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Infini Resources Limited (ASX:I88)

ALERT: Price-sensitive ASX Announcement for I88
Current share price for I88 : $0.110 -0.005 (-4.35%)+
Announcement
Release
13 Jul 2026 8:23AM
Price at Release
$0.115
Full Release
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Summary
Infini Resources Limited has completed a high-resolution airborne radiometric survey at the Portland Creek Uranium Project in Newfoundland, Canada. The survey, part of a 2026 field program, will aid in mapping major fault sets and identifying uranium-related anomalous areas, refining targets for a Phase 3 diamond drilling program scheduled for Q3 CY2026. The project, covering 329 km², sits within a geological setting favorable for structurally hosted, hydrothermal uranium mineralization. This initiative is part of Infini's broader strategy to expand its exploration and development efforts in uranium and lithium resources.
Key Points
  • Completion of high-resolution airborne radiometric survey at Portland Creek.
  • Field program for 2026 has commenced with mapping, prospecting, and sampling.
  • Phase 3 diamond drilling program scheduled for Q3 CY2026.
  • Survey data used to map major fault sets and identify uranium-related anomalous areas.
  • Integration of new data with previous drilling results to refine drill targets.
  • Portland Creek spans 329 km² in Newfoundland with a large uranium anomaly.
  • Infini Resources focuses on exploration growth and mine development in uranium and lithium.
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.