InvestSMART

Infini Resources Limited (ASX:I88)

ALERT: Price-sensitive ASX Announcement for I88
Current share price for I88 : $0.125 -0.09 (-41.86%)+
Release
3 Oct 2025 9:04AM
Price at Release
$0.215
Full Release
download
Summary
Infini Resources Limited has completed its inaugural field programs at the Reynolds and Reitenbach Lake Uranium Projects, located on the eastern outboard margin of the Athabasca Basin. The projects cover a substantial footprint, comprising a total of 19 mineral claims. At Reynolds Lake, the field program focused on areas where electromagnetic conductors aligned with radiometric anomalies, resulting in the collection of multiple soil and rock samples. The highest scintillometer readings reached 9,700 cps, suggesting the presence of uranium mineralisation. Meanwhile, the Reitenbach Lake program yielded a significant discovery of a visible uraninite showing, which represents a breakthrough for the project. This discovery, along with structural mapping, positions Reitenbach Lake as a high-priority target for future exploration. Upcoming steps include laboratory assays of samples with high scintillometer readings and further integration of geophysical data to prepare for potential drilling in 2026.
Key Points
  • Completion of inaugural field programs at Reynolds and Reitenbach Lake.
  • Reynolds Lake focused on EM conductors and radiometric anomalies.
  • Significant discovery of visible uraninite at Reitenbach Lake.
  • High scintillometer readings suggest uranium mineralisation.
  • Future plans include sample assays and potential drilling in 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.