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Phase two beckons for Infini Resources (ASX:I88) at Portland Creek after a review of the project’s exploration model by structural geology and uranium specialists set up as many as 12 priority drill targets at the Canadian project.
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The review pointed to major in-soil uranium anomalies (with values as high as 74,997ppm U3O8) linked to potential primary mineralisation in hydrothermal veins.
Several East-West and Northeast-Southwest trending faults stood out in the data.
“These east-to-west-oriented lineaments on the plateau in the vicinity to the higher-grade uranium in the soil horizon have provided a possible explanation for the location of the primary mineralisation,” Infini’s chief geologist Mark Couzens said.
Historical rock chip sampling along the cliff face with highly altered uranium-rich veins “likely of hydrothermal origins” seem to support the lineaments.
So too do several uranium-bearing granite boulders spotted on the Talus slope.
In a planned review follow-up, the $6.8 million microcap explorer is teeing up as many as twelve “highly prospective” target areas; Infini will run second-phase diamond drilling to look for uranium deposits across the targets.
“We’ll be looking for whether there are possible breccia zones located between some of these closer spaced east-to-west faults where further primary uranium mineralisation could occur,” Mr Couzens explained.
Infini will start its second phase with intensive mapping and sampling, HotCopper understands. The vein’s geochemical composition – a top priority – will be tested first up.
All this follow-up work has already been added to Infini’s Portland calendar, with the 2,500-metre drill run to begin through 2025’s third quarter. Everything’s basically ready to go, Infini confirmed today, bar remobilising.
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The company will also be hosting an investor webinar on Wednesday, July 30, to share a refined Portland Creek exploration model and drill update.
I88 has added +4% today, though on short trades. The company’s at 13cps.
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