Mike Fagan,
Editor
March 23, 2022
Infinitum Copper Corp. (TSX-V: INFI) — newly listed and currently trading around C$0.35 per share — has discovered three new zones of high-grade copper-dominant mineralization at the flagship La Adelita project, located in Sonora, Mexico.
Infinitum has an option to earn in 80% of the La Adelita project from Minaurum Gold (TSX-V: MGG)(OTC: MMRGF).
The Infinitum team has identified three new zones of significant copper-silver-gold-zinc mineralization through a recently-completed mapping, prospecting, and surface sampling program: the Cerro Grande footwall, Las Trancas, and Pericos zones.
Channel sampling at the Cerro Grande footwall zone has produced a high-grade intercept of 1.88% copper, 0.89 grams per tonne gold, 127.5 grams per tonne silver, and 0.92% zinc over 7.5 meters.
The company is wasting no time in putting together a two-phase drill program to follow up on the new high-priority targets. The first phase, which is slated for 3,000 meters across 14 drill holes, is scheduled to commence in late March and will focus on existing targets, including in the newly-identified mineralized zones.
The second phase, which will run concurrently with phase-one, calls for 6,000 meters across approximately 20 drill holes with a focus on newer targets as identified through trenching, geophysics, and upcoming phase-one drilling results.
Infinitum Copper CEO, Steve Robertson — whom you’re about to hear from directly in our exclusive interview — commented via press release.
“The mineralized system at La Adelita is impressive in regard to both grade and the areal extent of the high-grade system. The discovery of three significant new zones of high-grade mineralization is supportive of our view that this is an area with strong hydrothermal activity, resulting in alteration and mineralization that requires more exploration. The alteration observed shows evidence of a complex history with indications of a crosscutting episode of hydrothermal alteration and a retrograded core zone. I view these factors to be strong indicators that the mineralizing hydrothermal process was multiphase and long-lived. These are features that we look for to increase the odds of exploration success.”
With a focus on delineating multiple zones of high-grade copper-dominant mineralization by way of the drill at La Adelita, the timing could not be better for Infinitum with copper spot prices trading above US$4.60 per pound in what looks to be the very early stages of a multi-year bull market for the red metal.
Our own Gerardo Del Real of Junior Resource Monthly caught up with Infinitum Copper CEO, Steve Robertson, to go over the property, the team, the copper market, and next-steps for advancing the high-grade La Adelita project. Enjoy!
Yours in profits,