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Infinity Stone (CSE:GEMS) provides drilling update on Rockstone Graphite Project

Mining
CSE:GEMS
14 November 2022 11:10 (EDT)

Source: Infinity Stone Ventures Corp.

Infinity Stone (GEMS) provided an update on its fall drill program at the Rockstone Graphite Project.

The company has completed the drilling of RS-22-01, a twin of historic GC-12-01.

Within RS-22-01, a 3 metre massive to semi-massive graphite lens was intercepted. This graphite lens occurs within a wider 25 metre pyrrhotite-chalcopyrite-pyrite interval hosting lesser graphite amongst the sulfides.

Source: Infinity Stone Ventures Corp.

The company anticipates that it will complete the drill program with the RS-22-03 step out drill hole by November 18, 2022.

The Rockstone Graphite Project is positioned to meet the growing graphite deficits that are expected to persist through 2025.

Rockstone is located 45 km west of the seaway port of Thunder Bay, Ontario, Canada.

Graphite is a key mineral in the production of EV battery cells. Approximately 1.2 kg of graphite per kWh of energy capacity is required for modern EV battery cells. 

Infinity Stone is a technology company developing and delivering SaaS solutions for the public and private sectors. Its mission is to be a diversified, single-source supplier of critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio.

Infinity Stone Ventures Corp. (GEMS) is unchanged trading at $0.22 per share at 10:55 am ET.


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