SEPTEMBER 26, 2002 – 14:12 EDT

SIRIOS RESOURCES INC.: Terra Nova : First Brazilian Gold
Project With Amazonia

pleased to announce that, Sirios has entered into an agreement
with AMAZONIA MINERA¬AO LTDA, (“Amazonia”), of Brazil, whereby
Sirios can earn a 50% interest in the Terra Nova Project located
in Northern Mato Grosso, Brazil, by investing a total of $1
million USD in exploration expenditures before May 2005. An
additional 20% interest can be earned by funding and completing a
positive feasibility study on the project.

The property, formerly named the “Rio Pombo Property”, covers 156
km2 in Northern Mato Grosso in the vicinity of the town of Terra
Nova. It falls within a region known for highgrade gold veins
hosted by Proterozoic granitoid intrusive complexes, and was
originally identified as a result of an extensive regional
assessment of the Alta Floresta – Peixoto de Azevedo Mineral
Province by Minera Teck Cominco do Brasil S.A. (“Teck Cominco”).
Local garimpeiros have produced gold from steeply dipping, narrow
(0.5 – 5m wide), high grade quartz veins associated with a major
E-W fault zone which runs through the property. Following
geological, geophysical and soil geochemical surveys over a 4km x
1.2km grid covering the main zone, targets have been selected for
drilling to test significant gold anomalies and old workings. No
drilling has yet been done on the property and the anomalies
remain untested.

Amazonia recently signed an agreement with Teck Cominco, under
which it will earn a 100% interest in the Rio Pombo Property by
completing exploration expenditures of USD $1 million by April
30th, 2005. Teck Cominco will retain an NSR and a right to
earn-back a 70% interest in the property by independently
establishing a resource of at least one million of ounces of gold
or equivalent, and by funding a feasibility study. A third party
also holds a residual interest in the property (15% Net Profits
Interest, capped at CAD $100,000). Sirios has agreed to be bound
by the terms of this underlying agreement as a result of their
agreement with Amazonia.

Amazonia is currently evaluating several other high grade gold
properties in the district surrounding Terra Nova, and any of
these properties acquired by Amazonia will be included as part of
the Terra Nova Project and will be covered by the terms of the
current agreement between Sirios and Amazonia.

Following a recent visit to the Terra Nova Property as part of the
due diligence process, Dominique Doucet, P.Eng., President and CEO
of Sirios stated: “I am very impressed by the gold potential of
the area, the quality of the data on the property, and the
operating ability demonstrated by Amazonia. The infrastructure and
operating environment in the Terra Nova area are excellent for
both exploration and mine development.”

A private subsidiary (Terra Nova Mineracao Ltda.) owned by Sirios
(70%) and Amazonia (30%) is being registered as the operating
company for the project, with Amazonia as operator in Brazil.

Sirios and Amazonia (new web site: )
announced a strategic alliance on June 14th 2002 to explore for
and develop small to medium size high grade gold deposits with
near term production potential in Brazil. Amazonia is a privately
owned brazilian company formed by the principals of Arantes and
Associates Ltda. of Brazil and Mason Exploration Associates Ltd.
of Canada. It constitutes a group of experienced exploration and
mining professionals supported by an extensive network of
associates and contacts in Brazil and Canada with substantial
operating experience. Amazonia is currently a partner in
developing the Sertao gold deposit in Goias, Brazil, with Troy
Resources of Australia.


For more information:
Dominique Doucet, CEO
Phone: 514-510-7961

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