Bullboard - Stock Discussion Forum Imagine Lithium Inc. V.ILI

Alternate Symbol(s): ARXRF

Metals & Mining Industrial Metals & Minerals

Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in... see more

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TSXV:ILI - Post Discussion

Imagine Lithium Inc. > MANAGEMENT OF ILI HAVE CHOSEN THE CONFEDERATION NORTH

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Post by HHHAPPY on Jan 12, 2021 8:48am

MANAGEMENT OF ILI HAVE CHOSEN THE CONFEDERATION NORTH

OF RED LAKE AS A MAJOR AREA TO EXPLORE FOR GOLD, SILVER AND COPPER.
The major exploration will begin in the coming months. This will be a critically important project for the future of the company.
As always wait for the assays of the drilling to be confident as to the values. Visuals can be deceiving. Keep everything crossed in hopes of success.
"Infinite Ore Corp. (the "Company") (TSXV:ILI)(OTCQB:ARXRF) is pleased to announce that it has identified multiple potential gold, copper and silver anomalies from its Spaciotemporal Geochemical Hydrocarbon ("SGH") survey conducted on a portion of its Confederation North property. SGH surveys have been used successfully in the Red Lake area to locate gold anomalies under till cover, most notably by Great Bear Resources Ltd. at the LP Fault, Dixie Limb, and Hinge zones on their Dixie property.

Results from the 443-sample survey indicate the covered area contains at least two gold anomalies accompanied by copper and silver anomalies that are potential targets for drilling (see Figures 1 to 4). The anomalies are located immediately to the north of gold showings and SGH gold anomalies reported by Portofino Resources Inc. Actlabs, who analyzed the survey, describes the SGH survey as a procedure that provides a highly focused and sensitive method which measures organic compounds in the C5-C17 range in concentrations down to the low parts-per-trillion (ppt) onto near surface samples, in this case tills. The analysis can detect signatures associated with the presence of buried mineralized bodies such as orogenic gold and VMS.

JC St-Amour, President of Infinite Ore, commented: "We are pleased that the results of the SGH survey has provided gold, silver and copper anomalies that may constitute drill targets. The presence of gold anomalies detected by a SGH survey conducted by Portofino Resources and tied to significant gold values in bedrock showings increase our confidence in the current survey. Infinite Ore plans on using the results of both the SGH survey and the new VTEM survey to identify major structures on the property and to add targets to our drill program scheduled to begin in the coming weeks.
The company's VTEM survey on its red Lake properties has resumed and is approximately 40% complete, with results expected in late January. More information will be released in the coming weeks."

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