• Passive seismic surveying helps define high-priority drill targets at Yanrey Uranium Project
• Manyingee South deposit mineralisation associated with cross-cutting structure in palaeochannel
• Manyingee Palaeochannel continues northwards and eastwards onto Cauldron's tenements

Cauldron Energy has received the preliminary results from passive seismic surveying undertaken last month over tenements in the vicinity of its Manyingee South Uranium Deposit. The survey has helped to better define several high priority targets for immediate drill testing. The passive seismic surveying was conducted over five separate areas considered to be highly prospective, including the area immediately upstream (south-east) of the Manyingee South Deposit. The preliminary survey results over the Manyingee South deposit correlate well with 2024 drilling interpretations and indicate that the high-grade mineralisation is associated with a cross-cutting structure in the palaeochannel base that has prevented the roll-front migrating northwards, with the area to the south of this structure now a drilling target for high grade mineralisation. Surveying at Manyingee North indicated that the Manyingee Palaeochannel continues northwards onto Cauldron's ground where historical mineralisation has not been closed out, representing a high priority drill target. Surveying at Koodarie confirms that the Manyingee palaeochannel continues eastwards across the Ashburton River onto Cauldron's tenements where the channel is deeply incised and very well-developed, with little historical exploration making it a high priority target. The survey results also suggest that the Manyingee Palaeochannel bifurcates with a previously undiscovered palaeochannel extending northwards on Cauldron's tenement, which is considered highly prospective. Cauldron is now undertaking final preparations on site including a heritage survey, to be followed by drilling in November.

Cauldron is now full steam ahead with its site preparations, and it anticipates completion of its planned drill programme prior to the end of the calendar year. The company is pleased with the current parliamentary inquiry being undertaken by the WA Government, and looks forward to fulsome participation in that inquiry.