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The latest update is out from Infini Resources Ltd. ( (AU:I88) ).
Infini Resources has finalised targeting and drillhole planning for a maiden diamond drilling campaign at its Reynolds Lake and Reitenbach Lake Uranium Projects, with at least 2,500m of drilling scheduled to commence in mid-April 2026. The program aims to systematically test high-priority uranium targets defined by the confluence of EM conductors, magnetic features, soil and rock-chip geochemical anomalies, and key structural corridors refined during 2025 field programs.
The drilling follows the discovery of high-grade uranium mineralisation at the Titus Prospect, where rock chip assays reached 1.90% U₃O₈ along a priority EM conductor, supporting a system-scale exploration model across an ~80km network of conductors and a continuous ~15km by 3km prospective corridor. This will be the first drill testing of this underexplored Athabasca Basin margin area, potentially repositioning Infini within the uranium exploration sector if basement-hosted mineralisation analogous to known deposits such as Eagle Point is confirmed.
More about Infini Resources Ltd.
Infini Resources Ltd. is an Australian-listed exploration company focused on uranium projects, with a particular emphasis on the highly prospective eastern margin of Canada’s Athabasca Basin. The company is advancing the Reynolds Lake and Reitenbach Lake Uranium Projects, targeting both unconformity-related and basement-hosted uranium systems using integrated geophysical and geochemical datasets.
Average Trading Volume: 350,562
Technical Sentiment Signal: Sell
Current Market Cap: A$14.61M
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