Ankündigung • May 06
Infinitum Copper Corp. announced that it expects to receive CAD 1.82 million in funding Infinitum Copper Corp. announces a non-brokered private placement to issue 14,000,000 units of the Company at a price of CAD 0.13 per Unit for aggregate gross proceeds of up to CAD 1,820,000 on May 5, 2026. Each Unit will consist of one common share and one common share purchase warrant with each Warrant entitling the holder to acquire one Common Share at a price of CAD 0.14 for a period of 60 months from the date of issuance. Finders' fees may be payable in connection with the private placement. The private placement is subject to approval of the TSX Venture Exchange (“TSXV”), and all securities issued under the private placement will be subject to a statutory hold period expiring four months and one day from the date of closing of the private placement. Ankündigung • Mar 21
Infinitum Copper Corp. announced that it expects to receive CAD 2.52 million in funding Infinitum Copper Corp. announced a non-brokered private placement of up to 14,000,000 units at a price of CAD 0.18 per Unit for aggregate gross proceeds of up to CAD 2,520,000 on March 20, 2026. Each Unit will consist of one common share and one common share purchase warrant with each Warrant entitling the holder to acquire one Common Share at a price of CAD 0.20 for a period of 60 months from the date of issuance. Finders' fees may be payable in connection with the private placement. The private placement is subject to approval of the TSX Venture Exchange (“TSXV”), and all securities issued under the private placement will be subject to a statutory hold period expiring four months and one day from the date of closing of the private placement. Certain directors and officers of the Company may acquire securities under the private placement. Ankündigung • Jul 10
Infinitum Copper Corp., Annual General Meeting, Aug 22, 2025 Infinitum Copper Corp., Annual General Meeting, Aug 22, 2025. Board Change • May 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO & Director Alex Gostevskikh was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 11
Infinitum Copper Corp. Announces the Resignation of Marco Roque as a Director Infinitum Copper Corp. announced the resignation of Marco Roque as a director of the Company. Ankündigung • Jan 27
Infinitum Copper Corp. Announces Appointment of Manni Buttar to Its Board of Directors Infinitum Copper Corp. announced the appointment of Mr. Manni Buttar to its board of directors. Mr. Buttar is a Chartered Professional Accountant (CPA, CA) with a Masters in Accounting and Finance from the University of Waterloo, Ontario (Canada). He currently works at SCP Resource Finance LP as the Vice-President - Business Development, primarily focusing on building and further developing SCP's Structured Flow Through Share Program. Ankündigung • Jan 21
Infinitum Copper Corp. Announces Board Resignations Infinitum Copper Corp. announced the resignations of Steve Robertson as Chairman and as a director and Garrick Mendham as a director of the Company. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$394k free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$728.0k market cap, or US$508.1k). Ankündigung • Jan 14
Infinitum Copper Corp. Announces Board of Directors Infinitum Copper Corp. announced the appointment of Mr. Steve R. McMullan to its board of directors and the resignation of Mr. Mahendra Naik as a director of the Company. M. McMullan has world-wide experience in mineral exploration and is a Registered Professional Geoscientist (P.Geo). Ankündigung • Sep 30
Infinitum Copper Corp., Annual General Meeting, Dec 09, 2024 Infinitum Copper Corp., Annual General Meeting, Dec 09, 2024. New Risk • Aug 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$523k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$523k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.18m market cap, or US$1.62m). Minor Risk Shareholders have been diluted in the past year (32% increase in shares outstanding). New Risk • Jun 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 32% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.91m market cap, or US$2.12m). Minor Risk Shareholders have been diluted in the past year (32% increase in shares outstanding). Ankündigung • Jun 08
Infinitum Copper Corp. announced that it has received CAD 0.45 million in funding On June 7, 2024, Infinitum Copper Corp., closed the transaction. Completion of the offering will be subject to all necessary approvals, including the approval of the TSXV. New Risk • Mar 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (44% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.23m market cap, or US$1.64m). Ankündigung • Mar 07
Infinitum Copper Corp. announced that it expects to receive CAD 0.45 million in funding Infinitum Copper Corp. announced a private placement to issue 22,500,000 units at an issue price of CAD 0.02 per unit for the gross proceeds of CAD 450,000 on March 6, 2024. Each Unit will be comprised of one common share and one Common Share purchase warrant with each Warrant entitling the holder thereof to purchase one additional Common Share at a price of CAD 0.03 per Common Share for a period of 36 months following the closing date of the Offering. The Company also confirms no finder's fees will be paid in connection with the Offering. All securities issued under the Offering are subject to a four month and one-day restricted resale period from the date of the close in accordance with the policies of the TSX Venture Exchange and applicable securities laws. The closing date of the Offering is expected to occur on or about March 31, 2024, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the conditional approval from the TSX-V. Board Change • Dec 31
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Director Ivan Po is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Sep 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.3m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.40m market cap, or US$3.23m). Minor Risk Less than 3 years of financial data is available. New Risk • Jul 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (80% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.30m market cap, or US$2.50m). Minor Risk Less than 3 years of financial data is available. Ankündigung • May 25
Infinitum Copper Corp Announces the Start of Drilling at its Flagship 6,450 Hectare La Adelita Property Located in Sonora, Mexico Infinitum Copper Corp. announced the start of drilling at its flagship 6,450 hectare La Adelita property (the "Property") located in Sonora, Mexico. The program, consisting of 15 diamond drill holes totalling 2,500m, is designed to expand the size of the high-grade mineralised area at Cerro Grande zone as well as test for mineralisation at depth in the Las Trancas zone. drill holes are programmed for the Cerro Grande zone. The objective of the program is to expand the known high-grade mineralisation by stepping out to the north and west of previous drill holes. 2022 drilling by the Company and earlier drilling by Minaurum Gold produced outstanding results including: AD-22-0021 (20.9m of 0.67% CuEq from 34.5m); AD-22-0019 (34.65m of 1.98% CuEq from 36.5m); AD-22-0020A (22.25m of 0.98% CuEq from 39m); AD-22-18 (36.65m of 2.75% CuEq from 153m); AD-22-28 (48.7m of 1.22% CuEq from 199.4m); CGDD-10-001 (16.0m of 2.07% CuEq from 35.7m); CGDD-10-002 (46.4m of 1.02% from 35.6m); 2022 magneto telluric geophysics study ("MT") was received after the completion of 2022 drilling and showed large anomalous responses beneath the Cerro Grande anticline and on the west flank. Guided by the the 2022 MT survey and previous high-grade drill results, the 2023 program aims extend the north-south extent of mineralisation out to 500m and step out up 700m west of the known mineralisation. The Las Trancas zone is approximately 5km to the south-west of Cerro Grande and is home to the feature referred to as "Sangre del Toro" ("Bull's Blood"). There are no previous drill holes in the area. The Company's 2023 program includes 6 diamond core holes totalling 1,200m designed to test for the source of mineralisation beneath the Sangre del Toro feature. 2022 trenching program produced outstanding results including 9.5m of 16.45g/t Au and 1.9% Cu at Trench 2; 2022 MT program shows large conductive anomaly directly beneath Trench 2 extending to the east and west; The Sangre del Toro feature has been mapped at surface for over 2.8km north south and up to 600m east west. Historic artisanal workings at the northern extent of the feature provide further evidence that there is possibly a large, mineralised structure beneath; The company's 2023 drilling program will be the first drilling to ever test the Sangre del Toro feature. Ankündigung • Oct 20
Infinitum Copper Corp. announced that it expects to receive CAD 1 million in funding Infinitum Copper Corp. announced a non-brokered private placement of 7,692,308 units at a price of CAD 0.13 per unit for gross proceeds of CAD 1,000,000.04 on October 19, 2022. Each unit consists of one common share and one half of common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 0.22 per share for a period of two years from the date of closing. The transaction is subject to approval from TSX Venture Exchange. The securities are subject to four months hold period. Ankündigung • Sep 30
Infinitum Copper Corp. Reports 32.25 Metres of 1.74% Copper Equivalent and 20.30 Metres of 0.97% Copper Equivalent in Drilling At La Adelita Project Infinitum Copper Corp. report results from diamond drilling at its flagship project, La Adelita in Sonora and Sinaloa states, Mexico. Drill hole AD-22-0019 returned 32.25 metres (m) of 1.01% copper (Cu), 0.52 grams per tonne (g/t) gold (Au) and 39.69 g/t silver (Ag) or 1.74% copper equivalent (CuEq)1 starting at 36.65 m downhole in the Cerro Grande zone. Drill holes AD-22-0019 and AD-22-0020A were collared on the same pad, approximately 110 msouth of previously reported holes AD-22-0017 and 0018. At 32.25 m true width, the reported interval in drill hole AD-22-0019 is 58% wider than the comparative interval in hole AD-22-0018 to the north. In both areas, the highest grade copper-gold-silver mineralization is associated with semi-massive to massive magnetite and is still open along strike and to depth. Drill hole AD-22-0019 This hole cut a true width of 32.25 m of pervasive-garnet-magnetite skarn grading 1.01% Cu, 0.52 g/t Au and 39.69 g/t Ag or 1.74% of CuEq starting only 36.65 m down hole. The skarn alteration is dominated by grossularite-andradite garnet with 5% to 20% associated magnetite. Copper mineralization associated with the skarn consists of chalcocite, chalcopyrite and bornite disseminated in the matrix between crystalline garnet and in later quartz-calcite veinlets. Minor chrysocolla with native copper is also observed in patches and within fractures. A petrographic study of drill core from this program has identified electrum (a natural alloy of gold and silver) associated with magnetite and hematite. Drill hole AD-22-0020A This hole was drilled below hole AD-22-0019, at a steeper angle, looking for the down dip continuation of the mineralization intercepted by the previous hole. The mineralized zone was 19.30 meters true width, grading 0.54% Cu, 0.31 g/t Au and 23.28 g/t Ag for an average of 0.97% CuEq. The associated skarn alteration is very similar to the previous drill hole with pervasive grossularite-andradite garnet associated with high magnetite content. The copper minerals observed in order of abundance are chalcopyrite, bornite and chalcocite, with minor chrysocolla on fractures. Ankündigung • Sep 14
Infinitum Copper Corp. Reports 20.60 Metres of 1.91% Copper, 2.00 g/t Gold and 40.91 g/t Silver in Drilling at La Adelita Project Infinitum Copper Corp. reported results from the first two of twelve diamond drill holes at Infinitum's project, La Adelita in Sonora and Sinaloa states, Mexico. Drill hole AD-22-0018 returned 20.60 metres (m) of 1.91% copper (Cu), 2.00 grams per tonne (g/t) gold (Au) and 40.91 g/t silver (Ag) starting at 163.15 m down hole in the Cerro Grande zone. This mineralization is hosted in pervasive skarn alteration with abundant magnetite coinciding with the highest-grade mineralization. Drill hole AD-22-0017 was drilled above AD-22-0018, on the same section, and encountered a 26.05 m long interval of strong skarn alteration with trace mineralization before it reached the target depth. The Hole AD-22-0018 intersection is open in all directions along the favorable contact between limestone and the intrusive. Magneto-telluric (MT) geophysical survey results for this area were received subsequent to drilling and interpretation indicates that mineralization may strengthen at depth below drill hole AD-22-0018. Recognizing that La Adelita is a big system, Infinitum's exploration has followed a methodical approach, focusing on areas with the best opportunities to encounter continuous zones of high-grade mineralization. To date, Infinitum has focused on two of the five main target areas: A) the La Adelita Anticline and B) the Las Trancas zone, where a 2022 discovery trench revealed 9.15 m of 16.45 grams per tonne (g/t) gold, 1.90% copper and 3.50 g/t silver. Phase 1 drilling consisted of 12 holes totaling 2,574 metres focused on the high-grade copper-gold-silver skarn targets at Cerro Grande and the Cerro Grande Footwall. Phase 2 drilling, expected to commence following the summer rainy season, will include targets at Las Trancas. This news release reports the first two of the twelve drill holes. The Company will release additional drill hole results as they are available in the coming weeks. Drill holes AD-22-0017 and 0018 were drilled 70 meters north of the old Adelita adit to seek the extension of the high-grade copper-gold-silver mineralization of the Cerro Grande zone and the recently discovered Cerro Grande Footwall zone. Cerro Grande Footwall was identified as a fold repeat of the favorable host limestone through surface mapping completed by Infinitum's geological team earlier this year. Drill hole AD-22-0017 was the first attempt to test the target but was lost at a depth of 145.50 metres in massive skarn with trace mineralization. Drill hole AD-22-0018 was drilled at a steeper angle from the same pad as 0017 and successfully cut the entire zone. Drill hole AD-22-0018 intersected a zone 20.60 m wide of grossularite-andradite skarn with semi-massive magnetite and disseminated copper mineralization grading 1.91% Cu, 2.00 g/t Au and 40.91 g/t Ag. This zone corresponds well with the surface mapped Cerro Grande Footwall zone and the intercept is open up-dip, to depth, and to the north and south along the favorable contact between limestone and the intrusive. The mineralization consists of chalcopyrite, bornite and covellite and the richest chalcopyrite, bornite and covellite zones correlate well with higher gold values. The magnetite content is estimated to vary from 15% to 75% over the 20.60 m length and iron values average 24%. The semi-massive magnetite associated with the high-grade copper-gold-silver mineralization is expected to be detectable with detailed magnetometry, which should be a very positive factor for future exploration. A detailed magnetometer survey will be undertaken after vegetation dies back following the rainy season. Ankündigung • Sep 08
Infinitum Copper Announces Geophysical Interpretation Reveals Strong, Untested, Conductive Anomalies At La Adelita Project Infinitum Copper Corp. announced completion of the first phase of the current exploration program at its La Adelita project in Sonora and Sinaloa States, Mexico. Exploration activities in 2022 have resulted in the discovery of three significant showings, including a previously announced trench at Las Trancas zone that returned 9.15 metres (m) of 16.45 grams per tonne (g/t) gold, 1.90% copper and 3.50 g/t silver. The current geophysical interpretation has revealed several strongly anomalous results which will be the focus of the next phase of diamond drilling. Ankündigung • Aug 13
Infinitum Copper Corp., Annual General Meeting, Oct 12, 2022 Infinitum Copper Corp., Annual General Meeting, Oct 12, 2022. Location: Vancouver, BC Vancouver Canada Ankündigung • Aug 07
Infinitum Copper Corp. announced that it has received CAD 1.139789 million in funding from Amica Resource Inc., Emerging Markets Capital On August 6, 2022, Infinitum Copper Corp. closed the transaction. The company issued 5,698,953 units for proceeds of CAD 1,139,790.60 in the transaction with an additional 518,778 units for proceeds of CAD 103,755.6 in its second and final tranche. The securities are subject to a four month restricted resale period that expires on December 6, 2022. Ankündigung • Jul 22
Infinitum Copper Corp. announced that it has received CAD 1.036035 million in funding from Amica Resource Inc., Emerging Markets Capital and another investor On July 20, 2022, Infinitum Copper Corp. closed the transaction. The transaction included participation from 21 placees including Steve Robertson through Western Blue Sky Management Corp. for 100,000 units, Melinda Hsu through Amica Resource Inc. for 100,000 units, Jorge Ramiro Monroy through Emerging Markets Capital for 125,000 units. The transaction was over-subscribed with a total of 5,180,175 units for gross proceeds of CAD 1,036,035. The securities issued are subject to a four-month restricted period that expires on November 20, 2022. The closing is still subject to all necessary approvals, including the approval of the TSX Venture. The company paid CAD 30,100 and 150,500 finder's warrants to Canaccord Genuity Corp. and CAD 7,000 and 35,000 finder's warrants to Red Cloud Securities Inc. Ankündigung • Jun 28
Infinitum Copper Corp. announced that it expects to receive CAD 1 million in funding Infinitum Copper Corp. announced that a non-brokered private placement up to CAD 1,000,000 consisting of up to 5,000,000 units at a price of CAD 0.20 per unit, for gross proceeds of up to CAD 1,000,000 on June 27, 2022. Each unit will consist of one common share of the company and one transferable common Share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for a period of 2 years from closing at a price of CAD 0.45. the securities issued in connection with the offering, including any common shares issued upon exercise of the warrants and compensation warrants, will be subject to a four-month restricted resale period and applicable securities legislation hold periods outside of Canada from the closing date. A finder's fee may be paid in connection with the placement to finders as determined by mutual agreement between the company and the finders and subject to TSX Venture Exchange approval. The finder's fee will consist of cash equal to 7% of the units sold to investors introduced by such finder, and non-transferable share purchase warrants equal to 7% of such Units sold to investors. The compensation warrants will permit the purchase of one common share for a period of 2 years from closing at a price of CAD 0.20. Completion of the offering will be subject to all necessary approvals, including the approval of the TSX-V. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 14
Infinitum Copper Corp. Reports 9.15 Metres of 16.45 g/t Gold, 1.90% Copper and 3.50 g/t Silver in Trenching at La Adelita Project Infinitum Copper Corp. reported results from trenching completed at the newly discovered showing at Las Trancas zone at La Adelita project in Sonora and Sinaloa states in Mexico. Trench 2 returned a true thickness of 9.15 metres (m) averaging 16.45 grams per tonne (g/t) gold, 1.90% copper and 3.50 g/t silver. A total of 12 trenches were excavated in the area and revealed many sub-parallel structures within a large fault zone, surrounded by an alteration halo that is at least 200 metres wide extending in a north-south direction. La Adelita Highlights: High-grade, copper-silver-gold project in Mexico; Three new discoveries of high-grade mineralization were made in the early part of the current program; Trenching revealed high-grade gold in new zone; Geophysical survey completed - interpretation pending; 9,000 metre diamond drilling program underway; Less than 7,300 metres of historical drilling; Adjacent to the closed Alamo Dorado Mine. The Company recently announced the discovery of three new zones of high-grade copper-silver-gold mineralization at La Adelita (See News Release March 16, 2022). One of the three discovery areas is at Las Trancas zone. The presence of high-grade copper mineralization within a strongly hematite-quartz-sericite altered area of metasedimentary rocks was previously known further to the north within the Las Trancas zone. This new discovery area is about 350 m to the south and appears to be part of a strongly altered, north-south corridor surrounding a large fault zone. Now that high-grade mineralization has been identified in the area, the geological team will concentrate on identifying the controls on mineralization. Las Trancas: The three planned lines of magneto-telluric survey are complete in the Las Trancas zone, and the interpreted results are pending. The results of the survey will help guide the next phase of exploration at Las Trancas. Another feature that the exploration team is using to help guide work in the area is the Sangre del Toro (English translation is "blood of the bull") alteration. The weathered rock associated with this alteration appears as a bright cinnamon red and it is typical to find copper mineralization in the fresh rocks where Sangre del Toro alteration is observed. This evidence assists mapping and prospecting team to focus on the most highly prospective areas. Andalucia and Cerro Potreros: The company also received the first surface sample results from the Andalucia and Cerro Potrero zones which lie due south of Cerro Grande. Like Las Trancas, gold and silver are strongly related to the copper mineralization at Andalucia and Cerro Potrero. The strongest copper mineralization returned 1.31% and 1.34% copper. Gold grades were over 1.0 g/t in 6 of the 15 samples taken with a high result of 5.49 g/t gold over 2.05 metres in a channel sample. Similarly, 6 of the 15 samples returned greater than 20 g/t silver with a high of 139.0 g/t over 1.20 m in a channel sample. Pericos: Additional surface sampling at Pericos confirmed the presence of skarn mineralization on the west limb of the Cerro Grande anticline, 800 m to the west of the Cerro Grande zone with samples up to 1.38% copper, 76.6 g/t silver and 1.31 g/t gold. Company’s field crew will continue to expose additional bedrock in the Pericos area to reveal the extent and strength of mineralization at the zone that was discovered earlier this year. Diamond Drilling Program: The first phase of diamond drilling is underway at La Adelita in the Cerro Grande – Cerro Grande Footwall zones. Drill holes in this area will be drilled deep enough to ensure that both horizons are tested in each hole. This kicks off the planned two phase, 9,000 m drilling campaign. Ankündigung • Mar 31
Infinitum Copper Commences 9,000 Metre Drilling Campaign Targeting High-Grade Copper-Silver-Gold At La Adelita Project Infinitum Copper Corp. announced the commencement of diamond drilling at La Adelita project in Sonora and Sinaloa states in Mexico. The Infinitum Board of Directors has approved a two-phase, 9,000 metre diamond drilling campaign. La Adelita Highlights: High-grade, copper-silver-gold project in Mexico; Three new discoveries of high-grade mineralization were made in the early part of the current program; Geophysical survey is underway; 9,000 metre diamond drilling program has started; Less than 7,300 metres of historical drilling; Adjacent to the closed Alamo Dorado Mine. The Company recently announced the discovery of three new zones of high-grade copper-silver-gold mineralization at La Adelita. The Cerro Grande Footwall, Pericos and Las Trancas discoveries all show indications of size potential and have returned high copper grades with variable silver, gold and zinc. Follow-up work including geophysics, trenching and drilling is planned at all three new discoveries investigating size and grade of the new showings. Geophysics and trenching are both underway and assay results from the ongoing trenching program in the Las Trancas zone are still pending. Infinitum also announced last week that the field crews initiated a magneto-telluric geophysical survey. Survey conditions are particularly favorable at this time for the geophysical survey and it is hoped that the results will assist in targeting step-out drilling in the Cerro Grande - Pericos zones and the surrounding area. Diamond Drilling Program: Phase 1 will consist of 3,000 metres of diamond drilling. These drill holes are targeting areas within and adjacent to the existing mineralized zones, plus some drilling on newly discovered zones such as Cerro Grande Footwall, Pericos and Las Trancas South. The 6,000 metre Phase 2 drilling program targets will be: Follow-up on targets suggested in Phase 1; Mineralization identified in the ongoing trenching program (results pending); Prospective anomalies generated in the magneto-telluric geophysical survey; Extensions of known zones. Board Change • Mar 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
