Cauldron Energy Limited (AU:CXU) has released an update.
Cauldron Energy Limited reports promising results from the initial drilling phase at Bennet Well, part of the Yanrey Uranium Project, confirming and potentially expanding the known uranium mineralization. The results align with the historical data, strengthening the resource confidence and paving the way for further exploration to increase the Mineral Resource Estimate. Amidst challenging market sentiments, the company remains optimistic due to the rising importance of nuclear energy in global decarbonization efforts.
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