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Highlights
- Infiniti Stone to conduct a UAV geophysical EM survey at Zen-Wohbury with the aim of refining well targets.
- The geophysics program follows the discovery of a significant 15.5% Cu content in a surface sample.
- Sampling also showed elevated mineralization levels of other battery metals including nickel and cobalt.
Vancouver, British Columbia–(Newsfile Corp. – December 02, 2022) – Infiniti Stone Ventures Corp. (CSE: GEMS) (OTCKB: GEMSF) (FSE: B2I) (“Company“or”Infinity Stone“) announces that it has been engaged to conduct an airborne UAV magnetic survey at its Zen-Whobery project located north of Mont Laurier, Quebec. The survey will be approximately 600 line km in one block with a detailed line spacing of 100 meters as as well as a 25 meter spacing above the soil sampling grid that the Company completed in the summer of 2022 (published on 12 August 2022).
A survey team will be mobilized to the site in the coming week, and the survey will begin shortly, subject to favorable weather.
Preliminary results of the UAV magnetic survey are expected in early January 2023. The survey results will assist the Company in defining new targets and better defining known mineralized zones.
“The geophysical survey at Zen-Whobera is a key next step in the project’s exploration that will allow us to further define drilling targets moving into Q1 2023. With a significant copper grade in excess of 15% discovered earlier this year at Zen, we are eager to explore further this potential resource, especially in the context of recent increases in copper and nickel prices,” said Zain Kalian, CEO of Infinity Stone. “Copper, cobalt and nickel are critical to the production of EV batteries and vehicles, as well as many other critical technologies. The Zen-Whobery project is in close proximity to infrastructure, including the Glencores Horne smelter, and represents a strategic opportunity at the heart of the North American electric vehicle supply chain,” said Mr Kalian.
Figure 1: South Block. 100 meter grid with connecting lines at 1000 meter intervals. Row spacing at 25 m across the soil sampling area (yellow).
To view an enhanced version of Figure 1, visit:
https://images.nevsfilecorp.com/files/8151/146624_3946301974c768b4_002full.jpg
In the Centauri Zen-Whoberi zone, out of a total of three samples taken in this zone, one mineralization sample returned grades of 15.5% Cu, 14.9g/t Ag, 0.40g/t Au, 0.114% Ni and 216ppm Co. Two other samples taken from the newly identified zone yielded 2.12% and 0.70% Cu. *
Table 1: Summary of diamond drilling 2006-2007
| Hole | azimuth (º) | Dip (Aº) | From (m) | home) | Length (m) | Cu (%) |
| CB-06-01 | 348 | 60 | 3.2 | 9.3 | 6.1 | 0.59 |
| incl. | 4.5 | 8.2 | 3.7 | 0.92 | ||
| CB-06-02 | 162 | 60 | 2.4 | 7.9 | 5.5 | 0.68 |
| CB-06-03 | 0 | 90 | 15.9 | 25.5 | 9.6 | 0.56 |
| incl. | 15.9 | 21.3 | 5.4 | 0.84 | ||
| and | 28.5 | 37.3 | 8.8 | 0.27 | ||
| CB-06-04 | 0 | 80 | 1.1 | 9.3 | 8.2 | 0.21 |
| CB-06-05 | 0 | 80 | 12.9 | 35.7 | 22.8 | 0.57 |
| incl. | 29.6 | 34.7 | 5.1 | 1.08 | ||
| and | 37.3 | 44.4 | 7.1 | 0.7 | ||
| incl | 38.3 | 43.5 | 5.2 | 0.88 | ||
| CB-06-06 | 0 | 80 | 3.1 | 35.8 | 32.7 | 0.47 |
| incl. | 21.5 | 25 | 3.5 | 1.21 | ||
| incl. | 31 | 34.8 | 3.8 | 1.27 | ||
| F07-01 | 350 | 52 | 52.2 | 53.55 | 1.35 | 0.27 |
| and | 109.8 | 111.6 | 1.8 | 0.18 | ||
| F07-02 | 360 | 75 | 147.25 | 149.0 | 1.75 | 0.16 |
| F07-03 | 200 | 45 | 22.5 | 24.1 | 1.6 | 0.17 |
| and | 50.0 | 51.5 | 1.5 | 0.19 | ||
| F07-04 | 20 | 45 | 46.7 | 48.35 | 1.65 | 0.14 |
About the Zen-Whoberi project
Infinity Stone’s Zen-Whobery project, located 30 km north of Mont-Laurier, Quebec, Canada, was discovered by Surface Survey and Beep Mat Survey in 2004 and covers 352 hectares. Mineralization occurs primarily with chalcopyrite, bornite, pyrite, and pyrrhotite, along with massive sulfides. Anomalous levels of gold, platinum and palladium were observed in most drill holes. The project is 500m away from the nearest transmission line and relates to infrastructure with direct access via a road 270km from Montreal. Exploration has revealed high-grade copper in sulphide areas, and previous excavations have revealed additional finds such as exposed gold, platinum and palladium. It is located in the central metasedimentary belt of the Grenville geological province. Copper mineralization occurs as skarn in the form of disseminated sulfides (pyrrhotite, chalcopyrite and bornite) in chalcosilicate rocks.
Qualified person
The technical information in this press release has been reviewed and approved by Case Lewis, P.Geo., a “Qualified Person” as defined under NI 43-101 Disclosure Standards for Mineral Projects and a director of the Company.
References
(1) Infiniti Stone Ventures press release dated September 16, 2022: “Infiniti Stone Discovers 15.5% Copper from New Zone at Zen-Whoberi Project”
https://infinitistoneventures.com/infiniti-stone-discovers-15-5-copper-from-nev-zone-at-zen-vhoberi-project/
About Infinity Stone Ventures
Infinity Stone’s mission is to be a diversified, single-source supplier of critical energy metals used in the clean energy revolution along with its established portfolio of SaaS solutions. The company’s primary business units include HealthCheck (Stratum Health Technologies LLC) and its energy metals portfolio. Infinity Stone meets the demand of battery and wind turbine manufacturers, nuclear and hydrogen power producers and energy metals speculators by acquiring 100% interests in critical mineral deposits and occurrences in stable mining-friendly jurisdictions close to the North American production hub end-use destination.
To register for investor updates, visit https://infinitistone.ventures.
Infiniti Stone Ventures Corp.
Zain Kalyan
managing director and director
[email protected]
Direct: 778-938-3367
The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this announcement.
Forward-Looking Statements Disclaimer
This press release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of words such as “plans,” “expects,” or “does not expect,” “expects,” “budget,” ” planned”, “estimates”, “anticipates”, “projects”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may “, “might”, “would”, “could” or “will be taken”, “arise” or “be achieved”. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which could cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements, including statements relating to future investigative work. Although the forward-looking statements contained in this press release are based on what the Company’s management believes to be reasonable assumptions, there can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially. differ from those expected in such statements. Forward-looking statements may also be affected by risks and uncertainties in the Company’s business, including those described in the Company’s public filings available at www.SEDAR.com. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions change, except as required by applicable securities laws. The reader is cautioned not to rely on forward-looking statements.
To view the original version of this press release, visit https://www.nevsfilecorp.com/release/146624
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