INFINITY MINING LIMITED — Regulatory Filings 2023

Dec 12, 2023

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ASX Announcement - 13 December 2023

THE COMPANY

INFINITY IS RAPIDLY EVOLVING INTO A MAJOR LITHIUM DEVELOPER

Infinity ’ s focus now [and beyond] will be on its 836 km[2] of tenements in the world class Pilbara lithium province. These tenements are highly prospective as proven by recent lithium discoveries that substantiate continued exploration for LCT pegmatites within all tenements. The company tenements are in a lithium fertile system with more discoveries expected to be made from tenements that are strategically located around recognised ‘ hot ’ granite. The ideal locations for company transforming discoveries are within the greenstone belt and within 10km of a hot granite.

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EVOLUTION TO A LITHIUM DEVELOPER

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Initial Lithium Discovery evidenced by finding Pegmatite Swarms at surface Dec 2023 May 2023 Oct 2022 in a Lithium Corridor Market Cap @ Initial Lithium Discovery $16M $66M $50M (AUD$M) Substantial Lithium Rich Entity 2024? found at depth Market Cap after Substantial Lithium Rich Entity found (as @ 13 $860M $1,600M Dec 2023) (AUD$M)

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BECOME A PILBARA LITHIUM DEVELOPER

• ➢ Woody strike length tripled for mapped pegmatite outcrops

PRIORITIES

• ➢ Much of Woody yet to be mapped provides exploration upside potential

• ➢ Fast track diamond drill holes at Woody

• ➢ Anticipating Exploration Target estimate within 6 months

• ➢ New Lithium discoveries show company exploration programme is on track

• MONETISE GOLD JORC RESOURCE IN Q1 2024 ➢ Gold JORC estimate due in 4 weeks will provide monetisation opportunities

• BUILD ON A FOUNDATION OF GREENSTONE ➢ More substantial discoveries from the strategic tenement portfolio

• ➢ Joint Venture or sell non-core assets

WOODY PROSPECT

THE INFINITY STRIKES BACK

IMI has announced lithium hosted pegmatite swarms at surface at the Woody Prospect in the Infinity Project (see map). The 5.7km of strike is consistent with substantial resources subsequently being discovered at depth by companies including Azure Minerals (AZS.ASX) & Wildcat Resources (WC8.ASX).

HILLSIDE - IT ’ S ALL ABOUT THE GRANITES!

IMI has made multiple new LCT pegmatite discoveries at its Hillside Project in the Pilbara East district. The Buzz and Lightyear Prospects (next page) are located on the opposite side of the granite dome (also next page) to where multiple outcropping lithium pegmatite zones have been discovered at the company ’ s Infinity Project.

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HILLSIDE STORY 2

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– GOLDFIELDS TIME FOR A [BO] PEEP

The company expects to release a substantial JORC compliant resource across the 4 highly prospective gold project areas. Recent high grade drill results underwrite the pending monetisation plans. As part of the resource evaluation the company will determine a high value Exploration Target Estimate outside of the current resource parameters for future planning.

OTHER ITEMS

• The company will continue to strengthen leadership with talent commensurate with a Lithium Developer.

• Brand & collateral updates to flow through in coming weeks along with policy documents.

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DISCLAIMER
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This presentation (in this projected form in hard copy and presented) (collectively “Presentation”) has been prepared in good faith and is provided in confidence only for the exclusive use of the person to whom the Disclosing Party delivers the presentation and on the basis that Infinity Mining Limited (ACN 609 482 180) (the “Disclosing Party”), nor any of its directors, officers, shareholders, related bodies corporate, partners, affiliates, employees, representatives and advisors make any representation or warranty (express or implied) as to the origin, validity, accuracy, reliability, relevance, currency or completeness of the material contained in the Presentation and no responsibility is taken for any errors or omissions. Nothing contained in the Presentation is, or may be relied upon as, a promise, representation or warranty, whether as to the past or the future in respect of any of the contents contained herein. The Disclosing Party excludes all warranties (including implied warranties) and all liability that can be excluded by law for any loss, claim, damage, cost or expense of any nature (including that arising from negligence) arising out of the Presentation (or any accompanying or other information) whatsoever, nor by reason of any reliance upon it. The Disclosing Party accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this Presentation or any other information made available to a person or any obligation to furnish the person with any further information.

This Presentation includes certain statements that may be considered “forward-looking information” within the meaning of applicable Australian securities regulations and “forwarding-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). All statements in this Presentation (other than statements of historical facts) are forward-looking statements. The forward-looking statements contained in this document are made as of the date of this document. Except as may otherwise be required pursuant to applicable laws, the Disclosing Party does not assume any obligation to update or revise these forward-looking statements, whether as a result of new information, future events or circumstances after the date of the Presentation, or to reflect the occurrence of unanticipated events. The forward-looking statements in this document reflect the current expectations, assumptions or beliefs of the Disclosing Party based upon information currently available to the Disclosing Party. Where such statements expressly or impliedly relate to future events, expectations and/or belief as to future events or results, involve known and unknown risks and uncertainties such expectation or belief is expressedin good faith and is believed to have a reasonable basis.

Although the Disclosing Party believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and no assurance can be given that these expectations will prove to be correct as actual results or developments may vary or differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include prevailing and projected market prices, exploitation and exploration estimates and results, continued availability of capital and financing, general economic, market or business conditions, fluctuations in exchange rates and certain commodity prices, uncertainties related to mineral title in the projects, the ability to obtain governmental or other regulatory approvals, unforeseen technology changes that results in a reduction in minerals demand or substitution by other minerals or materials, the discovery of new large low-cost deposits of minerals and the general level of global economic activity. Readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.

Projects are at the early stages of evaluation and although reasonable care has been taken to ensure that the facts stated in this Presentation are accurate and or that the opinions expressed are fair and reasonable, no reliance can be placed for any purpose whatsoever on the information contained in this document or on its completeness. Information provided relating to projected costs, capital expenditure, production profiles and timelines are expressions of judgment only and no assurances can be given that actual costs, production profiles or timelines will not differ materially from the estimates contained in this Presentation.

Unless expressly stated otherwise and subject to compliance with all relevant legislation and regulation, statements relating to resource estimates are expressions of judgment, based on knowledge and experience, including historical information obtained from various sources, and may require revision based on actual production experience. Such estimates are necessarily imprecise and depend to some extent on statistical inferences and other assumptions, such as gold prices, cut-off grades and operating costs, which may prove to be inaccurate.

This Presentation references other corporations and provides certain information in relation to these corporations. All such information was obtained from the public record. The Disclosing Party provides no assurances as to the accuracy or completeness of such information and readersare cautioned not to place any undue reliance on such information.

This document has been prepared solely for information purposes. All persons should seek appropriate professional advice in reviewing or considering the Presentation and all other information with respect to the Disclosing Party and evaluating the business, financial performance and operations of the Disclosing Party. Neither the provision of the Presentation nor any information contained in the Presentation or subsequently communicated to any person in connection with the Presentation is, or should be taken as, constituting the giving of investment or financial product advice to any person in respect of dealing in the Disclosing Party’s securities, and no such information should be taken to constitute a recommendation or statement of opinion that is intended to influence a person in making a decision to deal in any Disclosing Party’s securities. This Presentation does not purport to contain all of the information that may be required to evaluate all of the factors that would be relevant in determining whether to deal in any Disclosing Party’s securities, including but not limited to any person's objectives, financial situation or needs. Each person must not rely on the information provided but should make, and will be taken to have made, its own investigation, assessment and analysis of the information in this Presentation and other matters that may be relevant to it in considering whether to deal in any Disclosing Party’s securities.

The Disclosing Party disclaims any obligation or undertaking to disseminate any updates or revisions to any information contained in this presentation reflect any change in expectations, events, conditions or circumstances on which that information is based. The Disclosing Party owns the copyright in this Presentation. No part of this Presentation may be shown or distributed to third Parties or reproduced, stored or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without prior written permission of the Disclosing Party. The distribution of the Presentation in jurisdictions outside Australia may be restricted by law and you should observe any such restrictions.

Andrew Hawker is the consultant to Infinity and a Member of the Australian Institute of Mining and Metallurgy. He is a Competent Person as defined in the 2012 Edition of the Australasian Joint Ore Reserves Committee (JORC) Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Hawker has reviewed and approved the technical information in relation to the Pilbara andCentral Goldfields projects contained in this Presentation.