Infinity Stone Ventures (CSE: GEMS) started off the month of August with a bunch of big updates.
Infinity Stone has named director and long-term shareholder Michael Townsend as its executive chairman as the company updated on current exploration efforts.
At its Buda pegmatite project, 50 kilometers from Thunder Bay in Ontario, the firm has been prospecting and sampling and has sent 55 samples to the lab and expects results in the coming weeks.
Meanwhile, at the Galaxy pegmatite project in Southern Quebec, Infinity Stone said it has mobilized an exploration team for prospecting, sampling, hand stripping, and channel sampling. Work will also include the collection of 150kg bulk sample for further metallurgical processing.
At the Zen-Whoberi copper, cobalt, platinum and palladium project in Quebec, the company said it has now received assays from the geochemical survey. The soil sampling program comprised around 1,000 soil samples on a 2 square km grid with 25-meter-spacings.
With the results received, Infinity Stone said it was now plotting the results on a geochemical map and completing the relevant assessment.
GEMS.c is currently trading at $.19, valued at $9.81 million
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