antman
3 years ago
Closed at .115 cents- also big volume on Friday at 3.5 million this is the highest volume in many months-
Logical with lithium being so in demand nowadays- Very good for Infinite Ore! Expecting the market cap of this junior with a deposit to keep going higher in valuation,
Here is the recent exploration activity plan:
"The Company recently mobilized a ground crew to sample target areas on its Jackpot lithium project. The areas of interest were generated from a recent high resolution geophysical survey completed on the Jackpot property. The survey, conducted by Novatem Airborne Geophysics, identified several east-west trending anomalies that reflect structures like that of the Jackpot lithium deposit itself.
The ground crew sampled spodumene bearing pegmatites more than 300 m north-east of the 2018 drilling area. The pegmatites were observed over a strike length of approximately 900 m and appear to continue under cover to the north-east and under a small lake to the south-west. Infinite Ore is designing a drill program to test extensions of the Jackpot lithium deposit.
J.C. St-Amour, President of Infinite Ore commented, "I am very pleased that we have identified pegmatite dykes outside the known Jackpot historical deposit area. These dykes appear to have extensive strike length and represent excellent targets for follow up exploration."
Press Release
antman
4 years ago
"J.C. St-Amour, president of Infinite Ore, commented: "We are excited to see the drills turning on the Confederation North property and are anxious to see the results. Access to the property and logistics are very good and so I anticipate an efficient drilling program."
The company is earning into the Eastern Vision project, which consists of the Fredart, Garnet Lake, Confederation North and Confederation South properties. Past exploration has focused on VMS (volcanogenic massive sulphide) targets within the Confederation Lake assemblage near Red Lake, Ont. The Garnet Lake properties hold National Instrument 43-101-compliant inferred mineral resources of 2.1 million tonnes grading 5.78 per cent zinc, 0.72 per cent copper, 19.5 grams per tonne silver and 0.6 g/t gold. The Fredart property contains a historical resource of 386,200 tonnes grading 1.56 per cent Cu and 33.6 g/t Ag (1)."
Full Press Release