Infini Resources Launches Maiden Diamond Drilling at High-Grade Portland Creek Uranium Project

Infini Resources Embarks on Critical Exploration Phase

Infini Resources Ltd (ASX: I88) has officially commenced its maiden diamond drilling program at the Portland Creek Uranium Project in Newfoundland, Canada. This marks a significant milestone for the Australian energy metals company as it moves from surface geochemical success to subsurface testing of one of its most promising uranium prospects.

The drilling campaign is designed to test a remarkable high-grade uranium soil anomaly, with peak values reaching an extraordinary 74,997 ppm U3O8 (approximately 7.5%). This anomaly is spatially associated with a prolific shear corridor and a major demagnetized north-south fault zone, geological features often conducive to uranium mineralisation.

Program Scope and Technical Setup

The initial phase of drilling will comprise up to 23 diamond drill holes, with the first priority hole, PCDD001, planned to reach a depth of around 600 meters. This hole aims to intersect the core of the soil anomaly and the underlying structural features that may host uranium mineralisation. Infini has established on-site core logging and cutting facilities, underscoring its commitment to efficient and detailed geological assessment as core samples are retrieved.

Managing Director and CEO Charles Armstrong expressed palpable enthusiasm about the program, highlighting the strategic importance of the Talus prospect within the broader Portland Creek uranium corridor. Armstrong noted that the convergence of multiple fault structures and the high-grade soil anomaly present a compelling exploration target that could define the company’s next growth chapter.

Geological Context and Project Potential

The Portland Creek Project spans 149 square kilometers within the Precambrian Long-Range Complex of the Humber Tectonic-Stratigraphic zone. The geological setting features metaquartzite and paragneisses intruded by leucocratic pink granite, with evidence of thrusting over Paleozoic carbonate sediments. Historically, the area was identified as anomalous for uranium in the 1970s, but modern exploration by Infini has refined and expanded the known high-grade zones significantly.

The Talus prospect alone exhibits a high-grade soil anomaly approximately 800 meters by 100 meters in size, with multiple samples exceeding 5,000 ppm U3O8. This scale and grade of surface geochemistry are rare and suggest a strong potential for a significant uranium discovery at depth.

Strategic Implications and Market Positioning

Newfoundland’s status as a tier-1 mining jurisdiction adds considerable strategic value to Infini’s exploration efforts. The region’s stable regulatory environment and established mining infrastructure provide a supportive backdrop for advancing the Portland Creek Project. Should the drilling program confirm substantial uranium mineralisation, Infini could position itself as a key player in the global uranium supply chain amid rising demand for clean energy metals.

While the drilling results remain pending, the company’s methodical approach, including detailed structural interpretation and robust sampling protocols, enhances confidence in the exploration campaign’s potential outcomes.