Infinity Mining (ASX:IMI) has been awarded $117,810 under the Western Australian government’s Exploration Incentive Scheme (EIS) to conduct a maiden drilling program at the Brisbane nickel prospect on the Panorama Project (E45/4779) in Western Australia.
The company reports much of the exploration work completed by Infinity to date has been focused on the Brisbane nickel prospect and the surrounding areas.
However, the company adds preliminary results from a recent helicopter-EM (VTEM) survey that is currently being processed, will provide new ‘exciting’ targets for the company to follow-up in 2023.
The proposed program for drilling includes 10 reverse circulation (RC) holes, which will test both the surface geochemistry and the VTEM anomaly.
Additionally, 6 holes will be drilled at an incline under existing rock chip geochemistry and anomalous gossan to test down dip extensions of the peridotite. Meanwhile, the other 4 holes will be drilled as inclined scissor holes to test the offset VTEM anomaly.
Infinity Mining Chief Executive Officer (CEO), Joe Groot says: “The identification of the Brisbane Nickel prospect in open file data and confirmation of the anomalous Ni-Cr geochemistry is very exciting, especially as the preliminary work from our VTEM survey has identified a prominent conductive anomaly target nearby.
The EIS is a very competitive program, and we are fortunate that we are a successful recipient this round. The funding will assist with our active 2023 field campaign in the East Pilbara which is due to commence shortly.”
“The funding will assist with our active 2023 field campaign in the East Pilbara which is due to commence shortly”
The EIS co-funded drilling program was awarded to Infinity by the Government of Western Australia’s Department of Mines, Industry Regulation and Safety (DMIRS), with the aim of encouraging exploration in Western Australia.
Infinity Mining is an ASX-listed exploration company with a focus on lithium, nickel, gold, and copper projects. The company has a number of pending applications in the East Pilbara region totalling 211km-square, which is located in ‘highly’ prospective lithium, nickel, copper, and gold terranes.
Images: Infinity Mining Ltd
