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 .

Genius Metals Inc. Logo (CNW Group/Genius Metals Inc.)

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)
David Erfle, gold bars.

David Erfle: Silver Staging "Powerful" Breakout; Plus Gold Stocks and Copper Squeeze

David Erfle, editor and founder of Junior Miner Junky, shares his short-term outlook for gold, saying it could see a healthy test of US$3,200 per ounce — or even US$2,950 to US$3,000.

Erfle also shares his thoughts on what's coming for silver and copper prices.

Keep reading...Show less
Auric Mining (ASX:AWJ)

Munda Gold Mine - Purchase of Mine Camp, Nickel Rights and Water Assets from WIN Metals

Auric Mining Limited (ASX: AWJ) (Auric or the Company) together with WIN Metals Ltd (ASX: WIN) (WIN Metals or WIN) are pleased to announce that the two parties have successfully agreed to the purchase of a package of WIN assets including all nickel and associated minerals rights, water access rights and a fully equipped mining camp all relating to Auric’s Munda Gold Mine.

Keep reading...Show less
Equity Metals

Equity Metals

Keep reading...Show less
Two people shaking hands in office with city skyline view.

Zijin Mining to Acquire Major Kazakh Gold Mine for US$1.2 Billion

China’s Zijin Mining Group (OTC Pink:ZIJMF,HKEX:2899,SHA:601899), the country’s largest producer of gold and copper, has agreed to acquire Kazakhstan’s Raygorodok gold mine for US$1.2 billion.

The deal, announced on Monday (June 30) through a filing to the Hong Kong Stock Exchange, furthers the company’s ambition of becoming one of the world’s top three gold producers by 2028.

Raygorodok is reportedly among the largest and most technologically advanced gold projects in Central Asia. It produced 6 metric tons of gold in 2024 at a production cost of US$796 per ounce, excluding non-cash items.

Keep reading...Show less

Latest Press Releases

Related News

×