Infini Advances Portland Creek Uranium Exploration Model
Released
Released
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ASX Announcement
Released 14 July 2025
Infini Advances Portland Creek Uranium
Exploration Model
Infini has engaged additional structural geology and uranium exploration
specialists to review and refine the exploration model and target generation at
Infini’s 100% owned Portland Creek Uranium Project, ahead of the Company’s
Phase 2 diamond drill program planned for Q3 2025.
The geological review has been fast-tracked to leverage technical information
obtained from the Phase 1 drilling program, with the aim of finalising all Phase 2
drill plans in July 2025.
The occurrence of major uranium-in-soil anomalies over a 6km corridor with a peak
value of 74,997 ppm (~7.5%) U3O8 remains unexplained by the recently completed
Phase 1 drilling program, with multiple structures identified that remain untested.
The 6km long Trident Lake Zone is host to highly anomalous geological indicators
for a potential significant uranium discovery, including favourable structures,
surface anomalism (U, Pb isotope ratios, radon gas, radiometrics, LREE
pathfinders, uranium-in-lake sediments) and widespread hydrothermal alteration
observed in drill core.
Infini Resources Ltd (ASX: I88, “Infini” or the “Company”) is pleased to advise the commencement
of a detailed review and interpretation of structural, geochemical and geophysical data to refine the
exploration model and inform target generation at Infini’s 100%-owned Portland Creek Uranium Project.
Infini’s Chief Executive Officer, Rohan Bone, said: "Confidence in a potential large-scale uranium
system at Infini’s Portland Creek Uranium Project remains high following completion of the Phase 1 drilling
program. Early observations from geological experts engaged in the refinement of the exploration model
confirm the possibility of a shear-hosted uranium system, while also suggesting the potential for
alternative style deposits. Portland Creek remains an incredibly exciting project and we eagerly look
forward to the next phase of exploration expected to commence later in Q3 2025."
Experts engaged to review and support refinement of Portland Creek exploration model
Following the receipt of assay and structural data from Infini’s Phase 1 diamond drill program at Portland
Creek1, the Company has initiated a work program aimed at refining the exploration model and generating
targets for the next phase of exploration. The targeting work will involve a detailed review and
interpretation of structural, geochemical, and geophysical data from the Phase 1 drilling. This will be
integrated with results from the 2024 soil sampling program and UAV magnetic surveys to further refine
and strengthen the Portland Creek exploration model in preparation for the Phase 2 drill program.
To support this process, structural geologists and uranium exploration experts have been engaged. Early
insights from the review process are promising with observations about the characteristics of the soil
sampling, particularly those of the Falls Lake Prospect recording peak values up to 74,997 ppm U₃O₈2,
indicative of the potential for shear-hosted or alternative style uranium deposits.
Infini Resources Limited
ABN 77 656 098 583
www.infiniresources.com.au
InfiniResources
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Infini Advances Portland Creek Uranium Exploration Model
Structural geologists from Newexco have been engaged to review available geophysical and structural
data and to provide a structural analysis that will provide a framework for future exploration modelling. A
focus of the program of work will be on the interpretation of key primary and secondary structures
associated with shear-zones situated within the 6km long Trident Lake Zone. Early observations based
on structural data collected from the Phase 1 drilling program support the conclusion that drilling was
completed largely subparallel to the dominant shear orientation, as illustrated in Figure 1, and that the
targeted primary structure has not yet been intersected.
Figure 1: Cross-section of the Fall Lake Prospect illustrating subparallel orientation of drillholes relative to the orientation
of the inferred thrust fault, leaving the primary structural target untested.
Mark Couzens, a seasoned exploration geologist with significant uranium experience has also been
engaged to review the occurrences of high-grade uranium soil anomalism coincident with major structures
at the Project, which will provide a framework for future exploration modelling. Mr Couzens has over 15
years uranium-specific exploration experience and has been involved in major uranium discoveries
including the Four Mile Uranium Deposit in South Australia and the Bennett Well Uranium Deposit in
Western Australia. Mr Couzens has experience working on ISR uranium production at Beverley Uranium
Mine and has worked on uranium projects in many parts of the world including Australia, Argentina,
America, Canada and Namibia.
Priorities for the review will be to closely analyse the composition of the uranium bearing soil to determine
a possible provenance of the uranium. Part of this work will be to evaluate all of the data from the 2024
soil sampling program to understand the fluid migration pathways and the associated deposition of
sediments. This will include petrological analysis of uranium-enriched soils as well as hydrothermally
altered rocks.
Infini Resources Limited
ABN 77 656 098 583
www.infiniresources.com.au
InfiniResources
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Infini Advances Portland Creek Uranium Exploration Model
Once the reviews have been completed, Infini can work with its exploration team to finalise the exploration
model for the Phase 2 drilling campaign. The exploration model of a shear-hosted uranium system used
for Phase 1 drilling will be re-evaluated. Possibilities of alternative style deposits will also be considered
in the revision of the exploration model.
Uranium geologist Mark Couzens, said: “I have worked on many uranium projects all around the world
and have never seen or heard of soils samples having up to 7.5% uranium oxide present. In my opinion
this is symbolic of the presence of a large high-grade primary uranium orebody occurring in close
proximity to the soil horizon. The uranium grades seen from Phase 1 drilling do not explain why there are
such high levels of uranium in the soil. The presence of pathfinder elements and hydrothermal alteration
zones suggest that a significant primary uranium orebody could realistically be intersected in the Phase
2 program.”
Future exploration activities at Portland Creek on track to commence in Q3 2025
The Company remains buoyed by the potential for a large-scale uranium discovery at Portland Creek
given the highly anomalous uranium-in-soil grades complemented by the observed presence of
widespread hydrothermal alteration, uranium pathfinders, radon gas, radiometrics and structural
indicators suggestive of a possible large, proximal uranium system. Importantly, interpretation of
structural data collected during the Phase 1 drill program indicates that the target primary structures have
not yet been intersected.
In parallel to the program of work to refine the exploration model and target generation, preparation is
underway for Phase 2 of the diamond drilling program at Portland Creek, expected to commence later in
Q3 2025. Details of drill plans are expected after refinement and confirmation of drill targets and the
engagement of a drilling contractor.
About Portland Creek Uranium Project
The Portland Creek Project spans 149 km² and lies within the Precambrian Long-Range Complex of the
Humber Tectonic-Stratigraphic Zone. The geology consists of metaquartzite and a suite of paragneisses,
intruded by leucocratic granite, which are believed to have been thrust westward over Paleozoic
carbonate-dominant sediments.
The project area covers a large regional uranium anomaly, first identified in the 1970’s through a
Newfoundland government lake sediment sampling program. Originally, one uranium showing was
recorded in the Newfoundland Mineral Deposit Index, reporting 2,180 ppm U₃O₈. A compilation of historic
and recent exploration data has since delineated a 6 km zone of anomalous uranium and radon gas in
lake sediments, soils and in an airborne radiometric survey. This anomaly closely follows a prominent
fault scarp, marking the edge of a granitic plateau interpreted as a deep-seated fault.
Since listing, the Company has verified historical uranium anomalies and completed a soil sampling grid
over the Falls Lake Prospect (formerly the Talus Prospect). This work defined a ~800 m x 100 m highgrade uranium anomaly, with a peak result of 74,997 ppm U₃O₈. This anomaly is located down-ice and
west of a 1.5 km radiometric anomaly. Additionally, Infini has identified a southern 500 m-wide cluster of
high-grade soil samples, which includes a peak of 1,500 ppm U₃O₈ and lies 1.5 km from the recently
completed Phase 1 drill program.
Infini Resources Limited
ABN 77 656 098 583
www.infiniresources.com.au
InfiniResources
3
Infini Advances Portland Creek Uranium Exploration Model
Figure 2: Overview of exploration activity conducted at Portland Creek to date, demonstrating the occurrence of soil
sampling grades up to 74,997 ppm U₃O₈, anomalous radiometric data and Phase 1 drillholes.
References
1.
2.
ASX Release, Infini Resources, Phase-1 Drill Assays Confirm Prospectivity for Shear-Hosted
Uranium System at Portland Creek, 4th July 2025.
ASX Release, Infini Resources, Soil Grades up to 74,997 ppm U3O8 (7.5%) at Portland Creek, 10th
July 2024.
[END]
Release authorised by the Board of Infini Resources Ltd.
Contacts
Rohan Bone
Chief Executive Officer
E: info@infiniresources.com.au
Infini Resources Limited
ABN 77 656 098 583
www.infiniresources.com.au
InfiniResources
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Infini Advances Portland Creek Uranium Exploration Model
About Infini Resources Ltd (ASX: I88)
Infini Resources Ltd is an Australian energy metals company focused on mineral exploration in Canada and Western Australia for
uranium and lithium. The company has a diversified and highly prospective portfolio of assets that includes greenfield and more
advanced brownfield projects. The company’s mission is to increase shareholder wealth through exploration growth and mine
development.
JOR 2012 Mineral Resource Deposit
JORC 2012 Classification
Tonnes and Grade
Des Herbiers (U)
Inferred Combined Resource
162 Mt @ 123ppm U3O8 (43.95mlb)
Competent Person & Compliance Statement
The information in this report that relates to exploration results for the Portland Creek Project is based on, and fairly represents,
information and supporting documentation compiled and evaluated by Mark Couzens, a consulting geologist to the Company who
is a Member of the AusIMM. Mr. Couzens has sufficient experience relevant to the style of mineralisation, type of deposit under
consideration, and the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australian
Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves (JORC Code). Mr. Couzens consents to the
inclusion of the information in the form and context in which it appears. The information in the market announcement is an accurate
representation of the available data and studies for the Portland Creek Project.
This announcement contains information on the Portland Creek Project extracted from ASX market announcements dated 10
January 2024, 15 January 2024, 29 January 2024, 19 February 2024, 28 May 2024, 1 July 2024, 10 July 2024, 22 July 2024, 14
October 2024, 23 December 2024, 26 March 2025 and 4 July 2025 reported in accordance with the 2012 edition of the “Australian
Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). The original market
announcements are available to view on www.infiniresources.com.au and www.asx.com.au. The Company is not aware of any new
information or data that materially affects the information included in the original market announcement.
This report contains information regarding the Des Herbiers Mineral Resources Estimate extracted from the Company’s Prospectus
dated 30 November 2023 and released to the ASX market announcements platform on 10 January 2024, reported in accordance
with the 2012 edition of the “Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC
Code). The Company confirms that it is not aware of any new information or data that materially affects the information included in
any original announcement and that all material assumptions and technical parameters underpinning the estimates in the original
market announcement continue to apply and have not materially changed. The original market announcements are available to
view on www.infiniresources.com.au and www.asx.com.au.
Forward Looking Statements
This announcement may contain certain forward-looking statements and projections. Such forward looking statements/projections
are estimates for discussion purposes only and should not be relied upon. Forward looking statements/projections are inherently
uncertain and may therefore differ materially from results ultimately achieved. Infini Resources Limited does not make any
representations and provides no warranties concerning the accuracy of the projections and disclaims any obligation to update or
revise any forward-looking statements/projects based on new information, future events or otherwise except to the extent required
by applicable laws. While the information contained in this report has been prepared in good faith, neither Infini Resources Limited
or any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the
fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement.
Infini Resources Limited
ABN 77 656 098 583
www.infiniresources.com.au
InfiniResources
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