World-class Infini uranium grades a big hit on ASX

Infini Resources has revealed lab-busting grades for the uranium from its Portland Creek project in Canada. A decision by Infini Resources to send lab-busting uranium assays from its Portland Creek project in Canada back for re-analysis has delivered wild grades and a matching share price hike on the ASX this morning.

With the company’s stock jumping more than 83 per cent – a second big run in as many weeks – management says the soil sampling grades going up to 74,997 parts per million (7.5 per cent) uranium oxide could be the highest ever recorded. Its share price had been sitting as low as 14.5c just a fortnight ago, but hit a high of 90c today as nearly 7.5 million units changed hands in the first three hours of intraday trading.

Infini last week revealed that 17 soil samples had broken the upper limit of detection at the lab, putting the […]

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