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Genius Metals
Precious and Base Metal Projects inQuebec, Nova Scotia and New-Brunswick.
Overview
Quebec hosts one of the most diverse precious base metal mining profiles in Canada. The province stands as the country’s second-biggest producer of gold, the largest producer of iron and one of the rare producers of niobium, titanium, dioxide, cobalt and platinum in the world.
With such a robust mineralization profile, it comes as no surprise that Quebec’s current mining output makes up one-fifth of the national total. Investors looking to get into the mining space stand to gain significant mining and economic upside potential in this jurisdiction of mineral discovery and mining investment opportunities.
Genius Metals Inc. (CSE:GENI) is a young mineral exploration company focused on acquiring, exploring and developing precious and base metal resource properties in Quebec, Nova Scotia and New-Brunswick. Its robust portfolio contains several strategically positioned early-stage mining projects, including its flagship Sakami gold project in Quebec, the Meaghers gold property in Nova Scotia and the A-Lake Cu-Sn-Zn property in New-Brunswick. The company has recently produced an updated NI 43-101 technical report on the Sakami property and will migrate its shares from the CSE to the TSX.V at some point during summer of 2021.
Genius Metals’ extensive portfolio of Quebec properties consists of the flagship Sakami gold property, Iserhoff Gold, Dissimieux phosphate and the KM 381 Lithium Project. These properties leverage mining-friendly conditions of a prolific mining jurisdiction and present the company with highly prospective discovery potential.
The Sakami Property (100% owned by Genius) is composed of a set of claims which straddles the structural contact between the Opinaca and La Grande geological sub-provinces in the James Bay area (Quebec). This contact is associated with many important gold mineralized zones such as Quebec Precious Metals’ La Pointe prospect and most notably the Eleonore gold mine operated by Newmont. Its close proximity to Newmont’s Eleonore gold mine and extensive drilling histories in the surrounding area suggests Sakami could see similar high-yield and high-quality gold mineralization as its geographic neighbors.
Genius Metals has an early-mover advantage as the 100 percent owned Sakami gold asset remains underexplored with no historical drill holes.
Immediately northeast of the Property, O3 Mining’s La Grande Sud Property hosts substantial gold mineralization within Zone 32 (310,000 Oz Au). To the southeast, Quebec Precious Metals has recently completed a 25,000m drilling program and will follow-up with 15,000m this year with an expected resource calculation to come out in a near future.
In April 2021, Genius Metals announced a non-brokered private placement offering for gross proceeds of CAD$1.5 million. Common share units stand at CAD$0.20 per unit and flow-through share units at CAD$0.30 per unit. The company intends to put private placement proceeds towards developing the Sakami property.
Genius Metals has a tight capital structure with 29,098,953 shares outstanding and a proven ability to raise capital with over CAD$150 million collectively raised by its management team in
the last 20 years. The company also presents investors with exceptional entry-level investment opportunities as an emerging company operating in districts occupied by mining heavyweights with comparatively much higher market capitalizations.
Genius Metals is dedicated to mining best practices and applying high environmental and safety standards to all its activities. Likewise, it emphasizes respecting and contributing to communities in which it operates to uphold high standards in corporate governance and professional performance.
The company’s management team comprises mining experts prepared to advance Genius’ shareholder value and project development across its robust asset portfolio. Guy Goulet, Genius Metals president & CEO, was co-credited for the restart of the Wrightbar gold mine in Val d’Or, Quebec and he founded Aya Gold & Silver Inc. (TSX:AYA) in 2008, later co-credited for the restart of the historic Zgounder silver mine in Morocco. He is also credited with founding H2O Innovation, the largest publicly traded water-treatment company in Canada (TSV.V: HEO). This world-class leadership poses exceptional growth potential and economic success for the company.
Genius Metals’ Company Highlights
- Genius Metals Inc. is an emerging mineral exploration company aimed to make the most shareholder value through the discovery, exploration and development of gold and base metals properties that will be economically viable.
- The company has a robust portfolio of precious and base metal assets in the prolific mining districts across Canada, including Quebec, Nova Scotia and New Brunswick. The Sakami gold property is Genius Metals’ flagship project.
- The 100 percent owned Sakami project is located in James Bay Territory, an emerging and underexplored gold camp in the mining-friendly jurisdiction Quebec. Close proximity to major established mines and successful exploration companies suggests high-yield potential and significant gold mineralization.
- Genius Metals operates a tight capital structure and strong shareholder portfolio with under 30 million shares outstanding held largely by close individuals to the company.
- The company’s market capitalization is comparatively much lower than neighboring mining operators and explorers, which presents investors a compelling entry-level investment opportunity in the development of its highly prospective projects.
- Genius Metals’ strong leadership and geological team consist of industry experts with extensive mining, finance and project development experience. Big names like Genius Metals president & CEO Guy Goulet and his team prime the company for exceptional growth and economic prosperity.
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