Subject: Infinity Stone Ventures news
PDF Document
File: Attachment GEMSFNewsnobember112024INT.pdf
Q-GEMSF Coal Occurrence Application Approved
Infinity Stone Ventures Corp. (Q-GEMSF) (CSE-GEMS)
(the "Company" or "Infinity Stone" or "GEMSF")
announces today, November 11, 2024, that the company,
through an agent, has made a Coal Licence Application
with the BC Ministry of Energy, Mines and Low Carbon
Innovation which has been accepted and provided with a
Coal Licence Application number.
The Coal Licence Application covers a historic coal
occurrence located in British Columbia. The next step in
the process to Coal Licence, is providing stakeholders and
the BC Ministry of Energy, Mines and Low Carbon
Innovation, a proposed plan.
The historic coal occurrence is outlined on the BC Ministry
minfile system and can be viewed here
https://minfile.gov.bc.ca/summary.aspx?minfilno=093P%
20%20021 . This historic coal occurrence is in the area of
GLENCORE ("LON:GLEN") producing BC Coal assets
which were purchased from TECK (T-TECK.B) in summer
2024.
Barron's magazine reported on November 6, 2024, "Coal
Is One of the Biggest Winners from Trump Victory", and
DUKE Energy ("Z-DUK") reported on November 7, 2024,
that it is revisiting coal plans if President Elect Trump
axes pollution rules, but even prior to this in summer
2024 several news outlets and the International Energy
Association have reported "...Global coal demand is set to
remain broadly unchanged in both 2024 and 2025... The
world's use of coal rose by 2.6% in 2023 to reach an all-
time high...".
Coal companies ARCH Resources (Z-ARCH) and CONSOL
Energy (Z-CEIX) have announced an impending merger
to become a dominant world coal producer and supplier.
The G7 which includes Canada and USA, have an agreed
protocol to curb coal for energy usage to complete non
coal electricity generation between 2030 to 2035 to
reduce carbon emmissions. The protocol does not include
coal for coking processes, and if President elect Trump
removes the USA from the G7 protocol and axes pollution
rules in the USA, not only will NAFTA rules be required to
be adhered to but, there may be a push to cheaper
construction cost coal generating electricity plants, as the
cost to build a coal powered plant ranges from $1,000 to
$4,500 per each kilowatt of installed capacity, a 1,000
MW coal-fired power plant could cost in most cases
between $1 billion and $4.5 billion and the cost to build a
nuclear power plant ranges from $5,500/kW to
$8,100/kW or between $6 billion and $9 billion for each
1,100 MW plan. India and China continue building coal
energy generating plants, with China approving over 300
new coal power plants in 2024, and both countries have
increased coal consumption. The recent published
statistics report that China has 1,161 coal plants, India
with 285 coal plants and USA is ranked third with 203
coal plants. Canada continues to have 8 coal powered
plants in operation.
Infinity Stone also owns 100% interest in claim titles
covering a historic Anthracite occurrence located on the
Gaspe Peninsula in Quebec.
Visit www.q-gemsf.com for information.
About Infinity Stone Ventures Corp.
Infinity Stone's mission is to be a diversified, single-
source supplier for the critical energy metals being used
in the clean energy revolution alongside its established
SaaS (software as a service) solution portfolio. Infinity
Stone is meeting the demand from battery and wind
turbine manufacturers, nuclear and hydrogen energy
producers, and energy metals speculators by acquiring
100-per-cent interest in critical mineral deposits and
occurrences in stable mining-friendly jurisdictions, close
to final-use destinations in North American manufacturing
hubs. The company recently announced its 100-per-cent
acquisition of the Goldstone Project in Saskatchewan in
the area of Ramp Metals Inc., new Gold Discovery, with
the ground adjacent to Fathom Nickel Inc.; the Thor
manganite occurrence located in Quebec; ground
adjacent CSE-QiMC Hydrogen discovery in Quebec and
ground adjacent Fission Uranium Corp and Oberon
Uranium in Saskatchewan, and 100% of the Gallium
project in Quebec, including a 100% interest in the Term
Point Historic Artisanal gold mine located in Nunavut with
reported 78.5 ounces recovered from 500 kilograms of
mined material in 1928, historic Coal occurrences located
in British Columbia, and 100% interest in two historic
Iron occurrences located in Quebec.
Connect with Infinity Stone
www.q-gemsf.com
Contact
ANA LAURA LOPEZ PINEDA
Interim Corporate Secretary and Director
Telephone:1-604-378-0648
analauralopezpinedamarketing@gmail.com
Neither the CSE nor its Regulation Service Provider, nor
any other Exchange and Related Regulation Service
Provider, accepts the responsibility for the adequacy or
accuracy of this release.
Forward-Looking Statements
This news release contains certain forward-looking
statements within the meaning of applicable securities
laws. All statements that are not historical facts,
including without limitation, statements regarding future
estimates, plans, programs, forecasts, projections,
objectives, assumptions, expectations or beliefs of future
performance, are "forward-looking statements." These
forward-looking statements reflect the expectations or
beliefs of management of the Company based on
information currently available to it. Forward-looking
statements are subject to a number of risks and
uncertainties, including those detailed from time to time
in filings made by the Company with securities regulatory
authorities, which may cause actual outcomes to differ
materially from those discussed in the forward-looking
statements. These factors should be considered carefully,
and readers are cautioned not to place undue reliance on
such forward-looking statements. The forward-looking
statements and information contained in this news
release are made as of the date hereof and the Company
undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a
result of new information, future events or otherwise,
unless so required by applicable securities laws.
© 2025 Canjex Publishing Ltd. All rights reserved.