Infinite Lithium Discovers Four New Lithium Pegmatites at the Jackpot Project, Ontario – Lithium Mineralization Much More Extensive Than Originally Anticipated July 4 Th, 2018, Vancouver, BC, Canada – Infinite Lithium Corp. (“Infinite” OR the “Company”)
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Suite 1240, 789 West Pender St., Vancouver, British Columbia
Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988
INFINITE LITHIUM DISCOVERS FOUR NEW LITHIUM PEGMATITES AT THE JACKPOT
PROJECT, ONTARIO – LITHIUM MINERALIZATION MUCH MORE EXTENSIVE THAN
ORIGINALLY ANTICIPATED
July 4 th, 2018, Vancouver, BC, Canada – INFINITE LITHIUM CORP. (“Infinite” or the “Company”)
(TSX-V:ILI) (37NN–FRANKFURT) (OTCQB:ARXRF) is pleased to announce that an ongoing prospecting
and geological mapping program on the Jackpot Lithium property (the “Property”), located in the Georgia Lake
Area, Thunder Bay mining division, Ontario, has resulted in the discovery of multiple new lithium-bearing
pegmatite dikes. This work augments the ongoing diamond drill ing program in progress since December 2017,
focused on the Jackpot Main Zone (“JMZ”), where hole 29 (the 30th hole) has recently been completed. Drill core
assay results from holes J-17-01 and J-18-01 through 15, have been released (see news releases, April 18, 2018
and March 3, 2018), with additional drill core and surface sample (grab and channel) assays pending.
Latest assay h ighlights of the Company’s newly discovered lithium bearing pegmatite d ikes on the Property
include:
Slots Target: located approx. 340 metres northeast of hole J-18-04 on the JMZ, which returned 7.2 metres
averaging 2.47% lithium oxide (Li 2O), from 2.2 to 9.43 metres. Sixteen grab samples from the Slots
Target range from 0 to 6.26% Li2O, with the top seven samples assaying 0.29%, 2.36%, 2.57%, 4.53%,
4.68%, 5.76%, and 6.26% Li2O.
Dealer Target: located approx. 770 metres southwest of hole J-18-04. Six grab samples from this target
range from 0 to 2.41% Li2O, with the top three samples assaying 0.26%, 0.74%, and 2.41% Li2O.
Roulette Target: located approx. 370 metres west of hole J -18-04. Only two grab samples have been
returned to date, with 2.28% Li2O in each sample.
Casino Royale Target: located approx. 780 metres northwest of hole J -18-04, four grab samples range
from 0.09 to 4.33% Li2O; the top three grab samples assayed 1.91%, 3.04%, and 4.33% Li2O.
A total of 33 additional grab samples have been taken and are in the lab. Ongoing prospecting, geological
mapping, and ground truthing has confirmed the potential for lithium mineralization is much more
extensive than originally anticipated.
A third lithium-bearing pegmatite zone was also discovered in drill hole J -18-13, returning 5 metres of
3.02% Li2O ( from 232.65 to 237.65 m etres) which will be targeted as part of the ongoing drilling
program.
The Company is well financed to continue the current drilling program and expand the surface program, directed
at the completion of a maiden National Instrument 43-101 Technical Report and Mineral Resources Estimation,
later this year.
Michael England, president of Infinite Lithium, commented: "The recent discovery of additional surface
pegmatite occurrences represent high priority drill targets in the short term. While only limited samples have
been received to date, the lithium grades are significantly higher than the historic estimates of 1.09% Li2O
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(estimated in 1956 by the Ontario Lithium Company*). Our objective, to establish a larger and higher grade
maiden resource is progressing well."
The Company is also pleased to announce a significant increase in the size of the Jackpot Property, through the
staking of 12 cell block areas, representing 14 350.49 ha (143.50 sq-km). The entire Jackpot Property now totals
14 539.70 hectares which establishes Infinite as one of the largest land o wners in the Georgia Lake pegmatite
district.
The Company cautions investors that grab samples are selected samples and are not necessarily representative of
the mineralization on the Property.
The technical contents of this news release were approved by Dr. Scott Jobin-Bevans, P.Geo., a Qualified Person
as defined by the National Instrument 43-101. The properties have not been the subject of a National Instrument
43-101 report.
Infinite Lithium is a junior mining exploration company focused on seeking and acquiring world-class lithium
projects globally. Infinite Lithium continues to evaluate suitable prospects that fit the mandate of the company.
We seek Safe Harbor.
ON BEHALF OF THE BOARD
“Michael England”
Michael England, President, 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 Venture
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 uncerta inties
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 obligation to update or revi se them
to reflect new events or circumstances. All o f 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).