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Infinity Mining Discovers Promising Gold Deposits in Western Australia

Infinity Mining Discovers Promising Gold Deposits in Western Australia

Infinity Mining, a leading mining company, has recently announced the results of its Central Goldfields project in WA’s Leonora gold district. The company has successfully produced a maiden mineral resource estimate, revealing a substantial amount of gold in the area. With seven prospects under consideration, Infinity Mining has identified two prospects with a solid exploration target estimate, further enhancing the project’s potential.

The Central Goldfields project spans across ten mining and prospecting licenses, encompassing seven separate prospects in Western Australia. The recent findings indicate a significant presence of gold in the region, highlighting the immense opportunity for Infinity Mining to further develop its mining operations.

According to the maiden inferred mineral resource estimate, the Central Goldfields project boasts a total of 60,300 ounces of gold. This estimate is based on the analysis of 1.33 million tonnes of ore, with an average grade of 1.41 grams per tonne of gold. These results signify a substantial resource that Infinity Mining can leverage for its future endeavours.

Furthermore, Infinity Mining has unveiled a promising exploration target estimate for two of its prospects within the Central Goldfields project. The exploration target for the Craig’s Rest prospect ranges from 1.55 million to 4.66 million tonnes of ore, with gold grades ranging from 2.2 grams per tonne to 3.7 grams per tonne. This translates to an estimated total of 104,000 to 540,000 ounces of gold.

In addition, the Victor Bore prospect shows great potential, with an exploration target estimate of 180,000 tonnes at a gold grade of 2.2 grams per tonne and 490,000 tonnes at a gold grade of 3.4 grams per tonne. These estimates indicate the presence of 12,000 and 52,000 ounces of gold, respectively. Such promising figures demonstrate the untapped wealth that lies within these prospects.

Management at Infinity Mining is optimistic about the recent findings. They emphasise the significance of the exploration target estimates, which highlight the vast potential for mineralization in just two of the company’s seven prospects. Recent drilling at the Garden Well prospect has provided encouraging results, with grades and widths exceeding 3 meters, containing 6 grams per tonne of gold.

Furthermore, management states that detailed geophysics, geochemistry, and satellite imagery have revealed additional mineralised trends in the Craig’s Rest prospect. These trends extend over a combined strike length of more than 800 meters, further supporting the potential for significant gold resources in the area.

The combined inferred resource estimate of 60,300 ounces of gold, along with the substantial exploration targets identified for just two prospects, suggest that Infinity Mining’s extensive portfolio holds the potential for significant additional gold resources. The company is enthusiastic about the prospects of expanding its resource base and capitalising on the untapped reserves within its mining licenses.

Infinity Mining’s discoveries in the Central Goldfields project present a promising outlook for the company and the gold mining industry in Western Australia. With a solid mineral resource estimate and substantial exploration targets, Infinity Mining is well-positioned to harness the wealth of gold in the region and contribute to the economic growth of the area.

In conclusion, Infinity Mining’s Central Goldfields project has yielded impressive results, with a maiden mineral resource estimate of 60,300 ounces of gold. The exploration target estimates for two of the company’s prospects further highlight the vast potential for additional gold resources. With its extensive portfolio and promising findings, Infinity Mining is poised to make significant strides in the gold mining sector in Western Australia.