Infinity Stone Intersects Gold Mineralization at Rockstone Project
Highlights
- Infinity Stone has intersected 1.70 g/t Au over 2.0 m from its Fall Drill Program at the Rockstone Graphite Project.
- Gold intersection represents a new regional gold discovery and appears to be associated with Rockstone Cu/Zn/graphite VMS-type exhalite mineralization.
- Company's technical team is awaiting remaining assay results from the Fall Drill Program at Rockstone and will publish consolidated data in coming weeks.
Vancouver, January 10, 2023 - Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: TLOOF) (FSE: B2I) (the "Company" or "Infinity Stone") announces that it has intersected 1.70 g/t Au over 2.0 metres from its Fall drill program (the "Fall Drill Program") on the Rockstone Graphite project located near Thunder Bay, Ontario ("Rockstone" or the "Rockstone Graphite Project"). RS-22-02 encountered the 2.0-metre interval of gold mineralization from 198 metres to the drillhole's final depth of 200 metres, terminating in the mineralized lithology of intermediate volcanics with quartz veining. The Company completed drilling of 4 holes, RS-22-01, RS-22-02, RS-22-03, and RS-22-04, totalling 800.0 metres. The Au intersection represents a new regional gold discovery and appears to be associated with Rockstone Cu/Zn/graphite VMS-type exhalite mineralization.
The Company's technical team is awaiting remaining assay results from the Fall Drill Program at Rockstone and will publish consolidated data, including graphite mineralization, as soon as available. Once all analyses from drill holes RS-22-03 and RS-22-04 are received from the lab, data will be compiled into a 3-D geological model to assist in future exploration.
"The initial assay results from the Fall Drill Program at Rockstone have given us greater understanding of the system and mineralization. With the new data we will be able to determine next steps with regard to additional drilling, as well as intending to conduct down-hole geophysics in the coming months," said Zayn Kalyan, CEO of Infinity Stone Ventures.
About Rockstone Graphite Project
The Rockstone Graphite Project is located 45 km west of the seaway port at the City of Thunder Bay, Ontario Canada. The Project has excellent access by logging haul roads that connect to paved/gravel roads with nearby railways and a shipping port. Based upon the reprocessed Versatile Time Domain Electromagnetic (VTEM) survey completed by Sabina Silver Corporation in 2007, there are 18 drill-ready electromagnetic targets. Greencastle's drilling in 2012 consisted of 4 diamond drillholes (916 metres). Diamond drill hole GC-12-01 intersected a 24 metre interval averaging 0.82% zinc and 0.15% copper within a graphitic argillite unit. Analysis of the pulps for the 24 metres returned a value of 25% Cg (graphitic carbon) using a LECO analytical procedure. Rockstone graphite morphology appears to be highly-ordered hexagonal graphite crystallites and crystallite agglomerates, likely formed by hydrothermal activity at a formation temperature of 702C.
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.
About Infinity Stone Ventures
Infinity Stone's mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.
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Infinity Stone Ventures Corp.
Zayn Kalyan
CEO and Director
zayn@altuscapital.ca
Direct: 778-938-3367
The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
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