Genius Properties Undertakes an Exploration Program on its James Bay Gold Property
SAINT-SAUVEUR, QUEBEC--(Marketwired - Sep 7, 2017) - Genius Properties Ltd. ("Genius" or the "Corporation") (CSE:GNI)(CSE:GNI.CN)(CNSX:GNI) commences exploration program on its 100%-owned Sakami property located in the James Bay area of Quebec. The property lies between Matamec /Canadian Strategic Metals auriferous claims, and the Osisko Exploration James Bay's 325,000 ounces gold deposit to the north.
A humus sampling campaign was conducted in 2011 by Abalor Mineral, now Genius Properties Ltd., in the southern portion of the property. Gold assay results indicated 12 samples with concentrations > 0.02 g/t Au with three humus specimen revealing significant gold concentrations (0.102 to 0.552 g/t Au). Overall, the geochemical contour maps, define two ''anomalous zones" characterized by clusters of gold values > 0.02 g/t Au.
Genius will perform a "Metal Mobile Ion" (MMI) geochemistry survey along with dipole-dipole induced polarization and magnetometer geophysical surveys on an already established gridline. Prospection of the targeted area will also be conducted to better understand the 2011 gold humus anomalies. An exploration budget of $200,000 is proposed.
Dr. Michel Boily P.Geo, is the qualified person under NI 43-101 who has reviewed and approved the technical information contained in this document.
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