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Infinity Mining Limited ( (AU:IMI) ) has shared an update.
Infinity Mining Limited has identified a new gold target at the Cangai Project in northern New South Wales, specifically at the historical Sir Walter Scott Gold Mine. This discovery is part of ongoing reinterpretation work and historical data compilation, enhancing the company’s portfolio with potential high-grade gold mineralization. The new target is strategically located near the Cangai Copper Mine, adding value through its multi-commodity approach. The company plans to commence a field program in the third quarter of 2025 to further assess the gold potential, capitalizing on current high gold prices and reinforcing its position in the mining 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 involved in the extraction of various commodities, including gold, copper, and silver, with a market focus on strengthening its portfolio through multi-commodity projects.
Average Trading Volume: 653,063
Technical Sentiment Signal: Sell
Current Market Cap: A$3.81M
Learn more about IMI stock on TipRanks’ Stock Analysis page.