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Genesis Metals Commences Surface Program at Chevrier Gold Project in Quebec

Mining News - Published on Tue, 30 Jun 2020

Image Source: Genesis Metals Chevrier Gold Project
Genesis Metals Corp has commenced a staged surface exploration program that will be executed the coming months at its Chevrier Gold Project in the eastern Abitibi Greenstone Belt of Central Quebec. The Company completed a Phase I drilling program in May which consisted of a total of 2,502 metres in 9 holes. Results from holes GM-20-59 to 62 were reported by the Company on June 2, 2020; results for holes GM-20-63 to 67 are pending. The initial phase of the surface program involves follow-up till sampling grids and detailed soil grids to refine the six priority targets identified from the 2019 glacial till survey. In addition, the work will include surface prospecting, sampling and geological mapping, as well as application of geophysical tools such as detailed drone/helicopter magnetic surveys. The aim of this work is to delineate discrete gold targets for trenching and drill testing later in the year.

The compilation work carried out on Chevrier over the past several months has identified an area that was sampled in 2017 along a powerline 800 metres northeast (up-ice) of till anomaly #3 (see Map 1, below) with a cluster of prospecting grab samples with assays including 17.8 g/t gold, 10.8 g/t gold, 3.5 g/t gold and 1.94 g/t gold. This area is close to the projection of the Fancamp Deformation Zone and will be a focus of follow-up work during the surface program.

Plans for a second phase of drilling will be announced once all assays from the current program are received and evaluated. The Company remains fully funded for its planned work in 2020.

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Posted By : Yogender Pancholi on Tue, 30 Jun 2020
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