Infinity Mining Limited · ASX:IMI
Infinity Mining — Investor Presentation (November 2024)
21 slides from Infinity Mining's investor presentation, Nov 1, 2024
Slide 1: Acquisition: Cangai Copper Project & Copper-Gold Exploration Assets
HEADING IN QUICKSAND CAPS ACQUISITION CANGAI COPPER PROJECT & HIGHLY-PROSPECTIVE COPPER-GOLD EXPLORATION ASSETS IN EASTERN AUSTRALIA NOVEMBER 2024
Slide 2: Overview
OVERVIEW Infinity Mining Limited (ASX: IMI) has entered into binding term sheets to acquire a portfolio of the Cangai Copper Project, as well as gold and copper exploration projects in New South Wales, Victoria and Tasmania being: • The acquisition of three exploration licenses, EL8625, EL8635 and E
Slide 3: Target Portfolio Primed for Discovery
Target Portfolio Primed for Discovery THE • Cangai Copper Project High-grade historic copper mine. JORC Resource with near OPPORTUNITY term potential. • ~3,000km² portfolio includes potential high-grade gold projects, as well as copper, tungsten, molybdenum, tin, and other base metals, offering mult
Slide 4: New South Wales
NEW SOUTH WALES CANGAI COPPER MINE / ACHILLES SHEAR ZONE & MACQUARIE ARC Strategic position (991 km2) in NSW. Cangai Copper – 333km2 • High grade historic copper mine. • JORC Resource with near term potential. Achilles – 14km2 • Covers Achilles Shear Zone, key Ural Volcanic units plus historic minin
Slide 5: NSW - Cangai Copper
NSW - CANGAI COPPER The Cangai Project includes the historic Cangai Copper Mine located in the north-western corner of New South Wales, approximately 220 km south of Brisbane, and 500 km north of Sydney. • JORC2012 compliant Mineral Resource Estimate of 4.4Mt @ 2.5% Cu inferred insitu and 0.2Mt @ 1.
Slide 6: NSW - Cangai Copper: Drilling & Expansion
NSW - CANGAI COPPER DRILLING & EXPANSION Robust project that delivers material exploration upside & one of Australia’s highest grading copper deposits. • RECENT RC DRILLING assay results up to 10.25% Cu, 6.04% Zn and 32.5g/t Ag, including best intersection of 11m @ 5.94% Cu from 40m including 1m @ 1
Slide 7: NSW - Cangai Copper: Metallurgy & Opportunities
NSW - CANGAI COPPER METALLURGY & OPPORTUNITIES There is significant potential to generate near-term revenue from processing the existing spoil dumps at Cangai. Metallurgical tests have confirmed the presence of high- grade copper and associated metals in these dumps, which could be economically proc
Slide 8: NSW - Achilles Shear Zone & Macquarie Arc
NSW - ACHILLES SHEAR ZONE & MACQUARIE ARC Targeting gold & copper systems (eg: Achilles discovery by ASX:AGC). Achilles – 14km2 • Covers Achilles Shear Zone, key Ural Volcanic units plus historic mining sites (Ural/Mt Bowen). • ~15km north (along strike) from ASX:AGC’s recent drill intercepts (5m @
Slide 9: NSW - Bogong Cu-Au
NSW - BOGONG Cu-Au The Bogong Project covers ~16km of large-scale Mooney-Money fault system with potential for Cu-Au system. • Open ended Cu-Ag system with 500m+ of strike as part of 14km trend of Silurian Volcanics. Lac-Ma-Lac Gold Mine4 Tumut Copper Mine5 • Situated within boundary of known Rock c
Slide 10: NSW - Achilles Shear
NSW - ACHILLES SHEAR The Achilles Shear Project covers 5 km of the Achilles Shear zone & key Ural Volcanic units: o 5 g/t Au and 30 g/t Ag, 1% Cu & 1.5% Zn+Pb on tenement1. • Encompassing Mt Bowen occurrence and historic Ural Mine mining sites, with: o 1% Cu, 1.5% Pb and 0.15% Zn.2 o 5 g/t Au & 30 g
Slide 11: NSW - Harden Au
NSW - HARDEN Au Alluvial drilling Harden is a historical alluvial gold zone Interpreted region with gold believed to be minor Structures quartz veins in granodiorite. • Historical production in excess of 15 tonnes Au, 90% produced within Historic Gold Shafts a 20km radius of Young.1 Other gold occur
Slide 12: NSW - Gundagai Cu-Au
NSW - GUNDAGAI Cu-Au Gundagai contains the southern extension of the Macquarie Arc (Australia’s largest porphyry Cu-Au terrane). • Long history of historical workings, prospective for orogenic gold and IRGS with potential for VHMS and Porphyry deposits. • Nangus Road porphyry target and cut cross by
Slide 13: Victoria: Melbourne Zone (Gold-Antimony)
VICTORIA MELBOURNE ZONE (GOLD-ANTIMONY) Strategic position (1,065 km2) in Victoria. Targeting IRGS, e.g. SUNDAY CREEK (Melbourne Zone) >1Moz@~6g/t Au1. Monkey Gully – 40km2 • Drilling indicates IRG systems. 2 AUD1.5M in previous exploration expenditure. Prosser’s Reef – 525km2 EL. • Target Buxton ri
Slide 14: Victoria: Targeting IRGS, Sunday Creek
VICTORIA Targeting IRGS, e.g. SUNDAY CREEK (Melbourne Zone) >1Moz@~6g/t Au1. • Gold mineralisation in the aureoles of late Devonian granites have been demonstrated by successful IRGS drilling by Southern Cross Gold (ASX:SXG). • Sunday Creek mineralisation is disseminated arsenopyrite and pyrite in N
Slide 15: Victoria - Targeting IRGS Gold
VICTORIA - TARGETING IRGS GOLD Intrusion-Related Gold System (IRGS) Exploration Model ATTRACTIVE EXPLORATION TARGET – NOTABLE DEPOSITS • SUNDAY CREEK – ~1Moz @ ~6g/t Au1 • POGO - 8Moz @ 13.6g/t Au 2 • FORT KNOX - 7Moz @ 0.83g/t Au 3 • STAWELL-WONGA – 6moz 4 • KIDSTON – 5Moz @ 1.7g/t Au 5 MINERALISAT
Slide 16: Victoria - Monkey Gulley Au/W/Mo/Sn
VICTORIA - MONKEY GULLEY Au/W/Mo/Sn Monkey Gulley is 25km east Sunday Creek. • Southwest corner of EL7620, showing obvious annular, intrusive zoned structure. • W, Mo, Sn rock IRGS geochemistry. • Magnetic high IRGS target at depth, associated with increased Mo and Au in W Geochemistry drilling. • I
Slide 17: Victoria - Tanjil Bren & Walhalla South Ext Au
VICTORIA - TANJIL BREN & WALHALLA SOUTH EXT Au Tanjil Bren & Walhalla South Extension are proximal to High- grade Walhalla (Melbourne Zone) goldfield quartz veins in shears. • Further quartz reef/dyke associated gold mineralisation is targeted at the Charity Creek and Tyers River alluvials and deep
Slide 18: Victoria - Prosser's Reef Au
VICTORIA - PROSSER’S REEF Au Prosser’s Reef is ~28km southeast of Sunday Creek discovery. • Target Buxton ring-dykes and intrusions surrounding the Cerberion Cauldron and Black Range Granodiorite. • Aerial magnetics suitable for interpretation. • Gold potential is based on similar intrusion-related
Slide 19: Disclaimer
This presentation (in this projected form in hard copy and presented) (collectively “Presentation”) has been prepared in good faith and is provided in confidence only for the exclusive use of the person to whom the Disclosing Party delivers the presentation and on the basis that Infinity Mining Limi
Slide 20: Appendix - Key Acquisition Terms
APPENDIX - KEY ACQUISITION TERMS Key acquisition terms: Shares Options • The consideration payable to GMH shareholders: o 60,000,000 shares; o Reimbursement of reasonable and verifiable expenses incurred in Current IMI shares on issue 135,744,132 38,260,287 keeping the projects in good standing, up
Slide 21: Appendix - Tenement Detail
APPENDIX - TENEMENT DETAIL VENDOR TENEMENT STATUS NAME STATE AREA (KM²) EXPIRY DATE Castillo Copper Ltd EL8601 Current Cangai North NSW 75 21/06/2026 Castillo Copper Ltd EL8625 Current Cangai South 1 NSW 103 17/07/2026 Castillo Copper Ltd EL8635 Current Cangai South 2 NSW 155 21/08/2026 Application
Infinity Mining — Investor Presentation (November 2024) on 6ix