Infinity Lithium

San José Project Update

Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’), through wholly owned subsidiary Extremadura New Energies, remains on course for the submission of the Exploitation Concession Application (‘ECA’) for the San José Lithium Project (‘San José’, or ‘the Project’) under the tenure Exploration Permit Extremadura S.E. (‘PESE’) (see ASX Announcement 29 March 2023).


  • Mining License Application and Environmental Impact Assessment submission works progressing.
  • San José Lithium Project tenure comprises all-encompassing granted Exploration Permit PESE.
  • Former multiple permits now replaced by single granted Permit.
  • Local and regional elections complete – national election period commenced.
  • Positive Project development pathway remains unchanged by election results and the Company looks forward to continuing to work with all stakeholders.

The Company welcomes the opportunity to engage with local and regional government representatives following the positive Cáceres local and Extremadura regional elections on 28 May 2023. The national election period was subsequently announced and will be decided in polls on 23 July 2023. The Company anticipates the finalisation of the Regional Government following the national election period.

Extremadura New Energies CEO Ramon Jimenez commented “We are looking forward to engaging positively and directly with incoming local and regional representatives who have highlighted the benefits of the Project and desire to progress with the requisite environmental, technical and economic benefits for the region. The community recognises the generational opportunities aligned to the Project development and complimentary industries as the global race for critical raw materials intensifies”.

Popular Party (‘PP’) leader and incoming Mayor of Cáceres Rafael Mateos highlighted in the weeks leading into the election the position of the PP party, “As long as there is no environmental damage to the city, to the surroundings of Valdeflórez, and that there are industries associated with the project, we will support it.”

Extremadura New Energies will progress the Mining License Application (‘MLA’) and Environmental Impact Assessment (‘EIA’) submission included under the ECA incorporating the responses from local and regional stakeholders detailed in the EIA Scoping Document (refer to ASX announcement 9 May 2023). Technical and administrative works are continuing throughout the election period and the Company anticipates the submission of the ECA in Q4 2023.

The administrative process to submit the ECA has been altered to include the extended PESE Project tenure. The High Court of Justice of Extremadura (‘the Court’) has determined that the investigation permits previously contained within the new project area PESE are annulled, and therefore the Project area now comprises entirely of PESE. Refer to Figure 1: San José Lithium Project - Exploration Permit Extremadura S.E.

Figure 1: San José Lithium Project - Exploration Permit Extremadura S.E.

The announcement was authorised by the Board. For further inquiries please contact.

Click here for the full ASX Release

This article includes content from Infinity Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

The Conversation (0)
Warriedar Resources

Drilling Recommences at Ricciardo

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) is pleased to announce the commencement of 2024 drilling activities at its Golden Range and Fields Find Projects in the Murchison region of Western Australia. Initial activities are focussed on an extensional Reverse Circulation (RC) drilling program at the sizeable Ricciardo gold deposit.

Keep reading...Show less
andrew chanin, clock pointing to "mitigate risk"

Andrew Chanin: Natural Disaster Stocks — How to Invest Before, During and After

As the cost of natural disasters rises, it's worth investing in companies that help before, during and after.

That's according to Andrew Chanin, CEO of Procure ETFs. He created the Procure Disaster Recovery Strategy ETF (NASDAQ:FIXT), which tracks companies engaged in natural disaster preparedness and recovery.

With holdings ranging from NVIDIA (NASDAQ:NVDA) to Babcock International Group (LSE:BAB,OTC Pink:BCKIF) to Home Depot (NYSE:HD), the fund is up nearly 30 percent since its launch in mid-2022.

Keep reading...Show less
Odessa Minerals

Targets Generated at Gascoyne East Project

Odessa Minerals Limited (ASX:ODE) (“Odessa” or the “Company”) is pleased to announce that it has completed an airborne gradiometer magnetic and radiometric survey over the Company’s +2,100 square kilometre tenement package at its Gascoyne East Project (“Project”) in the Gascoyne region of Western Australia.

Keep reading...Show less
Odessa Minerals

Odessa Minerals Limited (ASX: ODE) – Trading Halt


The securities of Odessa Minerals Limited (‘ODE’) will be placed in trading halt at the request of ODE, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 27 February 2024 or when the announcement is released to the market.

Keep reading...Show less
Terrain Minerals Limited

Nova-Style “Eye” Feature Identified Within Albany-Fraser Tenement; Conductor also Identified within “Eye” Feature Detailed Airborne Electromagnetic Survey to Commence

Terrain Minerals Limited (ASX: TMX) (‘Terrain’ or the ‘Company’) is pleased to advise that exploration tenement E63/2447, which forms part of the Company’s 100% owned Lort River Project near Esperance, Western Australia, has recently been granted. This tenement potentially hosts the next major magmatic nickel-copper discovery within the Albany-Fraser Belt of Western Australia, being home to Nova-Bollinger nickel-copper ore bodies, whose discovery by Sirius Resources in 2012.

Keep reading...Show less

Latest Press Releases

Related News