Infield Minerals Provides Update on Upcoming Drilling Program and Exploration Activities in Nevada - Seite 3

Foto: Accesswire

Figure 2: Desperado property proposed IP grid over silver in soil contours

Foto: Accesswire

Figure 3: Desperado property proposed IP grid over gold in soil contours

⁽²⁾ See the Company’s news release dated June 14, 2021, for reference information.

Bandit Property
Effective July 29, 2021, Infield has opted to terminate its option agreement dated June 30, 2020, as amended, with Mercury Exploration Nevada Inc. (the "Bandit Option Agreement"). The Bandit Option Agreement granted Infield the right to acquire a 100% interest in certain mining properties in the State of Nevada, however, following its assessment of surface work the Company completed in 2020 and 2021, Infield has elected to discontinue its activities under the Bandit Option Agreement and focus its exploration campaigns on the M1 and Desperado properties.

Qualified Person
Technical information in this news release has been reviewed and approved by Richard Dufresne, P.Geo., Vice-President Exploration for Infield Minerals Corp. and a Qualified Person for the purposes of National Instrument 43-101.

The potential quantity and grade of mineralization described herein is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in targets being delineated as a mineral resource.

For more information, please contact Evandra Nakano, the CEO, President and a director of the Company, at [phone] or email: [e-mail].

On Behalf of the Board of Directors of Infield Minerals Corp.

Evandra Nakano
Director

About Infield
Infield Minerals is currently exploring for high-grade gold and silver in mining-friendly Nevada. Our mission is to grow and deliver value through discovery, acquisitions and sustainable development of high quality, high potential assets for the social and economic benefits of our stakeholders. Founded in 2020, Infield is led by a team of mining entrepreneurs with extensive technical and resource evaluation experience.

www.infieldminerals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Statements included in this announcement, including statements concerning Infield's plans, intentions and expectations, which are not historical in nature, are intended to be, and are hereby identified as, "forward‐looking statements". Forward-looking statements include, among other matters, the exploration plans for the M1 and Desperado properties. Forward‐looking statements may be, but are not always, identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. Infield cautions readers that forward‐looking statements, including without limitation those relating to Infield's future operations and business prospects, are subject to certain risks and uncertainties (including geopolitical risk, regulatory, COVID-19 and exchange rate risk) that could cause actual results to differ materially from those indicated in the forward‐looking statements. There can be no assurance that any forward-looking statement will prove to be accurate or that management's assumptions underlying such statements, including assumptions concerning future developments, circumstances or results, will materialize. The forward-looking statements included in this news release are made as of the date of this new release and Infield does not undertake to update or revise any forward-looking information included herein, except in accordance with applicable securities laws.

SOURCE: Infield Minerals Corp.

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