Mike Fagan,
Editor
Oct. 19, 2022
Infinity Stone Ventures (CSE: GEMS)(OTC: GEMSF) — currently trading just below C$0.30 per share — has entered into an option agreement to acquire an additional 1,336 hectares of mineral claims directly adjacent to its Hellcat lithium project.
The Hellcat project is part of the company’s larger Camaro lithium project, which is adjacent to Patriot Battery Metals’ (CSE: PMET)(OTC: PMETF) Corvette-FCI lithium-gold-copper-silver project in the James Bay Region of Quebec, Canada.
The project — which has now been expanded to cover 5,187 hectares with 28 identified pegmatites — comprises 3 property blocks: Camaro, Hellcat, and Taiga.
A recently-completed mapping and sampling program confirmed historically mapped pegmatites and identified new mineralized showings characterized by tourmaline, garnet, and muscovite, which are common LCT (Lithium-Cesium-Tantalum) pegmatite indicator minerals in the district.
A total of 87 samples were collected (across 3,850 hectares of claims) and have been shipped to SRC Labs in Saskatoon with initial assays anticipated in the coming weeks.
Infinity Stone CEO Zayn Kalyan — whom you’re about to hear from directly in our exclusive interview — commented via press release:
"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. 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.”
The program successfully identified a cluster of highly-prospective pegmatitic dykes and cross-cutting structures near the northern margin of the Hellcat claims extending northward into the newly-acquired claim area.
The claims contain 9 km of strike length, representing a number of attractive exploration targets in a geological setting similar to the lithium-bearing pegmatites being advanced by Patriot Battery Metals at their nearby Corvette-FCI project.
And far from a one-trick pony, Infinity Stone boasts a well-diversified portfolio of mineral projects (lithium/pegmatite, graphite, copper/cobalt, manganese) throughout the Tier-One jurisdictions of Quebec and Ontario, Canada — including the Galaxy pegmatite project where an extensive sampling program is well underway.
Here to cover it all is our own Gerardo Del Real of Junior Resource Monthly who caught up with Infinity Stone Ventures CEO Zayn Kalyan to see what’s happening now and what’s happening next across the company’s impressive property portfolio. Enjoy!
Mike Fagan
Editor, Resource Stock Digest