uranium

Genius Metals Announces Filing of NI 43-101 Compliant Technical Report Update on its Sakami Property

CSE:GENI

Genius Metals Inc. (CSE: GENI) ("Genius Metals" or the "Corporation") is pleased to announce that it has filed on SEDAR a National Instrument 43-101 ("NI 43-101") compliant technical report update on its Sakami Property located in the James Bay Territory, Quebec .

Filing of a NI 43-101 Compliant Technical Report Update on Sakami

The technical report entitled "The Sakami Property, La Grande Subprovince, James Bay Territory, Quebec , NTS 33F07, 08, 09, 10" was filed on June 15, 2021 with an effective date of May 31st, 2021 was prepared in accordance with National Instrument 43-101 - "Standards of Disclosure for Mineral projects" and can be found under the profile of the Corporation on www.SEDAR.com . The report filed on June 15, 2021 is an update of the technical report entitled "The Sakami Property, La Grande Subprovince, James Bay Territory, Quebec , NTS 33F07, 08, 09, 10" dated September 10, 2018 . The report summarizes the geological setting, mineralization and exploration activities carried out by previous owners of the property, as well as the exploration activities carried out by Genius Metals in recent years.

The NI 43-101 compliant report was co-authored by Michel Boily , Ph.D., P. Geo of Genius Metals Inc., Hugues Guérin- Tremblay , P. Geo of Laurentia Exploration and Merouane Rachidi Ph.D., P.Geo of GoldMinds Geoservices. Mr. Merouane Rachidi , Ph.D., P. Geo, an independent qualified person in accordance with NI 43-101 has taken charge of the technical report.

Qualified Person

The technical information contained in this news release was reviewed and approved by Michel Boily , Ph.D., P. Geo, qualified person under NI 43-101.

About Genius Metals

Genius Metals is a Canadian mineral exploration company focused on the acquisition, exploration and, if warranted, development of natural resource properties of merit in Canada .

The CSE has in no way passed upon the merits of the transactions and has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements and Disclaimer

Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be", "expected" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements, including the expectations of the Corporation's management regarding the use of proceeds of the Private Placement, are based on the Corporation's estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Corporation will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE Genius Metals Inc.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/June2021/17/c2279.html

News Provided by Canada Newswire via QuoteMedia

The Conversation (0)
Tavi Costa: Gold's Next Catalyst, Silver's Path to US$50, Copper Opportunity

Tavi Costa: Gold's Next Catalyst, Silver's Path to US$50, Copper Opportunity

Tavi Costa, macro strategist at Crescat Capital, shares his thoughts on gold, including what could unleash the yellow metal's next move higher.

He sees a "major collapse" in the US dollar, saying a break in a key support line could boost gold.

Keep reading...Show less
Earthwise Minerals Completes Phase 1 Field Program at Iron Range Gold Project, BC

Earthwise Minerals Completes Phase 1 Field Program at Iron Range Gold Project, BC

Earthwise Minerals Corp. (CSE:WISE)(FSE:966) ("Earthwise" or the "Company") has completed the first part of its two-phase 2025 field program at the Iron Range Gold Project ("the Project") in southeastern British Columbia. The program, led by TerraLogic Exploration Inc., included the collection of 538 soil samples over 13.5 line-km and 15 rock samples, along with structural mapping and prospecting across key target zones. Analytical results are pending and will be released once received, compiled, and interpreted.

Earthwise holds the exclusive option to acquire up to an 80% interest in the Iron Range Gold Project, which is 100% owned by Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL" or "Eagle Plains"), with part of the property subject to an underlying 1.0% Net Smelter Royalty.

Keep reading...Show less
Mount Hope Mining

Drilling Commences at Mt Hope Project

Mount Hope Mining Limited (ASX: “MHM” or the “Company”) is pleased to announce its maiden drill program has commenced at its 100%-owned Mt Hope Project in New South Wales (Figure 1).

Keep reading...Show less
Floating US$100 bills over a blurred American flag background.

Gold Price Rises as Powell Boosts Rate Cut Expectations in Jackson Hole Speech

Citing a shifting economic situation in the US, Federal Reserve Chair Jerome Powell indicated that the central bank is ready to adjust interest rates during his speech at the Jackson Hole Economic Policy Symposium.

Powell indicated that the Fed’s dual mandate goal is essentially in balance, saying the labor market remains close to maximum employment and that inflation has eased from post-pandemic highs, although it remain elevated.

However, the Fed head also noted that “the balance of risks appears to be shifting,” with significant uncertainty in the economy as a result of higher tariffs, tighter immigration and a slowdown in the pace of growth in the labor market.

Keep reading...Show less
Gold bars stacked in front of American flag.

OPINION — Goldenomics 104: Trump’s Tariffs and Gold

This opinion piece was submitted to the Investing News Network (INN) by Darren Brady Nelson, who is an external contributor. INN believes it may be of interest to readers and has copy edited the material to ensure adherence to the company’s style guide; however, INN does not guarantee the accuracy or thoroughness of the information reported by external contributors. The opinions expressed by external contributors do not reflect the opinions of INN and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Keep reading...Show less

Latest Press Releases

Related News

×