Infini Resources Launches 2,500m Drill Program Targeting 7.5% Uranium Soil Anomaly

Infini Resources Advances Canadian Uranium Exploration

Infini Resources Limited (ASX, I88) has taken a decisive step forward in its quest for a major uranium discovery with the commencement of a Phase 2 drill program at its Portland Creek project in Newfoundland and Labrador, Canada. The company presented its exploration strategy and project portfolio at the RIU Uranium Investment Day Conference in Perth on 11 September 2025, underscoring its focus on tier-one uranium jurisdictions.

The Portland Creek project stands out for its exceptional uranium-in-soil anomalies, with surface grades peaking at an extraordinary 7.5% uranium oxide (U3O8). This corridor, extending over 6 kilometers, is supported by multiple geophysical and geochemical indicators, including radon gas, lead isotopes, and radiometric highs, suggesting a robust and extensive uranium system. Infini’s Phase 2 drilling aims to systematically test these high-impact targets along east-west fault corridors interpreted as conduits for uranium mineralisation.

Expanding Exploration Across a Strategic Portfolio

Beyond Portland Creek, Infini is advancing its Reynolds Lake project in the Athabasca Basin, one of the world’s richest uranium provinces. A maiden field program is underway, involving systematic sampling and mapping designed to fast-track multiple targets to drill-ready status by 2026. The company also holds interests in the Reitenbach Lake and Boulding Lake projects, where exploration activities continue to define promising targets.

Infini’s projects benefit from strong local government support, including exploration incentives such as the 2025 Junior Exploration Assistance grant, and are situated in regions with favourable infrastructure and low sovereign risk. The company’s exploration approach is agile and data-driven, leveraging world-class technical expertise to refine models and prioritise targets efficiently.

Market Context and Upcoming Catalysts

The global uranium market outlook remains positive, driven by a persistent supply deficit and rising demand for nuclear energy as countries seek low-carbon power sources. Infini’s timing aligns with this trend, positioning the company to capitalise on potential discoveries that could significantly enhance its valuation.

Investors can anticipate assay results from the ongoing Phase 2 drilling at Portland Creek and the Reynolds Lake field program in the fourth quarter of 2025. These results will be critical in validating the company’s exploration model and could serve as catalysts for re-rating the stock.

While the company has not disclosed new resource estimates or production targets in this update, its continued activity and strategic positioning in premier uranium jurisdictions underscore a clear value proposition focused on discovery and growth.