Infinitum Copper (INFI.V) has released the assay results from two additional holes completed on the La Adelita flagship project in Sonora/Sinaloa, Mexico. After the excellent results from hole AD-22-0018 (discussed here), we were looking forward to seeing if the company would be able to replicate the high-grade mineralization in the subsequent two holes. In the image below, we have highlighted holes 18, 19 and 20. Holes 19 and 20 were designed as step-out holes to drill-test the structure about 110 meters to the south.
And hole 19 was excellent. As you can see below, the drill bit intersected 36.65 meters (with an estimated true width of 33.95 meters) containing 1.74% copper-equivalent consisting of 1.01% copper, 0.52 g/t gold and 39.69 g/t silver including a higher grade interval of 17.95 meters true width containing 2.81% copper-equivalent.
And while hole 20 was the ‘weakest’ of the three recently disclosed holes, encountering 20.3 meters true width of 0.97% copper including two distinct higher grade zones with 8.3 meters containing 1.55% copper-equivalent and 4.25 meters containing 1.39% copper-equivalent is still a good result as it confirms the continuity of the mineralization. It is a pity hole 17 was lost before it reached the target depth as it would have been pretty interesting to see a further extension of the (high grade) mineralization towards the north and odds are Infinitum would have been able to report high-grade results in all four holes.
Infinitum also released a short video update and this 2 minute video of CEO Steve Robertson explaining the drill results is worth your time to get a better understanding of the company’s exploration approach and the meaning of these results.
Disclosure: The author has a long position in Infinitum Copper. Infinitum Copper is a sponsor of the website. Please read our disclaimer.