4.7 C
Belgrade
Supported byspot_img
spot_img

Infinity Mining expands NSW portfolio with acquisition of Bogong Copper-Gold Project in Australia

Member of Europium Groupspot_img
Supported byspot_img

Infinity Mining has significantly expanded its exploration portfolio with the acquisition of the Bogong Copper-Gold Project in New South Wales (NSW), Australia. The project, which spans a 16km strike length along the Mooney-Mooney Fault System, is located within the mineral-rich Lachlan Fold Belt, a highly prospective area for copper and gold mineralisation.

Strategically positioned near other known mineralised deposits, including the Bogong copper occurrence and the Goobarrandra copper mine, the project is well-placed to provide high-potential exploration opportunities. Infinity Mining plans to compile and analyse a comprehensive database of historical drilling results, surface geochemical assays, and geophysical data to identify the most promising exploration targets.

Following the review of this data, Infinity Mining will carry out modern geophysical and geochemical surveys, with on-ground exploration programs set to commence in the coming year. The company has highlighted that high-priority targets will be drilled starting in 2025.

Supported by

The Bogong project’s exploration permit is valid for five years and adds to Infinity’s growing NSW portfolio, which now includes seven granted exploration licences, including the Achilles, Gundagai, Harden, and Cangai projects. This latest acquisition underlines the company’s commitment to advancing its exploration programs in Eastern Australia.

Infinity Mining’s executive chairman, Joe Phillips, expressed enthusiasm about the acquisition, stating, “The Bogong Copper Project is an excellent addition to our portfolio, enhancing our copper-gold exploration opportunities in New South Wales. The presence of drill intercepts with over 1% copper provides a solid foundation as we move forward with our exploration strategy.”

With the company’s continued expansion, Infinity Mining aims to unlock the potential of these properties and deliver long-term value for its shareholders.

Supported byElevatePR Digital

Related News

Australia called to lead global critical minerals supply for green energy transition

Australia must "step up" and take a leadership role in the global supply and refining of critical minerals, which are essential for powering the...

MMS strengthens mining operations with acquisition of East Sampson Gold Project

Mineral Mining Services (MMS) has announced the acquisition of the East Sampson Gold Project in Western Australia, marking a significant expansion of its gold...

India’s lithium boom in Kashmir hits roadblocks amid technical and geopolitical hurdles

Last year, India made a high-profile announcement that a massive reserve of lithium had been discovered in the mountainous region of Kashmir, positioning the...

India and Kazakhstan form joint venture to produce titanium slag in India

India and Kazakhstan have signed a landmark agreement to establish a joint venture, IREUK Titanium Limited, focused on the production of titanium slag in...
Supported by
Supported by
Supported by
error: Content is protected !!