Infinity Stone Ventures Corp. has entered into a property option agreement (the “Option Agreement“) with 3EX Resource Corp. respecting an option to acquire the 353.2-hectare Zen-Whoberi Copper-Cobalt-Platinum-Palladium Project (the “Project“), located 30 kilometres north of Mont Laurier, Quebec.
- Historical results from 2006 and 2007 work programs by Quinto Resources Inc. with highlighted intervals including 0.57% Cu over 22.8 metres and 1.27% Cu over 3.8 metres from a single geophysical anomaly.
- Gold, platinum, and palladium encountered in historical drilling and trenching by Quinto, including 1.1g/t Au over 1.2 metres and 0.8 g/t Pt over 1.06 metres in hole CB-06-05, and several trench grab samples including T06-11 yielding 5.07% Cu, 0.59g/t Au, 3.9g/t Pt and 0.2g/t Pd.
- Numerous parallel geophysical anomalies, most of which remain untested.
- The Zen-Whoberi Project is located approximately 300km from Glencore Canada’s (“Glencore”) Horne Smelter, located in Rouyn-Noranda, QC, Canada’s only operating copper smelter, and approximately 270km from Glencore’s Canadian Copper Refinery (CCR) in Montreal, QC, Canada’s only operating copper refinery.
In 2006, Quinto completed a drilling program of six diamond drill holes, which encountered significant copper mineralization including 0.57% Cu over 22.8 metres and 1.27% Cu over 3.8 metres along a 200-metre strike length.
The six short drillholes encountered copper mineralization corresponding with a single, large geophysical anomaly over 450 metres in length and open in both directions. Five other parallel anomalies remain to be explored.
Anomalous grades in gold, platinum and palladium were noted in most of the 2006 drill holes, including 1.1g/t Au over 1.2 metres and 0.8 g/t Pt over 1.06 metres in hole CB-06-05.