Latest Infini Resources (ASX:I88) News

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

A takeover offer lit up small caps, while one high-growth software name slid hard despite strong sector news. Resources dominated the winners list, but investors still punished dilution and discounted fundraisings.

Infini Resources has completed a significant Phase 2 drilling campaign at its Portland Creek Uranium Project, alongside a strategic landholding expansion exceeding 120%, while confirming high-grade uranium at other Canadian projects.

Infini Resources has confirmed widespread uranium anomalism across its Reynolds and Reitenbach Lake projects, including standout high-grade results at the Titus Prospect. These findings set the stage for a fully funded maiden drilling campaign in mid-2026.

Infini Resources has expanded its Reitenbach Lake Uranium Project footprint by 31%, adding over 8,900 hectares adjacent to the Athabasca Basin in northern Saskatchewan. The company is preparing for a maiden drill program in Q2 2026 following imminent assay results.

Infini Resources has strategically expanded its Portland Creek Uranium Project in Newfoundland by acquiring adjacent mineral licences, increasing its landholding by 30% and reinforcing its position in a promising uranium district.

Infini Resources has confirmed high-grade uranium mineralisation at surface in its Reitenbach Lake project with a standout 1.90% U3O8 assay, advancing its exploration towards a maiden drill campaign planned for mid-2026.

Infini Resources is approaching completion of its Phase 2 drilling at Portland Creek, revealing promising signs of a district-scale polymetallic uranium system, with assay results expected later this quarter.

Infini Resources has completed its Phase 2 field program in Saskatchewan’s Athabasca Basin, revealing promising uranium targets and setting the stage for a maiden drill campaign in 2026.

Infini Resources Limited’s I88OA securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

Infini Resources has expanded its drilling program at the Portland Creek Uranium Project, revealing multiple uranium-bearing zones across a broad corridor. Early results suggest a large, district-scale uranium system with promising polymetallic potential.

Infini Resources Limited has launched a non-renounceable pro-rata entitlement offer to raise approximately A$533,000 through Loyalty Options, alongside a separate allocation of 6 million options to its Joint Lead Managers. The capital raise aims to support ongoing exploration activities amid a complex risk landscape.