Infini Resources has wasted no time putting its fresh $12 million in capital to work, expanding drilling across its flagship Portland Creek project in Canada’s emerging uranium province in Newfoundland.
Seizing a window of favourable weather conditions, the company has pushed beyond its planned 2500 drill metre program, racking up 3910 metres of core across multiple high-priority targets.
Drilling is homing in on 12 priority targets within a 6-kilometre structural corridor marked by uranium-in-soil anomalies, radiometric highs and airborne electromagnetic conductors.
Shares in Infini lit up early last month topping, 71.5c from the previous day’s close of 23c after the company reported a stellar 284 long section in one drill hole with peak portable X-Ray Flourescence (pXRF) values of 12,

The Age

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