Infield Minerals Announces Exploration Results from the 2022 Desperado Drilling Campaign
1 | Infield Minerals Corp.
1600 – 609 Granville Street
Vancouver, BC V7Y 1C3
INFIELD MINERALS ANNOUNCES EXPLORATION RESULTS
FROM THE 2022 DESPERADO DRILLING CAMPAIGN
September 9, 2022 – Vancouver, BC, Canada. Infield Minerals Corp. (TSX-V: INFD) (“Infield” or the
“Company”) announces exploration results from the 2022 drilling campaign at its 100% owned Desperado
gold-silver property (“Desperado” or the “Property”) in Nevada. The Company commenced drilling in July
and completed the program in August of 2022 for a total of 1,517.9 metres of reverse circulation (“ RC”)
drilling across ten drill holes. All assay results from the program have now been received by the Company.
Highlights
• 1,517.9 metres of RC drilling completed across ten drill holes at Desperado in 2022
• Drilling results returned 0.5 6 g/t gold and 2.6 g/t silver over 1.5 2 metres in hole DP22-09, and
several additional anomalous 1.52-metre sample intervals above 0.1 g/t gold in other holes
• The Company is focused on delivering value to our shareholders and continues to evaluate new
opportunities
“The data obtained from the Desperado drilling campaign provides important information about the
subsurface rocks, which can lead to a bette r understanding of the geological framework and exploration
potential for the area,” stated Evandra Nakano, President and CEO of Infield. Ms. Nakano continued, “As
a priority initiative, we continue to assess quality project opportunities that could augmen t our portfolio
and benefit our shareholders. Infield offers a solid foundation for potential consolidation of exploration
and development assets, including a positive cash position, strongly held insider ownership, and an
experienced technical and management team.”
The 2022 Desperado drilling campaign was designed to test lithological contacts and structural features
for epithermal style mineralization . Many of these features are obscured by desert gravel and were
interpreted by Infield using geophysical techniques to “see” under cover. The ground magnetics (“Mag”)
and induced polarization (“ IP”) geophysical surveys completed by Infield in 2021 identified more than
forty anomalous IP trends, from which a selection was prioritized for drill testing. Locations for the ten RC
holes drilled by Infield at Desperado are shown in Figure 1.
Several of the selected targets exhibited chargeability highs within lithological contact zones. Drilling of
these targets intersected wide zones of up to 20% disseminated pyrite within intensely clay altered
rhyolite near contact zones with andesite, corresponding with the chargeability anomalies. Similarly,
other targets tested on the property inter sected structural features enriched in pyrite. Gold and silver in
the area is known to occur in the types of rocks targeted in this campaign, however, only minor amounts
of precious metals were returned from the RC rock chip sample s that were submitted to the laboratory
for analysis. Drill hole collar information is provided in Table 1 and a summary of drill hole intersections is
presented in Table 2. Further review of the drilling data in context to the geological environment and
additional studies would be required to better underst and the potential of additional targets at
Desperado.
2 | Infield Minerals Corp.
Figure 1: 2022 Desperado drill hole location map showing IP anomalies
Table 1: 2022 Desperado drilling campaign collar information
Hole ID Easting
(NAD83Z11)
Northing
(NAD83Z11)
Elevation
(m)
Depth
(m) Azimuth Dip
DP22-01 522800 4215826 1965 99.06 200 -45
DP22-02 522600 4215975 1970 92.96 200 -45
DP22-02A 522603 4215964 1970 173.74 200 -45
DP22-03 522047 4216409 1985 161.54 180 -45
DP22-04 521615 4216681 2000 193.55 180 -50
DP22-05 521505 4216308 2015 182.88 150 -45
DP22-06 520246 4217182 1985 141.73 260 -45
DP22-07 520251 4217177 1985 129.54 135 -45
DP22-08 521798 4216399 2015 160.02 360 -45
DP22-09 521796 4216398 2015 182.88 270 -45
Total 1517.90 (4,980 ft)
3 | Infield Minerals Corp.
Table 2: Summary of intersections from the 2022 Desperado drilling campaign
Hole # From (m) To (m) Length (m) Au (g/t) Ag (g/t)
DP22-02 39.62 41.15 1.52 0.11 <0.2
DP22-02 51.82 53.34 1.52 0.11 <0.2
DP22-04 137.16 141.73 4.57 0.02 2.1
DP22-07 42.67 50.29 7.62 0.01 3.4
DP22-07 124.97 126.49 1.52 0.11 2.4
DP22-08 97.54 102.11 4.57 0.05 3.4
DP22-09 124.97 126.49 1.52 0.56 2.6
DP22-09 179.83 182.88 3.05 0.09 4.7
*Note: Depths in metres have been converted from feet and may not correspond to the interval lengths
due to rounding.
The 522 RC rock chip samples collected by Infield in July and August, 2022, were prepared and analysed
by American Assay Laboratories in Sparks, Nevada, for fire assays (Au -FA-PB30- ICP), Ag-Grav Ag30 and
multi-element geochemical analysis (ICP -2AO36). American Assay Laboratories is an independent
geochemical analytical testing laboratory which is ISO-17025 accredited by IAS.
The Company has an ongoing initiative of growing and delivering value through discovery, acquisitions
and sustainable development of high quality, high potential assets. As such, Infield regularly evaluat es
exploration and development assets with a view of expanding and evolving our project portfolio.
Qualified Person
Technical information in this news release has been reviewed and approved by Richard Dufresne, P.Geo.,
Vice-President Exploration for Infield Minerals Corp., and a Qualified Person for the purposes of National
Instrument 43-101.
The potential quantity and grade of mineralization described herein is conceptual in nature as there has
been insufficient exploration to define a mineral resource and it is uncertain if further exploration will
result in targets being delineated as a mineral resource.
For more information, please contact Evandra Nakano, the CEO, President and a director of the Company,
at +1 (604) 220-4691 or email: [email protected].
On Behalf of the Board of Directors of Infield Minerals Corp.
Evandra Nakano
President, CEO & Director
ABOUT INFIELD
Infield Minerals is currently exploring for gold and silver in mining-friendly Nevada. Our mission is to grow
and deliver value through discovery, acquisitions and sustainable development of high quality, high
potential assets for the social and economic benefits of our stakeholders . Founded in 2020, Infiel d is led
by a team of mining entrepreneurs with extensive technical and resource evaluation experience.
www.infieldminerals.com
4 | Infield Minerals Corp.
Neither 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
Statements included in this announcement, including statements concerning Infield’s plans, intentions and expectations, which
are not historical in nature, are intended to be, and are hereby identified as, “forward‐looking statements”. Forward-looking
statements include, among other matters, the exploration plans for the Desperado property. Forward‐looking statements may be,
but are not always, identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar
expressions. Infield cautions readers that forward‐looking statements, including without limitation those relating to Infield’s future
operations and business prospects, are subject to certain risks and uncertainties (including geopolitical risk, regulatory, COVID-19
and exchange rate risk) that could cause actual results to differ materially from those indicated in the forward‐looking statements.
There can be no assurance that any forward -looking statement will prove to be accurate or that management's assumptions
underlying such statements , including assumptions concerning future developments, circumstanc es or results, will materialize.
The forward-looking statements included in this news release are made as of the date of this new release and Infield does not
undertake to update or revise any forward -looking information included herein, except in accordan ce with applicable securities
laws.