Infinity Metals Limited
Infinity Metals Limited (ASX: INF; renamed from Infinity Lithium Corporation in 2025) has moved from its San Jose lithium project in Spain to copper-gold-molybdenum and tin exploration. Its lead project is the historic, high-grade Swansea copper mine in La Paz County, Arizona, about 180 km north-west of Phoenix, held under an option to acquire 100% of 34 unpatented claims, to which Infinity added 16 lode and 4 placer claims it staked in July and August 2026; baseline studies are under way to support a Plan of Operations for drilling. Infinity also holds an option over the Tule Canyon molybdenum-copper porphyry project in Nevada (August 2026), the 100%-owned Yambacoona tin project about 60 km east of Bourke in New South Wales, where the regulator approved its drilling application in October 2026 for a program of up to 35 aircore holes starting in late October, and gold exploration licences in eastern Victoria. In August 2026 the Extremadura regional government rejected Infinity's exploitation concession application for the San Jose lithium project, in which it holds a 75% interest. Its 2026 annual report lists the San Jose tenure as applications, with the Valdeflorez permit cancelled and under appeal; Infinity has appealed the rejection and lodged a new investigation permit application. Infinity recorded an impairment against San Jose in its 2025 financial year. The report still states the San Jose JORC (2012) resource, 59.0 Mt at 0.29% lithium Indicated and 52.2 Mt at 0.27% lithium Inferred, but with no granted title over the deposit it is not counted as Infinity's resource.
Notable vs. Peers
- Financials score of 8.2/10 is stronger than the peer average of 5.5/10.
- Trading within 0% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)9/10
Infinity's active projects are in Arizona and Nevada, USA, and New South Wales and Victoria, Australia, all Tier-1 mining jurisdictions. Its Spanish lithium project shows the permitting risk it has moved away from: the Extremadura regional government rejected the San Jose exploitation concession in August 2026 after years of delay, and the decision is under appeal.
Infrastructure (40%)Not yet researched
No flagship project on file yet, so existing mill, road access, grid power, and tailings facility haven't been researched.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:8/10
Primary commodity: Copper
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Executive Chairman of Infinity Metals Limited. 20+ years' experience in the mining industry across listed and unlisted entities globally, with Non-Executive and Executive Director experience of various mining entities that have successfully transitioned to production.
Executive Director of Infinity Metals Limited, with responsibility for the Company's San José Lithium Project in Spain.
Non-Executive Director of Basin Energy Limited; also a non-executive director of Infinity Metals Limited. 25+ years' experience in mining, mineral exploration and commodities; MBA and Graduate Diploma in Mineral Exploration Geoscience; CPA (Australia). Served on Azarga Uranium's board until its 2022 sale.
Company Secretary of Peninsula Energy Limited; also Chief Financial Officer & Company Secretary of Infinity Metals Limited. Chartered Accountant with extensive corporate, company secretarial and financial accounting experience across a number of listed and unlisted resource sector companies. Currently also Company Secretary of ASX-listed Ironbark Zinc Limited and Infinity Lithium Corporation Limited and of AIM-listed Empyrean Energy Plc. Previously worked in the investment banking sector in London over a period of six years for Credit Suisse and Barclays Capital Plc.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No producer, strategic investor, or resource-specialist fund holds a disclosed stake. Two directors filed fresh interest-notice changes today, but whether they represent open-market purchases or non-cash grants could not be confirmed from available sources.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Infinity Metals, renamed from Infinity Lithium Corporation in 2025, has moved from its San Jose lithium project in Spain to copper-gold-molybdenum and tin exploration. Its lead project is the historic, high-grade Swansea copper mine in La Paz County, Arizona, held under an option to acquire 100% of 34 unpatented claims, to which it added 16 lode and 4 placer claims in 2026; baseline studies are under way to support drilling approvals. It also holds an option over the Tule Canyon molybdenum-copper project in Nevada and 100% of the Yambacoona tin project about 60 km east of Bourke in New South Wales, where the regulator approved a program of up to 35 aircore holes in October 2026. In August 2026 the Extremadura regional government rejected its exploitation concession application for San Jose, which Infinity has appealed, and with no granted title over the deposit the San Jose resource is not counted as Infinity's.