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Infinity Mining Advances Exploration at Cangai Copper Project

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Infinity Mining Advances Exploration at Cangai Copper Project

Infinity Mining Limited ( (AU:IMI) ) just unveiled an update.

Infinity Mining Limited has announced significant findings from the re-logging of diamond drill core at the Cangai Copper Project, identifying magnetic pyrrhotite within the copper mineralisation zone. This discovery supports the implementation of a new high-resolution drone-based magnetic survey to delineate new subsurface drill targets, potentially expanding the project’s copper resources. The use of modern magnetic geophysical techniques is expected to enhance exploration efficiency and cost-effectiveness, potentially benefiting stakeholders by increasing the project’s resource base and value.

More about Infinity Mining Limited

Infinity Mining Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include copper and other associated minerals, with a market focus on enhancing exploration techniques to identify new mineral deposits.

YTD Price Performance: 40.0%

Average Trading Volume: 393,724

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$5.89M

For detailed information about IMI stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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