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Genesis Metals
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The Chevrier Gold Property covers 15 kilometres of the Fancamp Deformation zone - an emerging mineralized belt undergoing intensive exploration by multiple companies including several major industry players, including the high-grade Monster Lake Gold Discovery which is being explored by Toma Gold and IAMGOLD. (TSX-V: GIS | FRANKFURT: 4TE3)Historic work at Chevrier returned thick intersections of gold as well as high grade intervals both at surface and at depth. The mineralization extends over a currently defined total strike length of more than 1.2 kilometers and shows vertical continuity to a depth of 525 meters. It is still open at depth.As of February 2019, Genesis has completed new resource estimate for the 100% owned Chevrier gold project located near Chibougamau, Quebec. This resource estimate is for both the Main Zone and East Zone on the Chevrier project. The East Zone is located approximately 10 km northeast of the Main Zone. Both zones are located within the Fancamp Deformation Corridor, a major structural break that appears to control the location of gold mineralization.