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Infinite Ore signs agreement to sell Interest in Eastern Vision in Red Lake

Dec 15, 2021

Infinite Ore Corp. has signed a definitive agreement with Trillium Gold Mines Inc. whereby Trillium will acquire all of Infinite's property holdings known as the Eastern Vision Project located in the Confederation Lake assemblage of the Birch-Uchi greenstone belt in the Red Lake District.

The Definitive Agreement provides that Trillium would issue 4,000,000 common shares of Trillium and pay $175,000 in cash to Infinite. In addition, Trillium would assume all of Infinite's cash payment commitments under its existing option agreements. Infinite would retain its share issuance obligations. The Eastern Vision project includes the Fredart, Garnet Lake, Confederation North, and Confederation South properties; Trillium would hold greater than 100 km of favourable structure on trend with Great Bear Resources' Dixie Deposit.

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