Cauldron Energy Expands Yanrey Uranium Project with New Tenement Acquisitions

An update from Cauldron Energy Limited ( (AU:CXU) ) is now available.

Cauldron Energy Limited has expanded its footprint at the Yanrey Uranium Project by acquiring six tenements, following a successful court case settlement with Wyloo. This acquisition, which includes tenements adjacent to existing deposits, enhances Cauldron’s exploration potential in a highly prospective uranium province. The settlement allows the company to focus on its exploration activities, with the potential to identify additional uranium resources, as much of the project area remains underexplored.

More about Cauldron Energy Limited

Cauldron Energy Limited is a company operating in the uranium exploration industry, focusing on the development of its Yanrey Uranium Project in Western Australia. The project covers a significant area known for its uranium-rich mineral deposits, including the Bennet Well and Manyingee South Uranium Deposits. The company aims to expand its footprint in this prospective region, which hosts multiple palaeochannel systems and significant uranium resources.

YTD Price Performance: 10.0%

Average Trading Volume: 10,000

Technical Sentiment Signal: Buy

Current Market Cap: $8.79M

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