Infinity Mining Partners with Mining One to Fully Fund Victorian Gold-Antimony Exploration

Fully Funded Exploration Boost for Victorian Gold-Antimony Projects

Infinity Mining Limited (ASX:IMI) has taken a significant step toward advancing its Victorian gold-antimony portfolio by entering a binding farm-in and joint venture agreement with Mining One Pty Ltd. Under the deal, Mining One will fund approximately $500,000 in exploration over two stages across the Tanjil Bren (EL7357) and Walhalla South Extended (EL7356) tenements, earning up to a 51% interest.

This arrangement provides Infinity with a capital-efficient route to progress high-priority targets, including a standout 1.5-kilometre circular magnetic anomaly at Walhalla South Extended, which remains untested by drilling. The tenements are part of the Eastern Victorian goldfields, an area known for structurally controlled gold and antimony mineralisation.

High-Grade Antimony and Gold Confirmed at Walhalla South Extended

Previous sampling at Walhalla South Extended has yielded impressive antimony grades ranging from 21.6% to 51.4% Sb, alongside anomalous gold values up to 0.88 g/t. Field follow-up work has confirmed quartz-stibnite veining coinciding with these high-grade rock chips, reinforcing the prospectivity of the site. The circular magnetic high target, interpreted as a sub-vertical intrusion, represents an immediate priority for drilling.

At Tanjil Bren, historical stream sediment samples have returned elevated gold and pathfinder elements consistent with an intrusion-related gold system model, including a peak gold value of 70 ppb. These geochemical signatures provide vectoring tools to guide the forthcoming exploration efforts.

Mining One brings extensive geological expertise in structurally controlled gold-antimony systems, which aligns well with the project’s geological setting. The company plans a systematic exploration approach, starting with surface sampling and progressing to a minimum 1,500-metre drilling program to delineate economically significant mineralisation.

Strategic Partnership to Accelerate Exploration and Reduce Funding Risk

Infinity’s Executive Chairman Cameron Petricevic highlighted that the joint venture delivers a "capital-efficient pathway" to advance the projects, allowing Infinity to retain exposure to exploration upside while mitigating funding risk. Mining One’s role as the initial manager of the joint venture underscores the technical depth they bring to the table.

This collaboration also marks a deeper strategic relationship between the two parties, aiming to establish a scalable framework for future cooperation beyond these tenements. The agreement follows Infinity’s recent expansion of its partnership with Orivium Global to deploy patented extraction technology at its Cangai Copper Project, demonstrating the company’s broader strategy of leveraging technical alliances to accelerate project development Orivium partnership expansion.

Next Steps and Exploration Outlook

Mining One is set to commence Stage 1 exploration immediately, focusing on target generation, prioritisation, and surface sampling to refine drill targets. Stage 2 will see a drilling program designed to test the most promising anomalies, including the magnetic high at Walhalla South Extended.

The joint venture agreement includes standard dilution provisions and allows Mining One to withdraw with notice after meeting minimum expenditure thresholds, providing flexibility for both parties as exploration unfolds.

While the agreement secures a funded exploration pathway, the ultimate success hinges on forthcoming drilling results and the ability to define economically viable mineralisation. Given the early stage of the projects, investors will be watching closely for assay results and any indications of resource potential.