CAULDRON ENERGY LIMITED

CAULDRON ENERGY LIMITED (ASX: CXU)

Magnetic inversion modelling results from an aerial magnetic survey indicate a significant magnetic anomaly at Target 01 of the Melrose Project, matching with areas of elevated nickel and copper levels from historical shallow air-core drillings.
As a result of these promising findings, Cauldron Energy plans on carrying out an aerial EM survey over the entire project area to better define targeted areas and identify new prospects for future drilling.
The company is also moving forward with landowner discussions to secure access, with onsite meetings scheduled for early to mid-July.

2023-07-03 08:32:00

Program of Works approved by DMIRS for drilling at Yanrey Uranium Project.
Cauldron Energy focuses on alternative commodities while WA uranium policy remains challenging.
Historical records show potential for rare earth elements and copper in the south of the Yanrey Project area.

2023-05-24 09:43:00

Cauldron Energy acquires option over the Melrose Project, covering an area of ~169 km2, in the West Yilgarn Ni-Cu-PGE Province of Western Australia.
High prospectivity for nickel, copper, and platinum group elements (PGEs) due to elevated levels of nickel in the area.
Four high-priority, ready-to-drill nickel targets identified in historical drill data from previous shallow exploration drilling.

2023-05-11 10:01:00