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Infinity Stone (CSE:GEMS) completes airborne geophysics at Zen-Whoberi Project

Market News, Mining
CSE:GEMS
05 January 2023 10:15 (EDT)
Infinity Stone Ventures - CEO, Zayn Kalyan

Source: Infinity Stone Ventures

Infinity Stone Ventures (GEMS) has completed its airborne UAV magnetic survey at the Zen-Whoberi Project in Quebec.

Highlights:

The survey covered over 570 line km with detailed line spacing of 100 metres as well as 25-metre spacing over the geochemical soil sampling grid previously completed by the company last summer.

Initial interpretations of geophysical data suggest multiple zones of interest and drill targets for the company’s forthcoming winter diamond drill program. Under the winter drill program, Infinity Stone intends to conduct targeted drilling of the Centauri Zone, with the ultimate goal of gaining a greater understanding of the underlying structure and mineralization. Initial indications have shown increased conductivity on the expanded ground, which is worth further exploration.

The company’s technical team is currently completing the interpretation and mapping of geophysical data with the intent to publish results as soon as possible, along with intended drill targets.

“The completion of our airborne UAV magnetic survey on the Zen-Whoberi Project presents a significant advancement in the development of a strategic copper asset in Quebec. As the world enters a recessionary climate driven by inflation and rising interest rates, we expect to see significant appreciation in the price of copper in 2023. The demand for copper and other strategic minerals tends to increase during economic downturns, as they play a crucial role in infrastructure and development,” said Zayn Kalyan, CEO of Infinity Stone.

Infinity Stone’s Zen-Whoberi Project is located 30 km north of Mont-Laurier, Quebec, was discovered by Surface Survey and Beep Mat Survey in 2004 and covers 352 hectares. 

Infinity Stone Ventures is building a diversified energy metals supply for the clean energy revolution alongside its established SaaS solution portfolio.

Infinity Stone (GEMS) opened trading at C$0.24.


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