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Infini Resources Limited (ASX:I88)

ALERT: Price-sensitive ASX Announcement for I88
Current share price for I88 : $0.100 -0.095 (-48.72%)+
Announcement
Release
30 Apr 2026 8:16AM
Price at Release
$0.195
Full Release
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Summary
Infini Resources Limited, an Australian energy metals company listed on the ASX under the ticker I88, has announced the commencement of its maiden drilling program at Reynolds and Reitenbach Lake Uranium Projects. These projects are located on the eastern margin of the Athabasca Basin in northern Saskatchewan, covering a total of 766 square kilometers. The area is known for significant potential in uranium mineralization due to its geological setting, which includes complex structural domains and hydrothermal fluid flow pathways. Recent explorations have identified primary uranium mineralization at the surface, with the potential for further discoveries in the structurally prepared, hydrothermally altered environments. Infini Resources aims to enhance shareholder value through exploration growth and mine development in its diversified portfolio, which includes other projects in Canada and Western Australia.
Key Points
  • Infini Resources Limited is focused on uranium and lithium exploration.
  • The maiden drilling program has commenced at Reynolds and Reitenbach Lake Uranium Projects.
  • The projects cover 766 km² on the Athabasca Basin's eastern margin.
  • The geological setting is conducive to uranium mineralization.
  • Primary uranium mineralization has been confirmed at Reitenbach Lake.
  • The company aims to increase shareholder wealth through its diversified asset portfolio.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.