$GEMSF Infinity Stone Expands Galaxy Lithium Proje
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Posted On: 10/12/2022 1:51:38 PM
$GEMSF Infinity Stone Expands Galaxy Lithium Project in Quebec
https://www.newsfilecorp.com/release/140295
Highlights
Infinity Stone expands its land position by 2,114 hectares over 36 claims adjacent to the Company's Galaxy Lithium Project.
Expanded claims were established to be prospective for LCT pegmatites following the September 2022 exploration program.
Infinity Stone intends to carry out further exploration on the Galaxy Project, including expanded claims, beginning October 17, 2022.
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2022) - Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"
, is pleased to announce that it has acquired, through staking, an additional 2,114 hectares over 36 cells adjacent to the Company's Galaxy Lithium Project (the "Galaxy Project" , near Mont Laurier, Quebec, with an additional 14 cells still pending application.
The claim block is approximately 700 metres to the north of Infinity Stone's Galaxy Project and extends for approximately 10 kilometres along the western edge of Lac Petawaga. The newly acquired area was established to be prospective for LCT pegmatites following the Company's September 2022 exploration program that included sampling, hand stripping, channel sampling, as well as blasting and the recovery of a 150kg bulk sample of pegmatite material.
"Infinity Stone is excited to expand our footprint at the Galaxy Project in Quebec," said Zayn Kalyan, CEO of Infinity Stone. "The Galaxy Project presents a highly prospective opportunity for lithium mineralization based upon historical reports, especially given its close proximity to infrastructure, ease of access, and low exploration and operating costs," furthered Mr. Kalyan.
Infinity Stone intends to carry out further exploration on the Galaxy Project, including the expanded claims, beginning October 17, 2022. The exploration program will include further sampling of the 30 pegmatite dykes mapped on the property, blasting, as well as prospective work ahead of the Company's intention to conduct a magnetic geophysical survey and drill program before the end of the year.
Infinity Stone's focus on lithium and graphite has been further reinforced with the recent announcement by Honda and LG Energy Solution regarding their joint venture battery plant to be built in Fayette County, Ohio. Honda and LG Energy Solution are committing $3.5 billion to the plant that will create an estimated 2,200 jobs. Infinity Stone is committed to the development of battery metals resources to support the rapidly growing North American battery supply chain.
Qualified Person
Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a "Qualified Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Company.
https://www.newsfilecorp.com/release/140295
Highlights
Infinity Stone expands its land position by 2,114 hectares over 36 claims adjacent to the Company's Galaxy Lithium Project.
Expanded claims were established to be prospective for LCT pegmatites following the September 2022 exploration program.
Infinity Stone intends to carry out further exploration on the Galaxy Project, including expanded claims, beginning October 17, 2022.
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2022) - Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"
, is pleased to announce that it has acquired, through staking, an additional 2,114 hectares over 36 cells adjacent to the Company's Galaxy Lithium Project (the "Galaxy Project" , near Mont Laurier, Quebec, with an additional 14 cells still pending application. The claim block is approximately 700 metres to the north of Infinity Stone's Galaxy Project and extends for approximately 10 kilometres along the western edge of Lac Petawaga. The newly acquired area was established to be prospective for LCT pegmatites following the Company's September 2022 exploration program that included sampling, hand stripping, channel sampling, as well as blasting and the recovery of a 150kg bulk sample of pegmatite material.
"Infinity Stone is excited to expand our footprint at the Galaxy Project in Quebec," said Zayn Kalyan, CEO of Infinity Stone. "The Galaxy Project presents a highly prospective opportunity for lithium mineralization based upon historical reports, especially given its close proximity to infrastructure, ease of access, and low exploration and operating costs," furthered Mr. Kalyan.
Infinity Stone intends to carry out further exploration on the Galaxy Project, including the expanded claims, beginning October 17, 2022. The exploration program will include further sampling of the 30 pegmatite dykes mapped on the property, blasting, as well as prospective work ahead of the Company's intention to conduct a magnetic geophysical survey and drill program before the end of the year.
Infinity Stone's focus on lithium and graphite has been further reinforced with the recent announcement by Honda and LG Energy Solution regarding their joint venture battery plant to be built in Fayette County, Ohio. Honda and LG Energy Solution are committing $3.5 billion to the plant that will create an estimated 2,200 jobs. Infinity Stone is committed to the development of battery metals resources to support the rapidly growing North American battery supply chain.
Qualified Person
Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a "Qualified Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Company.
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