Infini tables world-class uranium results in Canada

Infini Resources is hoping to be on the verge of discovery at its Portland Creek uranium project in Newfoundland after revealing stunning high soil samples. Infini Resources’ share price skyrocketed 148 per cent this morning after the company unveiled what it says are some of the world’s highest-ever uranium soil sample grades at its Portland Creek project in the Canadian province of Newfoundland.

The company says many of the samples returned grades exceeding detection limits, prompting management to return them to the laboratory for re-analysis.

It prompted a hive of activity for the company on the ASX, with a closing share price last week of 15.5c flying to an intraday trading high of 38.5c to start the new week, as more than 7.3 million shares changed hands.

The first-pass soils sit consistently across an area of about 235m by 100m within a bigger 3.2km radiometric corridor. Uranium soils showing the consistent, ultra […]

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