MANAGEMENT ANNOUNCE START OF FURTHER EXPLORATION OF JACKPOT LITHIUM HOLDING, PRIOR TO DRILLING LOCATION SELECTION.
March 24, 2021 / Infinite Ore Corp. (the "Company") (TSXV:ILI)(OTCQB:ARXRF) is pleased to announce that it has commenced a magnetic survey on the Jackpot Lithium project. Novatem Airborne Geophysics is on site and flying the survey this week with results expected in the coming weeks. The goal of the survey is to identify structures on the property that would assist in locating high priority lithium targets for future drilling in order to add to the existing historical resources. The property contains known pegmatite showings, including two that contain historical resources of 2 million tons at 1.09% Li2O and 750,000 tons at 1.38% Li2O*. In addition, Infinite is pleased to be attending the Mines and Money Online Connect conference this week. The company will be meeting with various institutional and private investors.
J.C. St-Amour, President of Infinite Ore commented, "This high-resolution mag survey, flying at a 25m line spacing, is expected to assist us in identifying additional pegmatite dikes, focusing our exploration efforts on high priority targets within our large land package. This survey will provide valuable data that adds immediate value to the property and is money well spent in advance of additional exploration."
The Company's 100% owned Jackpot project is located in close proximity to the Georgia Lake lithium deposit, for which Rock Tech Lithium Inc. recently announced its intent to develop a lithium sulphate production facility located in Thunder Bay, Ontario.
