Can Infini Resources Unlock a District-Scale Uranium Discovery at Portland Creek?

Exploration Progress at Portland Creek

Infini Resources Limited (ASX – I88) is rapidly advancing its uranium exploration ambitions with the Phase 2 drilling program at its flagship Portland Creek project nearing completion. The company has reported visible primary uranium mineralisation intersected across multiple drill holes, accompanied by polymetallic indicators including molybdenum, zinc, and copper. These findings suggest the potential for a district-scale polymetallic uranium system, a significant development in a region historically underexplored with modern techniques.

The drilling campaign, expanded to 4,000 metres, targets a uranium-rich corridor spanning over 6 kilometres, where soil samples have recorded some of the highest surface uranium grades globally, peaking at approximately 7.5% U₃O₈. Infini’s approach integrates real-time portable XRF technology for on-site mineral content analysis, although final confirmation awaits laboratory assay results expected later in the fourth quarter of 2025.

Expanding Footprint in the Athabasca Basin

Beyond Portland Creek, Infini has strategically acquired the Boulding Lake, Reynolds Lake, and Reitenbach Lake projects, significantly expanding its presence in the world-renowned Athabasca Basin uranium province. Initial field programs, including geophysics, mapping, and sampling, have identified compelling electromagnetic and radiometric anomalies, with a notable uraninite showing at Reitenbach Lake. These projects are positioned for maiden drilling campaigns in the first half of 2026, with assay results from initial sampling expected imminently.

The company’s exploration model at Reynolds and Reitenbach Lake highlights shallow potential unconformity-style uranium systems, with geophysical data indicating mineralisation could lie as close as 20 metres below surface. This presents a rare opportunity for early-stage discovery in a mining-friendly jurisdiction.

Strong Financial and Governmental Support

Infini Resources has bolstered its financial position by raising A$17 million during 2025, including a premium Canadian flow-through placement, to fund its aggressive exploration agenda through 2026. The company benefits from operating in politically stable, mining-friendly jurisdictions such as Newfoundland and Labrador, where uranium is listed as a critical mineral and supported by government incentives including exploration grants.

Portland Creek’s proximity to historical mining operations and access to established infrastructure, including low-cost hydropower and transport networks, further enhances the project's viability. Infini’s management team, backed by world-class technical expertise, is leveraging a data-driven exploration strategy designed to rapidly unlock value and position the company at the forefront of the uranium sector’s resurgence amid rising global nuclear demand.

Looking Ahead

With Phase 2 drilling at Portland Creek concluding and assay results expected shortly, Infini Resources is poised for a potentially transformational discovery. The upcoming geophysical surveys and continued exploration at its Athabasca Basin projects will provide further clarity on the scale and economic potential of these uranium systems. As global interest in nuclear energy intensifies, Infini’s strategic positioning in Tier-1 jurisdictions could translate into significant shareholder value in the near term.