$GEMSF Infinity Stone Provides Update on Rockstone
Post# of 98041
https://www.prnewswire.com/news-releases/infi...74420.html
Highlights
Infinity Stone has been active with exploration across its portfolio of battery metals projects over the past 6 months
Rockstone Drill Program has begun, with the first core samples recovered from the RS-22-01 drill hole
Infinity Stone is well positioned in the rapidly growing battery metals sector in Quebec and Ontario to support the North American market
Multiple short-term catalysts for growth, including assays, geophysics, and drilling, across portfolio
VANCOUVER, BC, Nov. 10, 2022 /PRNewswire/ - Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone" , is pleased to provide a general corporate update on the Company's recent activities, initiatives and upcoming catalysts for growth. Infinity Stone has been active with exploration on its four core battery metal projects with extensive prospecting and preliminary work ahead of planned and ongoing drilling programs. The Company's current drill program on the Rockstone Graphite Project has recovered its first core sample from the RS-22-01 drill hole, a twinned hole of the GC-12-01 discovery hole, which intercepted 25% Cg over 24 metres.
"Battery metals, and lithium specifically, have been one of the only performing asset classes over the past year, in a volatile economic climate driven by inflation and rising interest rates. We have stayed true to our goal of providing a diversified investment platform for battery metals and believe we are still in the early stages of a market that is about to take off", said Zayn Kalyan, CEO of Infinity Stone Ventures. "It seems that on a nearly daily basis there are announcements of investment and development in the lithium-ion battery supply chain in North America. From new battery metal processing infrastructure to EV manufacturing plants, it is quickly becoming evident that Quebec and Ontario are at the epicentre of a major shift of investment from government and the private sector. With major manufacturers such as Tesla, Mercedes and VW making direct investment in battery metal mining and exploration companies, it is an unprecedented time to be in this industry, and Infinity Stone is ideally positioned," furthered Mr. Kalyan.