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Infinity charges its Pilbara portfolio

23 November 2022 12:42
ASX: IMI

Infinity Mining have agreed to acquire another 250 square kilometres of tenure, making it 960km2 of territory across the highly propsective greenstone belts of Western Australia’s East Pilbara region.

The strategic acquisition adjoins Tambourah South, raising the profile of LCT discovery potential as Infinity’s maiden campaign continues on the project’s largest lithium-bearing pegmatites.

Home to significant strictures near younger lithium-fertile granitic intrusive of the split rock suite, the project also holds noted potential for both shear hosted gold and VHMS deposits.

Exploration over Tambourah South has continued to impress over the past months, bringing in widespread return of high grades up to 2.635 per cent lithium oxide, 2.6 kilometres of strike for drilling, and significant unearthed rubidium potential.

Results out of Tambourah South are expected to come rolling in over the coming months.

IMI’s Australian Stock Exchange-listed share price has risen 17.24 per cent today, currently selling at 34c (12.03pm UTC+ 8 hours).

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