Infinity Lithium Corporation Limited ( (AU:INF) ) has issued an update.
Infinity Lithium Corporation Limited has acquired a 100% interest in four high-grade gold exploration assets located in the Lachlan Fold Belt, Victoria. This acquisition allows Infinity to diversify its portfolio amidst a downturn in the lithium market and capitalize on the strengthening gold prices. The assets include drill-ready targets with existing permits and agreements, facilitating immediate exploration activities. This strategic move is set against the backdrop of ongoing administrative delays in their San Jose Lithium Project in Spain, positioning Infinity to potentially enhance its market standing in the gold sector.
More about Infinity Lithium Corporation Limited
Infinity Lithium Corporation Limited is a company involved in the mining industry, focusing on lithium and now expanding into gold exploration. The company is engaged in the acquisition and development of mineral exploration assets, with a market focus on leveraging opportunities in both lithium and gold sectors.
YTD Price Performance: -28.57%
Average Trading Volume: 276,896
Technical Sentiment Signal: Buy
Current Market Cap: A$9.25M
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