Vancouver, British Columbia, Canada - July 18, 2024 - Infinity Stone Ventures Corp., announces today that it has acquired a 100-per-cent interest in ground located on the Gaspe Peninsula of Quebec Canada that hosts historic Anthracite occurrences.
The acquired mineral titles cover historic reports of Anthracite classified Coal ranking occurrences. Historic report GM 44950, filed by past work activity in the Quebec Geological database known as SiGEOM, outlines a coal outcrop "... is located on the north wall of a coal striking north easterly. A pit 3 1 long by 4' high on the hill-side exposes a coal seam 6" wide but which bulges to 18" at the centre. The strike is easterly and the dip 60° N..."..."...From the numerous proximate analysis, the coal is classed as an anthracite, but due to its great age, being pre carbo-niferous, it is classified as an anthraxolite due to the fact that it was probably derived from algal remains (John-son 1945: Coleman, 1928). ..."
The report outlines hard coal intercepts reported during water well drilling approximately 900 meters to the northeast. The report outlines "...First hole -275 feet of hard coal -Second hole -165 feet of hard coal: (Both holes were drilled at a 6 in. diameter)."
Ana Laura Lopez Pineda, a Director of the Company, stated, "This historic coal occurrence is ranked as Anthracite in the analysis done at the time and approximately 900 meters from the outcrop area there are two attempted water well intercepts of 275 feet of hard coal and 165 feet of hard coal reported. The metallurgical coal, or known also as coking coal, market has seen Glencore acquire Teck Resources British Columbia Coal assets for over $6.9 billion, and the coking coal world price is reported to be over US$200 per tonne As well DELTA DUNIA recently took over ATLANTIC CARBON specifically for the anthracite coal mines, with DUNIA reporting anthracite "...is critical for the production of Low Carbon Steel..." Exceptional opportunity exists here to move the Infinity Stone Ventures to a different level. To work the Infinity Stone Ventures assets including this anthracite coal project Infinity Stone Ventures will seek upto $10 million private placement financing at CDN$0.05 per share with a two year warrant to purchase at $0.10 per warrant. There has been no commitments made to this proposed financing."
A qualified person is reviewing historic information and will compile the information for the company.
About Anthracite Coal
Anthracite Coal, also known as hard coal, is used in Low Carbon Steel production, ferro-alloy production, and specialty materials production.
Investors can visit www.infinitystoneventures.info for updates.
About Infinity Stone Ventures Corp.
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 (software as a service) 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-per-cent interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final-use destinations in North American manufacturing hubs. The company recently announced its 100-per-cent acquisition of the Goldstone Project in Saskatchewan in the area of Ramp Metals Inc., new Gold Discovery, with the ground adjacent to Fathom Nickel Inc.; the Thor manganite occurrence located in Quebec; ground in Ontario and British Columbia in the area of American Eagle Gold Corp. and Defense Metals Corp.; ground adjacent to Frontier Lithium in Ontario; and ground-adjacent to Li-FT Power in the Northwest Territories; and ground adjacent.
Connect with Infinity Stone: www.infinitystoneventures.info
Contact:
ANA LAURA LOPEZ PINEDA
Interim Corporate Secretary and Director
Telephone: 1-604-378-0648
analauralopezpinedamarketing@gmail.com
Neither the CSE nor its Regulation Service Provider, nor any other Exchange and Related Regulation Service Provider, accepts the responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Media Contact
Company Name: Infinity Stone Ventures Corp.
Contact Person: Ana Laura Lopez Pineda
Email: Send Email
Phone: 1-604-378-0648
Country: Canada
Website: http://www.infinitystoneventures.info
