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Infini Resources completed drilling at its Newfoundland uranium project, finding strong mineralization signs and launching a geophysical survey to guide future exploration.
Infini Resources finished a 5,310-meter diamond drilling program at its Portland Creek uranium project in Newfoundland, finding visible uranium and elevated metal signatures over a 6-kilometer zone, hinting at large-scale mineralization.
The results suggest a hydrothermal system feeding uranium along structural zones, with thick molybdenum, zinc, and copper zones.
A heli-supported geophysical survey using the Xcite time-domain EM system is now underway to collect high-resolution data across 252 square kilometers, with results expected by early 2026 to guide a larger 2026 drilling campaign.
The project lies in the geologically favorable Long-Range Complex near the historic Daniel’s Harbour zinc mine.
This progress comes amid rising global uranium demand, driven by U.S. nuclear expansion and tight supply, with prices near $80 per pound and projected deficits from 2027, boosting investor interest in early-stage Canadian projects.
Infini Resources completó la perforación en su proyecto de uranio de Terranova, encontrando fuertes signos de mineralización y lanzando un estudio geofísico para guiar la exploración futura.