Infinite Ore Conducts High Resolution Mag Survey on Jackpot Lithium Project and Attends Mines and Money Conference
Infinite Ore Conducts High Resolution Mag Survey
on Jackpot Lithium Project and
Attends Mines and Money Conference
March 24, 2021 Vancouver, BC, Canada – Infinite Ore Corp. (the “Company”) (TSX-
V:ILI) (OTCQB:ARXRF) is pleased to announce that it has commenced a magnetic
survey on the Jackpot Lithium project. Novatem Airborne Geophysics is on site and
flying the survey this week with results expected in the coming weeks . The goal of
the survey is to identify structures on the property that would assist in locating high
priority lithium targets for future drilling in order to add to the existing historical
resources. The property contains know n pegmatite showings , including two that
contain historical resources of 2 million tons at 1.09% Li2O and 750,000 tons at 1.38%
Li2O*. In addition, Infinite is pleased to be attending the Mines and Money Online
Connect conference this week. https://minesandmoney.com/online/ The company
will be meeting with various institutional and private investors.
J.C. St -Amour, President of Infinite Ore commented, “This high -resolution mag
survey, flying at a 25m line spacing, is expected to assist us in identifying additional
pegmatite dikes, focusing our exploration efforts on high priority targets within our
large land package. This survey will provide valuable data that adds immediate value
to the property and is money well spent in advance of additional exploration.”
The Company’s 100% owned Jackpot pr oject is located in close proximity to the
Georgia Lake lithium deposit, for which Rock Tech Lithium Inc. recently announced
its intent to develop a lithium sulphate production facility located in Thunder Bay,
Ontario.
Figure 1: Location of Jackpot Project relative to Rock Tech’s Georgia Lake Project.
Qualified Person
The technical content of this news release was approved by Michel Boily, PhD, P.Geo,
an Independent Qualified Person as defined by the National Instrument 43-101.
* The estimates presented above are treated as historic information and have not been verified or relied
upon for economic evaluation by the Company. These historical mineral resources do not refer to any
category of sections 1.2 and 1.3 of the NI -43-101 Instrument such as mineral resources or mineral
reserves as stated in the 2010 CIM Definition Standards on Mineral Resources and Mineral Reserves. The
explanation lies in the inability by the C ompany to verify the data acquired by the various historical
drilling campaigns. The Company as not done sufficient work yet to classify the historical estimates as
current mineral resources or mineral reserves.
About Infinite Ore Corp.
Infinite Ore is a junior mining exploration company focused on seeking and acquiring
world-class mineral projects. The company is earning into a large land package with
the potential for VMS and gold mineralization in the Confederation Lake assemblage
belt near Red Lake, Ont. The company also holds the Jackpot lithium property located
near Nipigon, Ont.
ON BEHALF OF THE BOARD
“J.C. St-Amour”
J.C. St-Amour, President
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 STA TEMENTS: 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 obligation to update or revise them to reflect new event s or
circumstances. All 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).