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Genius Metals Acquires 189 Additional Claims at Sakami and Provides an Update on the Ongoing Drilling Program
Genius Metals Acquires 189 Additional Claims at Sakami and Provides an Update on the Ongo...
About this update from Morocco Strategic Minerals Corporation
[{"type":"text","content":"\n \n \n \n Genius Metals Acquires 189 Additional Claims at Sakami and Provides an Update on the Ongoing Drilling Program\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 \n MONTREAL\n \n \n ,\n \n \n July 22, 2021\n \n \n /CNW Telbec/ -\n \n Genius Metals Inc.\n \n (CSE: GENI) (\"\n \n Genius\" or the\n \n \"\n \n Company\"\n \n ) is pleased to announce the acquisition of\n \n 189 additional claims\n \n to its 100%-owned Sakami property located in the James Bay Territory (\n \n Quebec\n \n ), bringing the total land package to 588 claims covering 30,200 hectares (302 km\n \n 2\n \n ) (\n \n Figure 1\n \n ). This acquisition was undertaken as a result of the gold assay results obtained on the Trans Taiga showing (1.56-2.53 g/t;\n \n Genius Metals PR\n \n \n \n \n December 2nd, 2020\n \n \n \n ) occurring within the Langelier gneissic basement complex.  Recent investigation by Genius Metals and Harfang Exploration in the Langelier Complex revealed the gold potential of this unexplored terrain of the\n \n James Bay\n \n area.\n \n \n \n \n \n \n \n \n \n Click here to view the\n \n map\n \n \n \n The Company has completed the first four holes of its ongoing (\n \n 2,000m\n \n -\n \n 3,000m\n \n ) drilling program largely targeting previous gold and base metal showings associated with magnetic and chargeability anomalies. Initial visual examination of the core reveals base metal intersections and quartz-tourmaline-pyrite veins, the latter being associated with gold mineralization in this geological environment. These four drill-holes are the first-ever to be drilled on the property which extends from the LaGrande Sud mineralized zone (300,000 Oz Au, Non-NI43-101 compliant) owned by Osisko Development Corp. and the Quebec Precious Metals LaPointe gold prospect (more than\n \n 42,000m\n \n of drilling since 2001).\n \n \n \n Cautionary statements:\n \n \n The mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.\n \n \n The technical con...