Genius Metals Launches an Exploration Campaign on its Sakami and Paka Lithium Properties in the James Bay Territory of Quebec
TSX-V:GENI
Genius Metals Launches an Exploration Campaign on its Sakami and Paka
Lithium Properties in the James Bay Territory of Quebec
MONTRÉAL, QUÉBEC, CANADA — (October 5th, 2023) - Genius Metals Inc. (TSX.V: GENI) (“Genius Metals”
or the “Company”) is pleased to announce the mobilization of a crew of four geologists, four technicians
and an helicopter pilot to conduct a heliborne exploration program centered on finding Li mineralization
on the Sakami and Paka properties located in James-Bay Territory of northern Quebec. The campaign is
the first ever to focus on the lithium potential of both properties and is expected to last several weeks.
Sakami Property Exploration
Field exploration on the Sakami property will target 150km 2 of greenstone belt (Yasinski Formation)
forming part of the La Grande sub -province in structural contact with the metasedimentary basin of the
Opinaca sub -province. Initially investigated for its gold mineralization, the Yasinski metavolcanic and
metasedimentary rocks constitute a prime target for Li-bearing pegmatite dykes in the James Bay area as
witnessed by the recent discoveries o n the Serpent-Radisson property, the Adina property and the CV5
pegmatite cluster. The exploration will make use of a recen t till survey revealing significant Li anomalies
in the northeastern part of the Yasinski belt (June 14, 2023 press release) (Figure 1) and of a current LiDAR
survey flown over the Genius Metals claims. The Sakami campaign will involve systematic prospection and
rock sampling on specific areas of the property.
Figure 1: Significant lithium till anomalies identified from the results of a property scale geochemical survey
completed in 2022.
Paka Property Exploration
The Paka lithium property is also located in the highly prospective Archean La Grande greenstone belt .
The claims are located < 10 km from the Corvette lithium project owned by Patriot Battery Metals (TSX.V:
PMET) (Figure 2). The Paka property is surrounded by numerous biotite-muscovite granitic plutons which
are commonly associated with LCT granitic pegmatite dykes. Several bodies and dykes of granitic
composition were identified by the MRNQ within the Archean tonalitic gneiss (Langelier Complex) of the
Paka property There are also major structural breaks nearby which constitute pathways for the intrusion
of late-stage granites and granitic pegmatites with high lithium potential. Exploration of the Paka claims
will concentrate in the southern area where prospecting and rock sampling will be completed.
Figure 2: Location of the Paka lithium property
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.
Contact Information
Genius Metals Inc.
Tel.: 579-476-7000
Pierre-Olivier Goulet
Vice-President Corporate Development
Email: [email protected]
1-450-821-5270
Guy Goulet
President and CEO
Email: [email protected]
1-514-294-7000
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