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Genius Metals Acquires Substantial Ground at SAKAMI Prior to its Summer 2020 Exploration Campaign
Genius Metals Acquires Substantial Ground at SAKAMI Prior to its Summer 2020 Exploration C...
About this update from Morocco Strategic Minerals Corporation
[{"type":"text","content":"\n\n\n\nGenius Metals Acquires Substantial Ground at SAKAMI Prior to its Summer 2020 Exploration Campaign\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\nCanada NewsWire\nST-SAUVEUR, QC, May 27, 2020\n\n\n\nST-SAUVEUR, QC, May 27, 2020 /CNW/ - Genius Metals Inc. (CSE: GENI) (\"Genius\" or the \"Company\") is pleased to announce the acquisition and addition of 202 new claims to its Sakami property located in the James Bay area (Québec) prior to its summer 2020 exploration campaign. The Company is also pleased to announce that it has entered into an agreement with Laurentia Exploration to become Genius' geological consultant for the development of the Sakami Property. With several Laurentia geologists involved in discoveries and development projects in the James Bay region the consulting firm holds an unparalleled experience in the Sakami area.\n\n \n \n \n \n \n \n\n \nNew Claims Staked\nThe Company recently added 202 new claims to the already owned 162 Sakami claims bringing the total land package to 364 claims covering 18,726 hectares (187.2 km2). A large contingent of claims includes mafic volcanic rocks and are contiguous to its highly prospective northeastern segment of the property straddling the fault bounded La Grande/Opinaca contact. Other claims located to the southwest, were staked to enclose major structures extending from volcanic lithologies to the 2.8-3.4 billion years Langelier tonalitic complex.\nHighlights\nThe structural contact between the Opinaca and La Grande geological sub-provinces in the James Bay area (Québec) is associated with many important gold mineralized zones such as Quebec Precious Metals La Pointe prospect and most notably the Éléonore gold mine operated by Newmont (246k Oz Au produced in 2019 and 1.3m Oz Au reserves as of Dec. 31st, 2019) (Source: Newmont Corp. Annual Report on Form 10-K, February 21, 2020). Northeast of the Property, O3 Mining's La Grande Sud Property hosts substantial gold mineralization within Zone 32 (310,000 Oz Au; non NI43-101 compliant). To the southeast, Quebec...