INFINI RESOURCES LIMITED — Investor Presentation 2024

Oct 20, 2024

ASX Announcement Released 21 October 2024

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121 Mining Investment Conference – Portland Creek Presentation

Infini Resources Ltd (ASX: I88 , “Infini” or the “Company”) advises its participation at the 121 Mining Investment Conference being held in New York this week.

Managing Director, Mr Charles Armstrong, and Executive Director, Dr David Pevcic, are attending this week’s 121 Mining Investment Conference in New York to discuss and present the Company, in particular its Portland Creek Uranium Project, with the American investment community.

A copy of Infini’s presentation at the 121 Mining Investment Conference is attached following.

[END]

Release authorised by the Board of Infini Resources Ltd.

Contacts

Charles Armstrong Managing Director and CEO P: +61 (08) 9465 1051

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.

JOR 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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Infini Resources Limited

www.infiniresources.com.au

ABN 77 656 098 583

InfiniResources

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121 Mining Investment Conference – Portland Creek Presentation

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Compliance Statement

This report contains information on the Company’s Projects extracted from the Company’s Prospectus dated 30 November 2023 and released to the ASX market announcements platform on 10 January 2024, and announcements dated 29 January 2024, 19 February 2024, 3 May 2024, 28 May 2024, 1 July 2024, 10 July 2024, 22 July 2024, and 25 September 2024 and 14 October 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 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.

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

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Portland Creek

• Uranium Explorer with a dominant land position in the Humber Tectonic Zone NL, Canada

Charles Armstrong Managing Director October 2024

121 Mining Investment New York

• Early exploration success with a peak result of ~7.5% U3O8 soil anomaly at the Talus prospect

• defined over 800m x 100m

• High grade soil geochemistry , open to the east and west

• Proposed value creation by drilling of geochemical and ~~structural targets to make a new discovery~~

ASX I88 ABN 77 656 098 583.

Disclaimer

These presentation materials and any accompanying verbal presentation (together, the Presentation Materials ) have been prepared by Infini Resources Limited ( Company, I88, Infini Resources ) as at 18 October 2024 and statements are current only as at that date. Information in the Presentation Materials remains subject to change without notice. The Company has no responsibility or obligation to inform you of any matter arising or coming to its notice, after the date of this document, which may affect any matter referred to in this document. By receiving the Presentation Materials, you acknowledge and represent to the Company that you have read, understood and accepted the terms of this disclaimer. It is the responsibility of all recipients of these Presentation Materials to obtain all necessary approvals to receive these Presentation Materials and receipt of the Presentation Materials will be taken by the Company to constitute a representation and warranty that all relevant approvals have been obtained.

NOT AN OFFER

These Presentation Materials are for information purposes only. The Presentation Materials do not comprise a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission) or any other law. The Presentation Materials also do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities nor shall they or any part of them form the basis of or be relied upon in connection therewith or act as any inducement to enter into any contract or commitment with respect to securities. In particular, these Presentation Materials do not constitute an offer to sell or a solicitation to buy, securities in the United States of America.

NOT INVESTMENT ADVICE

The Presentation Materials are not investment or financial product advice (nor tax, accounting or legal advice) and are not intended to be used for the basis of making an investment decision. Recipients should obtain their own advice before making any investment decision.

SUMMARY INFORMATION

The Presentation Materials do not purport to be all inclusive or to contain all information about the Company or any of the assets, current or future, of the Company. The Presentation Materials contain summary information about the Company and its activities which is current as at the date of the Presentation Materials. The information in the Presentation Materials is of a general nature and does not purport to contain all the information which a prospective investor may require in evaluating a possible investment in the Company or that would be required in a prospectus or product disclosure statement or other offering document prepared in accordance with the requirements of Australian law or the laws of any other jurisdiction, including the United States of America.

While reasonable care has been taken in relation to the preparation of the Presentation Materials, none of the Company or its directors, officers, employees, contractors, agents, or advisers nor any other person ( Limited Party ) guarantees or makes any representations or warranties, express or implied, as to or takes responsibility for, the accuracy, reliability, completeness or fairness of the information, opinions, forecasts, reports, estimates and conclusions contained in this document. No Limited Party represents or warrants that this document is complete or that it contains all information about the Company that a prospective investor or purchaser may require in evaluating a possible investment in the Company or acquisition of shares in the Company. To the maximum extent permitted by law, each Limited Party expressly disclaims any and all liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of or reliance on information contained in this document including representations or warranties or in relation to the accuracy or completeness of the information, statements, opinions, forecasts, reports or other matters, express or implied, contained in, arising out of or derived from, or for omissions from, this document including, without limitation, any financial information, any estimates or projections and any other financial information derived therefrom.

FORWARD LOOKING STATEMENTS

Certain statements contained in the Presentation Materials, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Forward looking statements are provided as a general guide only, and should not be relied on as an indication or guarantee of future performance. Given these uncertainties, recipients are cautioned to not place undue reliance on any forward looking statement. Subject to any continuing obligations under applicable law the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements in this document to reflect any change in expectations in relation to any forward looking statements or any change in events, conditions or circumstances on which any such statement is based.

COMPLIANCE STATEMENT

The exploration results for the Company’s Portland Creek Project referred to in this document were extracted from ASX market announcements dated 10 January 2024, 29 January 2024, 19 February 2024, 3 May 2024, 28 May 2024, 1 July 2024, 10 July 2024, 22 July 2024, 25 September 2024 and 14 October 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 original market announces are available to view on www.infiniresources.com.au and www.asx.com.au. Infini Resources is not aware of any new information or data that materially affects the information included in the original market announcement. The mineral resource estimate for the Des Herbiers referred to in this announcement was first reported in in the Company's prospectus dated 30 November 2023, which was announced on the ASX market announcements platform on 10 January 2024. Infini Resources is not aware of any new information or data that materially affects the information included in the Prospectus and all material assumptions and technical parameters underpinning the estimates in the Prospectus continue to apply and have not materially changed.

JORC CODE

It is a requirement of the ASX Listing Rules that the reporting of exploration results, ore reserves and mineral resources in Australia comply with the Joint Ore Reserves Committee’s Australasian Code for Reporting of Mineral Resources and Ore Reserves ("JORC Code"). Investors outside Australia should note that while reporting in this document complies with the JORC Code, they may not comply with the relevant guidelines in other countries. Information contained in this document describing mineral deposits may not be comparable to similar information made public by companies subject to the reporting and disclosure requirements of Canadian or US securities laws.

ACCEPTANCE

By attending a presentation or briefing, or accepting, accessing or reviewing this document you acknowledge, accept and agree to the matters set out above.

AUTHORISATION

This document has been authorised for release by the Company’s Board of Directors.

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October 2024

Infini Resources

Company Snapshot

Company Snapshot	Company Snapshot
Capital Structure Share Price1 $0.50
OrdinaryShares2	65.22 M
Performance Rights & Options	9.21 M
Cash at 30 June ’24 ($3.4M capital raise completed in Aug ‘24)	$2.02 M
Market Capitalisation1	$32.6 M

Shareholder Breakdown

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10.6%
35.5%
54.0%
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Board & Mgt
Top 20 (excl Board)
Other
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Member

Description

Mr. Armstrong is a professional geologist with over 9 years’ experience across a range of commodities including Lithium, Nickel, Gold, Iron Ore, Mineral Sands, Uranium and Zinc. He has held Exploration Geologist roles across numerous publicly listed Australian companies including BHP Billiton and Northern Star Resources. Mr. Armstrong led the exploration programs for Firefly Resources before the company was taken over by ASX: SPR and led the discovery of the Yidby West gold deposits for ASX: SRN.

Charles Armstrong Managing Director/CEO Robert Martin Non-Executive Chairman

Mr Martin is a successful businessman and accomplished company director with over 25 years’ experience across a broad range of sectors including mining and mining services, manufacturing and capital markets. Mr Martin has a profound insight into corporate strategy, capital operation, management integration and business structures and efficiencies. Recently Mr Martin owned and operated a large and highly successful mining services business with offices in multiple jurisdictions globally.

Dr David Pevcic is an experienced corporate professional and investor, with a principal focus on the resources and technology sectors. Dr Pevcic is the founder of Infini Resources Limited, Non-Executive Chairman of Nanoveu Limited (ASX:NVU), Non-Executive Director of Battery Age Minerals Limited (ASX:BM8), and director of several privately owned mineral exploration ventures in Canada, Brazil and Australia. Dr Pevcic holds a Bachelor of Science, Bachelor of Medicine and Bachelor of Surgery from the University of Western Australia.

David Pevcic

Executive Director

Dr Wilde is a geologist with over 35 years industry experience, including over 10 years’ as chief geologist for uranium mining and exploration companies Paladin Energy Ltd (ASX: PDN) and Deep Yellow Ltd (ASX: DYL). In these roles he was responsible for leading technical aspects of uranium exploration and project assessment in Namibia, Malawi, Canada and Australia among others, and played an important role in the discovery of Deep Yellow’s Barking Gecko and Iguana uranium deposits in Namibia. More recently he provided the technical basis for the ASX listing of 92 Energy Ltd (ASX: 92E) and was pivotal in the discovery of that company’s GMZ uranium deposit in Saskatchewan, Canada.

Andy Wilde

Non-Executive Director

Mr. Spindler is an experienced corporate professional with a broad range of corporate governance and capital markets experience, having held various company secretary positions and been involved with several public company listings, merger and acquisition transactions and capital raisings for ASX-listed companies across a diverse range of industries over the past 23 years. Harry is a member of the institute of Chartered Accountants Australia and New Zealand and a member of the Financial Services Institute of Australia.

Harry Spindler

Company Secretary

Mr Hughes is a Certified Practising Accountant (CPA) with over 12 years’ experience in the construction and resources sector. Mr Hughes previously held senior financial roles at ASX-50 lithium producer Pilbara Minerals Limited (ASX: PLS), including Principal of Corporate Planning and Investment Analysis, Principal of Finance, Planning & Analysis and Senior Commercial Analyst. Paul also previously held senior positions at Orica and Downer.

Paul Hughes Chief Financial Officer

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Discovery potential at the Portland Creek Uranium Project

1. At 18 October 2024. 2. Includes 23.08M shares subject to escrow (2.05M 22 Dec ‘24; 21.03M 15 Jan ‘26)

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Infini Resources

Uranium Focused Energy Metals Explorer

Investor Proposition

• A quality exploration portfolio consisting of 8 Uranium and Lithium projects

• High-grade uranium system discovery potential at Portland Creek, following stunning uranium soil anomalism (~7.5% U3O8) yet to be methodically drill tested

• Talus in the Humber Tectonic Zone has a Prospect, NL, Canada,

• uranium soil anomaly measuring 800m x 100m set within a massive ~3.2km radiometric structural corridor

Portland Creek (U)

• Outstanding Uranium tailwinds and market dynamics (recent 16 year high of ~ USD $106.50/lb[1] )

Catalysts And Upcoming Events

• Multiple undiscovered uranium deposits? Diamond drilling planned for Talus Prospect.

• Expanded UAV magnetic survey to illustrate potential anomalism over sediment-granite contact

• Well-funded to conduct maiden diamond drill program at Portland Creek, targeting high-grade Uranium discovery at the Talus prospect

• Strong long-term uranium price outlook linked to a global supply deficit

1 Kitco uranium spot price in USD/lb. Data sourced on 11 March 2024.

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Infini Resources

Discovery Potential

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Talus Prospect – Stunning Assays Grading ~7.5% U3O8

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World Class Soil Sampling Results

• Exceptionally high-grade uranium soil assays

• ~800m x 100m north-south anomalism coincidental

• with three converging faults and a shear zone

• • Open to the east and west

• 7 out of 17 soil samples re-assayed returned >3% U3O8

IRA0022: 74,997 ppm U3O8 IRA0024: 39,621 ppm U3O8 IRA0023: 53,182 ppm U3O8 IRA0031: 33,961 ppm U3O8 IRA0011: 43,512 ppm U3O8 IRA0027: 30,777 ppm U3O8 IRA0004: 39,975 ppm U3O8 IRA0012: 27,947 ppm U3O8

• Peak result of 74,997 ppm U3O8 is 14,999 times the background of ~5 ppm U3O8

Undiscovered high-grade uranium deposit sitting next to the anomaly?

Refer ASX announcement 10 July 2024 & 14 October 2024

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October 2024

Infini Resources

Talus Prospect – Large Structural Corridor with Significant Anomalism

Diamond drilling is planned to target soil geochemistry and shear zone structures! UAV expanded magnetic survey will advance new geochemical targets in the south.

• Massive ~3.2km radiometric anomaly set within highly favourable of a thrust over

• geology consisting de-magnetized post-tectonic granite the top of a carbonate sedimentary sequence

• High-priority Talus Prospect (T1) proven to be uranium bearing with the source of primary bedrock mineralisation yet to be determined

• Surface geochemical surveys and UAV magnetics have been highly effective in identifying the potential source areas of these highly anomalous uranium results

• Numerous large historical radon gas anomaly contours indicate the potential for multiple areas of undercover uranium mineralisation

Refer ASX announcement 14 October 2024

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October 2024

Infini Resources

Glaciology Expert Confirms Proximal Source For Uranium In Soils

Analysis of surficial geology by globally recognised glaciologist Dr. Martin Ross shows that previously reported high-grade uranium in soil is likely to be derived locally and not glacially transported

• An important step that has de-risked the exploration model prior to undertaking diamond drilling

• High grade anomaly sits within mapped colluvium and sits above the 120m average sea level marine limit

• Evidence suggests the likelihood of a soil anomaly being caused by substantial glacial transport far from its source is considered very low

• Additional insights into geochemical pathfinders with domaining of geomorphology

• Data to be utilised for drill target planning and prioritisation

Refer ASX announcement 25 September 2024

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Infini Resources

Portland Creek – Regional Exploration Upside

Dominant Land Position - Total of 7 granted mining claims (149 km[2] )

• Talus Prospect Origin: Extremely large U/Th radiometric anomalies with coincident lake sediment geochemistry and mineralised rock samples

• SID 171315: 1,020 ppm U3O8

• SID 176865: 986 ppm U3O8

• Potential for uranium mineralisation to exist outside of the Talus Prospect with 4 additional areas of interest

• Highly underexplored with minimal historical work completed

Refer ASX announcement 19 February, 10 July & 14 October 2024

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October 2024

Infini Resources

Potential For A Major Greenfields Discovery

Multiple Geological Indicators

• Unexplained Origin for Highly Anomalous Stream Sediments and Historical Radon Gas Anomalies

Massive 3.2km Radiometric Anomaly

• Primary Fault System coincident with high grade grab sample: 2,180 ppm U3O8

• Secondary Structures coincident with stunning geochemistry in soils: 74,997 ppm U3O8

uranium

= Large Exploration Corridor Major Fault System Underlying Soil, Rock & Radiometric Anomalism

Infini is preparing to complete maiden diamond drilling at Portland Creek

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October 2024

Infini Resources

Newfoundland: A Tier One Underexplored Mining Jurisdiction

• Portland Creek Uranium Project is located in the pro-mining province of Newfoundland, Canada

• Uranium registered on the Newfoundland Government’s Critical Minerals List

• Government exploration incentives available for Uranium companies, with Infini Resources receiving a 2024 Junior Exploration Assistance (JEA) grant

• Active Uranium Explorers In Labrador and Newfoundland including Paladin’s (ASX:PDN) High-Grade Michelin U Project

• Portland Creek is a historical mining region with the Daniel’s Harbour Mine located only ~15km to the north having been in operation from 1975-1990[1]

1 Source: Ubique Minerals, 2024. Daniels Harbour Project https://www.ubiqueminerals.com/properties/daniels-harbour/

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Modified from: A.Kerr and G.W. Sparkes, 2009
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Infini Resources

Portland Creek: A Quickly Evolving Exploration Story

• The Portland Creek Uranium Project is 100% owned and royalty free[1]

• Favorable geological setting comprising a de-magnetized post-tectonic granite thrust over the top of a carbonate sedimentary sequence

• Excellent access to local labour, site accommodation and services

• Sporadic and unfocused historical exploration due to location, climate, poor uranium pricing and inability to test new exploration models = I88 opportunity

• I88 exploration has been fast-tracked and total costs reduced significantly by utilizing pre-existing historical radiometric surveys, radon gas track etch data, boulder rock and grab samples, government stream sediments and historical report archives.

1 Excludes any government statuary royalties.

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Infini Resources October 2024

Catalysts and Upcoming Events

• Multiple undiscovered uranium deposits? Diamond drilling is planned for the Talus Prospect...

• Expanded UAV magnetic survey to define structure and lithology in the South and West

• Well-funded to conduct maiden diamond drill program at Portland Creek, targeting a high-grade Uranium discovery in a Tier-one Uranium mining jurisdiction

• Strong long-term uranium price outlook linked to a major global supply deficit

October 2024

Infini Resources

The Energy Solution & Positive Mineral Market Outlook

Uranium is Extremely Energy Dense

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Generating One Gigawatt of Nuclear Energy is equivalent to...

Cumulative Supply Gap

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Breakout Uranium Prices

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1 431 3.1 Million
Nuclear Reactor Wind Turbines PV Solar Panels
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World Nuclear Association, Nuclear Fuel Report 2023-2040.
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October 2024

Infini Resources

Contact

Charles Armstrong Managing Director/CEO +61 8 9465 1051 info@infiniresources.com.au

Company Website www.infiniresources.com.au

LinkedIn Page

www.linkedin.com/company/infini-resources-ltd/

Twitter Page

www.twitter.com/InfiniResources

Follow Our News

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Registered Principal Office

Level 50,

108 St Georges Terrace Perth, WA 6000

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October 2024

Infini Resources