Cauldron Energy Limited (ASX: CXU) has announced a revised JORC 2012-compliant Exploration Target for its wholly owned Yanrey Uranium Project in Western Australia, reflecting the results of recent drilling and geophysical work completed across the project. The updated Exploration Target ranges from 89.7 million lbs to 269.0 million lbs eU₃O₈ and covers 30 discrete prospective areas across the western portion of the Company's tenement package. The estimate incorporates information gathered from the 2024 and 2025 drilling campaigns together with passive seismic surveys completed during 2024, 2025 and 2026. It also includes the recently acquired tenements surrounding Paladin Energy's Manyingee Uranium Deposit while excluding Cauldron's existing Mineral Resource inventory of approximately 55 million lbs eU₃O₈. The Company noted that several targets within the revised Exploration Target are scheduled for drill testing as part of the current drilling programme, with further work expected to refine the geological model and enhance understanding of the broader Yanrey Uranium Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Revised Yanrey Exploration Target Highlights Significant Uranium Upside
Cauldron Energy Limited (ASX: CXU) has announced a revised JORC 2012-compliant Exploration Target for its wholly owned Yanrey Uranium Project in Western Australia, reflecting the results of recent drilling and geophysical work completed across the project. The updated Exploration Target ranges from 89.7 million lbs to 269.0 million lbs eU₃O₈ and covers 30 discrete prospective areas across the western portion of the Company's tenement package. The estimate incorporates information gathered from the 2024 and 2025 drilling campaigns together with passive seismic surveys completed during 2024, 2025 and 2026. It also includes the recently acquired tenements surrounding Paladin Energy's Manyingee Uranium Deposit while excluding Cauldron's existing Mineral Resource inventory of approximately 55 million lbs eU₃O₈. The Company noted that several targets within the revised Exploration Target are scheduled for drill testing as part of the current drilling programme, with further work expected to refine the geological model and enhance understanding of the broader Yanrey Uranium Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au