18:15:29 EST Thu 26 Nov 2020
Enter Symbol
or Name
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CA



Gaia Metals Corp
Symbol GMC
Shares Issued 29,703,817
Close 2020-11-20 C$ 0.10
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Gaia Metals grants options to buy one million shares

2020-11-20 23:55 ET - News Release

Mr. Adrian Lamoureux reports

GAIA METALS GRANTS INCENTIVE STOCK OPTIONS

Gaia Metals Corp. has granted an aggregate one million incentive stock options to officers, directors and consultants of the company. The options are exercisable at 10 cents per share for a period of three years from the date of grant. The options have been granted under, and are governed by the terms of, the company's incentive stock option plan.

About Gaia Metals Corp.

Gaia Metals is a mineral exploration company focused on the acquisition and development of mineral projects containing base and precious metals, including platinum group elements and lithium.

The company's flagship asset is the Freeman Creek gold property, located in Idaho, United States. The property hosts two major advanced targets: the Gold Dyke prospect, with a historical drill intercept of 1.5 grams per tonne gold and 12.1 grams per tonne silver over 44.2 metres (RDH 8), and the Carmen Creek mine prospect, with a historical outcrop sample assay of 14.15 g/t Au, 63 g/t Ag and 1.2 per cent copper.

Additional assets include the wholly owned Corvette property and the FCI property (held under option from O3 Mining Inc.), located in the James Bay region of Quebec. The properties are contiguous and host significant gold-silver-copper-platinum-group-element-lithium potential highlighted by the Golden Gap prospect with grab samples of 3.1 to 108.9 g/t Au from outcrop and 10.5 g/t Au over seven metres in a drill hole, the Elsass and Lorraine prospects with 8.15 per cent Cu, 1.33 g/t Au and 171 g/t Ag in outcrop, and the CV1 pegmatite prospect with 2.28 per cent lithium oxide over six m in a channel.

In addition, the company holds the Pontax lithium-gold property, Quebec; the Golden Silica property, British Columbia; and the Hidden Lake lithium property, Northwest Territories, where the company maintains a 40-per-cent interest, as well as several other assets in Canada.

We seek Safe Harbor.

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