Infield Minerals Receives Drilling Permit and Retains Drilling Contractor FOR Upcoming Campaign at Desperado
1 | Infield Minerals Corp.
1600 – 609 Granville Street
Vancouver, BC V7Y 1C3
INFIELD MINERALS RECEIVES DRILLING PERMIT AND RETAINS DRILLING CONTRACTOR
FOR UPCOMING CAMPAIGN AT DESPERADO
June 6, 2022 – Vancouver, BC, Canada. Infield Minerals Corp. (TSX-V: INFD) (“Infield” or the “Company”)
is pleased to announce that it has received a Notice of Intent (“NOI”) permit from the B ureau of Land
Management for drilling at its 100% owned Desperado property (“Desperado” or the “ Property”) in
Nevada. The Company has retained the services of Midnight Sun Drilling for the upcoming campaign ,
which is expected to commence in July 2022. Construction of access roads and drill pads are planned to
proceed imminently in preparation for drill mobilization.
Highlights
• NOI permit and drilling contract in place to commence the Company’s inaugural drilling of
Desperado in July 2022
• Eight to ten priority targets to be tested for gold-silver mineralization with approximately 2,000
metres of reverse circulation (“RC”) drilling
• Compelling targets developed by Infield through systematic exploration and modern techniques,
are obscured by cover and thus remain untested by previous operators
The 2022 campaign represents the first drilling at the Property in recent decades and is pl anned to test
eight to ten priority targets outlined through systematic exploration. The program consists of
approximately 2,000 metres of RC drilling from up to eight permitted drill sites . Priority targets include
buried lithological contacts and structural features identified using modern exploration techniques.
“Over the past year, we have progressed the Desperado project from an early stage prospect to a drill
ready status. Our systematic exploration process has identified multiple anomalous tre nds that are
prospective for gold and silver, and we are extremely excited to drill test them,” stated Evandra Nakano,
President and CEO of Infield. Ms. Nakano continued, “Several of our prospective targets are under cover,
providing opportunities for discovery in areas overlooked by historical miners.”
Hydrothermal Footprint
The Property hosts a large clay alteration footprint covering an area of over 6 km by 4 km, suggesting that
a sizeable hydrothermal system existed during mineral emplacement . The clay alteration was detected
using an Aster image spectral interpretation, and the prospective ground was further investigated during
subsequent field visits in 2021. Sixty rock grab samples were collected and evaluated usi ng a Terraspec
Spectrometer, which confirmed the presence of hydrothermal clay minerals such as illite, alunite, kaolinite
and minor dickite. The clay altered rocks underlying the Property host several illite-kaolinite associations
typical of the low sulphidation epithermal environments common in the nearby Tonopah area and along
the Walker Lane trend of Nevada . Significant potential exists across the Property given the productive
host environment and scale.
Gold and Silver Distribution
Extensive artisanal mining was conducted in the area during the early 1900s , demonstrating that
mineralization was found widely distributed among the clay altered areas . More than one hundred
2 | Infield Minerals Corp.
historical workings identified on the Property represent sites where high-grade gold and silver were likely
extracted. Sampling of remaining wall rock material from historical mine dumps confirms the presence of
anomalous mineralization at or near contacts between andesite and rhyolite where silicifie d structures
are enriched in sulphides (primarily pyrite).
Figure 1: Desperado property map showing permitted drill site locations with alteration, rock samples and
historical workings.
(1)See the Company’s news release dated March 2, 2022, for reference information.
Target Potential
Historical operators typically exploited formations that were either outcropping or near surface , leaving
behind significant potential in areas under cover . Modern exploration techniques, such as induced
polarization (“IP”) and magnetic geophysical surveys, have been used by Infield to target prospective
contacts and structures that are buried under layers of desert gravel and thus have never been previously
tested. The chargeability highs associated with some of the se targets may represent an increase in
sulphide content which is linked to gold and silver mineralization in the area. In the western part of the
Property, several historical mine shafts have been observed to extend down mineralized faults. These
faults, along with several others, correspond well with the magnetic survey results obtained by Infield in
2021. Fault intersections may represent zones of dilation that are conducive to mineral emplacement,
and therefore form strong targets with potential to host considerable concentrations of mineralization.
3 | Infield Minerals Corp.
Figure 2: Desperado property map showing proposed drill holes with chargeability and IP anomalies.
The Company believes that Desperado is well positioned within favourable rocks ov erlain by a large
hydrothermal alteration footprint indicating the potential for a sizable epithermal system, that recent
sampling and historical workings demonstrate that the system is mineralized, and that the strongest
targets on the Property are obscured by cover and remain untested.
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.
4 | Infield Minerals Corp.
www.infieldminerals.com
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, circumstances 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 accordance with applicable securities
laws.