New Discovery of Thick High-Grade Uranium at Manyingee North
| Stock | Cauldron Energy Ltd (CXU.ASX) |
|---|---|
| Release Time | 25 Nov 2025, 11:47 a.m. |
| Price Sensitive | Yes |
New Discovery of Thick High-Grade Uranium at Manyingee North
- Drilling at Manyingee North has intersected broad zones of uranium mineralisation in all 5 holes to date
- Mineralisation extends downwards from depths of 90 m towards bedrock, extending for over 600m in width and further southwards
- Multiple zones of mineralisation exceeding a 150ppm cutoff have been intersected across all holes
Cauldron Energy Limited (ASX: CXU) has announced a new discovery of thick, high-grade uranium mineralisation at its Manyingee North prospect, located approximately 2.5 kilometers northeast of Paladin's (ASX: PDN) Manyingee Deposit. The first 5 air-core drill-holes (25YRAC034-038) completed at Manyingee North have intersected broad zones of uranium mineralisation in all holes to date. The mineralisation extends downwards from depths of 90 m towards bedrock, extending for over 600m in width across the full width of the first line of drillholes and further southwards for a further 250m to the second line of holes. Mineralisation remains open in all directions. Multiple zones of mineralisation exceeding a 150ppm cutoff have been intersected across all holes, with the most significant results including 2.72 m @ 887.2 ppm eU3O8, 2.20 m @ 471.4 ppm eU3O8, and 3.00 m @ 320.0 ppm eU3O8. The mineralisation is hosted within a largely unexplored northeast trending extension to the northwest trending Manyingee Palaeochannel. Cauldron's CEO and Exploration Manager have both expressed excitement about this new discovery, which further demonstrates the abundance of uranium in the Yanrey province and the global significance of Cauldron's Yanrey Uranium Project.