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About Infinitum Copper Corp
Infinitum Copper Corp (OTCQB: INUMF) is a junior mining company focused on the exploration and development of high-grade copper projects in North America. With a strategic emphasis on copper, silver, and gold deposits, the company is advancing two flagship assets: the La Adelita Project in Mexico and the Hot Breccia Project in Arizona, USA. Operating in historically significant mineral districts, Infinitum Copper leverages cutting-edge technologies and strategic partnerships to unlock the value of its assets.
Key Projects
La Adelita Project
Located in the Sonora and Sinaloa states of Mexico, the La Adelita Project is a high-grade Carbonate Replacement Deposit (CRD) known for its rich copper, silver, and gold mineralization. The project spans a district with a long history of mining activity, underscoring its geological potential. Infinitum Copper holds an 80% interest in this asset and is actively advancing its development. Recent efforts include the mobilization of equipment to access historic adits and the initiation of underground development to further explore and delineate mineralized zones.
Hot Breccia Project
Situated in the heart of the Arizona Copper Belt, approximately 90 kilometers north of Tucson, the Hot Breccia Project is a promising exploration target for porphyry copper and copper skarn mineralization. Infinitum Copper has an option to earn a 25% interest in this project, which is being advanced in partnership with Prismo Metals. Utilizing advanced geophysical techniques, such as VTEM surveys and AI-driven modeling through ExploreTech's xFlare platform, the project aims to identify high-priority drill targets in this prolific copper district.
Business Model and Strategy
Infinitum Copper operates with a focused business model centered on exploration, joint ventures, and the application of advanced technologies. The company generates value by identifying and developing high-grade mineral deposits, often in collaboration with partners. For example, its partnership with Prismo Metals at the Hot Breccia Project enables the efficient allocation of resources and expertise. Additionally, the use of innovative tools like AI-optimized drill planning enhances the precision and efficiency of exploration activities.
Industry Context and Competitive Position
The global demand for copper continues to rise, driven by its critical role in renewable energy systems, electric vehicles, and infrastructure development. Infinitum Copper's focus on high-grade projects positions it to potentially capitalize on this growing demand. Operating in geologically rich regions like the Arizona Copper Belt and Mexico's mineralized districts provides the company with a competitive edge. However, like many junior mining companies, Infinitum faces challenges such as securing consistent funding and managing exploration risks. Its strategic use of partnerships and technology helps mitigate these challenges and enhances its competitive positioning.
Why Infinitum Copper Stands Out
- High-Grade Assets: Both La Adelita and Hot Breccia are located in historically significant mining districts with proven mineral potential.
- Innovative Exploration: The company employs advanced technologies, such as AI-driven geophysical modeling, to optimize exploration efforts.
- Strategic Partnerships: Collaborations with companies like Prismo Metals enable resource sharing and operational efficiency.
- Experienced Leadership: Infinitum Copper is led by a team of industry veterans with extensive experience in mineral exploration and development.
Conclusion
Infinitum Copper Corp is a forward-thinking junior mining company with a clear focus on advancing high-grade copper projects in North America. Through its strategic partnerships, innovative exploration techniques, and commitment to unlocking the potential of its assets, the company is well-positioned within the competitive landscape of copper exploration. Investors and industry observers alike recognize Infinitum Copper as a company with significant potential in the evolving copper market.
VANCOUVER, BC / ACCESSWIRE / February 9, 2023 / Infinitum Copper Corp. (TSXV:INFI)(OTCQB:INUMF) announces Matt Hudson as the new President and CEO effective February 1, 2023. Hudson's expertise in operational management in Mexico and capital markets is expected to propel the flagship Adelita project forward. Former CEO Steve Robertson will transition to Chairman. Michael Wood has returned as CFO, succeeding Melinda Hsu. The leadership changes aim to strengthen the Company’s strategic direction and partnerships while building on its accomplishments since going public in March 2022.
Infinitum Copper Corp. has signed an agreement with Prismo Metals Inc. that allows Prismo to acquire up to a 75% interest in the Hot Breccia project in Arizona. Prismo will assume all payment and work obligations under the existing agreement for $350,000 and the issuance of 500,000 shares. Upon completion of these obligations, Infinitum and Prismo will form a 75:25 joint venture for the project. This collaboration enables Infinitum to concentrate on its flagship project, La Adelita, while retaining a stake in Hot Breccia.
Infinitum Copper Corp. has successfully closed the first tranche of a non-brokered private placement financing, raising $155,757 through the sale of 1,198,129 units at $0.13 per unit. Each unit includes one common share and one-half share purchase warrant priced at $0.22 for two years. Proceeds will fund exploration at the La Adelita project in Mexico and the Hot Breccia project in Arizona. The company amended its agreement for the Hot Breccia project, reducing a cash payment due and increasing share issuance. The deal is pending necessary approvals.
Infinitum Copper Corp. announced a plan to raise C$1,000,000 through a non-brokered private placement financing. The offering consists of up to 7,692,308 units priced at C$0.13 per unit, with each unit comprising one common share and one-half warrant, allowing the purchase of additional shares at C$0.22 for two years. Proceeds will support exploration efforts at the La Adelita project in Mexico and the Hot Breccia project in Arizona. The offering is subject to TSX-V approval, and there's no assurance it will be completed as proposed.
Infinitum Copper Corp. (TSXV: INFI)(OTCQB: INUMF) announced successful diamond drilling results at its La Adelita project in Mexico. Drill hole AD-22-0019 revealed 32.25 meters of 1.01% copper, 0.52 g/t gold, and 39.69 g/t silver, translating to 1.74% copper equivalent. The mineralization is associated with semi-massive to massive magnetite and is open along strike and depth. A significant mineralized zone has been identified, suggesting promising exploration potential. The company anticipates further drilling based on strong geophysical anomalies.
Infinitum Copper has reported positive drilling results from its La Adelita project in Mexico. Drill hole AD-22-0018 yielded an impressive 20.60 meters of mineralization with 1.91% copper, 2.00 g/t gold, and 40.91 g/t silver starting at a depth of 163.15 meters. The mineralization is open in all directions and may strengthen with depth.
These results support the geological model of a large mineralized system, prompting further exploration efforts in the area.
Infinitum Copper Corp. has completed the first phase of exploration at its La Adelita project in Mexico, discovering significant mineralization at various sites, notably a trench at Las Trancas yielding 9.15m of 16.45g/t gold, 1.90% copper, and 3.50g/t silver. The geophysical interpretation aligns with historic drilling, revealing promising anomalies for further exploration. Twelve diamond drill holes, totaling 2,574m, were completed, with results pending. A new land access agreement with the Los Batequis Community enhances future exploration potential.
Infinitum Copper Corp. (TSXV:INFI)(OTCQB:INUMF) has successfully closed a non-brokered private placement financing, raising a total of $1,036,035 through the sale of 5,180,175 Units. Each Unit comprises one common share and one warrant, enabling purchase of additional shares at $0.45 for two years. Proceeds will fund exploration projects in Sonora, Mexico, and Arizona, USA. The offering included subscriptions from insiders and a finder’s fee of $37,100, alongside additional warrants. The Offering is subject to regulatory approval.
Infinitum Copper Corp. (TSXV:INFI)(OTCQB:INUMF) plans to raise up to C$1,000,000 through a non-brokered private placement of 5,000,000 units priced at C$0.20 per unit. Each unit comprises one common share and a warrant, allowing the purchase of an additional share at C$0.45 for two years. Funds will support exploration projects in La Adelita, Mexico, and Hot Breccia, Arizona. The offering is subject to TSX-V approval and involves potential finder's fees. Forward-looking statements indicate risks inherent to the company's business.
Infinitum Copper Corp. has begun trading on the OTCQB Market under the ticker symbol INUMF as of May 31, 2022, while continuing its presence on the TSX Venture Exchange under INFI. This upgrade signifies a significant milestone for the company, enhancing visibility and accessibility for U.S. investors. CEO Steve Robertson expressed enthusiasm about the move, anticipating improved liquidity and market exposure. The company is advancing its La Adelita project, which boasts high-grade copper-silver-gold resources in Mexico.
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