Infinity Mining Limited has set its sights on new opportunities at its Cangai Project in northern New South Wales. The company has defined a new gold target area on exploration licenses 8625 and 8635, centering on the Sir Walter Scott Gold prospect. Historical records reveal that this prospect, located approximately 3 km south of the old Cangai Copper Mine, produced nearly 1,800 ounces of gold in the 1890s at an impressive average grade of around 25 g/t Au. Recent LiDAR studies have unveiled a network of historical workings along a 500-meter trending structure, adding technical support to the project's potential for high-grade, structurally controlled mineralisation. Historical rock chip sampling by previous explorers returned multiple assays above 1 g/t Au, with standout figures such as 15.8 g/t Au from quartz vein float material and other values in the range of 2 to 7 g/t Au along the NW trend of the mineralised zone. The geological setting suggests quartz-sulphide veins hosted in steeply dipping chloritic shear zones within the Carboniferous Gundahl Complex, which lends support to a possible Intrusion Related Gold System (IRGS). The project’s location is further enhanced by its proximity to the historic Cangai Copper Mine—just 3 km to the north—which historically supplied copper, gold, and silver, thereby offering the advantage of a multi-commodity portfolio. In addition to its own data review, Infinity Mining Limited notes that the new gold target lies along strike to the southeast of the John Bull Gold Project, which is currently demonstrating promising gold anomalies and drill intercepts reported by Novo Resources and TechGen Metals. This proximity to other successful gold initiatives reinforces the structural corridor’s significance and adds further intrigue for investors and explorers alike. The company's managing director, Joe Phillips, highlighted that with gold prices reaching record highs, the upcoming field program—set to begin in the third quarter of 2025—will include detailed geological mapping and surface geochemical sampling aimed at verifying historical results. The use of modern exploration technologies such as high-resolution LiDAR (50 cm resolution) is set to enhance understanding of the region’s geological structures and refine drill targets. The bullish outlook stems from the combination of high-grade historical gold assays, the multi-commodity nature of the Cangai Project, and the planned use of advanced exploration techniques. These factors suggest significant upside potential as modern exploration gradually validates the historic resource data. However, a bearish sentiment arises from the fact that the region has seen limited modern exploration since the 1980s. The absence of contemporary drilling and geophysical data means that current results remain largely speculative until further testing is conducted, posing typical risks associated with early-stage exploration projects. Overall, the careful re-examination of historical data alongside cutting-edge LiDAR imaging positions Infinity Mining Limited to potentially unlock considerable value from the Cangai Project, provided that forthcoming exploration activities confirm the promising indications observed to date.