Genius Metals Receives Drill Core Assays and Identifies Au, Zn, Pb, Ag Structure on Sakami
TSX-V:GENI
Genius Metals Receives Drill Core Assays and Identifies Au, Zn, Pb, Ag
Structure on Sakami
MONTRÉAL, QUÉBEC, CANADA — (November 10, 2021) - Genius Metals Inc. ( TSX.V: GENI)
(“Genius Metals” or the “Corporation”) is pleased to announce the results of its maiden drilling
campaign completed on the Sakami property in the James Bay Territory. The main objective was
to investigate the extent of gold mineralization discovered by grab and channel sampling on the
Lamarche and Golden Eye prospects. A total of 17 holes were collared on property generating
2,568 m of core material. Results of the seven holes drilled on the Golden Eye prospect returned
intersections of 1.45 g/t Au over 6.0 m and 0.27 g/t Au over 7.7 m (SAK-21-10); 0.43 g/t Au over
2.7 m; (SAK-21-11), 2.53 g/t Au over 1.50 m (SAK-21-12) and 0.78 g/t Au sur 0.7 m (SAK-21-16)
(Table 1). The mineralized zone is shallow with apparent depths of 11 to 51 m , extends along a
NE-SW strike for 410 m and is open to the SW (Figure 1). Data from the seven holes collared on
the Lamarche prospect generated 45 g/t Ag over 3.7 m and including an interval of 1.17 g/t Au,
209 g/t Ag and 1.69 % Zn over 0.50 (SAK-21-03) and 0.28 g/t Au and 0.64 % Zn over 4.6 m (SAK-
21-08). The Lamarche prospect was found to be Zn and Pb-rich.
Previous exploration work on Lamarche yielded a value of 13 g/t Au with others ranging from 0.8
to 6.1 g/t Au. These were accompanied by silver and base metals concentrations varying from 39-
712 g/t Ag, 1.0-19.2 % Zn and 0.80-5.56 % Pb. Golden Eye revealed strongly altered, mineralized,
and deformed (mylonitized) metavolcanic rocks and iron formations with gold values ranging from
0.64 to 3.1 g/t Au (Genius Metals PR, Sept. 16, and Nov. 3, 2020). The association of gold with Ag
and other base metals at Sakami suggests an affinity with the polymetallic m ineralization
occurring in volcanosedimentary assemblages hosting the La Garnde Sud tonalite 11 km to the
NE.
DDH From (m) To (m) Length (m) Au (g/t) Zn (wt.%) Ag (g/t)
GOLDEN EYE
SAK-21-10 11.0 17.0 6.0 1.45
43.1 50.8 7.7 0.26
SAK-21-11 18.0 23.0 5.0 0.15
Incl. 19.0 21.7 2.7 0.43 0.14
SAK-21-12 25.4 26.9 1.5 2.53
Incl. 26.4 26.9 0.5 6.30
SAK-21-16 38.3 39.0 0.7 0.78
LAMARCHE
SAK-21-03 9.9 11.5 1.6 0.28
19.1 21.2 2.1 0.31
52.9 53.9 1.0 0.84
81.0 84.7 3.7 0.36 44
Incl. 83.0 83.5 0.5 1.17 1.69 290
SAK-21-08 10.0 14.0 4.0 0.18
28.4 38.9 10.5 0.43
Incl. 29.4 33.0 4.6 0.28 0.64
SAK-21-04 32.5 36.8 4.3 0.55
Table 1. Significant assay results for the drillcore from the Sakami 2021 drilling campaign, James
Bay Territory.
Figure 1. Chargeability contour map showing de main assay results from Genius Metals 2021
drilling campaign on the Golden Eye prospect, Sakami property.
Click here to view the core samples
Guy Goulet, president and CEO of Genius Metals affirms “ The first preliminary results of our
maiden drilling campaign at Sak ami reveals the importance and extent of the polymetallic
mineralization while advancing the knowledge of the process leading to Au, Ag and Zn enrichment
in metasediment and metavolcanic rocks. Therefore, th e first assay results from this campaign
confirms the precious metal potential of the Sakami property and will serve as a guide for future
exploration work. The company is well funded to pursue another great year of exploration on
Sakami in 2022”
Quality Assurance and Quality Control (QA/QC)
Genius Metals implemented a strict QA/QC protocol in processing all core samples collected from
the Sakami property. The protocol included the insertion and monitoring of appropriate reference
materials, in this case certified gold standards, blanks and duplicates, to validate the accuracy and
precision of the assay results. All collected rock samples were put in sturdy plastic bags, tagged,
and sealed in the field under the supervision of professional geologists. The sample bags were
then put in rice pouches and kept securely in a field tent before being sent by truck for preparation
and analysis to the ALS Minerals laboratories in Val d’Or, QC. All samples were analyzed using the
ME-ICP41 package (Aqua regia with AA finish) for 35 elements. Samples having contents > 10 000
ppm Zn and > 100 ppm Ag were re -analyzed by OG-46 method (4 acids) . Gold assays were
determined by Fire Assay with an atomic absorption finish (method Au-AA24).
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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