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Infinite Lithium Corp.
Summary
| Project: | Jackpot | |
|---|---|---|
| Deposit: | Jackpot | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 8/16/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-8-2018: Infinite Lithium Corp. announces an Exploration/Drilling Update report for its Jackpot deposit at the Jackpot project. Drilling results incl. 5.0m @ 1.45% Li2O from 13.00m. August 16, 2018, Vancouver, BC, Canada – INFINITE LITHIUM CORP. (“Infin | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Scott Jobin-Bevans (Not stated) | |
| ABSTRACT: | August 16, 2018, Vancouver, BC, Canada – INFINITE LITHIUM CORP. (“Infinite” or the “Company”) (TSX-V:ILI) (37NN–FRANKFURT) is pleased to announce drill core assay results from its ongoing exploration program (prospecting, mapping, trenching/channel sampling and drilling) at the Jackpot Lithium Property (the “Property”), located in the Georgia Lake Area of the Thunder Bay Mining Division, Ontario. The Company is currently drilling hole 39 (J-18-38) of a +42 hole (+7,100 metre) program targeting multiple spodumene-bearing dikes in the Jackpot Main area. Drill core results from holes J-17-01 and J-18-01 through 14 have been released (see news releases, March 3, 2018 and April 18, 2018). Michael England, President of Infinite Lithium, commented: "Surface prospecting, geological mapping and trenching continues to uncover new spodumene-bearing pegmatites and contribute to the geologic model, with results to be incorporated into a future NI 43-101 mineral resource estimation. All our drilling to date has focused on the Main Jackpot area with a goal of building lithium resources on a minimum of two dike systems. Prospecting and trenching indicate an extensive surface pegmatite field with good continuity along strike and wide exposures of spodumene-bearing pegmatite. This surface target could make for an excellent future low-cost mining scenario. At the same time our drilling program continues to intersect and delineate the Main Jackpot pegmatite (Dike #2) which comes to surface and dips at about 30 degrees northwestward. The exploration team is currently detail channel sampling more than ten targets outside of the Main Jackpot area and continues to make new pegmatite dike discoveries across the Jackpot Property. Recent channel sample results from the Main Jackpot area returned intercepts with excellent grades of up to 3.35% Li2O over 2 metres." | |
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