Infinity Metals Unveils High-Potential Yambacoona Tin Project Amid Surging Tin Prices
Infinity Metals Limited has revealed promising prospects for its wholly owned Yambacoona tin-lithium project in New South Wales, supported by a strong tin market with prices up 50% over the past year. Recent geophysical studies and regional analogues suggest significant exploration potential.
- Yambacoona project covers over 570 km² with strategic location near infrastructure
- Tin prices have surged 50% in the past 12 months, reaching approximately US$50,000/t
- Historical drilling was limited and did not adequately test tin targets
- Geophysical reinterpretation highlights strong prospectivity analogous to Sky Metals’ Doradilla project
- Ground checking underway with plans for Air Core drilling to confirm geology and mineralisation
Project Overview and Location
Infinity Metals Limited has provided an update on its Yambacoona tin-lithium exploration project, located about 60 kilometres east of Bourke in New South Wales. The project spans more than 570 square kilometres of granted tenure, situated in open grazing country with shallow soil cover that has historically limited exploration efforts. Its proximity to existing infrastructure and a substantial tin deposit along strike adds to its strategic appeal.
Favourable Market Conditions
The timing of this exploration push coincides with a robust tin market. Over the past year, tin prices have climbed by more than 50%, currently trading near US$50,000 per tonne on the London Metals Exchange. This price surge is driven by steady demand growth and recent supply disruptions, making tin exploration increasingly attractive.
Historical Exploration and New Insights
Previous exploration at Yambacoona was sparse, with only two shallow reverse circulation drill holes completed by Rio Tinto in 1997. These holes were intended as precursors to diamond drilling that never eventuated, and importantly, they did not test the tin potential. Infinity Metals’ recent reinterpretation of public geophysical data, supported by expert consultancy, has identified a low amplitude gravity anomaly indicative of a deeper granite body. This geological setting is analogous to the nearby Doradilla tin project operated by Sky Metals, which has demonstrated significant tin mineralisation.
Geological Prospectivity
The Yambacoona project lies within a tectonically complex region adjacent to a microcraton margin, featuring a major strike change. The presence of peraluminous granite; known to be closely associated with tin, tungsten, and rare earth elements; adds to the prospectivity. Aeromagnetic and gravity data suggest a mineralised roof pendant and folded magnetic horizons, consistent with a favourable redox and magmatic environment for tin deposits.
Next Steps in Exploration
Ground reconnaissance is already underway, with Infinity Metals preparing for an Air Core drilling program aimed at confirming bedrock geology and alteration signatures. This next phase will be critical in validating the geophysical targets and advancing the project towards resource definition. The company’s Executive Chairman, Adrian Byass, who is also the Competent Person for this announcement, emphasises the strong potential and strategic timing given the current tin market dynamics.
Bottom Line?
As Infinity Metals moves towards drilling, the market will watch closely to see if Yambacoona can deliver a new tin discovery amid rising prices.
Questions in the middle?
- What initial assay results will the upcoming Air Core drilling yield?
- How might ongoing tin price volatility impact project economics and investment?
- Can Yambacoona replicate or exceed the success of Sky Metals’ Doradilla project?
