Infinitum Copper Corp. is pleased to announce that project operator Prismo Metals Inc. has engagement ExploreTech Inc. from California to apply xFlare, their Artificial Intelligence -Optimized drill planning solution, at its Hot Breccia Project where a number of features suggests the potential for a well mineralized Arizona-style Copper Porphyry at depth. The xFlare AI approach is specifically designed to combine surface [...]
Infinitum Copper Corp. is pleased to report that it has applied for a mining permit to the environmental authority in Mexico following receipt of successful metallurgical test work. Mining Permits A Mining Impact Assessment was recently completed and has now been submitted to the Secretaria de Medio Ambiente y Recursos Naturales . SEMARNAT is the Mexican government department responsible for the issue of mining permits [...]
Infinitum Copper Corp. is pleased to announce that project operator Prismo Metals Inc. has completed the heliborne ZTEM geophysical survey undertaken at the Hot Breccia copper project in Arizona, and has identified a priority drill target. Hot Breccia is located in the heart of the prolific Arizona Copper Belt between Tucson and Phoenix . The ZTEM survey identified a large conductive body at depth below the surface [...]
Infinitum Copper Corp. is pleased to report that it has met the necessary expenditure commitment to earn an initial 80% of La Adelita from Minaurum Gold Inc. by making a total expenditure on the project of $CAD3,042,090. The company is also reporting results from the last six diamond drill holes at La Adelita in Sonora, Mexico. Completion of Initial Earn In and Establishment of Joint Venture Following completion of the [...]
Infinitum Copper Corp. is pleased to announce the start of drilling at its flagship 6,450 hectare La Adelita property located in Sonora, Mexico. The program, consisting of 15 diamond drill holes totalling 2,500m, is designed to expand the size of the high-grade mineralised area at Cerro Grande zone as well as test for mineralisation at depth in the Las Trancas zone. CERRO GRANDE ZONE 9 drill holes are programmed for the [...]
Infinitum Copper Corp. is pleased to report results from the last six of twelve diamond drill holes at Infinitum's flagship project, La Adelita in Sonora, Mexico. Drill hole AD-22-0028 returned 48.7m of 1.22% CuEq starting at 198.85 m down hole in the Cerro Grande zone while AD-22-0021 returned 19.85m of 1.00% CuEq from 34.5 m down hole. Similar to previously announced drilling results, mineralization is hosted in [...]
Infinitum Copper Corp. announces that it has closed the first tranche of its previously announced non-brokered private placement financing. The private placement tranche was completed with a total of 23,850,131 units at a price of $0.07 per Unit, for gross proceeds of $1,669,509.17 . Each Unit consists of one common share of the Company and Common Share purchase warrant of the Company. Each purchase warrant entitles the [...]
Infinitum Copper Corp. is pleased to announce the successful closing of the first tranche of the C$1,500,000 private placement announced March 15th, 2023. Tranche 1 comprises a total of 21,052,417 units representing gross proceeds of $CAD1,473,669.19. Tranche 2, representing $CAD26,330.81, is expected to be closed on or before Thursday 27th April 2023. "The response to this capital raise has been very positive with [...]
Infinitum Copper Corp. is pleased to announce a private placement to raise gross proceeds of up to C$1,500,000 through the issue of up to 21,428,571 units of the Company at a price of C$0.07 per Unit . Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant , with each Warrant entitling the holder thereof to purchase one additional Common Share at a price of C$0.14 per Common [...]
Infinitum Copper Corp. is pleased to announce the successful closing of the previously announced transaction with Prismo Metals Inc. with respect to Hot Breccia porphyry copper-skarn project located in the Arizona Copper Belt. In accordance with the agreement, Infinitum has now received CA$350,000 cash and 500,000 Prismo shares. Prismo will now complete CA$5,500,000 of exploration work over the next five years following [...]
Infinitum Copper Corp. announces that Matt Hudson has been appointed as President and CEO of the Company effective February 1, 2023. Matt's operational experience in Mexico, knowledge of capital markets and ability to advance resources projects globally represents a unique set of skills that will allow him to lead Infinitum as we progress our flagship Adelita project. Building on what has already been achieved since going [...]
Infinitum Copper Corp. announces that it has signed an agreement granting Prismo Metals Inc. the option to acquire up to a 75% interest in the Hot Breccia project in Arizona State, by assuming all cash payment and work commitment obligations remaining under the Option Agreement with Walnut Mines LLC . Infinitum acquired the Option to earn 100% in Hot Breccia, subject to a 2% NSR to the vendor, in April 2022 . Prismo will [...]
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