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Infinity Mining Limited Reshapes Asset Base and Expands Exploration Strategy

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Infinity Mining Limited Reshapes Asset Base and Expands Exploration Strategy

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Infinity Mining Limited ( (AU:IMI) ) has shared an announcement.

Infinity Mining Limited held its Annual General Meeting, where significant progress in reshaping its asset base and exploration strategy was highlighted. The company completed the sale of its Central Goldfields assets, expanded into New South Wales and Victoria, and focused on retaining core Pilbara assets while progressing a divestment plan for other Western Australian tenements. Key corporate activities included finalizing a Shared Services Agreement closure, appointing a new Chief Financial Officer, and restructuring the Board with new appointments to enhance public company and technical expertise.

More about Infinity Mining Limited

Infinity Mining Limited is an exploration company with a diverse portfolio of projects covering over 3,700 km² in regions such as NSW’s Macquarie Arc, Victoria’s Melbourne Zone, and Western Australia’s East Pilbara and Central Goldfields. The company focuses on high-grade resources including copper, gold, and lithium, with its flagship project being the Cangai Copper Project, a historic high-grade copper mine with near-term development potential. Its projects are strategically located near established mining operations, enhancing their economic viability.

Average Trading Volume: 608,739

Technical Sentiment Signal: Sell

Current Market Cap: A$3.38M

Learn more about IMI stock on TipRanks’ Stock Analysis page.

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