Business
Genius Metals Acquires a 100% interest in the Paka property located in James Bay, Québec
Genius Metals Acquires a 100% interest in the Paka property located in James Bay, Québec ...
About this update from Morocco Strategic Minerals Corporation
[{"type":"text","content":"\n \n \n \n Genius Metals Acquires a 100% interest in the Paka property located in James Bay, Québec\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 June 29, 2023\n \n \n /CNW/ - Genius Metals Inc. (TSXV: GENI) (\"Genius Metals\" or the \"Company\") is pleased to announce that it has completed on\n \n June 27\n \n \n th\n \n , 2023 the acquisition of 100% interest in the Paka property located approximately 8 kilometers SE of the Corvette property owned by Patriot Battery Metals (TSX:PMET). The property is made of 189 contiguous claims covering more than 97 km\n \n 2\n \n (\n \n figure 1\n \n ).\n \n \n \n \n \n \n \n \n \n \n The Paka Property\n \n \n \n The Paka lithium property is located 15km south of the Trans-Taiga government road in the highly prospective Archean La Grande greenstone belt where recent discoveries of lithium mineralization (i.e., Cancet, Corvette, Adina,\n \n James Bay\n \n and Wabouchi) attest to the high lithium potential of the region. The Paka property is surrounded by numerous biotite-muscovite granitic plutons which are commonly associated with LCT (lithium-cesium-tantalum) granitic pegmatite dykes. There are major structural breaks on the property and the surrounding areas which constitute pathways for the intrusion of late-stage granites and granitic pegmatites with high lithium potential. The database from the Ministère des Ressources Naturelles du Québec has identified several granitic outcrops, often pegmatitic on the Paka property and the surrounding areas. Those outcrops will be investigated by the company as priority targets for their potential lithium content. The property has received limited exploration - only two assayed samples were reported on the property. The Company intends to conduct a property-wide prospecting campaign to identify and sample lithium-bearing pegmatites when the restrictions related to forest fires are lifted.\n \n \n \n *Genius Metals cautions that mineralization hosted on adjacent or nearby properties is not necessarily ...