Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Canada
  4. Bourse de Toronto
  5. Infield Minerals Corp.
  6. News
  7. Summary
    INFD   CA45674H1029

INFIELD MINERALS CORP.

(INFD)
SummaryQuotesChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Infield Minerals Corp. Provides an Update on its Ongoing and Near-Term Exploration Activities in Nevada

08/03/2021 | 11:19am EDT

Infield Minerals Corp. provided an update on its ongoing and near-term exploration activities in Nevada, including details of its upcoming reverse circulation ("RC") drilling program at the North Zone of the Company's M1 property ("M1 North Zone"). Infield has received the revised Notice of Intent drilling permit for the M1 North Zone. Approximately 2,000 metres of RC drilling at the M1 North Zone to commence this quarter. Surface exploration is underway at the Desperado project where the Company is following up on a silver-gold target area outlined in the June 14, 2021. The M1 property is located approximately 30 kilometres SW of the Kinsley Mountain deposit (New Placer Dome) in White Pine County, Nevada. Gold and silver mineralization at the property is associated with silicified breccia zones along and proximal to regional and local fault structures. On June 30, 2020, Infield entered into a property option agreement to acquire 100% interest in the M1 property over a three-year term, for which it has completed the first-year anniversary option payments in the amounts of USD 35,000 and 180,000 common shares of Infield. The Company has received the revised Notice of Intent drilling permits from the Bureau of Land Management for the North Zone of the M1 property. The M1 North Zone will be the focus of approximately 2,000 metres of RC drilling planned to commence this quarter, for which the Company has retained the services of DrillRite LLC, an established exploration drilling company based out of Elko, Nevada. Access road work and drill pad construction will commence in the coming weeks. Five drill sites have been permitted in the North Zone, from which seven drill holes have been proposed for the testing of high priority targets. Proposed drill hole depths vary between 150 to 400 metres and are designed to test geophysical anomalies that exhibit signatures consistent with potential mineralized structures and mineralized geological features. Historical drilling data in the North Zone have revealed that previous operators intersected 0.55 g/t gold over 15.2 metres from 7.62 to 22.86 metres, including 2.39 g/t gold over 1.5 metres, in hole GC-14 which was terminated at 30.5 metres depth; and 0.51 g/t gold over 8.2 metres from 5.49 to 13.7 metres in hole GC-20 which was terminated at 24.4 metres depth (Nevada Bureau of Mines and Geology). The Company looks to follow up on the encouraging historical data and to test whether near surface mineralization extends to depths across interpreted structures and geophysical signatures.


© S&P Capital IQ 2021
All news about INFIELD MINERALS CORP.
09/23Infield Minerals Corp. Announces Drilling Has Commences at the M1 Property
CI
09/23INFIELD MINERALS : Launches Exploration Drilling at its M1 Property in Nevada
MT
08/03Infield Minerals Corp. Provides an Update on its Ongoing and Near-Term Exploration Acti..
CI
08/03INFIELD MINERALS CORP : .
AQ
06/30INFIELD MINERALS : Virtually Closes The Market
AQ
06/14Infield Minerals Corp. Outlines Silver-Gold Target Area At the Desperado Project in Nev..
CI
06/14Infield Minerals Says Soil Survey Shows Elevated Silver Levels at its Desperado Project
MT
06/14INFIELD MINERALS : Retains Proactive Investors for Market Awareness
AQ
06/10Infield Minerals Corp. will Change its Ticker to INFD from ETWO.P
CI
More news
Financials
Sales 2020 - - -
Net income 2020 -0,16 M -0,13 M -0,13 M
Net cash 2020 1,36  1,10  1,10 
P/E ratio 2020 -
Yield 2020 -
Capitalization 3,61 M 2,92 M 2,92 M
Capi. / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float -
Chart INFIELD MINERALS CORP.
Duration : Period :
Infield Minerals Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Evandra Nakano President, Chief Executive Officer & Director
John Robert Chisholm Chief Financial Officer & Secretary
Elizabeth D. McGregor Director
Scott Ackerman Director
David Hladky Director
Sector and Competitors
1st jan.Capi. (M$)
INFIELD MINERALS CORP.0.00%3
BHP GROUP-11.27%139 431
RIO TINTO PLC-14.58%106 554
GLENCORE PLC57.51%66 477
ANGLO AMERICAN PLC13.71%46 545
GRUPO MÉXICO, S.A.B. DE C.V.12.24%36 397