Infinitum Copper Announces Closure of Hot Breccia Transaction with Prismo Metals
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INFINITUM COPPER ANNOUNCES CLOSURE OF HOT BRECCIA
TRANSACTION WITH PRISMO METALS
VANCOUVER, BC / ACCESSWIRE / February 22, 2023 / Infinitum Copper Corp. (TSXV: INFI,
OTCQB: INUMF) (“Infinitum” or the “Company”) is pleased to announce the successful closing of the
previously announced transaction with Prismo Metals Inc. (CSE: PRIZ, OTCQB: PMOMF) (“Prismo”) with
respect to Hot Breccia porphyry copper-skarn project (“Hot Breccia”) located in the Arizona Copper Belt.
In accordance with the agreement, Infinitum has now received CA$350,000 cash and 500,000 Prismo
shares. Prismo will now complete CA$5,500,000 of exploration work over the next five years following
which Prismo and Infinitum will enter into a 75:25 joint venture.
“Infinitum is pleased to announce receipt of the cash and share component of the Hot Breccia transaction
from Prismo metals. The successful closing of this transaction now allows Infinitum to focus on its high-
grade district scale La Adelita project in Sonora, Mexico. Our 2022 drilling program produced some truly
impressive results including 32.25m of 1.74% CuEq from 36.65m (AD -22-0019). When combined with
equally impressive historic drilling results , it has become evident that this is a project that demands our
full attention,” commented Matt Hudson, CEO of Infinitum Copper . “The transaction with Prismo allows
us to focus our resources on La Adelita while still retaining considerable upside exposure to Hot Breccia
for our shareholde rs through our 25% joint venture stake. Prismo recently announced that exploration
work at the Hot Breccia project will begin quickly, and they expect to be drilling before the end of the
year. We look forward to collaborating with them in the years ahead.”
On Behalf of the Board of Directors of
INFINITUM COPPER CORP.
Matt Hudson
Chief Executive Officer
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.
About Infinitum Copper
Backed by a strong team of industry veterans, Infinitum Copper is advancing La Adelita project, where the
Company has an option to earn an 80% interest. The high-grade copper-silver-gold La Adelita Project is
located in Sonora and Sinaloa states in Mexico. La Adelita is a Carbonate Replacement Deposit located in
a mineralized district with a rich history. Infinitum Copper also has an option to earn 25% interest in the
Hot Breccia project in the heart of the Arizona Copper Belt about 90km north of Tucson, AZ. The Hot
Breccia project is prospective for porphyry copper and copper skarn mineralization.
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Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward -looking information” within the meaning of Canadian securities
legislation. The forward-looking information contained in this press release represents the expectations
of the Company as of the date of this press release and, accordingly, is subject to change after such date.
Forward-looking information is based on, among other things, opinions, assumptions, estimates and
analyses that, while considered reasonable by the Compan y at the date the forward-looking information
is provided, are inherently subject to significant risks, uncertainties, contingencies and other factors that
may cause actual results and events to be materially different from those expressed or implied by th e
forward-looking information. The risks, uncertainties, contingencies and other factors that may cause
actual results to differ materially from those expressed or implied by the forward-looking information may
include, but are not limited to, risks generally associated with the Company’s business, as described in the
Company’s Filing Statement dated February 11, 2022. . Readers should not place undue importance on
forward-looking information and should not rely upon this information as of any other date. W hile the
Company may elect to, it does not undertake to update this information at any particular time except as
required in accordance with applicable laws.