Infini to test soils for repeat of lab-busting uranium hits

Infini Resources is on the hunt for uranium in Canada’s Newfoundland and Labrador province to provide the yellowcake required to fuel global energy demand. Infini Resources is planning a phase-two soil geochemical program in Canada’s Newfoundland and Labrador province in a bid to emulate its previous eye-popping uranium results that propelled its shares upward for a massive 567 per cent gain in July – rocketing from a 15.5c closing price on June 26 to touch an intraday high of $1.035 on July 16.

The company is seeking to unearth multiple new anomalies coincident with historical high radon gas readings and extend the uranium results from its initial phase-one campaign. That earlier soil program set ASX hearts racing when assay results returned up to 74,997 parts per million uranium oxide, sending the company’s share price on the stellar run.

Management says the latest soil survey will be conducted on a grid-basis of […]

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