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Infinitum Copper (TSX-V: INFI) CEO Steve Robertson on Start of Phase-1 Drilling at Flagship High-Grade La Adelita Copper-Gold-Silver Project, Mexico
Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the CEO of Infinitum Copper — Mr. Steve Robertson. Steve, it's great to have you back on. How are you today?
Steve Robertson: It's great to be here, Gerardo. Thanks very much for having me back.
Gerardo Del Real: Well, listen, we introduced this story to our audience a few weeks ago, and you've been very, very busy. You have three new discoveries of high-grade mineralization that were made in the early part of the field program. And you just commenced a 9,000 meter drilling campaign targeting the high-grade copper-silver-gold at the La Adelita project. You have to be excited. Walk me through the details.
Steve Robertson: Absolutely. Well, let's talk about the new discoveries first. The day that we started trading, we put out a news release announcing that we had three significant new zones of mineralization that we'd identified on the property. And we couldn't be off to a better start.
The guys were actually putting in a geophysical grid to go over top of the historically known Cerro Grande Zone. And while they were putting in the grid, they actually came up with two of the three zones of significant new mineralization. One of them is called Cerro Grande Footwall. So it's just 45 meters stratigraphically lower than the historically known mineralization.
It's really exciting for us because that effectively doubles our potential in that area by having a new horizon that's never been tested before. And it's got this strong mineralization on it. So lots of follow-up work that's going to be needed there. Our drilling that we've got coming up is going to be actually targeting not only the Cerro Grande but the Cerro Grande Footwall. So we've got sort of a double target in each one of the holes that's going to be drilled in that area.
And then, 800 meters to the west, we found the same style of mineralization, again, in a new showing called Pericos. And it's kind of an interesting zone. And we call it Pericos because it's this beautiful green color. The copper staining that's on the rock is how the guys identified it. And they said, well, this is the color of a parakeet. So Pericos is, as you well know, parakeet in Spanish.
And so we've got this great new showing. It's in a pretty steep, inaccessible area so we weren't able to get a backhoe in there to do any trenching. But the crew got up there and did some hand stretching; they've been able to open that up and show that it's actually a fairly substantial size zone. And we're trying to figure out the next phase of exploration for that.
Obviously, we're going to be putting the geophysical lines over top of that, and we'll get the geophysical response from that horizon. But that opens up a whole new area of potential to the south because we think that this limestone that hosts Cerro Grande is folded in an anticline. And so that horizon wraps around over a kilometer to the south and then comes back to the north where it's found just west of Cerro Grande. So it opens up that whole area for potential mineralization. And, of course, that's all going to be covered in the geophysical survey that's ongoing right now.
And then, the third showing that we found, Las Trancas, it's 350 meters south of any previously known mineralization. It's down in the valley bottom so that's an area that was quite accessible to us. We've opened up this area with some new trenches. We're still waiting for the results from that trenching program to come back but we're very encouraged by the degree of alteration that we saw there.
We've got alteration that looks very similar to the old Alamo Dorado mine that was next door. And so if you took a rock from Las Trancas and took it over to Alamo Dorado, you'd think the rock came from the same place. Well, now we’ve found not only the alteration but some very strong mineralization in that same area. So those trenching results are highly anticipated by our crew… we can hardly wait to get them back.
So that's how things are going on the prospecting and trenching front. And then, of course, yes, we've started our 9,000 meter drill program. We've started in with our 3,000 meters of Phase-1 and so we've got these predetermined targets that we're starting to drill. We're still on the first hole so it's just fresh out of the gates, and we should have results from this program starting to roll back in maybe a couple months' time or so.
Gerardo Del Real: I hear all of this and I'm just hearing near-term catalyst, near-term catalyst, near-term catalyst, right, the highly awaited trench results. You've commenced the drilling. Obviously, you're going to be eager to receive and publish the assays from the drilling program.
And again, we're talking about a property that, despite all of the potential and how excited the team is, has seen less than 7,300 meters of historical drilling. Is that accurate?
Steve Robertson: That's absolutely correct, yeah. The fact that it was next door to an operating mine, it's quite unbelievable to me that it's seen as little work as it has over the years. But we've been lucky enough to step into this property with all of the, I'll call it, low-hanging fruit; great exploration opportunities that we have in front of us.
And it's not just your physical anomalies. This is something that's very real. We've got the high-grade showings that are known and just haven't been fully explored. For instance, at Cerro Grande, we know that zone is at least 400 meters long and 300 meters deep. We have no idea where the limits of it are. It hasn't been drilled off in any direction. So this is just a great opportunity for us.
Gerardo Del Real: They call the drills the truth machine. We're going to find out here very, very shortly. Looking forward to having you back on. Thank you so much, Steve, for that thorough update. Anything to add to that?
Steve Robertson: No, I just would ask people to stay tuned on our social media channels and go to our website infinitumcopper.com. And you can sign up for any of our social media links there. And that's the best way to keep in touch with us.
Gerardo Del Real: We'll make sure we provide a link to that page here on the interview transcript. Thank you again, Steve. Appreciate your time as always.
Steve Robertson: Okay, thanks, Gerardo.