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Sirios Resources

Gold developer, with a project stated to be in James Bay territory of Quebec.

Quebec · Canada — as stated on the recordings

developer gold Quebec, Canada
Jan 2026 → Jul 2026Covered
7 of 10Topics on record
1Figures tracked over time
2 executivesNamed on the record
Generate Claims & Checks What management and commentators said, and what still needs independent verification 2 interviews with the company · 3 independent recordings
Stage
Developer
Primary commodity
Gold
Jurisdiction
James Bay territory of Quebec
Latest appearance
01 Jul 2026
On record
2 interviews · 23 statements · 2 executives

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

What is in the ground
1.26 million ounces indicated in an open pit scenario
Management-stated Jean Felix Jul 2026
Grade
1.1 g per ton open pit, 3 grams per ton underground
Management-stated Jean Felix Jul 2026
Money on hand
mid-May warrant and options exercise brought in about $3.5 million
Stated capital need: $25 million brokered life offering closed in March
Management-stated Jean Felix Jul 2026
What happens next
25,000 meter expansion program drilling, might grow to 35,000 meters
Management-stated Jean Felix Jul 2026
The main open question
The deposit remains early-stage with no reserve estimate yet, only indicated and inferred categories.
Weighed from the statements below, not our opinion of the company.
Our reading
How outsiders read it
3 independent voices on record — 3 constructive, 2 neutral
Christopher Aaron, Tim Clark, Bryan Atkinson
Outside voices

How the stated figures have moved

The same figure, as management put it on the earliest and the latest recording we hold. A difference may be a genuine update, a different measure of the same thing (total against indicated), or a mis-heard number — both quotes are here, and both recordings are one click away.

Resource size ? New figure The earlier statement put no number on this 2 statements on record
26 Jan 2026
close to three million ounces
“we reach a level which is close to three million ons in the deposit with a great potential for uh increase the size of that deposit”
01 Jul 2026
roughly a 3 million ounce gold deposit
“they published a resource on the project showing roughly a 3 million ounce um gold deposit”

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Sirios Resources's own claims across 2 interviews — most-covered theme first.

What outside voices pick up on

3 independent voices — people who do not speak for the company — across 5 mentions.

3 constructive 2 neutral
  • Christopher Aaron “He says the gold miner doubled after a board/merger development and may still have 5x upside.”
  • Tim Clark “Mentioned as neighbor on the other side of Fury's Eleonore project — purely contextual”

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says the flagship Chichu project in Quebec's James Bay holds roughly 3 million ounces of gold across indicated (open pit) and inferred (higher-grade underground) resources, with a 25,000-meter expansion program under way that…

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Management says the flagship Chichu project in Quebec's James Bay holds roughly 3 million ounces of gold across indicated (open pit) and inferred (higher-grade underground) resources, with a 25,000-meter expansion program under way that may grow to 35,000 meters. An outside investor noted the junior trades at a ~$12M USD market cap with gold valued at ~$6/oz against $3,100+ spot, and flagged 5x upside potential following recent board/merger activity.

▼ Bear case

The deposit remains early-stage with no reserve estimate yet, only indicated and inferred categories.

What it rests on
Evidence: 1 moment from 1 interview
Read the full case

The deposit remains early-stage with no reserve estimate yet, only indicated and inferred categories. A pre-feasibility study is targeted for next year, and a transaction is expected to close in late February 2026 with a summer 2026 drilling campaign still pending — leaving technical and permitting de-risking several years away. Capital needs and dilution from 93.4M warrants and 18.7M options (on 672M shares) are material; the outside view offers no independent validation of the geology, grade, or mine-ability of the resource.

◆ Watch next

Updated mineral resource estimate later in 2025 drilling program, followed by a pre-feasibility study targeting 2026.

What it rests on
Evidence: 2 moments from 2 interviews
Read the full case

Updated mineral resource estimate later in 2025 drilling program, followed by a pre-feasibility study targeting 2026. Transaction expected to close late February 2026, with drilling campaign to commence summer 2026. Market re-rating will depend on drilling results and how they support resource growth and underground economics at the stated 3 g/t grade.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 11 statements

The deposit 6

Key takeaway. Sirios Resources management describes the Cheechoo deposit as a roughly 3 million ounce gold deposit (as of July 2026, and "close to" that figure as of January 2026).

Read the full summary

Within that total, they report 1.26 million ounces indicated in an open pit scenario, plus 1.7 million ounces inferred that includes an underground component of 446,000 ounces. Management puts the grade at 1.1 grams per ton for the open pit and 3 grams per ton for the underground portion.

What was actually said
exploration upside
1.7 million ounces inferred including underground component of 446,000 ounces
“another 1.7 million ounces inferred including a higher grade underground component of about a half a million ounces, specifically 446,000 ounces”
Jean Felix· 01 Jul 2026·
grade
1.1 g per ton open pit, 3 grams per ton underground
“1.1 g per ton and another 1.7 million ounces inferred including a higher grade underground component at um the underground portion was at three grams per ton”
Jean Felix· 01 Jul 2026·
reserve size
1.26 million ounces indicated in an open pit scenario
“1.26 million ounces indicated in an open pit scenario at a gram or 1.1 g per ton”
Jean Felix· 01 Jul 2026·
Show the other 3 statements
resource size
roughly a 3 million ounce gold deposit
“they published a resource on the project showing roughly a 3 million ounce um gold deposit”
Jean Felix· 01 Jul 2026·
deposit type
gold deposit
“the quality of the the gold deposit that we have will direct us toward a future mine”
Jean-Félix Lepage· 26 Jan 2026·
resource size
close to three million ounces
“we reach a level which is close to three million ons in the deposit with a great potential for uh increase the size of that deposit”
Jean-Félix Lepage· 26 Jan 2026·

Jurisdiction 4

Key takeaway. Sirios Resources' management says the company operates in the James Bay territory of Quebec, Canada.

Read the full summary

The same jurisdiction is referenced in statements from both January and July 2026.

What was actually said
country
Canada
“Sirius is listed as soy. So that's SOI on the TSXV in Canada”
Jean Felix· 01 Jul 2026·
region
James Bay territory of Quebec
“flagship asset is a Chichu gold project in EU Eastchi James Bay territory of Quebec”
Jean Felix· 01 Jul 2026·
country
Canada
“a specific area of Quebec province which is the EUI James Bay”
Jean-Félix Lepage· 26 Jan 2026·
Show the other 1 statement
region
Quebec's James Bay
“a specific area of Quebec province which is the EUI James Bay”
Jean-Félix Lepage· 26 Jan 2026·

Technical risk 1

What was actually said
deposit type
reduced intrusion related gold system hosted primarily in a tonalite intrusion
“The deposit is a reduced intrusion related gold system hosted primarily in a tonalite intrusion with mineralization also extending into the surrounding metaedimentary rocks”
Jean Felix· 01 Jul 2026·

Economics 2 statements

Financing 2

Key takeaway. Management reports that the company closed a $25 million brokered life offering in March, and that a mid-May warrant and options exercise brought in about $3.5 million.

What was actually said
capital needed
$25 million brokered life offering closed in March
“The last time Sirius raised money was in March of this year when they closed a $25 million brokered life offering”
Jean Felix· 01 Jul 2026·
financing status
mid-May warrant and options exercise brought in about $3.5 million
“that was followed in midMay by a warrant exercise. Um, it was warrants and options actually that got exercised and that brought in about $3.5 million”
Jean Felix· 01 Jul 2026·

Timeline 4 statements

Timeline 4

Key takeaway. Management says the transaction is expected to close in late February 2026, and a drilling campaign is expected to start in summer 2026.

Read the full summary

According to the company, that 25,000-meter expansion program drilling might grow to 35,000 meters, with an updated mineral resource estimate due later in the program, followed by a PEA hopefully next year.

What was actually said
milestone
25,000 meter expansion program drilling, might grow to 35,000 meters
“Right now they're drilling a 25,000 meter expansion program at Chichu which um might grow to 35,000 mters”
Jean Felix· 01 Jul 2026·
study due
updated mineral resource estimate later in the program then followed by PEA hopefully next year
“they expect to support an updated mineral resource estimate later in the program then followed of course by uh pea hopefully next year or not”
Jean Felix· 01 Jul 2026·
milestone
drilling campaign expected to start in summer 2026
“we are working for the next drilling campaign that we we want to start in the summer”
Jean-Félix Lepage· 26 Jan 2026·
Show the other 1 statement
milestone
transaction expected to close in late February 2026
“we're expect to close the transaction in late of February”
Jean-Félix Lepage· 26 Jan 2026·

Corporate 6 statements

Management 3

Key takeaway. Management highlights its team's deep mining experience: the CEO has worked in the industry for 22 years since age 17, including roles as miller and underground operations manager at Eleonor, three years at O3 Mining developing the Marban…

Read the full summary

project, and the sale of that company to Agnico 18 months ago (as of a July 2026 interview). The company also notes that Dominique is a well-known geologist with exploration and mine development experience, and that Jean Phelix is a mining engineer with a development focus (January 2026). Separately, management points to having won the 2016 discovery of the year award in Quebec province (also stated in January 2026).

What was actually said
track record
22 years in mining since age 17, worked at Eleonor as miller and underground operations manager, 3 years at O3 Mining developing Marban project, sold company to Agnico 18 months ago
“I was just uh 17. So, after getting out of high school and since then so it's been now 20 22 years uh with really direct involvement in in mining”
Jean Felix· 01 Jul 2026·
team experience
Dominique is a well-known geologist with exploration and mine development experience; Jean Phelix is a mining engineer with development focus
“Dominique is a well-known ge geologist with exploration in mind and I'm mining engineer with more development in mind”
Jean-Félix Lepage· 26 Jan 2026·
track record
2016 discovery of the year in Quebec province
“It was the uh uh 2016 discovery of the year in Quebec province”
Jean-Félix Lepage· 26 Jan 2026·

Share structure 3

Key takeaway. In a July 2026 update, management of Sirios Resources reported a share structure comprising a little under 672 million shares outstanding, 93.4 million warrants outstanding, and 18.7 million options outstanding.

What was actually said
options
18.7 million options outstanding
“There are 93.4 million warrants and 18.7 million options outstanding”
Jean Felix· 01 Jul 2026·
shares outstanding
a little under 672 million shares outstanding
“a little under 672 million shares outstanding”
Jean Felix· 01 Jul 2026·
warrants
93.4 million warrants outstanding
“There are 93.4 million warrants and 18.7 million options outstanding”
Jean Felix· 01 Jul 2026·

Outside views 5 mentions

5 mentions by people who do not speak for the company — 3 constructive, 0 cautious, 2 neutral. These are their views, not the company's.

He says the gold miner doubled after a board/merger development and may still have 5x upside.
Natural Resource Stocks· 17 Dec 2025·
US listing mentioned alongside the Canadian symbol; he uses it as a gold-miner example with rerating potential.
Natural Resource Stocks· 17 Dec 2025·
Tim Clark
neutral
Mentioned as neighbor on the other side of Fury's Eleonore project — purely contextual
MiningStockEducation.com· 28 May 2025·
Bryan Atkinson
neutral
Mentioned as neighbor on the other side of Fury's Eleonore project — purely contextual
MiningStockEducation.com· 28 May 2025·
Show the other 1 mention
Canadian junior gold developer with 2M oz deposit in Quebec, market cap ~$12M USD, gold in the ground valued at ~$6/oz vs $3,100+ spot gold; active exploration program ongoing.
Investing News· 06 Apr 2025·

Sources 2 interviews

Every interview 2

DateChannelInterviewStatements
01 Jul 2026 Resource Talks 3M Ounces of Gold in Quebec, But Can the Economics Support a Mine? | Sirios Resources CEO Interview 15
26 Jan 2026 Investing News Sirios Resources: Expanding a Multimillion Ounce Gold Project in Quebec’s James Bay 8

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

chichu gold project 1
corvette south 1
fury gold 1
gold 1
gold royalty corp. 1
ov resources 1
plex 1
sirios resources (otcqb) 1

Questions people ask

What is Sirios Resources's project and where is it?

Sirios Resources is a developer gold company, with a project stated to be in Quebec, Canada. Everything here is drawn from its executives' own interviews.

Which interviews mention Sirios Resources?

We track 2 interviews mentioning Sirios Resources, across 2 channels (Investing News, Resource Talks).

What are investors saying about Sirios Resources?

5 independent voices — people who do not speak for the company — are on record discussing it (3 bullish, 2 neutral). Their reasoning is quoted in the outside-view section above.

What do recent interviews with Sirios Resources cover?

The most-discussed topics on record are the deposit, timeline, jurisdiction, management — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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