Infinity Stone Engages with LGC Standards for Pegmatite Bulk Sample Processing

Infinity Stone Engages with LGC Standards for Pegmatite Bulk Sample Processing

Highlights

  • Infinity Stone will provide LGC Standards with 150kg bulk sample of pegmatite material from its Galaxy Pegmatite Project, near Mont-Laurier, Quebec
  • Bulk sample will be shipped to LGC Standards for testing and processing into a Certified Reference Material (CRM)
  • Infinity Stone has sent multiple samples from the Project for assay recently and is currently active on the property with an expanded exploration program

Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company", "ISV" or "Infinity Stone"), is pleased to announce that it has engaged with LGC Standards to process a 150 kilogram bulk sample from its Galaxy Pegmatite Project (the "Project") which covers 9,423 hectares near Mont Laurier, Quebec, into Certified Reference Material ("CRM"). CRMs are used as reference samples by labs globally as standards for calibration of assay and testing equipment. LGC Standards intends to produce a homogenous batch of a Lithium Ore CRM from the Infinity Stone 150kg bulk sample.

In early September, the Company's field team was active in the extraction of a 150 kg bulk sample of pegmatite material from a high-priority target zone, which will be shipped to LGC Standards for analysis and processing into a CRM in the coming weeks.

"We are very pleased to be working with a leading producer of CRMs in the processing of pegmatite material from our Galaxy Project. LGC Standards is internationally recognized and has a wide network of customers and partners that are potential end-users of reference samples produced from the Galaxy bulk sample", said Zayn Kalyan, CEO of Infinity Stone.

The recent field reconnaissance on the Project has identified extensive outcropping of coarse-crystalline pegmatite dikes.

Infinity Stone has sent multiple samples from the Project for assay recently and is currently active on the Project with an extended program, including further sampling, trenching and blasting of the 30 identified pegmatites on the Project.

About CRMs

Providing reliable analytical results during analysis of unknown samples is based on the development of testing protocols rooted in the use of well characterized calibration/testing materials. In the field of geochemical analysis these materials are often referred to as Geochemical Reference Materials (GRMs). Because the rock composition may affect the analysis (matrix effect) it is important to have a variety of rock types produced as GRMs. In addition to matrix effects producers also face problems associated with accurate analysis and development of sufficient material to distribute to the scientific community for a number of years. The first issue is addressed by sending samples of new GRMs to reliable laboratories for testing. Using a variety of analytical techniques and experienced operators accredited laboratories typically produce results that are statistically consistent. The second issue of producing large quantities of homogeneous GRMs is a bit more difficult but protocols exist that when followed properly yield high quality/consistent materials.

About LGC Group

LGC is a leading, global life science tools company, providing mission-critical components and solutions into high-growth application areas across the human healthcare and applied market segments. Its high-quality product portfolio is comprised of mission-critical tools for genomics and for quality assurance applications, which are typically embedded and recurring within its customers' products and workflows and are valued for their performance, quality and range.

LGC's tools play a key role in customer workflows from discovery applications through to commercial manufacture and enable its customers to: bring new diagnostics and therapies to market; progress research and development; optimise food production; and continuously monitor and enhance the quality of food, the environment and consumer products.

LGC's 180 years of scientific heritage, combined with a track record of innovation and value-enhancing acquisitions, has enabled the company to build its product portfolio and expertise, and develop deep relationships with customers, industry partners and the global scientific community.

LGC's core purpose of Science for a Safer World and its core values of passion, curiosity, integrity, brilliance and respect, drive its culture. As of 31 July 2022, it employs over 4,100 employees, of which 27% hold PhD and/or master's degrees.​ Its products and services are delivered by highly qualified and experienced teams, operating from a global network of accredited sites that showcase its scientific and manufacturing capabilities.

For more information, please visit lgcgroup.com

Media contact
Julian Quigley
Media Relations and Social Media Manager
LGC
Julian.Quigley@lgcgroup.com
+44 20 8943 8491

About the Galaxy Pegmatite Project

The Galaxy Pegmatite Project covers 161 mineral claims covering 9,423 hectares in southern Quebec, as well as 22 additional pending claim applications located approximately 45 kilometres northwest of Mont-Laurier, Quebec and 140 kilometres north of the city of Gatineau, Quebec. There is excellent access to all parts of the Property from road La Vérendrye 13, via the Trans-Canada Highway (Hwy QC-117), which traverses roughly through the middle of the Property.

The Property is underlain by at least 30 pegmatite exposures representing 30 pegmatite dikes of Laurentian or more recent rocks of the Precambrian Grenvillian Series. The general strike of the formation is in a northwesterly direction with a near vertical dip. The five minerals associated with the pegmatites are lepidolite, columbite, samarskite, euxenite, and thorianite. The property is largely covered by quaternary till. Blasting and pitting has shown these pegmatites to have widths of 15 to 18 metres in outcrop. Analysis of the pegmatites shows anomalous quantities of lithium, tantalum, molybdenum, uranium, and thorium.

About Infinity Stone Ventures

Infinity Stone's mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.

To register for investor updates please visit https://infinitystone.ventures.

Connect with Infinity Stone
Email | Website | Facebook | LinkedIn | Twitter | Instagram |

Infinity Stone Contact
Zayn Kalyan
CEO and Director
Direct: 778-938-3367
zayn@altuscapital.ca

The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

Forward Looking Statements Disclaimer

This press release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "projects", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this press release are based upon what management of Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements may also be affected by risks and uncertainties in the business of the Company, including those described in the Company's public filings available on www.SEDAR.com. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142876

News Provided by Newsfile via QuoteMedia

GEMS:CNX
The Conversation (0)
CSE Bulletin: Consolidation - Infinity Stone Ventures Corp.

CSE Bulletin: Consolidation - Infinity Stone Ventures Corp.

Infinity Stone Ventures Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every two (2) pre-consolidated common shares.

As a result, the outstanding shares of the company will be reduced to approximately 44,507,230 common shares.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Infinity Stone Ventures Announces Consolidation of its Shares

Infinity Stone Ventures Announces Consolidation of its Shares

Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE:B2I) (the " Company " or " Infinity Stone "), announces it is consolidating all of its Class A Subordinate Voting shares ("Class A Shares") and Class B Super Voting Shares ("Class B Shares") on the basis of one post-consolidated Class A Share or Class B Share for every two pre-consolidated Class A Shares or Class B Shares held, as the case may be (the "Consolidation"). The Class A Shares are expected to begin trading on a consolidated basis on the Canadian Securities Exchange ("CSE") on Thursday, July 13, 2023 . The record date for the consolidation is July 14, 2023 .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Infinity Stone Ventures Trading on Upstream Under GEMS, Infinity Stone Ventures Corp. among the first issuers to cross-list on Upstream

Infinity Stone Ventures Trading on Upstream Under GEMS, Infinity Stone Ventures Corp. among the first issuers to cross-list on Upstream

- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the " Company " or " Infinity Stone "), is pleased to announce it will become available today at 10:00am EST under the ticker symbol " GEMS " on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex ("Horizon") and MERJ Exchange Limited ("MERJ").  Infinity Stone's free digital collectible NFT commemorating the dual listing is now available for all Upstream participants to claim with the claim code " GEMS".

Infinity Stone Ventures Corp. Logo

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
INFINITY STONE VENTURES APPROVED TO CROSS LIST ON UPSTREAM

INFINITY STONE VENTURES APPROVED TO CROSS LIST ON UPSTREAM

- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the " Company " or " Infinity Stone "), is pleased to announce it has been approved to cross list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (" Horizon ") and MERJ Exchange Limited (" MERJ "). Trading is anticipated to become available on Upstream July 6, 2023 at 10:00am ET under the ticker symbol " GEMS ".

The cross listing on Upstream is designed to provide Infinity Stone the opportunity to access a global, digital-first investor base outside the U.S. that can trade using USDC digital currency along with credit, debit, PayPal, and USD; unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in the Canadian Securities Exchange-listed company.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
INFINITY STONE VENTURES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

INFINITY STONE VENTURES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the " Company " or " Infinity Stone "), is pleased to announce a non-brokered private placement of up to 18,000,000 units of the Company (" Units ") at a price of $0 .05 per Unit (the " Offering "), for aggregate gross proceeds of up to $900,000 . Each LIFE Unit will be composed of one (1) Class A Subordinate Voting share in the capital of the Company (a " Share ") and one-half of one (12) Class A Subordinate Voting share purchase warrant (each whole warrant, a " Warrant "). Each Warrant will entitle the holder thereof to acquire one (1) additional Share (a " Warrant Share ") at a price of $0 .10 per Warrant Share for a period of 24 months from issuance.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Grande Portage Completes Non-Brokered Private Placement

Grande Portage Completes Non-Brokered Private Placement

Not for distribution to United States newswire services or for dissemination in the United States.

Grande Portage Resources Ltd. (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) ("Grande Portage" or the "Company") announces that after consultation with its registered finders, the Company has now concluded its non-brokered private placement under Part 5A of National Instrument 45-106 - Prospectus Exemptions - Listed Issuer Financing Exemption. As previously announced on November 13, 2024, the Company sold 3,470,000 units (each, a "Unit") at a price of C$0.30 per Unit for aggregate gross proceeds of C$1,041,000 (the "Offering"). The Company had filed an offering document related to the Offering that can be accessed under Grande Portage's profile at www.sedarplus.ca and on the Company's website at https:grandeportage.com

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Significant Milestone Achieved in Development Journey with The Completion of The "first phase" of the Environmental Impact Assessment Procedure for Rajapalot Gold-Cobalt Project

Significant Milestone Achieved in Development Journey with The Completion of The "first phase" of the Environmental Impact Assessment Procedure for Rajapalot Gold-Cobalt Project

Mawson Finland Limited ("Mawson" or the "Company") (TSX-V:MFL) is pleased to announcethe completion of the "first phase" ("EIA Program") of the Environmental Impact Assessment procedure for the Rajapalot Project (the "Project") in northern Finland. The EIA procedure is a requirement for obtaining a mining permit

Highlights:

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
SAGA Metals Completes OTCQB Listing and Receives DTC Eligibility

SAGA Metals Completes OTCQB Listing and Receives DTC Eligibility

Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce that its common shares are now eligible to trade on the OTCQB under the symbol "SAGMF" and that it has received approval from the Depository Trust Company ("DTC") to make the shares eligible to be electronically cleared and settled ("DTC Eligibility").

The OTCQB is a leading market for early-stage and developing U.S. and international companies. Recognized as an established public market by the U.S. Securities and Exchange Commission and operated by OTC Markets Group, Inc., the OTCQB has helped companies build considerable shareholder value including enhanced liquidity and valuation. Investors may benefit from efficient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×