineraria sia della comunità di Wemindji. Il progetto mira a ridurre gli impatti ambientali e ad abbassare i costi operativi; il completamento è previsto entro la fine del trimestre.

Sirios Resources (TSXV: SOI) ha recibido $600,000 en ayuda financiera del Gobierno de Québec a través de la Société du Plan Nord para mejorar la vía de acceso a su yacimiento de exploración aurífera Cheechoo en Eeyou Istchee James Bay. La compañía aportará la misma cantidad, elevando la inversión total a $1.2 millones.

Las mejoras en la carretera aumentarán la seguridad para vehículos pesados al este del embalse Opinaca, beneficiando tanto a las compañías de exploración minera como a la comunidad de Wemindji. El proyecto busca reducir los impactos ambientales y disminuir los costes operativos; se espera que finalice antes de que termine el trimestre.

Sirios Resources (TSXV: SOI)는 Société du Plan Nord를 통해 퀘벡 주 정부로부터 체추(치) Cheechoo 금 탐사 지역(이유 이스트치 Eeyou Istchee James Bay)으로 가는 접근 도로 개선을 위해 $600,000의 재정 지원을 받았습니다. 회사는 같은 금액을 추가로 부담하여 총 투자액을 $1.2백만으로 맞출 예정입니다.

도로 개선은 Opinaca 저수지 동쪽의 중장비 운행 안전성을 높여 광업 탐사 회사들과 Wemindji 커뮤니티 모두에 혜택을 주게 됩니다. 이 프로젝트는 환경 영향을 줄이고 운영 비용을 낮추는 것을 목표로 하며, 분기 내 완료될 예정입니다.

Sirios Resources (TSXV: SOI) a reçu une aide financière de 600 000 $ du gouvernement du Québec via la Société du Plan Nord pour améliorer la route d'accès à son site d'exploration aurifère Cheechoo à Eeyou Istchee James Bay. La société versera une contribution équivalente, portant l'investissement total à 1,2 million $.

Les travaux routiers amélioreront la sécurité des véhicules lourds à l'est du réservoir Opinaca, au bénéfice tant des sociétés d'exploration minière que de la communauté de Wemindji. Le projet vise à réduire les impacts environnementaux et à diminuer les coûts d'exploitation ; l'achèvement est prévu d'ici la fin du trimestre.

Sirios Resources (TSXV: SOI) hat vom Gouvernement von Québec über die Société du Plan Nord eine finanzielle Unterstützung in Höhe von $600.000 erhalten, um die Zufahrtsstraße zu seinem Goldexplorationsprojekt Cheechoo in Eeyou Istchee James Bay zu verbessern. Das Unternehmen steuert denselben Betrag bei, wodurch die Gesamtinvestition auf $1,2 Millionen steigt.

Die Straßenverbesserungen erhöhen die Sicherheit für Schwerfahrzeuge östlich des Opinaca-Stausees und kommen sowohl Explorationsunternehmen als auch der Gemeinde Wemindji zugute. Das Projekt zielt darauf ab, die Umweltauswirkungen zu verringern und die Betriebskosten zu senken; die Fertigstellung wird bis zum Ende des Quartals erwartet.

Positive
  • Received $600,000 government grant for infrastructure improvement
  • Total project investment of $1.2 million with matching company funds
  • Expected reduction in operating costs
  • Recent significant growth in gold resources noted
Negative
  • None.

Montreal, Quebec--(Newsfile Corp. - September 9, 2025) - SIRIOS RESOURCES INC. (TSXV: SOI) (the "Corporation") announces that the Government of Québec, through the Société du Plan Nord, has granted financial assistance of $600,000 to Sirios for the improvement of the access road to the Cheechoo gold exploration site in Eeyou Istchee James Bay. This announcement was made last Friday by the Minister of Natural Resources and Forests and Minister responsible for the Société du Plan Nord. Sirios Resources will contribute an equivalent amount of $600,000, bringing the total investment in the project to $1.2 million.

The road improvements will ensure safer circulation of heavy vehicles east of the Opinaca Reservoir, benefiting not only mining exploration companies, but also members of the Wemindji community who travel in this area. These works will allow Sirios to significantly reduce the environmental impacts of its activities while lowering its operating costs. The work will be completed by the end of the quarter.

"The improvement of the access road represents a major asset for the Cheechoo project. With the recent significant growth of its gold resources, all the conditions are now in place to make it a promising project for the region. On behalf of Sirios Resources Inc., I thank the Government of Québec for this crucial support, which will allow us to advance Cheechoo toward responsible mining development, respectful of the Wemindji community and the environment," stated the President of Sirios.

About Sirios
Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) is a Québec-based mineral exploration company focused on developing its portfolio of high-potential gold properties in the Eeyou Istchee James Bay region of Canada.

About the Société du Plan Nord
The mission of the Société du Plan Nord is to contribute to the integrated and cohesive development of Québec's northern territory, with a focus on sustainable development. The Société du Plan Nord is the key player in the rollout of the Government of Québec's Northern Action Plan 2023-2028.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:
Dominique Doucet, Eng., CEO, President
Phone: 450-482-0603
info@sirios.com
Website: www.sirios.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265608

FAQ

What financial assistance did Sirios Resources (SIREF) receive for the Cheechoo gold project?

Sirios Resources received $600,000 from the Government of Québec through the Société du Plan Nord, with the company matching this amount for a total investment of $1.2 million.

How will the road improvement project benefit Sirios Resources' Cheechoo project?

The road improvements will enhance safety for heavy vehicles, reduce environmental impacts, and lower operating costs for the company's operations at the Cheechoo gold exploration site.

When will Sirios Resources complete the Cheechoo access road improvements?

The road improvement work is expected to be completed by the end of the quarter.

Who will benefit from the Sirios Resources' road improvement project in Eeyou Istchee James Bay?

The road improvements will benefit mining exploration companies and members of the Wemindji community who travel in the area east of the Opinaca Reservoir.
Sirios Resources

OTC:SIREF

SIREF Rankings

SIREF Latest News

SIREF Stock Data

19.73M
348.06M
9.76%
2.11%
Gold
Basic Materials
Link
Canada
Montreal