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Small Cap Insight
From: |
courcel |
Subject: |
Small Cap Insight |
Date: |
Tue, 24 Jan 2006 10:43:06 -0500 |
Already up 0.10 (5.13%) Today
This One is Strong UP 0.45 (30.00%) Jan 23th Alone
Huge PR Campaign Running for Tuesday Jan 24th
We expect explosive growth on Tuesday
Infinex Ventures Inc. (IFNX)
Current Price: 1.95 UP 0.45 (30.00%)
OTC: IFNX.OB
Hot News Out
LAS VEGAS, Jan. 18 /PRNewswire-FirstCall/ - Infinex Ventures Inc. (IFNX:OB -
News; "the Company") and its Board of Directors are pleased to announce that
Infinex has increased its option in the Yew Claims to a 60% interest from the
55% interest originally agreed upon in the Joint Venture and Option Agreement
dated June 14th 2004.
YEW CLAIMS
The Yew Claims are located on Texada Island, B.C. This region has a long
history of mining dating back to 1876. Several high grade copper gold skarns
were mined in the area. The geology of the Yew Claims is set out in MINFILE
092F/516 as follows:
"The area is dominated by Upper Triassic Karmutsen Formation (Vancouver Group)
volcanic rocks consisting of typically fine-grained and/or feldspar phyric
basalts and amygdaloidal basalts with minor intercalated limestone beds. At the
Yew occurrence, stratigraphy is comprised of three rock units of the Karmutsen
Formation. A lower, thick series of green-grey basalt flows that texturally
change from amygdaloidal and non-amygdaloidal sequences, is overlain by a thin,
white-grey fine-grained limestone that rapidly thins and thickens over short
distances. Overlying the limestone is an amygdaloidal basalt breccia with
fragments of amygdaloidal basalt up to 15 centimetres. White zeolites, epidote,
pyrite, quartz and chlorite comprise vesicle fillings within the basalts. Two
hundred metres north of the occurrence, two small diorite plugs intrude the
basalts.
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