Cauldron Energy Limited (AU:CXU) has released an update.
Cauldron Energy Limited has reported significant drilling results at its Manyingee South Uranium Deposit, extending the mineralization trend to at least 3 kilometers and demonstrating high-grade zones of uranium. The results not only confirm the presence of roll-front-type uranium mineralization but also show potential for expansion, with the system remaining open and further targets identified for drilling. The Yanrey Uranium Project, which includes Manyingee South, is strategically positioned in a mineral-rich region with multiple uranium deposits and holds a globally significant Bennet Well Uranium Deposit.
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