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Infinity Mining Limited ( (AU:IMI) ) has issued an announcement.
Infinity Mining Limited has announced the discovery of a quartz-stibnite vein at its Walhalla South Project, located in the Melbourne Zone of eastern Victoria. This discovery, which includes high-grade antimony mineralization, positions the company to capitalize on the rising demand for antimony, a critical mineral for defense and renewable energy applications. The site, which is strategically located near other significant gold-antimony projects, offers a promising low-cost path for further exploration and potential development, enhancing Infinity Mining’s prospects in the mineral resource sector.
More about Infinity Mining Limited
Infinity Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly involved in the extraction of antimony and gold, with a strategic emphasis on advancing high-priority mineral targets in under-explored regions.
Average Trading Volume: 3,109,648
Technical Sentiment Signal: Sell
Current Market Cap: A$4.71M
For an in-depth examination of IMI stock, go to TipRanks’ Overview page.