- Infinity Stone Ventures Corp. (GEMS) has staked another 3.5 square kms, and a pending application for 2 more claims on its Camaro Hellcat Lithium Project
- This brings its total land position to 55.4 sq. km., in addition to the currently pending cells
- The claim blocks are adjacent to Patriot Battery Metals’ (TSXV:PMET) Corvette Project in the James Bay Region of Québec.
- Infinity Stone Ventures Corp. (GEMS) was down 2.70 per cent, trading at C$0.18 per share as of 10:50 am ET
Infinity Stone Ventures Corp. (GEMS) has staked another 3.5 square kms, and a pending application for 2 more claims on its Camaro Hellcat Lithium Project.
This brings its total land position to 55.4 sq. km., in addition to the currently pending cells.
The claim blocks are adjacent to Patriot Battery Metals’ (TSXV:PMET) Corvette Project in the James Bay Region of Québec.
The new claims include historical surface samples returning 57ppm Li, sampled and assayed in 2016, and a 30ppm Li sample in 1997. There are at least 4 historical mapped pegmatites on the new claims.
Zayn Kalyan, CEO of Infinity Stone, explained that as the spring exploration season approaches, the team is renewing its focus on the project and are evaluating new claim blocks that are adjacent and near the current project footprint.
“The James Bay region, specifically the CV lithium trend discovered by PMET, is quickly becoming the epicentre of lithium exploration in North America. We are excited to have a prospective land package in the region. We are looking forward to being able to get back on the ground with more data following our geophysics program to conduct a renewed and focused exploration program.”
The company intends to conduct an exploration program on the Hellcat claim block, with an initial prospecting program on the new claims, in the early spring.
Under the acquisition of 154 hectares of the new claims, the company will pay $6,000 in cash and issue 200,000 subordinate voting shares to Donovan Explorations Ltd.
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 2.70 per cent, trading at C$0.18 per share as of 10:50 am ET.
