Skip to main content

Platinum(PLZ21)
NYMEX

Today's Change
Delayed Last Update

$GEMS | Investing in Home-Grown Batteries

Barchart - Sun Jan 22, 2023

Fast forward with us to the not-so-distant future where oil, natural gas and coal have continued to drift up in price as a result of a myriad of factors. Chiefly among them, the continued divide between Eastern and Western nations posturing on resource-populist agendas as well as ‘ESG’ trends making capital, talent and operational necessities more difficult for the fossil fuel producers of the world to come by. 

This widely held vision of the energy markets of tomorrow is one of many positive external factors impacting the battery metals space - in fact, just last year the United States Department of Energy released a National Blueprint outlining the need for rapid lithium production growth in North America, citing EV sales alone as the main driver in cementing a 2500 GWh demand by 2030. This figure surpasses over five times the current global demand levels!

Although the problem here is multifaceted - it can be summarized as a lack of lithium supply in the market, which is projected to change from being slightly outstripped by demand in the mid-2020s, into a massive deficit in the years following. While there are multiple paths forward to address this issue, the safest and most realistic one that will still amply reward any tactical investor lies within the exploration and development of new lithium mines within North America.

Enter Infinity Stone Ventures. Having been listed under the ticker ‘$GEMS’ on the Canadian Securities Exchange, ‘GEMSF’ in the US OTC Markets, and ‘B2I’ in Frankfurt in March of this year, ISV is a newly-minted, project-diversified battery metals explorer with both the means and management team necessary to see their strategy through. This lean and mean operation has swiftly advanced their seven projects located within the mining-friendly jurisdictions of Ontario and Quebec towards a maiden resource which has prompted the market to consistently re-price their stock to the upside through 2022, having returned over 50% YTD in a period where a majority of other lithium and broader metals explorers are down double-digits.

The key to their success has been a stellar, second-to-none management team that has both the capital markets experience and mining know-how necessary to navigate this growing sector while building the battery metals supplier of tomorrow. Starting with their CEO and board member, Zayn Kalyan is an experienced investment banker and business development executive. His background in the “ground-up” development of startup technology companies serves as his foundation in finance. Zayn has played an instrumental role in the origination of over $50 million in financing and has served in upper management and on the boards of multiple public companies since 2014.

ISV’s board has and will continue to be a major contributor to their continued success - with unparalleled wealths of experience ranging from the capital markets to the junior mining space, it consists of Michael Townsend, Case Lewis and Chris Cherry. Starting with the board’s Chairman & Director, Michael Townsend has extensive experience in corporate finance and junior exploration industries spanning over 30 years. Mr. Townsend is one of the founding partners of Altus Capital Partners, a boutique investment bank based in Vancouver which has been involved in raising over $180 million in equity financings over the past five years. Mr. Townsend is a serial entrepreneur with successful exits not only limited to the junior mining space, having co-founded Hemptown, Patriot One Technologies Inc., and Raytec Metals Corp. While also previously serving as the CEO of Lateegra Gold Corp and West Hawk Development Corp. Second up is Director, Case Lewis who is a Professional Geologist and Qualified Person with over 13 years of diverse project and business experience, managing a full life cycle of exploration projects for precious metals and industrial minerals throughout the world. He has served as director, QP, and technical advisor on numerous junior resource exploration companies and holds a degree in Geology from the University of Alberta. Last up is Director, Chris Cherry who has over 20 years of corporate accounting and audit experience. Mr. Cherry has held senior-level positions for various public companies including Director, Chief Financial Officer, and Secretary. In his former experience as an auditor, he held positions with KPMG LLP and Davidson and Co. LLP in Vancouver, where he gained experience as an auditor for junior public companies, and an IPO specialist.

Infinity Stone’s team has already made concerted investments into seven key battery metals projects within Canada, all of which are wholly owned and pictured above. Out of these projects, five are centred on lithium and graphite exploration specifically and are headlined by their flagship Camaro/Hellcat exploration in James Bay, QC. This project consists of a 5,187-hectare land package that sits adjacent to the Corvette project of the industry-leading Patriot Battery Metals ($PMT) which has achieved a $500M market cap on a 1.3% Li20 grade over their 37.5 Mt proven and probable reserve. This is extremely promising for $GEMS, which has just wrapped up their Fall drilling program and has returned 87 assays covering 3,850 hectares over their claims package for testing. With the grade of lithium being priced in for $PMT’s Corvette site in the region, it is likely that the results of this program will act as a clear catalyst for their stock price as we conclude 2022’s Q4 period.

….and that’s only news on one of Infinity Stones’ promising sites

We hoped you enjoyed this focus piece on forecasted demand in the global lithium industry as we’ll be continuing our coverage of ISV in the future, so be sure to stay tuned as we take a deeper dive into their strategy, operations and even sit down with CEO, Zayn Kalyan to discuss the future of this essential industry within its growth stages.



More Energy News from Barchart
On the date of publication, Peter Tsimicalis had a position in: GEMS.CN, GEMSF. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

More from The Globe

how we eat
Why you should swap red meat with good-for-you fish. Plus: a recipe for sardine toast with purple onion and crispy capers
Julie Van Rosendaal