Drilling Commences At The Desperado Property

VANCOUVER - Infield Minerals Corp. has commenced drilling at the Desperado gold-silver property. Drilling underway at Desperado has planned eight to ten holes to test for epithermal style gold-silver mineralization. The program consists of approximately 2,000 meters of reverse circulation (RC) drilling and is anticipated to be completed in August. Priority targets include buried lithological contacts and structural features that present compelling opportunities for discovery under cover.

"We are extremely excited to have commenced our inaugural drilling campaign at Desperado. Our team's diligent work over the past year has opened up an excellent opportunity for a potential discovery in a historical mining camp where previous activity was largely focused on the limited outcrop areas," stated Evandra Nakano, President and CEO. “Modern exploration techniques and a systematic approach has allowed us to explore in areas under cover and to refine targeting in areas that exhibit historical artisanal mining activity. I am personally thrilled to be on site to observe this initial drill testing of the compelling targets we have developed."

Significant potential exists at the Desperado property in areas where prospective lithological contacts and structural features are obscured on surface by desert gravel. These features have been interpreted by Infield using geophysical techniques to see under cover. The magnetics (Mag) and induced polarization (IP) geophysical surveys completed by Infield in 2021 identified more than forty anomalous IP trends that represent potential epithermal targets.

Chargeability highs associated with some of the targets may represent an increase in sulphide content which is linked to gold and silver in the area. These prospective targets are broad sub-outcropping bodies that have IP signatures consistent with potentially altered and mineralized structures.

Mag surveys can help identify structures or potential shear zones, along with different rock units, by measuring the rock's natural magnetism and highlighting contrasts with host rocks. Several historical mine shafts in the western part of the Property have been observed to extend down mineralized faults, which correspond well to the Mag survey results, indicating prospective targets. At Desperado, fault intersections may represent zones of dilation that are conducive to mineral emplacement, and therefore form strong targets with potential to host considerable concentrations of mineralization.

Following analysis of the comprehensive dataset collected by Infield in 2020 and 2021, which includes geological mapping, rock and soil sampling and geophysical surveying, eight to ten targets have been prioritized for initial drill testing. The program consists of approximately 2,000 meters of RC drilling and is anticipated to be completed in August.