Genius Metals Obtain Drilling Permit for Lithium381

MONTRÉAL, Feb. 8, 2023 /CNW Telbec/ - Genius Metals Inc. (TSXV:GENI.VN) ("Genius Metals" or the "Corporation") is pleased to report the obtention of the drilling permit previously announced on January 18, 2023, for the Lithium381 Property (the "Property") located in the James Bay Territory of northern Quebec. The property is contiguous to Allkem Limited's James Bay Lithium Mine. The James Bay Lithium Project hosts an Indicated Resource of 40.8 Mt @1.40% Li₂O (NI 43-101 Technical Report, Feasibility Study, James Bay Lithium Project, Québec, Canada; January 11, 2022) and on January 16, 2023, the government of Canada approved the construction of the James Bay Lithium Mine which is expected to operate during a span of 20 years.