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Bullboard - Stock Discussion Forum Infinity Stone Ventures Corp. C.GEMS

Alternate Symbol(s):  GEMSF

Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include HealthCheck and energy metals portfolio.

CSE:GEMS - Post Discussion

Infinity Stone Ventures Corp. > Infinity Stone Discovers 15.5% Copper from New Zone at Zen-W
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Post by AveragePenny on Sep 16, 2022 10:45am

Infinity Stone Discovers 15.5% Copper from New Zone at Zen-W

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2022) - Infinity Stone Ventures Corp. (CSE: GEMS) (OTC Pink: TLOOF) (FSE: B2I) (the "Company" or "Infinity Stone") is pleased to announce that its technical team has identified a new zone and received a new round of assays for its Zen-Whoberi Project (the "Property"), with one grab sample grading 15.5% copper, during its presently ongoing reconnaissance program, most recently reported on August 12, 2022(1).

New Zone with 15.5% Copper Identified

During the Company's ongoing reconnaissance program over the past month, the technical team has identified a new zone which has yielded high-grade copper results, along with anomalously high gold, silver, nickel, and cobalt in grab samples.

The Company has received assays for samples taken at the newly discovered Centauri Zone. Out of a total of three samples taken at this zone, one sample of mineralization returned grades of 15.5% Cu, 14.9g/t Ag, 0.40g/t Au, 0.114% Ni, and 216ppm Co. The other two samples taken from the newly-identified zone yielded 2.12% and 0.70% Cu. *

The results were obtained from grab samples collected in a new stripped area which targeted a strong anomalous copper zone that was obtained from the detailed soil sampling survey undertaken earlier this summer (reported on August 12, 2022). The soil anomaly was also coincident with a magnetic anomaly. The Centauri Zone is located 250 metres east of the Cran-Bornite showing.

The Centauri Zone was stripped in late August 2022. The stripped area measures about 15-20 metres long by 5-7 metres wide and revealed a rusty and folded quartz feldspathic gneiss. The gneiss is medium to coarse grained and has a dark grey colour. It is mainly composed of blue-colored quartz with minor quantities of feldspar, biotite, and diopside. It is locally magnetic and contains about 5% sulphides consisting of pyrrhotite, chalcopyrite and bornite. Mineralisation is mostly disseminated within the gneiss, but can also appear as chunks near the contact with a carbonatite dyke that crosscut the gneiss at the southwest end of the stripped area.

Further work will attempt to determine if the presence of carbonatite dikes played a role in the mineralization process, which may have served as a conduit for the circulation of deep-seated mineralized fluids.

Other stripping work is presently underway in an additional anomalous zone determined from the soil sampling.

https://www.newsfilecorp.com/release/137395

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