Infini Resources Ltd (ASX: I88) has announced soil assay results from samples which previously returned in excess of the upper limit of detection from its maiden field sampling campaign at its 100% owned Portland Creek Uranium Project. The project is located in the uranium-friendly jurisdiction of Newfoundland, Canada.
Infini’s CEO, Charles Armstrong, commented, “These follow-up assay results confirm that the company has encountered world class grades of uranium in soil samples at Portland Creek. I am not aware of any other explorers that have returned results close to what we are seeing here in our maiden fieldwork programme. We now eagerly wait for processing of the UAV drone magnetic survey that was flown over Talus to see what potential structural controls exist linked to this special anomaly.”
The results of the follow up soil sample assays have now confirmed a very stong peak assay result of 74,997ppm U3O8. These follow up assays are now even more significant given the average background reading in soils is only ~8ppm U3O8. This peak result is 9,375 times background.
Additionally, Infini is now progressing its geochemical pathfinder studies to see if it can determine the primary bedrock source of any potential uranium deposit sitting proximal or distal to the anomaly.
To find out more, please visit www.infiniresouces.com.au
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