$GEMSF Infinity Stone Expands with New Claim Block

$GEMSF Infinity Stone Expands with New Claim Block Adjacent to Hellcat Lithium Project in James Bay Lithium District

https://www.newsfilecorp.com/release/140409

Highlights

Infinity Stone expands its land position to over 5,187 hectares, with 28 identified pegmatites, in James Bay Lithium District adjacent to Patriot Battery Metals' Corvette discovery.
Option to acquire an additional 1,336 hectares directly adjacent to the Company's Hellcat Project
Infinity Stone expanded property following the Fall Exploration Program which identified tourmaline, garnet, and muscovite mineralization on the Rouget formation greenstone belt underlying the Hellcat Claim and trending on to the New Claim Block
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2022) - Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone" , is pleased to announce that it has entered into an option agreement to acquire an additional 1,336 hectares directly adjacent to the Company's Hellcat Project (the "New Claim Block" , which is part of Infinity Stone's larger Camaro Project, near Patriot Battery Metals ("PMET" or "Patriot" Corvette Lithium Discovery in the James Bay Region of Quebec.

The block is contiguous with the northwestern boundary of Infinity Stone's Hellcat Project. The newly acquired area hosts an additional five pegmatite occurrences, with an additional 11 appearing in the southeastern Hellcat Project.

The fall exploration program, conducted by Axiom Exploration Group, Infinity Stone's contracted technical team, (the "Fall Program" was extremely successful in confirming historically mapped pegmatites and identified new showings. 87 samples were collected over 3850 hectares of claims adjacent to the Patriot discovery. The samples have been shipped to Saskatchewan Research Council ("SRC" lab in Saskatoon, Sask., with assay results expected to be returned in the coming weeks.

One of the significant highlights of the Fall Program was the identification of a cluster of highly prospective pegmatitic dykes and cross cutting structures near the northern margin of the Hellcat claims extending to the north, into the newly acquired claim area.

The white, coarse grained, pegmatite dykes in this area were mineralogically characterized by tourmaline, garnet, and muscovite which are common LCT (Lithium-Cesium-Tantalum) pegmatite indicator minerals in the district.

The New Claim Block is underlain by 9 km of strike length of underexplored greenstone and metasediments of the Mesoarchean Rouget formation and Neoarchean Marbot formation respectively. The under-explored Rouget formation greenstone belt represents an attractive exploration target which is geologically similar and proximal to the Guyer Group greenstone which hosts the PMET Corvette Pegmatites.

"Following our recent Fall Program, we moved quickly to expand our footprint and focus on the most prospective areas of the Camaro Project in James Bay," said Zayn Kalyan, CEO of Infinity Stone. "The identification of tourmaline, garnet, and muscovite, in pegmatites on the expanded Hellcat have given us an area of considerable interest and will be critical to our exploration program moving forward," furthered Mr. Kalyan.