Infini matches hidden faults with high-grade uranium soils

Infini Resources has found promising results in a UAV magnetic survey at its Portland Creek project in Canada. Credit: File Infini Resources has completed unmanned aerial vehicle (UAV) magnetic surveys revealing substantial fault structures and associated magnetic anomalies coinciding with recently-announced record uranium-in-soil results at its Portland Creek project in Canada.

The company says the surveys reveal multiple large-scale structures and magnetic anomalies identified within a highly-prospective 3.2km-long radiometric corridor that exhibit a strong correlation with existing uranium mineralisation. It includes a 74,997 parts per million (7.5 per cent) uranium oxide sample that kickstarted Infini’s recent 613 per cent share price run from a low of 14.5c on June 26 to an intraday high of $1.035 on July 16.

Management believes a collisional tectonic zone (primary structure) with a network of interpreted north-east to south-west-trending splay faults (secondary structures) may be controlling its high-grade 235m-by-100m soil anomaly. The primary fault is […]

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