Infini Resources Ltd. (AU:I88) has released an update.
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Infini Resources Ltd. has announced a successful $3.4 million capital raise to accelerate exploration activities at the Portland Creek Uranium Project, which recently revealed high-grade soil anomalies and a significant fault system. The funds will support an expanded geochemical survey and a maiden drilling program, with the company’s directors showing their commitment by participating with $1 million, pending shareholder approval. This strategic investment aims to leverage the high potential of the site and meet increasing demand for uranium.
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