• Uranium mineralisation intersected at the Cosgrove prospect, marking the second new discovery at Yanrey this year
• Cosgrove is Cauldron's third 'hole-in-one' discovery, with each new prospect identified on the first drillhole
• Drilling at Manyingee South has extended the mineralisation further to the south, southeast and southwest

Cauldron Energy Limited (ASX: CXU) has announced a new uranium discovery at the Cosgrove prospect within its Yanrey Uranium Project, as well as further extensions to the mineralisation at the Manyingee South deposit. The Cosgrove prospect is located between the Bennet Well and Manyingee South deposits and was identified from airborne EM imagery as a potential north-trending palaeochannel delta system. Drilling at Cosgrove has intersected uranium mineralisation at multiple levels within the Nanutarra Formation and overlying Birdrong Sandstone, with mineralisation currently extending for 350m in width and remaining open to the north, south and east. Significantly, the Cosgrove discovery is Cauldron's third 'hole-in-one', with the first drillhole into each of Manyingee South, Manyingee North and Cosgrove intersecting significant uranium mineralisation. This highlights the prolific nature of the Yanrey Uranium Province and the effectiveness of Cauldron's exploration methodology. In addition, Cauldron has completed further drilling at the Manyingee South deposit, successfully extending the mineralisation to the south, southeast and southwest. The Manyingee South deposit now extends for 4,400m along the main palaeochannel, which is up to 1,000m wide. Cauldron will now commence work on updated Mineral Resource Estimates for Manyingee South and a maiden estimate for Manyingee North, with further drilling planned for 2026 to test additional high-priority targets.

Cauldron is planning a 2026 drill campaign to build on the success and scale of this year's new discoveries and to test a number of other high priority targets for additional new discoveries.