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Infinity Metals Advances Cobungra Drilling and Awaits Key San Jose Lithium Permit

Story Highlights
  • Infinity Metals’ Cobungra drilling confirmed low-to-moderate gold-silver mineralisation over a 2km strike.
  • The company awaits San Jose lithium permit decision and secured new tin-lithium licence, with A$2.25m cash.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Infinity Metals Advances Cobungra Drilling and Awaits Key San Jose Lithium Permit

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Infinity Lithium Corporation Limited ( (AU:INF) ) has provided an announcement.

Infinity Metals reported steady exploration progress for the December 2025 quarter, completing a short drilling program at its 100%-owned Cobungra project in Victoria, where initial assays from the Comstock prospect confirmed low-to-moderate grade gold-silver mineralisation over a 2km strike along the Ensay Shear, indicating structurally controlled mineralisation across a significant area. The company also advanced its battery metals strategy, awaiting regulatory feedback on the mining licence application for its 75%-owned San Jose Lithium Project in Spain while securing a new exploration licence in a proven tin field in New South Wales, and it ended the quarter with A$2.25 million in cash, underpinning ongoing exploration and permitting activities.

The most recent analyst rating on (AU:INF) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Infinity Lithium Corporation Limited stock, see the AU:INF Stock Forecast page.

More about Infinity Lithium Corporation Limited

Infinity Metals Limited (ASX: INF), formerly Infinity Lithium Corporation, is an exploration company focused on gold, copper, silver, lithium and tin assets. Its portfolio includes 100%-owned Australian projects such as the Cobungra gold-silver prospect in Victoria and a newly granted tin-lithium exploration licence in New South Wales, as well as a 75% interest in the San Jose Lithium Project in Spain, targeting exposure to battery metals and precious metals markets.

Average Trading Volume: 602,146

Technical Sentiment Signal: Sell

Current Market Cap: A$8.15M

See more insights into INF stock on TipRanks’ Stock Analysis page.

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