Companies in this country, for better or worse, however gradually, are getting back to work, doing what they love to do, hopefully for a market which appreciates the goods they produce.
Vancouver-based Genesis Metals Corp. (TSX-Venture: GIS) found its shares perking Thursday afternoon, following a report that the temporary suspension of mineral exploration activities in Quebec has been lifted. The Phase I ~2,500-metre drilling program has recommenced and the Genesis team is completing logging and sampling of remaining previously drilled core on site.
Prior to the work stoppage, a total of 2,008 metres in eight holes of the planned ~2,500 metre Phase I program had been drilled, and a portion of the core was logged and sampled.
The Phase I drilling has focused on improving definition and testing for expansion opportunities of modeled higher-grade domains which are interpreted to form of plunging "shoots" within the Chevrier Main deposit
Shares rocketed five cents, or 20%, to 30 cents, on volume of 821,000 shares.
