Infinity Mining has been granted a five-year extension to an exploration licence that is part of the company’s Panorama project in the Pilbara region of WA. The extension also includes two other adjoining tenements and has a new expiry date of 20 November 2027.
The Panorama project consists of three tenements covering 252.3 square kilometres about 40km west of Marble Bar. The western side of the project is located over a complex structural area on the eastern edge of the Shelley monzogranite complex that also hosts the nearby Sulphur Springs and Kangaroo Caves projects. Sulphur Springs holds 17.4Mt at 1.3 per cent copper, 4.2 per cent zinc and 17 grams per tonne silver whilst the Kangaroo Caves deposit hosts 3.55Mt at 6 per cent zinc 0.77 per cent copper and 15.2 g/t silver.
Infinity Mining Chief Executive Officer, Joe Groot said: “The Company strongly believes in the high-prospectivity of the Panorama Project given its geological character and the proximity to the known gold and copper mineralisation, including the Sulphur Springs and Kangaroo Caves base-metal deposits and is committed to progressing and expanding its exploration program in the coming field season.”
Last week rock chip sampling at its Brisbane nickel prospect within the Panorama project returned anomalous nickel and chromium results.
The explorer collected a total of 35 samples at the site with assays showing results of up to 7636 parts-per-million nickel and 8918ppm chromium consistent with previous geochemical results.
Infinity conducted a helicopter electromagnetic survey over the Panorama project in October and identified a prominent conductive target 350m east of the Brisbane prospect that the company believes could host a buried nickel sulphide system. The final interpretation of the data is currently underway.
The Brisbane prospect was first identified in 1969 by Planet Metals that conducted a geological mapping and rock chip sampling program at the site that returned results of up to 6319ppm nickel and 14800ppm chromium.
The site sits along the basal contact of an ultramafic intrusion of the Dalton Suite that is considered to be an important host rock for nickel. The recent sampling program also unearthed anomalous levels of zinc up to 2569ppm.
Infinity has enjoyed a busy past six months at its Pilbara tenements. Just last month the company wrapped up its maiden RC drilling campaign at its Tambourah South lithium prospect in the Eastern Pilbara with visible lepidolite and spodumene spotted in 18 of the 21 holes sunk for 1812m. Additional Pilbara exploration tenements held by the company include Tambourah North, Strelley Gorge, Hillside and Noreena Downs.
Infinity also has a swag of prospecting, exploration and mining leases and licences in highly prospective gold-copper-lithium terranes in WA’s Goldfields.
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