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An update from Infini Resources Ltd. ( (AU:I88) ) is now available.
Infini Resources Ltd has announced significant findings from its Phase 2 diamond drilling program at the Portland Creek Uranium Project in Newfoundland, Canada. The company reported extensive zones of elevated uranium mineralization, with notable intersections of uraninite, indicating a potentially large-scale polymetallic uranium system. These findings validate Infini’s exploration model and suggest a promising opportunity for the company in the context of the global energy transition, as uranium and critical minerals gain importance. The ongoing drilling program aims to further explore the potential of this district-scale system, with additional assay results expected in the near future.
More about Infini Resources Ltd.
Infini Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of uranium and other critical minerals. Their primary market focus is on identifying and developing large-scale polymetallic systems, with a significant project at Portland Creek in Newfoundland, Canada.
Average Trading Volume: 246,458
Technical Sentiment Signal: Hold
For detailed information about I88 stock, go to TipRanks’ Stock Analysis page.