Highlights
- Infinity Stone has completed drilling of the RS-22-04 step out drillhole
- RS-22-04 intersected 10.9 metres of semi-massive to massive graphite in addition to 8.8 metres of semi-massive to massive sulphides
- The total known strike length of the Rockstone graphitic unit is now approximately 80 metres and remains open along strike
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2022) - Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), is pleased to provide an update on its Fall drill program (the "Fall Drill Program") on the Rockstone Graphite project located near Thunder Bay, Ontario ("Rockstone" or the "Rockstone Graphite Project").
The Company has completed the drilling of RS-22-04, collared 15 metres to the northeast of RS-22-03. RS-22-04 is a step-out of the GC-12-01, RS-22-01, and RS-22-03 holes.
RS-22-04 intersected a 10.9-metre interval of semi-massive to massive graphite from 86.0 to 96.9 metres, directly adjacent to 8.8-metre interval of massive sulphides from 77.2 to 86.0 metres, successfully extending the previously-announced graphite zone identified in RS-22-03, northward. The total known strike length of the Rockstone graphitic unit is now approximately 80 metres and remains open along strike. Early observations suggest that the massive sulphide horizon represents VMS-type mineralization.
Rockstone hosts 18 additional high-priority drill-ready VMS-type EM (electromagnetic) targets generated by Maxwell Modelling of data derived from the 2007 Sabina VTEM survey. All additional targets are highly prospective for both graphite and VMS-hosted metals. Additional targets north of the original claim block are presently being modelled for drilling parameters.
"We are very pleased to hit mineralization in the second step-out hole of our Fall Drill Program. With a better understanding of the structure now we will be able to make a better determination as to next steps in the exploration of Rockstone," said Zayn Kalyan, CEO of Infinity Stone. "Immediate next steps will likely include conducting downhole geophysics, as well as additional drilling of previously identified drill targets. With both the assays from drill core from this program, and the current metallurgical program underway at SGS, there are many near term catalysts in the pipeline," furthered Mr. Kalyan.
Figure 1: Core Photo - RS-22-04 Graphitic and Sulphide Intervals - 77.2 to 88.3 m
Figure 2: Core Photo - RS-22-04 Graphitic Interval - 88.3 to 96.9 m
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 Contact
Zayn Kalyan
CEO and Director
Direct: 778-938-3367
zayn@altuscapital.ca
The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
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