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Infinity Stone (CSE:GEMS) options Sugar Loaf & Little Dipper lithium projects in Brazil

Market News, Mining
CSE:GEMS
07 February 2023 12:30 (EDT)

Source: Infinity Stone Ventures Corp.

Infinity Stone Ventures Corp. (GEMS) has optioned Sugar Loaf and Little Dipper Lithium Projects in Brazil.

The projects total 384.4 sq. km. and 22 exploration permits.

The Sugar Loaf Project is located 15 km. from Sigma Lithium’s Grota do Cirilo Project, located in Brazil’s mining-friendly Minas Gerais State.

Sugar Loaf Project area map. Source: Infinity Stone Ventures Corp.

The Little Dipper Project is located 10 km. from Oceana’s Solonopole Lithium Project in the state of Ceará, Brazil.

Little Dipper Project area map. Source: Infinity Stone Ventures Corp.

Both projects were optioned based on perceived geological potential from known mineralized trends.

The company is planning satellite imagery-based spectral analysis to find areas of interest for targeted exploration. After that, Infinity Stone intends to mobilize an exploration team to conduct initial groundwork, including grab and channel sampling, trenching, and mapping. There will be a focus on identifying pegmatites across the claim blocks that have the potential for lithium-cesium-tantalum mineralization.

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

Infinity Stone Ventures Corp. (GEMS) was down 16.00 per cent, trading at C$0.21 per share as of 12:30 pm ET.


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