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Infield Minerals Announces Letter of Intent for an Option to Acquire the Detroit Sediment-Hosted Gold Property in Utah
VANCOUVER, BC / ACCESS Newswire / February 19, 2026 / Infield Minerals Corp. (TSX-V:IN) (" I...
About this update from Infield Minerals Corp
[{"type":"text","content":"Infield Minerals Announces Letter of Intent for an Option to Acquire the Detroit Sediment-Hosted Gold Property in UtahVANCOUVER, BC / ACCESS Newswire / February 19, 2026 / Infield Minerals Corp. (TSX-V:IN) (\"Infield\" or the \"Company\") is pleased to announce that it has signed a non-binding letter of intent dated February 19, 2026 (the \"LOI\"), to enter into an option agreement to acquire 100% interest in the Detroit sediment-hosted gold property (\"Detroit\" or the \"Property\") in Utah.\"We are excited to expand our project portfolio in Utah with a second sediment-hosted gold property that has demonstrated potential for additional discovery and upside,\" stated Evandra Nakano, President and CEO of Infield. Ms. Nakano continued, \"Our technical team continues to uncover considerable opportunities in the State, where properties at attractive valuations remain underexplored within significant mineral trends.\"Property Highlights:The Mizpah mineralized zone hosts a 500 metre by 300 metre open-ended sediment-hosted gold system with potential for expansionHistorical Mizpah drilling results1 include:2.14 grams per tonne (\"g/t\") gold over 10.7 m (from surface; MZ-049)2.67 g/t gold over 7.6 m (from 19.8 m; MZ-104)1.19 g/t gold over 21.3 m (from 3.0 m; MZ-87-032)Including 2.69 g/t gold over 7.6 m1.51 g/t gold over 16.8 m (from 3.0 m; MZ-87-048)Including 2.20 g/t gold over 10.7 m1.87 g/t gold over 13.7 m (from 30.5 m; MZ-87-052)Hole ended in mineralization (10.01 g/t gold in a 1.5-m sample)Large magmatic-hydrothermal footprint with reactive carbonate host rocks is favourable for additional discoveryEasy logistics with established infrastructure, accessible road network traversing the Property, local mining culture and skilled workforce in UtahAdjacent to multiple historical mines, including the past-producing open pit Drum mineThe Detroit project is a compelling exploration opportunity within the Drum Mountains region of western Utah, situated approximately 65 kilometres northwest of the Company's Kings Canyon property and 160 kilometres southwest of the Bingham Canyon mining district (Figure 1). Approximately 5,115 acres of primarily metalliferous mineral leases with the State of Utah (The School and Institutional Trust Lands Administration) and minor unpatented mining claims (Bureau of Land Management) comprise the Property. The ...