Infinity Lithium Corporation Limited ( (AU:INF) ) has provided an announcement.
Infinity Lithium Corporation Limited has entered into option agreements to acquire a 100% interest in the Mitta Mitta Project and an earn-in joint venture on the Corryong Project, both located in the Lachlan Fold Belt, Victoria. These projects, which include significant historic gold fields and promising geological formations, are expected to enhance Infinity’s exploration capabilities and consolidate its position in the mineral exploration industry. The agreements require minimal upfront investment, with payments tied to exploration success, allowing Infinity to immediately commence exploration activities while its San Jose Lithium Project Mining Licence Application is under assessment.
More about Infinity Lithium Corporation Limited
Infinity Lithium Corporation Limited is involved in the exploration and development of mineral projects, with a focus on gold, copper, and silver. The company is expanding its portfolio by acquiring and entering joint ventures on exploration projects in the Lachlan Fold Belt, Victoria, which complements its existing assets and market focus.
YTD Price Performance: -28.57%
Average Trading Volume: 367,123
Technical Sentiment Signal: Buy
Current Market Cap: A$9.45M
See more data about INF stock on TipRanks’ Stock Analysis page.