Home / World News / Rock chips, drones lock in gold targets for Infinity Mining

Rock chips, drones lock in gold targets for Infinity Mining

Infinity Mining has identified multiple high-priority drill targets after rock chip sampling returned assays up to 28 parts-per-million gold at its Victor Bore project in the central Goldfields region of WA.

A total of 67 samples were collected by Infinity, with 12 returning assays of more than 0.5ppm gold.

The results came after a recent drone magnetic survey that revealed multiple targets at Victor Bore including a number that sit adjacent to historical workings at the site.

The highest-priority magnetic targets at Victor Bore have been selected for further exploration work including auger soil sampling, air-core and RC drilling.

The rock chip program was conducted earlier this year to verify anomalous gold associated with the historical workings, surface quartz veining and elevated gold grades reported by previous explorers.

These new targets provide us with a better picture of what lies beneath the surface at this project. A large gold deposit lies less than 2 km to the SE at Kailis, and additional gold could extend onto Victor Bore along strike to the NW. We look forward to drill testing the best targets later in 2022.

The Victor Bore project is one of eight the company holds in its Central Goldfields portfolio that sit within the Leonora gold district.

Infinity says the projects are highly prospective for Archaean shear-hosted gold systems and volcanogenic massive sulphide, or “VMS” base metal deposits.

Archean greenstone belts are known for being one of the more productive sources of gold.

VMS deposits often form in clusters or camps and can be a major source of metals such as copper, lead and zinc and can also produce economic amounts of gold and silver.

The celebrated Iberian Pyrite Belt, running through Portugal and Spain, has seen the discovery of about 90 VMS deposits with several containing more than 100 million tonnes of ore.

All of Infinity’s Central Goldfields tenements lie in areas of Archaean greenstone, associated with major fault zones such as the Ursus Fault.

The company says a number of significant gold deposits sit along strike of the more than 13 square kilometre land package including King of the Hills and Kailis.

Infinity also has four projects in WA’s Pilbara region — Hillside, Panorama, Tambourah and Noreena Downs — where it is currently testing for gold, copper, nickel and lithium potential.

Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au

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