Infini Resources chief executive officer Rohan Bone said: “Over 5,000 metres drilled across 17 holes has delivered visible uranium, strong alteration and encouraging polymetallic signatures over a strike length exceeding six kilometres. This reinforces our view that Portland Creek hosts a potential district-scale uranium system with numerous targets yet to be tested.”
Bone added that the twin dataset of drill assays and airborne geophysics, due between now and the first quarter of 2026, would provide the sharpest picture yet of the project’s architecture and guide an even larger drill assault next year.
It comes at a time when uranium’s global narrative has strengthened dramatically. The United States has committed to quadrupling nuclear-derived electricity generation by 2050 as part of its clean-energy transition. At the same time, the World Nuclear Association has forecast reactor uranium requirements to grow at 5.3 per cent annually through to 2040 – one of the strongest long-term demand outlooks in the commodity space.
Uranium prices have continued to flex, recently trading in the mid-US$80/lb range after hitting 16-year highs earlier this year. Supply remains tight, with major producers signalling constrained output and several new reactors set to come online globally.
Analysts increasingly see structural deficits forming from 2027 onward as utilities rush to secure long-term supply. Against a tightening market – particularly in geopolitically secure jurisdictions such as Canada – companies with early-stage discoveries are drawing heightened investor interest, with explorers like Infini well-placed to ride the sector’s momentum.
Infini appears to have hit its stride at exactly the right moment. With assays pending, fresh geophysics on the way and a rapidly evolving regional-scale picture, the company is positioning itself as a potential new entrant into the increasingly strategic North American uranium supply chain.
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