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Infini Resources Ltd. ( (AU:I88) ) has issued an update.
Infini Resources Ltd has announced the initiation of its Phase 2 Diamond Drilling Program at the Portland Creek Uranium Project in Newfoundland, following promising results from its maiden drill program. The company is also advancing exploration activities at its Reynolds Lake and Boulding Lake projects in Saskatchewan, with recent airborne surveys identifying potential uranium mineralization. The appointment of Rohan Bone as CEO is expected to bolster the company’s strategic growth and exploration efforts in its uranium projects.
More about Infini Resources Ltd.
Infini Resources Ltd is a company operating in the mining industry, with a focus on uranium exploration and development. The company is engaged in projects in Canada and Western Australia, including the Portland Creek Uranium Project in Newfoundland and the Reynolds Lake and Boulding Lake Uranium Projects in Saskatchewan.
Average Trading Volume: 213,992
Technical Sentiment Signal: Sell
For a thorough assessment of I88 stock, go to TipRanks’ Stock Analysis page.