Infield Minerals Provides Update on Upcoming Drilling Program and Exploration Activities in Nevada - Seite 2

Five drill sites have been permitted in the North Zone, from which seven drill holes have been proposed for the testing of high priority targets. Proposed drill hole depths vary between 150 to 400 metres and are designed to test geophysical anomalies that exhibit signatures consistent with potential mineralized structures and mineralized geological features. Historical drilling data in the North Zone have revealed that previous operators intersected 0.55 g/t gold over 15.2 metres from 7.62 to 22.86 metres, including 2.39 g/t gold over 1.5 metres, in hole GC-14 which was terminated at 30.5 metres depth; and 0.51 g/t gold over 8.2 metres from 5.49 to 13.7 metres in hole GC-20 which was terminated at 24.4 metres depth (Nevada Bureau of Mines and Geology) (Figure 1). The Company looks to follow up on the encouraging historical data and to test whether near surface mineralization extends to depths across interpreted structures and geophysical signatures.

Foto: Accesswire

Figure 1: M1 North Zone proposed drill holes

⁽¹⁾ See the Company's news release dated February 10, 2021, for reference information.

Desperado Property
On June 14, 2021, the Company announced it outlined a silver-gold target area at its 100% owned Desperado project located 40 kilometres east of the historical Tonopah mining district in Nye County, Nevada. The target area is defined by anomalous silver in soil distributed over an area of 3.5 kilometres in length by 500 to 800 metres in width and corresponds with a clay alteration zone, potentially indicative of the upper levels of an epithermal system. The Company has initiated a follow-up surface exploration program that includes geological mapping, rock sampling and geophysical surveying.

Initial field inspection of the silver-gold target area has been completed and geophysical surveying is in progress at the Desperado property. A ground magnetic survey of approximately 100 line-kilometres covering the entire property is currently being carried out by TMC Geophysics. The Company has also retained TMC Geophysics for an 84 line-kilometre induced polarization ("IP") survey to commence around mid-August. The IP survey will cover the silver-gold target area which is largely overlain by "desert gravel" (Figures 2 and 3). The program will provide geophysical insights to help identify geological and structural features, which combined with surface geology and sampling results, will enable the Company to vector in on potentially mineralized targets.