Cauldron Energy Limited (AU:CXU) has released an update.
Cauldron Energy Limited reports promising results from its recent drilling program at the Bennet Well Uranium Deposit, with significant potential for northern extension. The company’s 2024 drilling program aims to expand and upgrade the existing resource estimate and explore new targets within the Yanrey Uranium Project. Positive assay results and large-scale untested areas indicate a bright future for uranium production in Western Australia amid a global market facing supply shortages.
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