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Infinity Mining Limited (ASX:IMI)

ALERT: Price-sensitive ASX Announcement for IMI
Current share price for IMI : $0.008 -0.002 (-20%)+
Announcement
Release
29 Jan 2026 6:22PM
Price at Release
$0.010
Full Release
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Summary
Infinity Mining Limited's Quarterly Activities Report for the period ending 31 December 2025 outlines the company's exploration, project development, and corporate activities. Highlights include the execution of a Memorandum of Cooperation with Orivium Global Pte Ltd to use the 'Super Oxidiser' technology at the Cangai Copper Project, aiming for environmentally friendly extraction of metals. High-grade antimony mineralization was confirmed at the Walhalla South Extended Project, and a new mining licence was granted. The company raised A$1.0 million via share placement and strengthened its board with the appointment of Dr. Gongkui (James) Xiao as Non-Executive Director. Financially, the company ended the quarter with a cash balance of $723,554.
Key Points
  • Executed Memorandum of Cooperation with Orivium Global Pte Ltd for Cangai Copper Project.
  • Confirmed high-grade antimony mineralization at Walhalla South Extended.
  • Raised A$1.0 million via share placement.
  • Appointed Dr. Gongkui (James) Xiao as Non-Executive Director.
  • New mining licence granted (EL 9803).
  • Ended quarter with $723,554 cash balance.
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.