Infinity Mining (ASX:IMI) has acquired the Achilles Copper-Gold Tenement (EL9700) in New South Wales, expanding its exploration portfolio. The tenement was granted on September 16, 2024, and will be valid until September 16, 2027. This acquisition is part of Infinity's broader strategy to boost copper-gold exploration in the region.
Infinity Mining has expanded its exploration portfolio with the acquisition of the Achilles Copper-Gold Tenement in the Achilles Shear Zone, New South Wales. The tenement, part of a strategy to enhance copper-gold exploration, covers 5 km within a mineral-rich area. The company plans to gather historical data and evaluate mineral occurrences at the Ural gold and Mt Bowen copper prospects. Modern surveys will identify targets for drilling in 2025. Infinity's diverse portfolio spans over 3,700 km², focusing on copper, gold, and other base metals, alongside lithium. The company remains committed to strategic growth and exploration in highly prospective regions.
The strategic importance of the new acquisition cannot be overstated. The potential for further copper-gold discoveries in this highly prospective region is significant.