Infinity Mining Uncovers High-Grade Gold Targets in NSW and Victoria
Infinity Mining’s latest quarterly report reveals promising high-grade gold assays at its Sir Walter Scott prospect in NSW and new exploration targets in Victoria, signaling renewed momentum in its Eastern Australian portfolio.
- High-grade gold assays up to 68.6 g/t Au at Sir Walter Scott, NSW
- Three anomalous Intrusion-Related Gold System targets identified at Tanjil Bren, VIC
- LiDAR survey uncovers 263 historical mine workings at Monkey Gully, VIC
- Strategic divestment of non-core Western Australian assets underway
- Company cash balance at $30,290 as of 30 September 2025
Renewed Focus on Eastern Australia
Infinity Mining Limited (ASX, IMI) has delivered a compelling quarterly update for the period ending 30 September 2025, highlighting significant exploration progress across its gold and copper projects in New South Wales and Victoria. The company’s strategic pivot towards its Eastern Australian portfolio is underscored by promising assay results and advanced geological surveys, positioning Infinity to capitalize on high-potential mineral targets.
During the quarter, the Sir Walter Scott gold prospect within the Cangai Project in northern NSW emerged as a standout. Rock chip sampling along a 1-kilometre structural corridor yielded nine assays exceeding 1 gram per tonne gold, with a remarkable peak of 68.6 g/t Au. This high-grade mineralisation lies along strike from Novo Resources’ John Bull Gold Project, suggesting a potentially significant gold system that has seen limited modern exploration to date.
Intrusion-Related Gold Systems in Victoria
In Victoria, Infinity’s exploration efforts at Tanjil Bren and Monkey Gully have uncovered encouraging signs of Intrusion-Related Gold Systems (IRGS), a style of mineralisation known for hosting substantial gold deposits. Re-assaying of historical stream sediment samples at Tanjil Bren identified elevated gold levels up to 70 parts per billion, alongside pathfinder elements such as bismuth, tin, tungsten, and lead, consistent with IRGS geochemistry.
Complementing this, a detailed LiDAR survey at Monkey Gully revealed an extensive network of 263 historical mine workings, including 21 adits and numerous prospecting pits. Approximately half of these are concentrated around the main prospect area, indicating a historically rich zone that warrants further exploration. The geological setting adjacent to Devonian granitoid intrusions further enhances the prospectivity of this area.
Streamlining and Corporate Developments
Infinity has also taken steps to streamline its portfolio by surrendering lower-priority tenements in Tasmania and Western Australia, allowing a sharper focus on its higher-potential NSW and Victorian projects. The company continues to negotiate divestments of non-core Western Australian assets, including the Pilbara projects, to unlock shareholder value and fund exploration activities in the east.
On the corporate front, Infinity issued 60 million unquoted options to non-executive directors following shareholder approval at its Annual General Meeting. Despite a modest cash balance of $30,290 as of 30 September, the company’s strategic asset sales and option issuances may provide avenues to support ongoing exploration.
Looking Ahead
With high-grade gold assays and new IRGS targets identified, Infinity Mining is poised to advance its exploration programs in the coming quarters. Prioritising follow-up work at Sir Walter Scott and Monkey Gully, alongside detailed geochemical investigations at Tanjil Bren, the company aims to build on its recent successes and unlock value from its Eastern Australian assets.
Bottom Line?
Infinity Mining’s Eastern Australian projects are gaining momentum, but funding and execution will be critical to translating exploration promise into shareholder returns.
Questions in the middle?
- Will Infinity secure additional funding to sustain its accelerated exploration programs?
- How will ongoing divestments of Western Australian assets impact the company’s financial flexibility?
- What are the timelines and expected outcomes for drilling campaigns at Sir Walter Scott and Monkey Gully?
