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Home»Business & Economy»Infini readies rigs with prime uranium targets in Athabasca
Business & Economy

Infini readies rigs with prime uranium targets in Athabasca

info@thewitness.com.auBy info@thewitness.com.auMarch 31, 2026No Comments3 Mins Read
Infini readies rigs with prime uranium targets in Athabasca
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Brought to you by BULLS N’ BEARS

Penny Taylor

March 31, 2026 — 2:36pm

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Infini Resources has set the stage for a first-pass drilling blitz in one of the world’s richest uranium neighbourhoods, having locked in a set of high-priority targets at its Reynolds Lake and Reitenbach Lake in Canada.

The company has finalised multiple priority targets by stitching together geophysics, geochemistry and structural data, with the standout zones sitting along a sprawling 15km by 3km mineralised corridor, tied to conductive trends that scream discovery potential.

Black visual uraninite surrounded by greenish-yellow mineralisation at surface at Infini Resources’ Reitenbach Lake project in Canada Infini Resources Reitenbach Lake project. Athabasca, Canada.

The newly defined targets are anchored by the high-grade Titus prospect at Reitenbach, where earlier work returned a scintillating 18,986 parts per million (ppm) uranium oxide, or 1.90 per cent, alongside a suite of follow-up results peaking at 3,844ppm. Notably, the broader dataset shows uranium anomalism stretching well beyond the original discovery zone.

Management says the targets sit along key electromagnetic conductors and interpreted fault corridors presenting the same geological ingredients that underpin many of the Athabasca Basin’s monster deposits.

Infini’s phase one and phase two recent study programs combined detailed airborne and ground electromagnetic surveys with systematic rock-chip sampling and field mapping, delivering more than 180 samples across both projects. The integrated datasets helped pinpoint the Titus prospect and sharpen multiple drill-ready targets along conductive corridors and structurally complex zones now considered prime for basement-hosted uranium mineralisation.

The company is now lining up a maiden drilling campaign in the June quarter, with permitting and stakeholder engagement advancing in parallel and funding already locked in from existing cash reserves.

Infini Resources chief executive officer Rohan Bone said: “With the full Phase 1 and Phase 2 dataset now in hand, we are well positioned to finalise drill targets and advance confidently toward our planned 2026 maiden drilling program.”

The latest milestone caps a busy run for Infini, which has steadily expanded and upgraded its footprint across the eastern edge of the Athabasca Basin. Recent airborne electromagnetic work has outlined about 80km of prospective conductor strike, including a newly interpreted 20km by 5km corridor that adds serious scale to the Reitenbach prize.

Earlier field programs also confirmed visible uraninite mineralisation and widespread activity across both projects reinforcing the view the company is vectoring in on a potentially large, structurally controlled uranium system in the making.

The projects sit along the fertile Needle Falls Shear Zone, a deep-seated structural corridor known for hosting high-grade uranium deposits, and the same geological setting that has delivered some of Canada’s most profitable mines.

Infini has also been busy on the corporate front, expanding its Reitenbach landholding by 31 per cent to tighten its grip on the broader mineralised corridor while locking in contractors and advancing permitting to ensure rigs can roll as soon as conditions allow.

With uranium prices showing renewed strength amid tightening global supply and nuclear energy back in favour, Infini appears well-timed to test its growing pipeline of targets in a tier-one jurisdiction.

With targets now locked, cash in the bank and rigs on the horizon, Infini looks primed to put some serious steel into the ground and see if its Athabasca ambitions can deliver a uranium discovery worth talking about.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

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