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Infinity Mining Limited ( (AU:IMI) ) has shared an announcement.
Infinity Mining Limited has completed a LiDAR interpretation at its Monkey Gully Gold Project in Victoria, revealing 263 historical mine workings. This discovery highlights a dense cluster of historical workings around a Devonian intrusion, which will be prioritized for further exploration targeting IRGS. The Monkey Gully site is strategically located near the Sunday Creek Gold Project, known for significant gold mineralization, enhancing its potential. The company’s strategy involves leveraging modern exploration technologies to assess the depth of mineralization, potentially impacting its industry positioning and offering promising implications for stakeholders.
More about Infinity Mining Limited
Infinity Mining Limited is a company operating in the mining industry, focusing on the exploration and development of gold projects. Its primary market focus is on Intrusion-Related Gold Systems (IRGS) in eastern Victoria, Australia.
Average Trading Volume: 547,543
Technical Sentiment Signal: Sell
Current Market Cap: A$4.23M
For a thorough assessment of IMI stock, go to TipRanks’ Stock Analysis page.