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Infini Resources Ltd. ( (AU:I88) ) has issued an update.
Infini Resources Ltd has successfully completed its Phase 2 diamond drilling program at the Portland Creek Uranium Project in Newfoundland, Canada, drilling 5,310 meters across 17 drillholes. The drilling has revealed visible uranium and elevated uranium values, suggesting a potential district-scale uranium system. Additionally, the presence of polymetallic pathfinders like molybdenum, zinc, and copper indicates a large-scale polymetallic hydrothermal system. An airborne geophysics survey has been initiated to further refine targets for an expanded exploration and drilling campaign planned for 2026, with results expected in the first quarter of 2026.
More about Infini Resources Ltd.
Infini Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of uranium projects. Its primary project is the Portland Creek Uranium Project located in Newfoundland, Canada, where it aims to develop a district-scale uranium system.
Average Trading Volume: 964,289
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$26.69M
See more data about I88 stock on TipRanks’ Stock Analysis page.