The exploration team will be mobilised to site in the upcoming week and the survey will be initiated shortly, subject to favourable aviation weather.
Preliminary results from the UAV magnetic survey are expected in early January 2023. The survey results will assist the Company in defining new targets and better define known mineralized zones.
“The geophysics survey at Zen-Whoberi is a key next-step in the exploration of the project that will allow us to further define drill targets moving into Q1 of 2023. With a significant copper grade in excess of 15% discovered earlier this year at Zen, we are eager to further explore this potential resource, especially in the context of recent increases in copper and nickel prices”, said Zayn Kalyan, CEO of Infinity Stone. “Copper, cobalt and nickel are all critical to the production of EV batteries and vehicles, as well as many other critical technologies. The Zen-Whoberi project is located close infrastructure, including the Glencores’ Horne smelter, and presents a strategic opportunity in the heart of the North American EV supply chain”, furthered Mr. Kalyan.
In the Zen-Whoberi’s Centauri Zone, out of a total of three samples taken at this zone, one sample of mineralization returned grades of 15.5% Cu, 14.9g/t Ag, 0.40g/t Au, 0.114% Ni, and 216ppm Co. The other two samples taken from the newly-identified zone yielded 2.12% and 0.70% Cu. *
Table 1: 2006-2007 Diamond Drilling Summary
Hole |
Azimuth (º) |
Dip (º) |
From (m) |
To (m) |
Length (m) |
Cu (%) |
CB-06-01 |
348 |
60 |
3.2 |
9.3 |
6.1 |
0.59 |
incl. |
|
|
4.5 |
8.2 |
3.7 |
0.92 |
CB-06-02 |
162 |
60 |
2.4 |
7.9 |
5.5 |
0.68 |
CB-06-03 |
0 |
90 |
15.9 |
25.5 |
9.6 |
0.56 |
incl. |
|
|
15.9 |
21.3 |
5.4 |
0.84 |
and |
|
|
28.5 |
37.3 |
8.8 |
0.27 |
CB-06-04 |
0 |
80 |
1.1 |
9.3 |
8.2 |
0.21 |
CB-06-05 |
0 |
80 |
12.9 |
35.7 |
22.8 |
0.57 |
incl. |
|
|
29.6 |
34.7 |
5.1 |
1.08 |
and |
|
|
37.3 |
44.4 |
7.1 |
0.7 |
incl |
|
|
38.3 |
43.5 |
5.2 |
0.88 |
CB-06-06 |
0 |
80 |
3.1 |
35.8 |
32.7 |
0.47 |
incl. |
|
|
21.5 |
25 |
3.5 |
1.21 |
incl. |
|
|
31 |
34.8 |
3.8 |
1.27 |
F07-01 |
350 |
52 |
52.2 |
53.55 |
1.35 |
0.27 |
and |
|
|
109.8 |
111.6 |
1.8 |
0.18 |
F07-02 |
360 |
75 |
147.25 |
149.0 |
1.75 |
0.16 |
F07-03 |
200 |
45 |
22.5 |
24.1 |
1.6 |
0.17 |
and |
|
|
50.0 |
51.5 |
1.5 |
0.19 |
F07-04 |
20 |
45 |
46.7 |
48.35 |
1.65 |
0.14 |