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Infinity Mining Limited ( (AU:IMI) ) has provided an announcement.
Infinity Mining Limited’s quarterly report highlights continued exploration efforts in its gold-copper projects in New South Wales and Victoria. Notable findings include high gold assays from the Sir Walter Scott prospect and promising results from re-assaying stream sediment samples at Tanjil Bren. The company has also identified numerous historical mine workings at the Monkey Gully Gold Project, prioritizing further exploration in this area. The surrender of the Weld River project in Tasmania allows Infinity to concentrate on higher-priority targets in NSW and VIC, potentially enhancing its market positioning and exploration outcomes.
More about Infinity Mining Limited
Infinity Mining Limited operates in the mining industry, focusing on exploration and development of gold, copper, and critical mineral projects across Eastern and Western Australia. The company is involved in high-grade copper and gold projects, with a significant emphasis on exploration potential in regions such as New South Wales, Victoria, and Tasmania.
Average Trading Volume: 2,394,796
Technical Sentiment Signal: Sell
Current Market Cap: A$5.08M
For detailed information about IMI stock, go to TipRanks’ Stock Analysis page.