Canadian securities exchange listed Infinity Stone Ventures has spread its wings with its shares now trading on the US OTCQB Venture Markets under the ticker TLOOF.

The company has since applied for its ticker symbol to be changed to GEMSF as its preferred choice – in line with its CSE ticker of GEMS.

“We are pleased to commence trading on the OTCQB. This listing, together with DTC eligibility, should help expand our company’s exposure to US based investors and enhance trading liquidity for our US based shareholders,” chief executive officer Zane Kalyan said.

The company is also working on an ASX listing, which is expected to take a couple of months.

Exploration ongoing

The listing comes as the company kicked off initial lithium exploration at its Camaro project group in Quebec’s James Bay region.

The Taiga, Hellcat and Camaro property blocks cover about 3,850ha of ground that are directly adjacent to Patriot Battery Metals’ (PMET) Corvette lithium discovery where drilling had returned hits such as 159.7m grading 1.65% lithium oxide and 193 parts per million tantalum and 70.1m at 2.22% lithium oxide and 147ppm tantalum.

Notably, PMET’s CV8 pegmatite, which featured grab samples averaging 4.6% lithium oxide, is just 1,400m north of the Taiga property block.

Infinity Stone has engaged Axiom Exploration Group to develop, manage and execute the 10-day program, which will consist of initial sampling, mapping and assessment of the 21 identified pegmatites across the three claim blocks.

The company has also mobilised its team to the site and the work will also seek to identify new pegmatites.

“We are excited to get to work on our Camaro Lithium properties and working closely with the Axiom team as their geological expertise and experience in managing complex exploration programs combined with their LCT pegmatite experience will enable the company to rapidly advance its suite of James Bay Region Lithium properties,” chief executive officer Zayn Kaylan said.

“The advanced exploration ‘toolbox’ utilising Artificial Intelligence and Machine Learning Models that Axiom has developed will allow Infinity Stone to maximise our exploration budgets and obtain the highest probability of success.”

Over at its Zen-Whoberi project in Windigo, Quebec, ongoing reconnaissance work has uncovered a grab sample which returned grades of 15.5% copper, 14.9 grams per tonne (g/t) silver, 0.4g/t gold, 0.114% nickel and 216 parts per million cobalt from a new striped area – the Centauri zone.

This work had targeted a strong anomalous copper zone that is coincident with a magnetic anomaly.

The Centauri Zone is located 250m east of the Cran-Bornite showing and was stripped in late August, revealing a rusty and folded quartz feldspathic gneiss that is locally magnetic and contains about 5% sulphides.

Mineralisation is mostly disseminated within the gneiss, but can also appear as chunks near the contact with a carbonatite dyke that crosscut the gneiss at the southwest end of the stripped area.

Further work will attempt to determine if the presence of carbonatite dikes played a role in the mineralisation process, which may have served as a conduit for the circulation of deep-seated mineralised fluids.

This article was developed in collaboration with Infinity Stone Ventures, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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