Quarterly Activities/Appendix 5B Cash Flow Report
Summary
During the June 2026 Quarter, Infini advanced its Canadian uranium portfolio through the commencement of maiden diamond drilling at the Reynolds Lake and Reitenbach Lake Uranium Projects in Saskatchewan and the first modern project-wide airborne EM and magnetic survey at the flagship Portland Creek Uranium Project in Newfoundland. The maiden drilling program is systematically testing high-priority targets where EM conductors, magnetic lows, structural corridors and uranium geochemical anomalism coincide, including the high-grade 1.90% U3O8 Titus Prospect, while integration of Phase 2 drill assays with new geophysics at Portland Creek has confirmed elevated uranium anomalism over more than 6 km of strike within a structurally controlled hydrothermal system, materially strengthening the geological model and de-risking the planned Phase 3 drilling program scheduled to commence in Q3 CY2026.
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