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INFINI RESOURCES LIMITED — Capital/Financing Update 2026
Feb 8, 2026
65087_rns_2026-02-08_7b2ba1ec-56af-43ea-b7f6-5798638b5550.pdf
Capital/Financing Update
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ASX Announcement Released 9 February 2026
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Assays Confirm Structurally Controlled Uranium System at Portland Creek
First batch of assay results received from the Phase 2 drilling program at the Portland Creek Uranium Project, covering holes PCDD25-007 to PCDD25-018 (excluding -011A).
Assays confirm uranium mineralisation across holes PCDD25-008, 10, 12, 14 and 16 spanning across >2 km strike length, up to 347 ppm U3O8.
The multiple broad spaced drillholes encountering low levels of uranium mineralisation indicate a significant hydrothermal event through the district.
Assays establish a direct correlation between uranium levels encountered in drillholes and the fracturing levels of the host rock, consistent with Infini’s exploration model of a shear-hosted mineralisation system.
Phase 2 drill program, together with past soil assays up to 74,997 ppm U3O8, confirms an enriched uranium system is present at Portland Creek and major focus will be on intersecting favorable fractured / brecciated structure which has emplaced the high-grade system.
Polymetallic signatures confirmed in laboratory assays, including uranium associated with molybdenum, zinc and copper, supporting the presence of a fertile hydrothermal system.
Portland Creek airborne geophysics survey results expected in Q1 CY2026 to drive target refinement for an expanded 2026 exploration and drilling campaign.
Infini Resources Ltd (ASX: I88, “Infini” or the “Company”) has received the first batch of laboratory assay results from the Phase 2 diamond drilling program at its flagship Portland Creek Uranium Project in Newfoundland, Canada. The assays cover drillholes PCDD25-007 to PCDD25-018 (excluding PCDD25-011A) from the completed Phase 2 drilling program.
The assay results identified anomalous uranium (25 – 347 ppm U3O8) in 5 adjacent drillholes (PCDD25010, 12, 14, 16 and 17) defining a mineralised zone trending NE-SW with a maximum downhole thickness of 300m. These results validate geological logging and guidance from scintillometer and portable XRF readings reported during drilling. The association of uranium with fractures within sheared granite are consistent with a structurally controlled shear-hosted uranium system.
In addition to uranium mineralisation, laboratory assays confirm localised enrichment, zinc and copper, reinforcing the interpretation of a fertile hydrothermal system at Portland Creek.
Infini’s Chief Executive Officer, Rohan Bone, said: "The first batch of assays from Phase 2 drilling provides strong validation of our exploration model at Portland Creek, confirming uranium mineralisation across multiple holes and targets within a structurally controlled hydrothermal system. Importantly, these results represent only a portion of the broader opportunity at Portland Creek. Large areas of the Project remain untested, including the source of the exceptionally high uranium-in-soil anomalies identified at Falls Lake, which continue to represent a compelling target.
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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As we integrate these assay results with geological observations and the high-resolution airborne EM, magnetic and radiometric data being acquired, we expect to significantly improve our understanding of the mineralising system, its primary fluid pathways and structural controls. This combined dataset will be critical in refining target prioritisation and designing a more focused and higher-impact exploration and drilling program in 2026. We believe Portland Creek has substantial upside, and these next steps position Infini well to unlock the full potential of the Project.”
Uranium Mineralisation Confirms the Presence of a Structurally Controlled System
Assay results from Phase 2 drilling confirm the presence of uranium mineralisation and a fertile hydrothermal system across multiple drillholes within the Falls Lake Prospect and the broader Trident Lake Zone. While grades are variable, uranium has been consistently identified in multiple locations, providing confirmation that uranium-bearing fluids have circulated through a broad structural framework at Portland Creek.
Laboratory assays validate earlier indications from surface geochemistry, radiometric data and downhole observations, demonstrating that the exploration targeting applied during Phase 2 drilling is effective in identifying mineralised zones. Uranium mineralisation is predominantly hosted within fractures, joints, breccias and cavity zones developed within granitic host rocks, often coincident with zones of enhanced brittle deformation. This distribution is consistent with uranium precipitation from structurally focused fluid flow, rather than stratigraphically controlled mineralisation.
Collectively, the results confirm the presence of a broader uranium mineralising system and establish a sound geological framework for continued exploration. While Portland Creek remains a greenfield project, the confirmation of uranium mineralisation across multiple targets materially reduces geological uncertainty and supports further systematic evaluation of the Project.
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Figure 1: Photo of split core from drillhole PCDD25-014 (470462E, 5558025N, UTM Zone 21, sample ID H091491) demonstrating visual uraninite mineralisation along joint surfaces and along fractures in split drill core from at downhole depth of 28m. Laboratory analysis of a 1m interval including this sample returned 124 ppm U3O8 (refer to Appendix 1).
Infini Resources Limited
www.infiniresources.com.au InfiniResources 2
ABN 77 656 098 583
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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Figure 2: Phase 2 drillhole locations with logged visible uranium across multiple drillholes and multiple priority targets, demonstrating the emerging potential district-scale uranium system at Portland Creek.
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources 3
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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Hydrothermal Alteration and Structural Controls on Mineralisation
Phase 2 drilling intersected widespread hydrothermal alteration across much of the drilled area, with alteration assemblages dominated by sodic alteration (albite ± quartz), locally overprinted by hematite and trace chlorite. Uranium mineralisation is most commonly associated with hematite-rich zones, particularly along the surfaces of suspected reactivated shear planes, indicating a close relationship between alteration, structure and mineralisation.
At Target 2, drilling intersected zones of moderate uranium mineralisation spatially associated with these hematite-altered structures. Although drillhole PCDD25-014 itself returned only limited uranium mineralisation, it intersected a broad zone of faulting characterised by shearing and brecciation, refer to Figure 3. This structural corridor is interpreted to represent a significant fluid pathway and is also independently identified in the first vertical derivative (1VD) magnetic interpretation, where it trends approximately 040[o] and is interpreted to dip steeply to the southeast. Oriented core data confirms the steep structural geometry observed in the geophysical interpretation.
Importantly, uranium mineralisation observed in nearby drillholes appears to be marginal to, rather than centrally within, this major structure, suggesting that mineralisation may be focused along subsidiary fractures or structural splays adjacent to the primary fault zone. This relationship is consistent with structurally controlled hydrothermal systems, where mineral deposition commonly occurs in zones of enhanced permeability peripheral to major fault cores.
Laboratory assays have also identified elevated copper (up to 479 ppm), molybdenum (up to 321 ppm) and zinc (up to 676 ppm) within the drill core. A notable interval in PCDD25-009A from 151.59 m returned a 5.11 m interval averaging 303 ppm copper, 166 ppm molybdenum and 202 ppm zinc, along with elevated pathfinder elements. These polymetallic associations are consistent with hydrothermal fluid activity and support the interpretation of a broader mineralising system at Portland Creek.
While results to date confirm the presence of a coherent hydrothermal system, the bedrock source responsible for the exceptionally high uranium-in-soil anomalies at Falls Lake (up to 7.5% U ₃ O ₈ ) remains unresolved. Phase 2 drilling has focused on selected targets within the Falls Lake Prospect and the broader Trident Lake Zone; however, the origin of these extreme soil anomalies remains a key area for further investigation.
Numerous untested structural, geochemical and geophysical targets remain across the Portland Creek Project, including extensions of interpreted structural corridors and secondary fault splays beyond the current drill coverage. These features represent important exploration opportunities as the Company continues to refine its understanding of the mineralising system and also represent significant exploration upside.
Unlocking the Next Phase of Growth at Portland Creek
With Phase 2 drilling completed and initial assay results in hand, Infini is now focused on advancing the Project through integrated interpretation and target refinement ahead of the next phase of exploration.
Key upcoming milestones include:
-
Final batch of Phase 2 drill assays expected in Q2 CY2026, due to current congestion and extended turnaround times within laboratory assay services.
-
Completion of detailed integration of assay results with geological logging, structural interpretation and existing geophysical datasets.
-
Completion and interpretation of the airborne EM-magnetic-radiometric survey, with results expected in Q2 CY2026.
-
Field program at Portland Creek commencing in Q2 CY2026 to ground-truth priority targets through detailed geological mapping, structural measurements and focused surface geochemical sampling in areas highlighted by drilling and geophysical interpretation
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources 4
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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- Refinement and prioritisation of new and existing targets, including untested structural corridors associated with the highest uranium-in-soil anomalies.
Design of an expanded exploration and drilling program for H2 CY2026, aimed at testing the principal fluid pathways and structural traps interpreted to control uranium mineralisation.
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Figure 3: Cross-section of holes PCDD25-012 (470459E, 5557965N, UTM Zone 21) and PCDD25-014 (470462E, 5558025N, UTM Zone 21) illustrating uranium mineralisation observed in nearby drillholes appears to be marginal to, rather than centrally within, a broad zone of faulting characterised by shearing and brecciation.
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources 5
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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References
-
ASX Release, Infini Resources, Extensive Downhole Uranium Intersected at Portland Creek , 9[th] October 2025.
-
ASX Release, Infini Resources, Multiple Uranium-Bearing Zones Encountered Across Multiple Drill Holes at Portland Creek , 21[st] November 2025.
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ASX Release, Infini Resources, Phase 2 Drilling Complete and Airborne Survey Initiated at Portland Creek , 12[th] December 2025.
[END]
Release authorised by the Board of Infini Resources Ltd.
Contacts
Rohan Bone Chief Executive Officer E: [email protected]
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources 6
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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About Portland Creek Uranium Project
The Portland Creek Uranium Project spans 328 km² and lies within the Precambrian Long-Range Complex of the Humber Tectonic-Stratigraphic Zone. The geology consists of metaquartzite and a suite of paragneisses, intruded by leucocratic granite, which are believed to have been thrust westward over Paleozoic carbonate-dominant sediments.
The project area covers a large regional uranium anomaly, first identified in the 1970’s through a Newfoundland government lake sediment sampling program. Originally, one uranium showing was recorded in the Newfoundland Mineral Deposit Index, reporting 2,180 ppm U ₃ O ₈ . A compilation of historic and recent exploration data has since delineated a 6 km zone of anomalous uranium and radon gas in lake sediments, soils and in an airborne radiometric survey. This anomaly closely follows a prominent fault scarp, marking the edge of a granitic plateau interpreted as a deep-seated fault.
Since listing, the Company has verified historical uranium anomalies and completed a soil sampling grid over the Falls Lake Prospect (formerly the Talus Prospect). This work defined a ~800 m x 100 m highgrade uranium anomaly, with a peak result of 74,997 ppm U ₃ O ₈ . This anomaly is located down-ice and west of a 1.5 km radiometric anomaly. Additionally, Infini has identified a southern 500 m-wide cluster of high-grade soil samples, which includes a peak of 1,500 ppm U ₃ O ₈ and lies 1.5 km from the recently completed Phase 2 drill program.
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Figure 4: Overview of prospective exploration areas at Portland Creek, demonstrating the occurrence of soil sampling assays up to 74,997 ppm U ₃ O ₈ , anomalous radiometric data and Infini’s package of tenements.
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources 7
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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About Infini Resources Ltd (ASX: I88)
Infini Resources Ltd is an Australian energy metals company focused on mineral exploration in Canada and Western Australia for uranium and lithium. The company has a diversified and highly prospective portfolio of assets that includes greenfield and more advanced brownfield projects. The company’s mission is to increase shareholder wealth through exploration growth and mine development.
| JORC 2012 Mineral Resource Deposit |
JORC 2012 Classification | Tonnes and Grade |
|---|---|---|
| Des Herbiers (U) | Inferred Combined Resource | 162 Mt @ 123ppm U3O8(43.95mlb) |
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Figure 5: Overview of Infini's portfolio of projects and global footprint.
Competent Person & Compliance Statement
The information in this report that relates to exploration results for the Portland Creek Project is based on, and fairly represents, information and supporting documentation compiled and evaluated by Mark Couzens, Principal Geologist for the Company who is a Member of the AusIMM. Mr. Couzens has sufficient experience relevant to the style of mineralisation, type of deposit under consideration, and the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australian Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves (JORC Code). Mr. Couzens consents to the inclusion of the information in the form and context in which it appears. The information in the market announcement is an accurate representation of the available data and studies for the Portland Creek Project.
This announcement contains information on the Portland Creek Project extracted from ASX market announcements dated 10 January 2024, 15 January 2024, 29 January 2024, 19 February 2024, 28 May 2024, 1 July 2024, 10 July 2024, 22 July 2024, 14 October 2024, 23 December 2024, 26 March 2025, 4 July 2025, 14 July 2025, 28 July 2025, 30 July 2025, 3 September 2025, 11 September 2025, 9 October 2025, 13 October 2025, 21 November 2025 and 12 December 2025 reported in accordance with the 2012 edition of the “Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). The original market announcements are available to view on www.infiniresources.com.au and www.asx.com.au. The Company is not aware of any new information or data that materially affects the information included in the original market announcement.
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources 8
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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This report contains information regarding the Des Herbiers Mineral Resources Estimate extracted from the Company’s Prospectus dated 30 November 2023 and released to the ASX market announcements platform on 10 January 2024, reported in accordance with the 2012 edition of the “Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). The Company confirms that it is not aware of any new information or data that materially affects the information included in any original announcement and that all material assumptions and technical parameters underpinning the estimates in the original market announcement continue to apply and have not materially changed. The original market announcements are available to view on www.infiniresources.com.au and www.asx.com.au.
Forward Looking Statements
This announcement may contain certain forward-looking statements and projections. Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. Forward looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved. Infini Resources Limited does not make any representations and provides no warranties concerning the accuracy of the projections and disclaims any obligation to update or revise any forward-looking statements/projects based on new information, future events or otherwise except to the extent required by applicable laws. While the information contained in this report has been prepared in good faith, neither Infini Resources Limited or any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement.
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources 9
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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Appendix 1: Intersections of anomalous uranium observed in the first batch of assays from Phase 2 drilling at Portland Creek
Table 1: Material drill hole samples (mineralised intervals >100 ppm U3O8) taken from the Phase 2 drilling program at Portland Creek demonstrating localised uranium intercepts. Intervals are down hole length. True width not known.
| Hole number | UTM East | UTM North | UTM Elevation |
**Azimuth (o) ** | **Dip (o) ** | From (m) | To (m) | Interval (m) | Sample ID | U3O8 (ppm) |
|---|---|---|---|---|---|---|---|---|---|---|
| PCDD25-008 | 470730 | 5559405 | 128 | 320 | -45 | 143.00 | 143.30 | 0.30 | L458639 | 229 |
| PCDD25-010 | 470291 | 5557916 | 123 | 170 | -45 | 79.28 | 80.00 | 0.59 | L458896 | 103 |
| PCDD25-010 | 470291 | 5557916 | 123 | 170 | -45 | 114.22 | 114.56 | 0.36 | L458919 | 110 |
| PCDD25-010 | 470291 | 5557916 | 123 | 170 | -45 | 159.69 | 160.12 | 0.52 | L458956 | 108 |
| PCDD25-010 | 470291 | 5557916 | 123 | 170 | -45 | 160.62 | 161.50 | 0.72 | L458958 | 176 |
| PCDD25-010 | 470291 | 5557916 | 123 | 170 | -45 | 161.50 | 162.50 | 0.34 | L458959 | 142 |
| PCDD25-010 | 470291 | 5557916 | 123 | 170 | -45 | 261.40 | 262.40 | 0.43 | H091463 | 110 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 35.51 | 36.10 | 0.88 | H091026 | 108 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 54.12 | 54.48 | 1.00 | H091042 | 116 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 54.48 | 55.00 | 1.00 | H091043 | 104 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 143.13 | 143.62 | 1.00 | H091156 | 112 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 144.50 | 145.00 | 0.49 | H091159 | 116 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 145.00 | 145.50 | 0.50 | H091161 | 114 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 171.75 | 172.23 | 0.50 | H091196 | 120 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 214.91 | 215.91 | 0.48 | H091258 | 106 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 228.18 | 228.62 | 0.44 | H091275 | 124 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 254.27 | 254.85 | 0.58 | H091311 | 347 |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
10
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Hole number | UTM East | UTM North | UTM Elevation |
**Azimuth (o) ** | **Dip (o) ** | From (m) | To (m) | Interval (m) | Sample ID | U3O8 (ppm) |
|---|---|---|---|---|---|---|---|---|---|---|
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 254.85 | 255.15 | 0.30 | H091312 | 171 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 255.15 | 255.80 | 0.65 | H091313 | 113 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 255.80 | 256.15 | 0.35 | H091314 | 342 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 257.15 | 257.52 | 0.37 | H091316 | 209 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 257.52 | 258.02 | 0.50 | H091317 | 218 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 258.02 | 258.52 | 0.50 | H091318 | 129 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 258.52 | 259.52 | 1.00 | H091319 | 104 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 262.30 | 262.80 | 0.50 | H091324 | 267 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 267.80 | 268.00 | 0.20 | H091331 | 150 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 269.60 | 269.90 | 0.30 | H091334 | 252 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 270.30 | 271.30 | 1.00 | H091336 | 105 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 277.70 | 278.38 | 0.68 | H091346 | 324 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 281.38 | 282.40 | 1.02 | H091351 | 153 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 291.00 | 291.40 | 0.40 | H091367 | 152 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 296.47 | 297.47 | 1.00 | H091375 | 134 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 297.47 | 298.47 | 1.00 | H091376 | 142 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 298.47 | 299.38 | 0.91 | H091377 | 120 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 299.38 | 300.38 | 1.00 | H091378 | 107 |
| PCDD25-012 | 470461 | 5557972 | 123 | 170 | -45 | 305.40 | 305.94 | 0.54 | H091385 | 165 |
| PCDD25-014 | 470462 | 5558025 | 131 | 170 | -45 | 27.70 | 28.05 | 0.35 | H091491 | 124 |
| PCDD25-016 | 470515 | 5558036 | 133 | 170 | -45 | 50.64 | 51.22 | 0.58 | H091644 | 143 |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
11
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Hole number | UTM East | UTM North | UTM Elevation |
**Azimuth (o) ** | **Dip (o) ** | From (m) | To (m) | Interval (m) | Sample ID | U3O8 (ppm) |
|---|---|---|---|---|---|---|---|---|---|---|
| PCDD25-016 | 470515 | 5558036 | 133 | 170 | -45 | 57.54 | 58.00 | 0.46 | H091649 | 106 |
| PCDD25-016 | 470515 | 5558036 | 133 | 170 | -45 | 80.63 | 81.19 | 0.56 | H091662 | 245 |
| PCDD25-016 | 470515 | 5558036 | 133 | 170 | -45 | 113.00 | 114.00 | 1.00 | H091689 | 297 |
| PCDD25-016 | 470515 | 5558036 | 133 | 170 | -45 | 124.88 | 125.88 | 1.00 | H091706 | 106 |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
12
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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Appendix 2: Intersections of anomalous elements associated with hydrothermal fluids observed in the first batch of assays from Phase 2 drilling at Portland Creek
Table 2: Material drill hole samples (mineralised intervals >100 ppm Cu, or >100 ppm Mo, or >100 ppm Zn) taken from the Phase 2 drilling program at Portland Creek demonstrating localised intercepts of elements associated with hydrothermal fluids. Intervals are down hole length. True width not known.
| Hole number | UTM East | UTM North | UTM Elevation |
**Azimuth (o) ** | **Dip (o) ** | From (m) | To (m) | Interval (m) |
Sample ID | Cu (ppm) | Mo (ppm) | Zn (ppm) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PCDD25-008 | 470730 | 5559405 | 128 | 320 | -45 | 27.17 | 27.48 | 0.31 | L458585 | 1 | 2 | 262 |
| PCDD25-008 | 470730 | 5559405 | 128 | 320 | -45 | 35.68 | 36.15 | 0.47 | L458591 | 0 | 1 | 173 |
| PCDD25-008 | 470730 | 5559405 | 128 | 320 | -45 | 44.00 | 45.00 | 1.00 | L458597 | 29 | 1 | 101 |
| PCDD25-008 | 470730 | 5559405 | 128 | 320 | -45 | 45.00 | 46.08 | 1.08 | L458598 | 28 | 1 | 101 |
| PCDD25-008 | 470730 | 5559405 | 128 | 320 | -45 | 69.00 | 70.00 | 1.00 | L458612 | 2 | 1 | 334 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 151.00 | 151.59 | 0.59 | L458769 | 47 | 48 | 135 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 151.59 | 152.00 | 0.41 | L458771 | 273 | 220 | 676 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 152.00 | 152.33 | 0.33 | L458772 | 318 | 256 | 220 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 152.33 | 152.66 | 0.33 | L458773 | 479 | 186 | 273 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 152.66 | 153.00 | 0.34 | L458774 | 387 | 104 | 99 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 153.00 | 153.33 | 0.33 | L458775 | 290 | 54 | 452 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 153.33 | 153.66 | 0.33 | L458776 | 275 | 121 | 179 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 153.66 | 154.00 | 0.34 | L458777 | 413 | 280 | 207 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 154.00 | 154.33 | 0.33 | L458778 | 338 | 139 | 64 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 154.33 | 154.66 | 0.33 | L458779 | 450 | 321 | 67 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 154.66 | 155.00 | 0.34 | L458781 | 175 | 110 | 68 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 155.00 | 155.73 | 0.73 | L458782 | 125 | 150 | 50 |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
13
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Hole number | UTM East | UTM North | UTM Elevation |
**Azimuth (o) ** | **Dip (o) ** | From (m) | To (m) | Interval (m) |
Sample ID | Cu (ppm) | Mo (ppm) | Zn (ppm) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 155.73 | 156.70 | 0.97 | L458783 | 119 | 54 | 65 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 180.76 | 181.76 | 1.00 | L458794 | 16 | 3 | 143 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 181.76 | 182.76 | 1.00 | L458795 | 9 | 3 | 128 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 210.00 | 210.30 | 0.30 | L458798 | 5 | 2 | 213 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 221.00 | 221.30 | 0.30 | L458799 | 8 | 2 | 147 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 283.25 | 284.00 | 0.75 | L458813 | 18 | 3 | 108 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 284.00 | 285.00 | 1.00 | L458814 | 98 | 6 | 390 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 285.00 | 285.49 | 0.49 | L458815 | 55 | 3 | 407 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 285.49 | 286.13 | 0.64 | L458816 | 76 | 9 | 259 |
| PCDD25-009A | 470740 | 5559787 | 132 | 184 | -45 | 298.92 | 299.92 | 1.00 | L458834 | 102 | 2 | 55 |
| PCDD25-010 | 470291 | 5557916 | 123 | 170 | -45 | 79.28 | 80.00 | 0.72 | L458896 | 5 | 240 | 26 |
| PCDD25-010 | 470291 | 5557916 | 123 | 170 | -45 | 127.00 | 128.00 | 1.00 | L458928 | 1 | 154 | 7 |
| PCDD25-014 | 470462 | 5558025 | 131 | 170 | -45 | 424.41 | 425.03 | 0.62 | H091557 | 39 | 4 | 105 |
| PCDD25-015 | 470488 | 5556666 | 118 | 170 | -45 | 278.00 | 279.00 | 1.00 | H091606 | 35 | 1 | 130 |
| PCDD25-015 | 470488 | 5556666 | 118 | 170 | -45 | 281.00 | 282.00 | 1.00 | H091607 | 64 | 2 | 110 |
| PCDD25-015 | 470488 | 5556666 | 118 | 170 | -45 | 286.31 | 287.00 | 0.69 | H091611 | 183 | 25 | 103 |
| PCDD25-015 | 470488 | 5556666 | 118 | 170 | -45 | 288.00 | 289.00 | 1.00 | H091613 | 22 | 1 | 141 |
| PCDD25-015 | 470488 | 5556666 | 118 | 170 | -45 | 295.41 | 296.00 | 0.59 | H091614 | 49 | 4 | 225 |
| PCDD25-015 | 470488 | 5556666 | 118 | 170 | -45 | 296.00 | 296.66 | 0.66 | H091615 | 27 | 1 | 168 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 30.00 | 30.30 | 0.30 | H091947 | 5 | 1 | 102 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 40.00 | 40.30 | 0.30 | H091948 | 6 | 1 | 110 |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
14
Assays Confirm Structurally Controlled Uranium System at Portland Creek
==> picture [111 x 33] intentionally omitted <==
| Hole number | UTM East | UTM North | UTM Elevation |
**Azimuth (o) ** | **Dip (o) ** | From (m) | To (m) | Interval (m) |
Sample ID | Cu (ppm) | Mo (ppm) | Zn (ppm) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 50.00 | 50.30 | 0.30 | H091949 | 6 | 1 | 127 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 81.91 | 83.00 | 1.09 | H091958 | 13 | 1 | 101 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 83.00 | 84.00 | 1.00 | H091959 | 11 | 1 | 123 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 84.00 | 85.00 | 1.00 | H091961 | 54 | 2 | 106 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 85.00 | 86.00 | 1.00 | H091962 | 10 | 2 | 130 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 86.00 | 87.00 | 1.00 | H091963 | 8 | 2 | 124 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 89.00 | 90.00 | 1.00 | H091966 | 12 | 1 | 125 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 90.36 | 91.00 | 0.64 | H091968 | 12 | 2 | 137 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 91.00 | 91.54 | 0.54 | H091969 | 7 | 2 | 103 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 91.54 | 92.06 | 0.52 | H091971 | 4 | 3 | 156 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 92.06 | 92.51 | 0.45 | H091972 | 16 | 3 | 146 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 103.31 | 104.00 | 0.69 | H091976 | 8 | 1 | 129 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 104.00 | 105.00 | 1.00 | H091977 | 8 | 1 | 132 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 105.00 | 105.96 | 0.96 | H091978 | 8 | 2 | 129 |
| PCDD25-017 | 4706700 | 5557873 | 135 | 327 | -45 | 237.94 | 238.31 | 0.37 | H097128 | 17 | 1 | 436 |
| PCDD25-018 | 470718 | 5558182 | 131 | 3 | -45 | 16.00 | 17.00 | 1.00 | H097292 | 6 | 1 | 169 |
| PCDD25-018 | 470718 | 5558182 | 131 | 3 | -45 | 20.98 | 22.00 | 1.02 | H097293 | 10 | 2 | 203 |
| PCDD25-018 | 470718 | 5558182 | 131 | 3 | -45 | 22.00 | 24.00 | 2.00 | H097294 | 9 | 1 | 131 |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
15
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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JORC Code, 2012 Edition – Table 1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Sampling techniques |
• Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. |
• Details of Infini’s soil sampling and historic lake sediment sampling have been reported previously (ASX 1stJuly 2024 & 10thJuly 2024). • Core was also analysed using a portable XL3t gold+ XRF devide (pXRF) at every meter marker as well as at random locations. Where spot mineralisation exceeded 200 ppm the core is tested at 25 cm spacing in the preceding and following meter of core. • Based upon the scintollometer and pXRF readings sample size for the drill core was selected. Sample sizes ranged from 0.3m up to just over 2m. |
| Drilling techniques |
• Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.). |
• Details of Infini’s drilling have been reported previously (ASX 28thJuly 2025, 30thJuly 2025, 3rdSeptember 2025, 9th October 2025 and 21stNovember 2025). • Drilling was undertaken by one heli-transportable diamond drill rig. The core was NG gauge on a single 10m core tube. The core was oriented with a ACT III RD tool. |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources 16
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Criteria | JORC Code explanation | Commentary | ||
|---|---|---|---|---|
| Drill sample | • | Method of recording and assessing core and chip sample | • | Core recovery was based on depths assigned by the |
| recovery | recoveries and results assessed. | drillers and measurement of core for that interval by Infini’s | ||
| • | Measures taken to maximise sample recovery and ensure | contractors and recorded in a spreadsheet. | ||
| representative nature of the samples. | • | Recovery was generally better than 95%, so no special | ||
| • | Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to |
measures were required. In areas with lower recovery, core loss was assigned to the intervals with broken and faulted |
||
| preferential loss/gain of fine/coarse material. | core. | |||
| • | No relationship between sample recovery and grade was | |||
| established. | ||||
| Logging | • | Whether core and chip samples have been geologically and | • | Core was visually logged, which is qualitative in nature. |
| • | geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. Whether logging is qualitative or quantitative in nature. |
• • |
All core was photographed and the imagery imported into an online database (Imago) Each hole was logged in its entirety |
|
| Core (or costean, channel, etc) photography. | ||||
| • | The total length and percentage of the relevant | |||
| intersections logged. | ||||
| Sub-sampling | • | If core, whether cut or sawn and whether quarter, half or all | • | Core samples were cut in half with a core splitter. |
| techniques and sample preparation |
• | core taken. If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. |
• • |
Each sample interval consisted of one half of the cut NQ drill core. Each sample was bagged with a numbered tag. Prep-31 was |
| • | For all sample types, the nature, quality and | completed on each sample: | ||
| appropriateness of the sample preparation technique. | 1. | PUL-QC Pulverizing QC Test | ||
| • | Quality control procedures adopted for all sub-sampling | 2. | CRU-31 Fine crushing – 70% <2mm | |
| stages to maximise representivity of samples. | 3. | SPL-21 Split sample – riffle splitter | ||
| • • |
Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. Whether sample sizes are appropriate to the grain size of the material being sampled. |
4. • • |
PUL-31 Pulverize up to 250g 85% <75 µm Analysis was completed using ME-MS61L, with selective PbIS for Pb isotopes. Select samples were also tested for gold mineralization using Au-AA23. |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
17
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Criteria | JORC Code explanation | Commentary | ||
|---|---|---|---|---|
| • | Flourine analysis was also completed using F-IC881. | |||
| • | ALS Global laboratories performed the analytical work. | |||
| Quality of | • | The nature, quality and appropriateness of the assaying | • | At the start of each day the pXRF was calibration checked |
| assay data | and laboratory procedures used and whether the technique | and both a silica blank (blank) and uranium certified | ||
| and laboratory | is considered partial or total. | reference material analysed (CRM). Blanks and CRMs | ||
| tests | • | For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in determining the |
were inserted every 30 samples, and a calibration check was completed. |
|
| analysis including instrument make and model, reading | • | Blanks and certified reference materials were inserted | ||
| times, calibrations factors applied and their derivation, etc. | every 30 samples, respectively. QAQC samples were | |||
| • | Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) |
reviewed for contamination or failure, defined as 3x SDV of the reference material with was ISO certified. |
||
| and whether acceptable levels of accuracy (i.e. lack of bias) | • | Samples of core from the drilling program were submitted | ||
| and precision have been established. | to ALS Global for trace element assays, in line with ALS | |||
| Global’s QA/QC processes. | ||||
| Verification of | • | The verification of significant intersections by either | • | Verification of encountered intersections was conducted by |
| sampling and | independent or alternative company personnel. | Infini Resources’ Exploration Manager. | ||
| assaying | • | The use of twinned holes. | • | Data collected was completed using a logging program MX |
| • • |
Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. Discuss any adjustment to assay data. |
• | Deposit. Logs were uploaded each evening and stored on a cloud server. Internal data checks and quality control were built into the logging software to ensure no gaps or incorrect coding was used. pXRF measurements were taken to indicate any uranium |
|
| mineralisation from a spot sample as an indicator only with | ||||
| core assays confirming the true amount of any uranium | ||||
| mineralisation. | ||||
| Location of | • | Accuracy and quality of surveys used to locate drill holes | • | All drillhole and sample co-ordinates relate to NAD83 UTM |
| data points | (collar and down-hole surveys), trenches, mine workings | Zone 21N. | ||
| and other locations used in Mineral Resource estimation. | • | Collar and soil sample locations were surveyed using | ||
| • | Specification of the grid system used. | handheld GPS. | ||
| • | Quality and adequacy of topographic control. | • | LIDAR data flown by Infini was used to establish collar RL |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
18
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Criteria | JORC Code explanation | Commentary | ||
|---|---|---|---|---|
| Data spacing | • | Data spacing for reporting of Exploration Results. | • | Soil sample spacing was considered appropriate at this |
| and distribution |
• | Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity |
• | stage of exploration Drillhole collar spacing was designed to intersect the |
| appropriate for the Mineral Resource and Ore Reserve | source of anomalous uranium in soil and not determine a | |||
| estimation procedure(s) and classifications applied. | resource estimate. | |||
| • | Whether sample compositing has been applied. | • | Not applicable as no Mineral Resource and Ore Reserves | |
| are reported. | ||||
| • | No sample compositing has been applied. | |||
| Orientation of | • | Whether the orientation of sampling achieves unbiased | • | Drilling was oriented perpendicular to the interpreted |
| data in relation | sampling of possible structures and the extent to which this | geological structures inferred from UAV magnetics. | ||
| to geological structure |
• | is known, considering the deposit type. If the relationship between the drilling orientation and the |
• | Relationship between drilling orientation and mineralised structures is currently unknown. |
| orientation of key mineralised structures is considered to | ||||
| have introduced a sampling bias, this should be assessed | ||||
| and reported if material. | ||||
| Sample | • | The measures taken to ensure sample security. | • | NQ drill core was transported by helicopter from the drill site |
| security | to the core logging facility. All drill core was logged, | |||
| photographed and the altered intervals were tagged for | ||||
| sampling. The core was then split. Groups of samples were | ||||
| sealed in large bags with lab security tags attached to | ||||
| maintain a chain of custody. Samples were stored in a locked | ||||
| facility and shipped using a bonded courier. All sample | ||||
| preparation and analysis was performed by ALS |
||||
| Laboratories in Vancouver, BC. | ||||
| Audits or | • | The results of any audits or reviews of sampling techniques | • | None carried out to date. |
| reviews | and data. |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
19
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | JORC Code explanation | Commentary | ||
|---|---|---|---|---|
| Mineral | • | Type, reference name/number, location and ownership | • | The Falls Lake prospect is located on 036683M and |
| tenement and | including agreements or material issues with third parties | 036684M. | ||
| land tenure status |
such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. |
• | The Portland Creek uranium project comprises thirteen mineral claims (036683M, 036684M, 036685M, 037492M, 037490M, 037496M, 037495M, 039752M, 039753M, |
|
| • | The security of the tenure held at the time of reporting along | 039754M, 039755M, 036831M and 036832M). The | ||
| with any known impediments to obtaining a licence to | company first staked the project in 2023/24 before | |||
| operate in the area. | expanding the footprint in October 2025 and December | |||
| 2025 (100% ownership). A 2% Net Smelter Return (NSR) | ||||
| Royalty is applicable on tenements 036831M and | ||||
| 036832M. The company is not aware of any other royalties | ||||
| existing on the claims or impediments to obtaining a | ||||
| license to operate in the area. The claims are currently live | ||||
| and in good standing. | ||||
| Exploration | • | Acknowledgment and appraisal of exploration by other | • | Exploration between 1976 and 1980 was carried out by the |
| done by other | parties. | Conwest Canadian Uranium Exploration JV. Work included | ||
| parties | radon gas (Track Etch) sampling, a ground scintillometer | |||
| survey, and VLF-EM and ground magnetic surveys. Follow- | ||||
| up drilling using a portable “Pionjar” drill capable of drilling | ||||
| to 8 m depth identified a small, high grade uranium anomaly | ||||
| (so-called “loam deposit”). Only very sparse details survive | ||||
| on this drilling program with no assay results or location | ||||
| data. Five diamond holes were drilled. Partial results have | ||||
| been found for only one of these, which reported | ||||
| unmineralised granite. |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
20
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Criteria JORC Code explanation |
Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | |
|---|---|---|---|---|---|---|---|
| • • |
Publicly available data was sourced from the Canadian Airborne Geophysical Database (CAGD) for an airborne magnetic and radiometric geophysics survey conducted over the Great Northern Peninsula (North Arm) that was flown by a fixed-wing aircraft in 1987 at a height of 250m and line spacing of 1,000m for a total of 11,892 line km. Subsequent exploration in 2007 included an airborne IMPULSE EM, magnetic and radiometric survey flown on behalf of Ucore Uranium Inc. and collection of 8 rock samples. The property was abandoned shortly after. |
||||||
| Geology • Deposit type, geological setting and style of mineralisation. |
• |
The target uranium deposit type is likely to be shear-zone hosted (albitite-type) hosted in altered granite. |
|||||
| Drill hole Information • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: • easting and northing of the drill hole collar • elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar • dip and azimuth of the hole • down hole length and interception depth • hole length. • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. |
• • • • |
Locations and results of most holes drilled by the Conwest JV are unknown. The limited historical exploration records are publicly available in the Government of Newfoundland and Labrador’s GeoScience OnLine system under the report IDs: 012I/03/0125 and NFLD/3082. All drill hole collar locations and mineralised intercepts have been reported in this report for all holes completed to date. No relevant data has been excluded from this report. Drill hole details: UTM East UTM North UTM Elevation (m) Azi- muth Dip Length (m) 470745 5559555 131 160 -45 130 470730 5559405 128 320 -45 200 470740 5559787 132 184 -45 317 |
|||||
| Hole | UTM East |
UTM North |
UTM Elevation (m) |
Azi- muth |
Dip | Length (m) |
|
| PCDD 25-007 |
470745 | 5559555 | 131 | 160 | -45 | 130 | |
| PCDD 25-008 |
470730 | 5559405 | 128 | 320 | -45 | 200 | |
| PCDD 25- 009A |
470740 | 5559787 | 132 | 184 | -45 | 317 |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
21
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Criteria JORC Code explanation |
Commentary | Commentary | Commentary | |||||
|---|---|---|---|---|---|---|---|---|
| PCDD 25-010 |
470291 | 5557916 | 123 | 170 | -45 | 263 | ||
| PCDD 25- 011A |
470291 | 5557915 | 123 | 170 | -65 | 161 | ||
| PCDD 25-012 |
470461 | 5557972 | 123 | 170 | -45 | 350 | ||
| PCDD 25-013 |
470635 | 5558966 | 128 | 340 | -45 | 221 | ||
| PCDD 25-014 |
470462 | 5558025 | 131 | 170 | -45 | 446 | ||
| PCDD 25-015 |
470488 | 5556666 | 118 | 170 | -45 | 332 | ||
| PCDD 25-016 |
470515 | 5558036 | 133 | 170 | -45 | 425 | ||
| PCDD 25-017 |
4706700 | 5557873 | 135 | 327 | -45 | 491 | ||
| PCDD 25-018 |
470718 | 5558182 | 131 | 3 | -45 | 251 | ||
| PCDD 25-019 |
470808 | 5558973 | 127 | 106 | -60 | 323 | ||
| PCDD 25-020 |
470701 | 5559211 | 133 | 35 | -55 | 314 | ||
| PCDD 25-021 |
470727 | 5559029 | 125 | 120 | -60 | 380 | ||
| PCDD 25-022 |
470888 | 5557033 | 118 | 180 | -45 | 320 | ||
| PCDD 25-023 |
470898 | 5557131 | 123 | 350 | -50 | 386 |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
22
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Criteria | JORC Code explanation | Commentary | ||
|---|---|---|---|---|
| Data | • | In reporting Exploration Results, weighting averaging | • | No aggregation methods have been used as assay data |
| aggregation | techniques, maximum and/or minimum grade truncations | not yet received. | ||
| methods | (eg cutting of high grades) and cut-off grades are usually | |||
| Material and should be stated. | ||||
| • | Where aggregate intercepts incorporate short lengths of | |||
| high grade results and longer lengths of low grade results, | ||||
| the procedure used for such aggregation should be stated | ||||
| and some typical examples of such aggregations should be | ||||
| shown in detail. | ||||
| • | The assumptions used for any reporting of metal equivalent | |||
| values should be clearly stated. | ||||
| Relationship | • | These relationships are particularly important in the | • | Only downhole lengths are reported. |
| between | reporting of Exploration Results. | • | Insufficient intersections have been made thus far to | |
| mineralisation widths and intercept lengths |
• • |
If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg |
• | establish a relationship between mineralisation widths and intercept lengths. Geometry of target mineralisation has not been verified. |
| ‘down hole length, true width not known’). | ||||
| Diagrams | • | Appropriate maps and sections (with scales) and tabulations | • | Appropriate diagrams are included in the main body of this |
| of intercepts should be included for any significant discovery | report. No significant discovery is being reported. | |||
| being reported These should include, but not be limited to a | ||||
| plan view of drill hole collar locations and appropriate | ||||
| sectional views. | ||||
| Balanced | • | Where comprehensive reporting of all Exploration Results is | • | Reporting of all geochemical results is considered balanced |
| reporting | not practicable, representative reporting of both low and | with results of both low and high analytes reported. | ||
| high grades and/or widths should be practiced to avoid | ||||
| misleading reporting of Exploration Results. |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
23
Assays Confirm Structurally Controlled Uranium System at Portland Creek
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| Criteria | JORC Code explanation | Commentary | ||
|---|---|---|---|---|
| Other | • | Other exploration data, if meaningful and material, should | • | No meaningful and material exploration data has been |
| substantive | be reported including (but not limited to): geological | excluded from this report. | ||
| exploration | observations; geophysical survey results; geochemical | |||
| data | survey results; bulk samples – size and method of | |||
| treatment; metallurgical test results; bulk density, | ||||
| groundwater, geotechnical and rock characteristics; | ||||
| potential deleterious or contaminating substances. | ||||
| Further work | • | The nature and scale of planned further work (e.g. tests for | • | Drilling will continue testing the 12 exploration targets, with |
| lateral extensions or depth extensions or large-scale step- | future holes aimed at identifying presence of uranium | |||
| out drilling). | mineralisation within the exploration targets. | |||
| • | Diagrams clearly highlighting the areas of possible | • | Planned hole locations have been provided in the ASX | |
| extensions, including the main geological interpretations and | announcement dated 28thJuly 2025. | |||
| future drilling areas, provided this information is not | ||||
| commercially sensitive. |
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
24