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Transaction Announcement Reports
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Project: | Jackpot | |
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Deposit: | Jackpot | |
Location: | Canada | |
Commodities: | Lithium | |
Date: | 4/18/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 18-4-2018: Infinite Lithium Corp. announces an Exploration/Drilling Update report for its Jackpot deposit at the Jackpot project. Drilling results incl. 5m @ 3.02% Li2O from 232.65m. April 18 th , 2018, Vancouver, BC, Canada – INFINITE LITHIUM CORP. (“Inf | |
Resources: | x | |
CP/QP: | [Overall Report]: Scott Jobin-Bevans (Not stated) | |
ABSTRACT: | April 18 th , 2018, Vancouver, BC, Canada – INFINITE LITHIUM CORP. (“Infinite” or the “Company”) (TSX-V:ILI) (OTCQB:ARXRF) (37NN–FRANKFURT) is pleased to announce further drill results from holes J-18-06 through 15 of the ongoing Phase 1 drilling program which began in December 2017. A third lithium-bearing pegmatite zone has been discovered (drill hole J-18-13: 3.02% Li2O from 232.65-237.65m) which will be targeted as part of the current drilling program. Results from the Phase 1 drilling program are being used to guide future drilling and to complete a National Instrument 43-101 (“NI-43-101”) Technical Report and Mineral Resource Estimation. The most recent ten (10) drill holes (totalling 1,371 metres) are now available for reporting as follows: A total of 15 drill holes, totalling approximately 2,052 metres, have been completed to date and all results are now reported. All but one drill hole (J-18-09) contained significant spodumene-bearing pegmatite intercepts. Locations of the drill holes are designed to support historic drilling results, assist in modelling the orientation of the pegmatites, and provide a more robust understanding of the Property’s potential. Drilling to date confirms the presence of the three pegmatite dykes, one near or at surface and relatively flat-lying (Dyke #1), the second striking approximately east-northeast and dripping shallowly to the northwest (Dyke #2), and a third pegmatite dyke (Dyke #3) below Dyke #2. | |
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