- Infinity Stone Ventures (GEMS) has acquired the Shorty West Lithium Project adjacent to Li-FT Power’s Yellowknife Pegmatite Project
- The Shorty West Lithium Project totals approximately 410 hectares across two claim blocks
- The Shorty West Project boundary is approximately 83 metres from the Hi (Shorty) pegmatite on LiFT’s Yellowknife Lithium Project, which has returned an average of 1.07 per cent Li2O from channel sampling
- The company is acquiring a 100 per cent interest in and to the Project upon paying $17,500 in cash and issuing 600,000 subordinate voting shares to the project vendor
- Infinity Stone Ventures is building a diversified energy metals supply for the clean energy revolution alongside its established SaaS solution portfolio
- Infinity Stone (GEMS) opened trading at C$0.29
Infinity Stone Ventures (GEMS) has acquired the Shorty West Lithium Project adjacent to Li-FT Power’s Yellowknife Pegmatite Project.
The Shorty West Project is located directly adjacent to Li-FT Power Ltd. Yellowknife Lithium Project. Historic channel sampling has produced average grades from 1.10 – 1.59 per cent Li2O over widths of 7 to 40 metres. Strike extents of pegmatites visible on surface are 100 to 1,800 metres.
The Shorty West Project boundary is approximately 83 metres from the Hi (Shorty) pegmatite on LiFT’s Yellowknife Lithium Project, which has a mapped surface area of 17,000m2 and has returned an average 1.07 per cent Li2O from channel sampling.
The company plans to conduct further exploration and analysis to assess the Shorty West Project’s potential.
The company has also acquired claims, totalling approximately 354 hectares, adjacent to the Company’s Zen-Whoberi Project in Quebec under the same agreement.
Zayn Kalyan, CEO of Infinity Stone, commented on the acquisition.
“We are excited about the potential of the Shorty West Project and plan to conduct further exploration and analysis to fully assess the Project’s potential. The proximity to Li-FT Power’s project and their high-grade results from historic channel sampling give us confidence in the potential of the Shorty West Project. We look forward to updating shareholders on our plans for the Project as more information becomes available.”
The company is acquiring a 100 per cent interest in and to the Project upon paying $17,500 in cash and issuing 600,000 subordinate voting shares to the project vendor. The shares are subject to a statutory 4-month hold period.
Infinity Stone Ventures is building a diversified energy metals supply for the clean energy revolution alongside its established SaaS solution portfolio.
Infinity Stone (GEMS) opened trading at C$0.29.
