Dear subscriber,
Genesis Metals recently released their long awaited maiden resource estimate on Chevrier Main Zone, and included the East Zone as well. As I indicated in my earlier analysis, I expected more, but apparently the earlier historic estimates were unreliable and the geology too complex to break the coveted 1Moz threshold. Nevertheless, a 0.7Moz Au resource is a nice start, and since Genesis very recently teamed up with the Discovery Group and added the likes of John Robins, Jim Paterson and Garreth Ainsworth as strategic advisors, they have big plans. As there are still a lot of targets to be explored at Chevrier, it will be a busy 2019. Read more about it here:
Genesis Metals: Value In The Abitibi Greenstone Belt
Regards,
The Critical Investor