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Infini Resources Ltd. ( (AU:I88) ) has shared an update.
Infini Resources has begun its maiden diamond drilling program at the Reynolds Lake and Reitenbach Lake uranium projects in northern Saskatchewan, following completion of drill rig mobilisation. The campaign will initially comprise at least 2,500 metres across a minimum of 12 drillholes, targeting a large, underexplored uranium system defined by EM conductors, magnetic lows, structural complexity and surface uranium anomalies, particularly around the high-grade Titus Prospect.
The program marks Infini’s transition from target generation to drill testing on a continuous 15km by 3km prospective corridor and roughly 80km of EM conductors that remain untested by drilling. Management views the projects as highly compelling and has also highlighted delays to airborne geophysics and remaining Phase 2 assays at its Portland Creek project, which may affect the timing of further results but underscores a busy exploration pipeline across its Canadian portfolio.
More about Infini Resources Ltd.
Infini Resources Ltd. is an ASX-listed uranium exploration company focused on projects in Canada, including the Reynolds Lake, Reitenbach Lake and Portland Creek uranium projects. The company targets large, underexplored uranium systems, particularly on the eastern margin of Saskatchewan’s Athabasca Basin, using integrated geophysical and geochemical exploration methods.
Average Trading Volume: 291,231
Technical Sentiment Signal: Hold
Current Market Cap: A$21.64M
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