Genesis Metals Corp. reported assay results from 10 holes (3,109 metres) drilled as part of its recently completed 2020 Phase II (25 hole, 6,208 metre) diamond drilling program. Results of the final 5 holes (1,320 metres) from the Phase II program, all from the Mole zone, will be released once received and interpreted. The Chevrier Gold Project is located in the eastern Abitibi Greenstone Belt of Central Quebec. The objective of the Phase II program was to continue drill testing the extensions and down plunge continuity of newly recognized high-grade gold shoots within and near the Chevrier Main deposit area (1.2 km by 0.2 km) to delineate their boundaries and mineralized volumes within and below the pit shell from the 2019 mineral resource estimate. For reference purposes, six specific areas in the Main Zone with potential high-grade shoots have been labelled Fox, Mouse, Grouse, Lynx, Squirrel and Mole. Results included in this news release are from the Fox, Grouse, Lynx and Squirrel zones. The Genesis technical team has recognized a previously under-explored and poorly defined higher- grade component to the Chevrier Main gold deposit. A new 3D geological and mineralization model is being completed to better represent the distribution and geologic controls on higher-grade gold mineralization. This model was utilized to inform the planning and execution of Phase I and Phase II drilling programs in 2020. The Company completed a total of 8,710 metres of diamond drilling in 34 holes in 2020, including the Phase I program which was carried out and reported on earlier in the year. Holes GM-20-79 and -80 were drilled from the same pad to the northwest at -50° and -63° dip, respectively both cut basalt and gabbro host rocks, ending in lapilli tuff. Gold intercepts are related to silicification and quartz-ankerite veins associated with zones of shearing and fuchsite-sericite-chlorite alteration and up to 5% pyrite. These holes were collared ~60 metres southeast of GM-20-76 and -77 (November 26, 2020 News Release). GM-20-79 cut six separate mineralized zones of moderate grade width, including 8.89 metres averaging 2.43 g/t gold starting at 125.15 metres down hole. Hole GM-20-80 intersected ten discrete mineralized intervals, including a high-grade intercept of 12.70 metres averaging 9.56 g/t gold starting at 111.0 metres down hole, and including 3.00 metres averaging 25.44 g/t gold starting at 114.8 metres down hole. From 115.7 to 116.7 metres down hole a shear-hosted quartz-carbonate vein is associated with 5% fine-grained disseminated pyrite with 2% irregular clusters of chalcopyrite; one 0.8 mm visible gold grain was observed at 115.9 metres down hole at the vein margin. Holes GM-20-81 and -82 were drilled to the northwest from the same pad, at -56° and -66° dips, respectively. These holes were collared ~22 metres southeast of GM-20-76 and - 77. Both holes cored variably sheared and altered basalt, gabbro and lapilli tuff host rocks. Mineralized zones are characterized by silica-carbonate alteration and intense shear zones which host the majority of the veins. Quartz-ankerite veins and associated fuchsite-sericite-chlorite alteration and up to 5% pyrite host are related to the gold domains. GM-20-81 contains seven discrete mineralized zones, including 6.15 metres averaging 3.40 g/t gold starting at 135.4 metres down hole. GM-20-82 cut four discrete mineralized zones, including 4.45 meters averaging 4.00 g/t gold starting at 106.15 metres down hole. GM-20-83 was drilled to the north at a -46° dip to optimize intersection of interpreted plunge. It was collared ~40 metres southwest of GM-20-76 and -77. It cored predominantly gabbro with lesser basalt and encountered three discrete mineralized zones associated with quartz- ankerite veins with up to 8% disseminated pyrite and minor chalcopyrite, including 26.8 metres averaging 1.81 g/t gold starting at 114.2 metres downhole.