Management moving forward on winter exploration plans.Hopefully will provide some significant results towards gold finds.
Infinite Ore Corp. (the "Company") (TSXV:ILI)(OTCQB:ARXRF) is pleased to announce that it has added to its Easter Vision holdings through the acquisition of a 100% interest in 7 claims. The claims are contiguous to and located within the Company's Confederation North Property (see Figure 1). Confederation North is located on the Birch-Uchi greenstone belt approximately 40 km east of the town of Red Lake Ontario and 20 km East of Great Bear Resources Ltd.'s Dixie p
In addition, the Company has completed a Spaciotemporal Geochemical Hydrocarbon ("SGH") survey on a portion of its Confederation North property and a VTEM survey on the property is approximately 38% complete and is expected to resume this week, with results expected in January. The Company plans to incorporate relevant information from both surveys to add gold targets to its VMS targets for the upcoming winter drill program. Results of the analysis will be released in the coming weeks.
Infinite Ore acquired the claims through payments to an arms-length party of $7,000 cash and 100,000 common shares. The vendor retains a 1.5% Net Smelter Royalty which can be bought back for $1.5 million at any time.
Qualified Person
The technical content of this news release was approved by Michel Boily, PhD, P.Geo, an Independent Qualified Person as defined by the National Instrument 43-101.
About Infinite Ore Corp.
Infinite Ore is a junior mining exploration company focused on seeking and acquiring world-class mineral projects. The company is earning into a large land package with the potential for VMS and gold mineralization in the Confederation Lake assemblage belt near Red Lake, Ont. The company also holds the Jackpot lithium property located near Nipigon, Ont.