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7 stories mentioning ASX:CXUUpdated 3d ago

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Asia

Cauldron Energy Identifies Further Uranium Mineralization at Western Australia Project, Shares Up 4%

Cauldron Energy (ASX:CXU) identified further uranium mineralization at the Manyingee North Deposit at the Yanrey uranium project in Western Australia, according to a Friday Australian bourse filing.The results were up to 0.22 meters at 162.7 parts per million equivalent uranium oxide from 85.23 meters and 1.2 meters at 332.6 parts per million equivalent uranium oxide from 86.11 meters.In addition to further step-out drilling around Manyingee North, Cauldron is set to conduct further drilling at the Manyingee South deposit, the Cosgrove prospect and its new Bennet Well (West) target as part of the drill campaign for the year, the filing added.The company's shares rose 4% in recent Friday trade.

ASX:CXU
Asia

Cauldron Energy Says Cash Reserves Fall Sequentially in June Quarter

Cauldron Energy (ASX:CXU) said it had cash reserves of around AU$3.7 million as of June 30, compared with around AU$3.9 million as of March 31, according to a Thursday Australian bourse filing.It had cash on bank of AU$3.7 million as of June 30, per the filing.

ASX:CXU
Asia

Cauldron Energy Receives Further Passive Seismic Interpretations at Yanrey Uranium Project; Shares Down 7%

Cauldron Energy (ASX:CXU) said Southern Geoscience has provided a further installment of processed passive seismic interpretations for its Yanrey Uranium Project in Western Australia, covering the Manyingee Southeast, Manyingee West, Ashburton East and Cosgrove locations, according to a Monday Australian bourse filing.The company said the most significant finding from the third installment is the delineation of a separate, previously undiscovered and untested arm of the Manyingee South palaeochannel, with passive seismic continuing to prove a cost-effective method for identifying the margins of palaeochannels and increasing drilling effectiveness.The company's shares fell almost 7% in recent Monday trade.

ASX:CXU
Asia

Cauldron Energy Says Drilling at Western Australia Uranium Deposit Extends Known Mineralization; Shares Reach 10-Year Peak

Cauldron Energy (ASX:CXU) said step-out exploration drilling at the Manyingee North deposit, part of the Yanrey uranium project in Western Australia, extended known mineralization further around 2,500 meters northwards, and around 550 meters to the south, according to a Wednesday Australian bourse filing.It encountered intercepts of 2.30 meters at 258.3 parts per million of triuranium octoxide-equivalent from 91.62 meters, as well as 1.74 meters at 644.9 parts per million of triuranium octoxide-equivalent from 91.58 meters.Air core drilling at the Cosgrove deposit also extended known mineralization, with an intercept of 0.50 meters at 301.4 parts per million of triuranium octoxide-equivalent from 61.11 meters.Cauldron Energy's shares jumped nearly 12% in recent trading on Wednesday and earlier reached a 10-year peak.

ASX:CXU
Asia

Cauldron Energy Reports Revised Exploration Target of Up to 269 Million Pounds at Western Australia Uranium Project

Cauldron Energy (ASX:CXU) reported a revised JORC 2012 compliant exploration target for its Yanrey uranium project in Western Australia, ranging from 89.7 million pounds to 269 million pounds of triuranium octoxide equivalent, according to a Tuesday Australian bourse filing.The company said the target reflects a lower grade of 294 parts per million and an upper grade of 604 parts per million, defined over a subset of exploration tenements extending from the North West Coastal Highway to the Ashburton River.The revised exploration target comprises 30 discrete prospective areas and incorporates information from the 2024 and 2025 drill programs and the 2024, 2025, and 2026 passive seismic surveys, the filing added.The revised exploration target incorporates the exploration target for tenements recently acquired surrounding Paladin's Manyingee uranium deposit, and excludes the company's existing resource inventory of about 55 million pounds of triuranium octoxide, per the filing.

ASX:CXU
Asia

Cauldron Energy's Seismic Survey on Western Australia Uranium Deposit Shows Evidence of Extension of Palaeochannel, Shares Reach 10-Year Peak

Cauldron Energy (ASX:CXU) said the results of a passive seismic survey covering the area to the north of the Manyingee North uranium deposit in Western Australia showed evidence of the extension of the Manyingee North palaeochannel northwards through the firm's recently acquired E08/2896 tenement, into its Manyingee North deposit, and further northwards for around six kilometers, according to a Thursday Australian bourse filing.Recent wet weather in the north of Western Australia delayed the start of drilling to later in June.Its shares jumped over 33% in recent trading on Thursday, reaching the highest point in over 10 years.

ASX:CXU
Asia

Cauldron Energy Secures Two Western Australian Government Grants

Cauldron Energy (ASX:CXU) secured co-funded drilling and geophysics grants amounting to AU$217,750 under the Western Australian Government's Exploration Incentive Scheme for programs to be conducted at its Yanrey project, according to a Monday filing with the Australian bourse.The company received a co-funded geophysics grant of up to AU$78,500 for follow-up passive seismic surveying at the project and a co-funded drilling grant of up to AU$89,250 for first-pass exploration drilling in the Ashburton East region, the filing said.A further AU$50,000 allowance is available under this round of the scheme, per the filing.

ASX:CXU

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