Infinite Acquires Eastern Vision Property IN the Red Lake District, Canada
Suite 1240, 789 West Pender St. Vancouver, British Columbia
Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988
INFINITE ACQUIRES EASTERN VISION PROPERTY IN THE RED LAKE
DISTRICT, CANADA
December 2, 2019, Vancouver, BC, Canada – Infinite Lithium Corp. (“ILI” or th e “Company”) ( ILI-TSX:V) is
pleased to announce that the Company has acquired 5 claims comprising 80 units and 1,425 hectares, known as the
“Eastern Vison” property, approximately 20 kilometers due east of the eastern boundary of Great Bear Resources
Corp.’s (GBR – TSX:V) Dixie Project located in the Red Lake District of Ontario . Great Bear is an industry
exploration leader with multiple gold discoveries along a 3.2 -kilometre stretch of the 18 -kilometre-long LP fault
target, with a 90,000-metre drill program in progress and fully financed drill program.
The Eastern Vision property straddles a projected east -west feature, interpreted as a fault zone with multiple
volcanogenic massive sulphides (“VMS”) known to occur north of the Eastern Vision property. The Eastern Vision
property is approximately 25 kilometers east-north-east of the active drilling by BTU Metals Corp.(“BTU”) on the
recently reported “TNT” VMS target.
ILI director Gerhard Jacob, M Sc, states: "We are pleased to acquire this strategic property, in a district with an
exciting new gold discovery by GBR on the Dixie prope rty, and excellent potential for base and precious metal
VMS mineralization. The Company’s management and consultants have extensive experience in this area of Ontario
and these types of deposits."
The Company is acquiring a 100% interest in the claims com prising the Eastern Vision property from an arms-
length vendor through cumulative payments of CDN $72,000 in cash, and the share issuance of 800,000 shares,
over a three (3) year period. The vendor retains a 1.5 % Net Smelter Royalty (“NSR”), 50% of which is purchasable
by ILI for $1,000,000 at any time.
Mr. Kelly Malcolm, P.Geo, is the qualified person as defined by National Instrument 43 -101 who has examined
and described the geological information available form public sources related to the property. and is responsible
for reviewing and approving the technical contents of this press release.
About Infinite Lithium Corp.
Infinite Lithium is a junior mining exploration company focused on seeking and acquiring world -class mining
exploration projects globally for the benefit of its stakeholders.
ON BEHALF OF THE BOARD
“John Masters”
John Masters, Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future
performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s
current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned
that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause
future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as
required under applicable securities legislation, the Company does not assume any ob ligation to update or revise them to reflect new
events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements
and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).