Geotechnical site characterisation relies on sparse, heterogeneous borehole data where uncertainty quantification and model interpretability are as critical as predictive accuracy for reliable engineering decisions. This paper presents an exploratory investigation into the use of TabPFN, a transformer-based tabular foundation model using in-context learning, and its extension library tabpfn-extensions for two geotechnical inference tasks: (1) soil-type classification using N-value and shear-wave velocity data from a synthetic geotechnical dataset, and (2) iterative imputation of five missing mechanical parameters ($s_\mathrm{u}$, $E_{\mathrm{u}}$, ${σ'}_\mathrm{p}$, $C_\mathrm{c}$, $C_\mathrm{v}$) in benchmark problem BM/AirportSoilProperties/2/2025. We apply cosine-similarity analysis to TabPFN-derived embeddings, visualise full posterior distributions from an iterative inference procedure, and compute SHAP-based feature importance, all without model retraining. Learned embeddings clearly separate Clay and Sand samples without explicit soil-type supervision; iterative imputation improves predictions for four of five target parameters, with posterior widths that reflect physically reasonable parameter-specific uncertainty; and SHAP analysis reveals the inter-parameter dependency structure, recovering established geotechnical relationships including the Skempton compression index correlation and the inverse dependence of preconsolidation pressure on water content. These results suggest the potential of foundation-model-based tools to support interpretable, uncertainty-aware parameter inference in data-scarce geotechnical practice.

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