- Infinitum Copper has applied for a mining permit to Mexico’s environmental authority after successful metallurgical test work at the La Adelita project
- A mining impact assessment was recently completed and sent to the Secretaria de Medio Ambiente y Recursos Naturales
- The company will now look to find an offtake partner
- Shares of Infinitum Copper are unchanged at C$0.02, but are up 25 per cent year-to-date
Infinitum Copper (TSXV:INFI) has officially applied for a mining permit for its La Adelita project in Mexico after successful metallurgical test work.
In a news release, the Vancouver-based company stated it had applied for the permit through Mexico’s environmental authority, Secretaria de Medio Ambiente y Recursos Naturales (SEMARNAT), and that a mining impact assessment was also sent to SEMARNAT.
Located in the Alamos Mining District, next to Alamo Dorado Mine in Southern Sonora, Mexico, the La Adelita project has seen historical artisanal mining focused on the adit on the eastern flank of the Cerro Grande anticline.
Mining has historically occurred on the Cerro Grande, which means the company anticipates being able to access the mineralized body through an existing adit.
Infinitum Copper has the option to earn an 80 per cent interest in the copper-silver-gold La Adelita project, which includes several mining claims spanning 6,446 hectares.
Metallurgical test work was also completed where roughly 20 kilograms of material with a head grade of 1.88 per cent copper, 1.06 g/t silver and 74 g/t gold was delivered to Servicio Geologico Mexicano in late 2023.
“We are very pleased with the results of the metallurgical test work. With these results in hand we will look to find an offtake partner among the many operating mines in the surrounding area,” Matt Hudson, CEO of Infinitum Copper, said in a statement. “Using historic drilling in the Cerro Grande area we will look to follow the mineralized body from the adit back towards known mineralized zones. Approaching the mineralized body from underground will further develop our understanding of the La Adelita mineralization.”
Infinitum Copper is focused on the exploration and discovery of properties containing copper mineralization in Mexico.
Shares of Infinitum Copper are unchanged at C$0.02, but are up 25 per cent year-to-date.
Join the discussion: Find out what everybody’s saying about this stock on the Infinitum Copper Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.