Infinity Mining Doubles Gold Footprint At Tanjil Dome
Infinity Mining Limited has doubled the length of its gold-antimony anomaly footprint to 1 km at the Tanjil Dome project in Victoria, driven by soil and surface sampling that returned grades up to 3.70 g/t Au.
Exploration at the Tanjil Bren project is being conducted under a binding farm-in and joint venture agreement with Mining One Consultants, which can earn up to a 51% interest through approximately $500,000 in exploration expenditures. Initial surface sampling conducted by Mining One at Tanjil Dome returned rock chip assays grading up to 48.7% antimony and 1.35 g/t gold.
The expanded laboratory dataset demonstrates that gold forms a coherent anomaly that broadly corresponds with the previously defined antimony-arsenic geochemical footprint, suggesting that surface stibnite mineralisation is part of a larger hydrothermal system.
In addition to expanding the Tanjil Dome footprint, regional exploration has identified a new target 3 km to the east at the Good Hope Prospect. Systematic surface sampling defined an anomalous geochemical trend extending over at least 1.5 km, featuring a high-grade grab sample of 12.91 g/t Au associated with historical hard-rock workings.
“Importantly, Good Hope is emerging as a significant second target. We now have high-grade gold at surface, historical workings and an anomalous trend extending for approximately 1.5km. The emergence of multiple targets across the project substantially increases the exploration opportunity and gives the Joint Venture a growing pipeline of targets for systematic follow-up.”
— Cameron Petricevic, Executive Chairman
Infinity Mining plans to conduct trench sampling across both the Tanjil Dome and Good Hope prospects and intends to execute initial drilling programs to test the continuity at depth of the surface results, following receipt of program of works approval.
Read the full announcement: Gold-Antimony Expands at Tanjil Dome in Victoria