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

Alternate Symbol(s):  GEMSF

Infinity Stone Ventures Corp. is a Canada-based company. It is a diversified, single-source supplier for the critical energy metals alongside its established software as a service (SaaS) solution portfolio. It serves battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators. It has acquired 100% the Goldstone Project in Saskatchewan in the area... see more

CSE:GEMS - Post Discussion

Infinity Stone Ventures Corp > Infinity Stone Hits Massive Graphite
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Post by johnnygoldminer on Dec 06, 2022 8:05pm

Infinity Stone Hits Massive Graphite

 


 

Infinity Stone Hits Massive Graphite on Second Rockstone Step-Out Hole


Highlights
  • Infinity Stone has completed drilling of the RS-22-04 step out drillhole
  • RS-22-04 intersected 10.9 metres of semi-massive to massive graphite in addition to 8.8 metres of semi-massive to massive sulphides
  • The total known strike length of the Rockstone graphitic unit is now approximately 80 metres and remains open along strike
Vancouver, British Columbia--(December 6, 2022) - Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), is pleased to provide an update on its Fall drill program (the "Fall Drill Program") on the Rockstone Graphite project located near Thunder Bay, Ontario ("Rockstone" or the "Rockstone Graphite Project").
The Company has completed the drilling of RS-22-04, collared 15 metres to the northeast of RS-22-03. RS-22-04 is a step-out of the GC-12-01, RS-22-01, and RS-22-03 holes.
RS-22-04 intersected a 10.9-metre interval of semi-massive to massive graphite from 86.0 to 96.9 metres, directly adjacent to 8.8-metre interval of massive sulphides from 77.2 to 86.0 metres, successfully extending the previously-announced graphite zone identified in RS-22-03, northward. The total known strike length of the Rockstone graphitic unit is now approximately 80 metres and remains open along strike. Early observations suggest that the massive sulphide horizon represents VMS-type mineralization.
Rockstone hosts 18 additional high-priority drill-ready VMS-type EM (electromagnetic) targets generated by Maxwell Modelling of data derived from the 2007 Sabina VTEM survey. All additional targets are highly prospective for both graphite and VMS-hosted metals. Additional targets north of the original claim block are presently being modelled for drilling parameters.
"We are very pleased to hit mineralization in the second step-out hole of our Fall Drill Program. With a better understanding of the structure now we will be able to make a better determination as to next steps in the exploration of Rockstone," said Zayn Kalyan, CEO of Infinity Stone. "Immediate next steps will likely include conducting downhole geophysics, as well as additional drilling of previously identified drill targets. With both the assays from drill core from this program, and the current metallurgical program underway at SGS, there are many near term catalysts in the pipeline," furthered Mr. Kalyan.

About Rockstone Graphite Project
The Rockstone Graphite Project is located 45 km west of the seaway port at the City of Thunder Bay, Ontario Canada. The Project has excellent access by logging haul roads that connect to paved/gravel roads with nearby railways and a shipping port. Based upon the reprocessed Versatile Time Domain Electromagnetic (VTEM) survey completed by Sabina Silver Corporation in 2007, there are 18 drill-ready electromagnetic targets. Greencastle's drilling in 2012 consisted of 4 diamond drillholes (916 metres). Diamond drill hole GC-12-01 intersected a 24 metre interval averaging 0.82% zinc and 0.15% copper within a graphitic argillite unit. Analysis of the pulps for the 24 metres returned a value of 25% Cg (graphitic carbon) using a LECO analytical procedure. Rockstone graphite morphology appears to be highly-ordered hexagonal graphite crystallites and crystallite agglomerates, likely formed by hydrothermal activity at a formation temperature of 702C.

Qualified Person
Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a "Qualified Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Company.

About Infinity Stone Ventures
Infinity Stone's mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.
To register for investor updates please visit https://infinitystone.ventures.
Connect with Infinity Stone

Email | Website | Facebook | LinkedIn | Twitter | Instagram |
Infinity Stone Contact
Zayn Kalyan
CEO and Director
Direct: 778-938-3367
zayn@altuscapital.ca
 

 

Comment by gamer007 on Dec 06, 2022 10:30pm
This market needs to get over it's tax loss blues..................as GEMS is going to rock in the new year! Great Graphite results.................a serious deposit being outlined ! PMET is trading for the first day ever on the ASX as we speak,  at 10.50 CDN moola.........they will be turning the jets on with a backlog of assays in the next few months..............translates into the ...more  
Comment by cantlose22 on Dec 07, 2022 2:12am
This post has been removed in accordance with Community Policy
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