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Infinity Mining Limited (ASX:IMI)

ALERT: Price-sensitive ASX Announcement for IMI
Current share price for IMI : $0.006 -0.006 (-50%)+
Announcement
Release
31 Oct 2025 6:07PM
Price at Release
$0.012
Full Release
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Summary
Infinity Mining Limited's Quarterly Activities Report for the period ending 30 September 2025 provides an overview of the company's exploration and corporate activities across its projects in Eastern and Western Australia. Key highlights include continued exploration at the Sir Walter Scott Gold prospect in NSW, where significant gold assays were obtained, and the identification of new targets at the Tanjil Bren project in Victoria, consistent with Intrusion-Related Gold Systems (IRGS) geochemistry. The report also mentions the strategic divestment of non-core Western Australian assets and a financial update, including a cash balance of $30,290 as of 30 September 2025.
Key Points
  • Exploration continued on gold-copper projects in NSW and VIC with significant gold assays.
  • Sir Walter Scott Gold prospect in NSW showed promising results with high-grade gold assays.
  • New targets identified at Tanjil Bren project, VIC, consistent with IRGS geochemistry.
  • Strategic divestment of non-core Western Australian assets continued.
  • Financial update: cash balance as of 30 September 2025 was $30,290.
  • Quarterly cashflow included exploration expenditure and operational costs.
  • Divestment of Leonora Goldfields Project in WA to focus on core assets.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.