The newly staked ground sits adjacent to the company’s freshly minted Titus prospect, where recent geological mapping and rock chip sampling unearthed primary uranium mineralisation at surface, peaking at 1.9 per cent uraninite.
Adding weight to Infini’s targeting strategy, the high-grade surface sample at Titus was collected within a mapped structural corridor coincident with significant EM conductors.
Management says the expanded landholding gives Infini greater flexibility to advance exploration across a broader, coherent target area, enabling the company to prioritise and test multiple high-quality targets.
Infini Resources chief executive officer Rohan Bone said: “Expanding our footprint at Reitenbach Lake is a strategic step that strengthens Infini’s position over an emerging highly prospective exploration corridor. Securing ground adjacent to the Titus Prospect that captures interpreted extensions of key EM conductors, radiometric anomalies and key geological structures materially enhances the scale potential of the project.”
Assays from the latest round of rock chip sampling from Reynolds Lake and Reitenbach Lake are expected shortly. Meanwhile, the company is pulling together all available datasets across the newly staked tenements to support the definition of drill targets ahead of a planned second-quarter exploration program.
Uranium forecasts are overwhelmingly bullish, with some market analysts tipping prices to reach as high as US$135 (A$201) per pound, spurred on by structural supply deficits, increasing demand from AI-driven data centres and the growing role of nuclear power as a critical, carbon-free source.
With a 2026 drill blitz looming and a bigger slice of Canada’s uranium pie under its belt, Infini is lining up the drill bit for what could be the cherry on top of the cake as uranium prices heat up.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au