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Clarity Metals Initiates Exploration Work on Genius' Optioned Lithium381 Property with an IP/Resistivity Survey
Clarity Metals Initiates Exploration Work on Genius' Optioned Lithium381 Property with an IP/Resi...
About this update from Morocco Strategic Minerals Corporation
[{"type":"text","content":"\n \n \n \n Clarity Metals Initiates Exploration Work on Genius' Optioned Lithium381 Property with an IP/Resistivity Survey\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n MONTRÉAL\n \n ,\n \n \n Dec. 20, 2022\n \n \n /CNW Telbec/ - Genius Metals Inc. (TSXV: GENI) (\"Genius Metals\" or the \"Corporation\") is pleased to announce that Clarity Metals Corp. (formerly Clarity Gold Corp.) has initiated exploration work by launching an IP/Resistivity survey on the Lithium381 property. Genius signed an option agreement with Clarity Metals Corp. (CSE: CMET, OTC: CLGCF, FSE: 27G) on\n \n December 6, 2022\n \n which enables CMET to acquire a 50% interest in the Corporation's Lithium381 property, located in the James Bay-Eeyou Istchee region of the Province of\n \n Quebec\n \n . In order to acquire a 50% interest in the property, Clarity must spend\n \n $750,000\n \n in exploration work before\n \n December 31, 2024\n \n and issue 720,000 common shares of its capital to Genius Metals. The Property is contiguous to Allkem Limited's (TSX: AKE) James Bay Lithium property which comprises the Allkem lithium deposit (40.8 Mt @1.40% Li\n \n 2\n \n O as Indicated Resource) formerly known as the Cyr deposit (\n \n Figure 1\n \n ).\n \n \n \n \n \n \n \n \n \n Click on the following link\n \n to view Figure 1.\n \n \n Location of Lithium381 Project showing nearby properties and total pit outline on Allkem's James Bay Lithium Project from the Allkem Feasibility Study.\n \n \n \n \n IP/Resistivity Survey\n \n \n \n Clarity Metals Corp. is currently conducting an IP/resistivity survey on the entire Lithium381 property. The survey is performed by TMC Géophysique and is expected to be completed in December. The grid line spacing was set at\n \n 100m\n \n , with the survey defined in a dipole-dipole configuration and\n \n 25 m\n \n measurements (n=10). Previous surveys conducted by Lithium One in 2008 (predecessor to Galaxy Lithium) and Allkem (2021) have shown high resistive values which in part correspond to spodumene granitic pegm...