About
Cauldron Energy Limited (ASX: CXU) is an exploration and development company focussed on identifying and exploring for minerals critical to a cleaner planet. Cauldron has a diversified portfolio of projects in Australia and has already achieved exploration success at its Yanrey Uranium Project which hosts the Bennet Well resource with a global Uranium Resource of 38.9 Mt at 360 ppm eU308 (JORC 2012).
Media
Energy transition focus including uranium
Yanrey - Foundation uranium asset
New team and strategy driving long term value uplift
Melrose Project secured as first implementation of new strategic focus
Capitalised and well supported
Value potential from realisation of non-core assets
Yanrey Uranium Project
The Yanrey Uranium Project is a regional exploration project that comprises 1,270 km2 of exploration title that secures a large and geologically prospective uranium targets, including the Bennet Well Deposit, along with a well-developed pipeline of prospects that await further exploration work, all situated in an emerging mineral field that is yet to be fully tested.
Bennet Well Uranium Deposit
The Bennet Well Uranium Deposit forms part of the Yanrey Uranium Project and is defined by a total Uranium Resource of 38.9 Mt at 360 ppm eU308 (JORC 2012) which remains open. The deposit has a geological setting and physical characteristic that may allow low cost mining through in situ recovery methods, and is secured by one of the exploration licenses of the Yanrey Uranium Project.
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