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Infinity Stone Expands Galaxy Lithium Project in Quebec

Vancouver, British Columbia–(Newsfile Corp. – October 12, 2022) – Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the “Company” or “Infinity Stone“), is pleased to announce that it has acquired, through staking, an additional 2,114 hectares over 36 cells adjacent to the Company’s Galaxy Lithium Project (the “Galaxy Project“), near Mont Laurier, Quebec, with an additional 14 cells still pending application.

The claim block is approximately 700 metres to the north of Infinity Stone’s Galaxy Project and extends for approximately 10 kilometres along the western edge of Lac Petawaga. The newly acquired area was established to be prospective for LCT pegmatites following the Company’s September 2022 exploration program that included sampling, hand stripping, channel sampling, as well as blasting and the recovery of a 150kg bulk sample of pegmatite material.

“Infinity Stone is excited to expand our footprint at the Galaxy Project in Quebec,” said Zayn Kalyan, CEO of Infinity Stone. “The Galaxy Project presents a highly prospective opportunity for lithium mineralization based upon historical reports, especially given its close proximity to infrastructure, ease of access, and low exploration and operating costs,” furthered Mr. Kalyan.

Infinity Stone intends to carry out further exploration on the Galaxy Project, including the expanded claims, beginning October 17, 2022. The exploration program will include further sampling of the 30 pegmatite dykes mapped on the property, blasting, as well as prospective work ahead of the Company’s intention to conduct a magnetic geophysical survey and drill program before the end of the year.

Infinity Stone’s focus on lithium and graphite has been further reinforced with the recent announcement by Honda and LG Energy Solution regarding their joint venture battery plant to be built in Fayette County, Ohio. Honda and LG Energy Solution are committing $3.5 billion to the plant that will create an estimated 2,200 jobs. Infinity Stone is committed to the development of battery metals resources to support the rapidly growing North American battery supply chain.

Qualified Person

Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a “Qualified Person” as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Company.

About the Galaxy Lithium Project

The Galaxy Lithium Project covers 59 mineral claims covering 3,467 hectares in southern Quebec, as well as 14 additional pending claim applications approximately 45 kilometres northwest of Mont-Laurier, Quebec and 140 kilometres north of the city of Gatineau, Quebec. There is excellent access to all parts of the Property from road La Vérendrye 13, via the Trans-Canada Highway (Hwy QC-117), which traverses roughly through the middle of the Property.

The Property is underlain by at least 30 pegmatite exposures representing 30 pegmatite dikes of Laurentian or more recent rocks of the Precambrian Grenvillian Series. The general strike of the formation is in a northwesterly direction with a near vertical dip. The five minerals associated with the pegmatites are lepidolite, columbite, samarskite, euxenite, and thorianite. The property is largely covered by quaternary till. Blasting and pitting has shown these pegmatites to have widths of 15 to 18 metres in outcrop. Analysis of the pegmatites shows anomalous quantities of lithium, tantalum, molybdenum, uranium, and thorium.

About Infinity Stone Ventures

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 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% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.

To register for investor updates please visit https://infinitystone.ventures.

Connect with Infinity Stone

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Infinity Stone Contact
Zayn Kalyan
CEO and Director
Direct: 778-938-3367
zayn@altuscapital.ca

The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

Forward-Looking Statements Disclaimer

This press release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “projects”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this press release are based upon what management of Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements may also be affected by risks and uncertainties in the business of the Company, including those described in the Company’s public filings available on www.SEDAR.com. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/140295

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Pursuant to an agreement between StoneBridge Partners LLC and Infinity Stone Ventures Group. We have been hired for a period of 180 days beginning August 15, 2022 and ending February 15, 2023 to publicly disseminate information about (GEMS) including on the Website and other media including Facebook and Twitter. We are being paid $2,500 per month for a period of 6 months. We own zero shares of (GEMS), which we purchased in the open market. We plan to sell the “ZERO” shares of (GEMS) that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of (GEMS) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.

This article contains 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 regarding future performance are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “expects”, “does not expect”, “is expected”, “believes”, “intends”, “anticipates”, “does not anticipate”, “believes” or variations of these words, expressions or statements, that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, will occur or will be realized. Such forward-looking statements involve risks, uncertainties and other known and unknown factors that could cause actual results, events or developments to differ materially from the results, events or developments expected and expressed or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, dependence on obtaining and maintaining regulatory approvals, including the acquisition and renewal of federal, provincial, state, municipal, local or other licenses, and any inability to obtain all necessary government authorizations, licenses and permits to operate and expand the Company’s facilities; regulatory or policy changes such as changes in applicable laws and regulations, including federal, state and provincial legalization, due to fluctuations in public opinion, industry perception of integrative mental health, including the use of psychedelic-assisted therapy, delays or inefficiencies or any other reason; any other factor or development likely to hamper the growth of the market; the Company’s limited operating and profitability track record; dependence on management; the Company’s need for additional financing and the effects of financial market conditions and other factors on the availability of capital; competition, including that of more established and better funded competitors; the impact of the Russia-Ukraine conflict on the global economy; the continued impact of the COVID-19 pandemic; and the need to build and maintain alliances and partnerships, including with research and development companies, customers and suppliers. These factors should be carefully considered, and readers are cautioned not to place undue reliance on forward-looking statements. Despite the Company’s efforts to identify the main risk factors that could cause actual measures, events or results to differ materially from those described in forward-looking statements, other risk factors may cause measures, events or developments to materially differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company does not undertake to revise forward-looking statements, even if new information becomes available as a result of future events, new facts or any other reason, except as required by applicable laws.

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