Infini Resources Ltd. (AU:I88) has released an update.
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Infini Resources Ltd. has announced the discovery of a major fault system and associated magnetic anomalies at the Talus Uranium Prospect, within their Portland Creek Uranium Project in Newfoundland, Canada. The UAV magnetic survey revealed a large fault structure and several magnetic anomalies coinciding with very high uranium soil assay results, suggesting significant potential for primary uranium mineralization. The company is preparing for a comprehensive geochemical survey and subsequent diamond drilling program to further explore and define the prospect.
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