Infini Resources Uncovers Massive Shallow Uranium Conductors at Reynolds Lake

A Breakthrough in Uranium Exploration

Infini Resources Limited (ASX, I88) has announced a significant advancement in its exploration efforts at the Reynolds Lake Uranium Project in Saskatchewan, Canada. The company recently completed a comprehensive airborne time-domain electromagnetic (TDEM) survey covering 1,100 line kilometres across its 100% owned tenure. This survey, the first modern airborne electromagnetic study over the property since the 1970s, has revealed multiple large-scale bedrock conductors, some extending over 10 kilometres in length.

These conductors are not just extensive but also vertically dipping and notably shallow, with interpretations suggesting depths as little as 20 metres. This contrasts sharply with many established Athabasca Basin uranium deposits, which are often buried hundreds of metres underground. The shallow nature of these anomalies could translate into more efficient and cost-effective exploration and, potentially, development.

Geophysical and Radiometric Synergies

The identified conductors coincide with magnetic lows and uranium radiometric anomalies, a combination that is highly suggestive of unconformity-style uranium mineralisation. This style of deposit is characteristic of the Athabasca Basin region, renowned globally for its high-grade uranium resources. The presence of graphitic schists within these conductors further supports the prospectivity, as graphite plays a critical role in uranium precipitation processes.

Importantly, much of the southern portion of the Reynolds Lake Project, where these conductors were detected, has not been subjected to modern exploration techniques until now. This underexplored status enhances the potential for new discoveries in a region adjacent to established uranium districts.

Next Steps and Strategic Outlook

Infini Resources is currently finalising a detailed desktop study that integrates the new TDEM data with existing geophysical, geochemical, and geological datasets. This comprehensive analysis aims to refine and prioritise targets for the next phase of exploration, which will include lithogeochemical sampling, prospecting, and detailed mapping.

CEO Rohan Bone expressed optimism about the findings, highlighting the significance of uncovering major conductors in a historically overlooked area. The potential for near-surface mineralisation could accelerate exploration timelines and reduce costs, positioning Reynolds Lake as a compelling asset within Infini’s portfolio.

Situated on the outboard edge of the Athabasca Basin, the project benefits from proximity to existing infrastructure and uranium operations, which could facilitate future development if exploration proves successful.

Broader Implications for Uranium Supply

With global interest in uranium rising amid the energy transition and nuclear power’s role in decarbonisation, discoveries like those at Reynolds Lake are timely. The identification of shallow, large-scale conductors in a proven uranium province underscores the ongoing potential for new supply sources. While drilling and further sampling are required to confirm economic viability, Infini’s findings add a promising chapter to the evolving story of uranium exploration in Canada.