Infinity Stone Ventures Corp. has announced its winter drill program on the Buda Lithium Project (“Winter Drill Program“), to test pegmatite layers perpendicular to outcrop zones. The Company anticipates having pre-drill surveying of roads, trails and pads completed by November 30, 2022, with mobilisation of drill equipment following thereafter and commencement by December 5th, 2022.
The Company was able to re-mobilise drilling equipment from the Rockstone Graphite Fall Drill Program to minimise costs and increase efficiencies. The Winter Drill Program follows the Company’s initial exploration program that returned samples with elevated Rb, Be, Li, Cs and Ta values.
“The Buda Lithium Project presents an exciting opportunity to develop a potential lithium deposit located very close to infrastructure, with promising initial results for LCT mineralization. With the initiation of our second drill program this year, we continue to demonstrate our commitment to further exploration across our project portfolio,” said Zayn Kalyan, CEO of Infinity Stone. “Lithium remains one of the few performing asset classes in 2022, and the Buda Project is ideally positioned to meet demand from the rapidly growing North American battery metal supply-chain,” furthered Mr. Kalyan.
The Buda Pegmatite is classified as a rare metal LCT pegmatite, which are characteristically enriched in lithium, cesium, tantalum, beryllium, rubidium, niobium, and tin. At least six other pegmatite dikes are present on the property. Present sampling follows local strike orientation of the pegmatite dike swarm, as indicated by structural rock fabric measurements.