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Infinity Mining (ASX:IMI) completes exploration at Barlow’s Gully

ASX News, Mining
ASX:IMI      MCAP $8.669M
14 February 2022 18:07 (AEST)
Infinity Mining (ASX:IMI) - Executive Chairman, Joe Phillips

Source: Joe Phillips / LinkedIn

Infinity Mining (IMI) has completed the first stage of ground exploration on the Barlow’s Gully tenement in Western Australia.

Between January 22 and 28, a 679-metre aircore drilling program was completed at Barlow’s Gully to identify potential hard rock gold sources for the surface alluvial gold present within the soils.

A total of 194 aircore holes were drilled, spaced roughly 150 to 200 metres apart.

The samples have been collected and sent to a laboratory in Western Australia for gold and multi-element analysis with results due next month.

“The company has delivered an early-stage air-core drilling program on the Barlow tenement, to determine the potential source of the surface gold, historically collected from this area,” CEO Joe Groot said.

“The results from this aircore program will enable Infinity to design further aircore and reverse circulation drilling programs to test for potential hard rock gold below the gold-bearing surface deposits.

“To our knowledge, this is the first modern-day exploration program conducted at Barlow’s, as the lease has always been in private hands. Further details will be provided in the coming weeks.”

Infinity has ended the day 5.56 per cent in the green with shares trading at 19 cents for a $19.58 million market cap.

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