Infinity Mining Limited ( (AU:IMI) ) just unveiled an update.
Infinity Mining Limited has identified new electromagnetic (EM) geophysical targets at the Bogong Copper Prospect in New South Wales. The recent review of the 2019 Fixed-Loop Electromagnetic (FLEM) survey has revealed multiple new EM conductors, enhancing the exploration potential of the project. One conductor is associated with known copper mineralization, while two additional untested conductors have been identified east of the main zone. These findings suggest significant potential for further exploration and development of a larger porphyry-related copper system, which could have implications for the company’s operations and positioning within the industry.
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 primarily engaged in identifying and developing copper porphyry systems, with a market focus on enhancing exploration potential through advanced geophysical techniques.
YTD Price Performance: 20.0%
Average Trading Volume: 389,216
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.08M
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