Meaghers Gold Property

The Meaghers gold property holds six mineral licenses totaling 100 claims across 1,620 hectares in South-Central Nova Scotia. Strategic positioning places Meaghers less than ten kilometers from St. Barbara’s Touquoy mine.

The property reveals similar geological and structural characteristics of the Touquoy mine, such as exposures of the gold-bearing Goldenville Formation, the presence of warped and folded anticlines and a comparable magnetic signature. Meaghers also reveal gold-arsenic prospects and a discrete magnetic anomaly associated with the St-Barbara Four Gold mines. This discovery suggests potential widespread mineralization across the property.

On December 4, 2019, Genius Metals entered into an option agreement with MegumaGold Corp., whereby MegumaGold has the option to earn a 70 percent interest in the Meaghers property. The agreement covers 70 percent interest in six Genius Metals mineral exploration licenses totaling 100 claims across 1,620 hectares.

The technical information contained on this page was reviewed and approved by Michel Boily, Ph.D., P. Geo, qualified person under NI 43-101 and VP Exploration for Genius Metals Inc.