Infini Resources’ Phase 1 drilling at Portland Creek confirms promising uranium pathfinders and hydrothermal alteration, setting the stage for a targeted Phase 2 program in Q3 2025.
- Phase 1 drilling reveals elevated lanthanum, cerium, potassium, and sodium indicating hydrothermal alteration
- Structural data shows primary uranium-bearing shear zones remain untested due to drill orientation
- High-grade uranium-in-soil anomalies up to 74,997 ppm U3O8 identified in the Trident Lake Zone
- Phase 2 diamond drilling planned for Q3 2025 to focus on key structural targets
- New CEO and Exploration Manager bring local expertise to boost drilling efficiency
Phase 1 Drilling Validates Uranium Prospectivity
Infini Resources Limited (ASX – I88) has announced encouraging assay results from its initial diamond drilling campaign at the Portland Creek Uranium Project in Newfoundland, Canada. The Phase 1 program, comprising six holes over 3,150 metres, confirmed the presence of elevated pathfinder elements such as lanthanum (La) and cerium (Ce), alongside significant hydrothermal alteration marked by albitization. These geochemical signatures are consistent with shear-hosted uranium systems, bolstering confidence in the project's prospectivity.
Structural Insights Reveal Untested Targets
Detailed structural analysis from televiewer logging and oriented core measurements revealed that the drilling was largely subparallel to the dominant north-south thrust fault. This means the primary structural targets; key conduits for uranium mineralisation; remain untested. The Trident Lake fault zone, which hosts a 6-kilometre corridor of uranium anomalies in soils and lake sediments, remains a focal point for upcoming exploration efforts.
High-Grade Surface Anomalies Highlight Potential
Surface sampling has identified uranium-in-soil anomalies with peak values reaching an extraordinary 74,997 ppm U3O8, underscoring the scale of mineralisation potential. These anomalies, coupled with geophysical and geochemical indicators such as radon gas and lead isotope ratios, provide a robust framework for refining drill targets in the next phase.
Phase 2 Drilling Set to Accelerate Exploration
Building on the Phase 1 results, Infini Resources plans to commence a more extensive Phase 2 diamond drilling program in the third quarter of 2025. This program aims to test the primary shear zones and other key structural targets left untested in the initial campaign. The company expects improved drilling productivity, supported by better weather conditions and the expertise of newly appointed CEO Rohan Bone and in-country Exploration Manager Nick Mitchell.
Strategic Positioning Amid Global Nuclear Energy Push
Infini’s exploration activities align with a broader geopolitical backdrop, notably the recent U.S. Executive Order accelerating nuclear energy production for national security and clean energy goals. As one of the most active junior uranium explorers in Canada, Infini is well positioned to capitalize on rising demand for uranium, a critical component in the next generation of energy technologies.
Bottom Line?
With primary uranium-bearing structures still untested, Infini’s upcoming Phase 2 drilling could unlock significant value at Portland Creek.
Questions in the middle?
- Will Phase 2 drilling confirm economically viable uranium mineralisation?
- How will Infini refine its structural targeting to avoid previous subparallel drilling pitfalls?
- What impact will evolving uranium market dynamics and US policy have on Infini’s project valuation?