Infinity Stone Ventures Corp (CSE:GEMS) announced a new regional gold discovery at its Rockstone graphite project near Thunder Bay, Ontario.
The company intersected 1.7 grams per ton of gold over 2 meters as part of its fall drill program. The interval of gold mineralization from 198 meters to the drillhole's final depth of 200 meters, the company said.
"The initial assay results from the fall drill program at Rockstone have given us greater understanding of the system and mineralization,” CEO Zayn Kalyan said in a statement. “With the new data we will be able to determine next steps with regard to additional drilling, as well as intending to conduct down-hole geophysics in the coming months.”
READ: Infinity Stone completes airborne geophysics at Zen-Whoberi project in Quebec
Infinity Stone's technical team is awaiting the remaining assay results from the drill program, and the company said it will publish consolidated data, including graphite mineralization, as soon as it’s available.
Infinity Stone’s mission is to be a diversified, single-source supplier of the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio.
Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com
Follow him on Twitter @andrew_kessel