CXU.ASX: Revised Exploration Target for Yanrey

Revised Exploration Target for Yanrey

Stock	Cauldron Energy Ltd (CXU.ASX)
Release Time	30 Jun 2026, 9:46 a.m.
Price Sensitive	Yes

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Cauldron Energy Updates Yanrey Uranium Project Exploration Target

Key Points

Revised Exploration Target ranges from 89.7 Mlbs to 269.0 Mlbs eU3O8
Incorporates 30 discrete prospective areas
Excludes existing mineral resource inventory of ~55 Mlbs
New target areas to be drill tested in the current drilling season

Full Summary

Cauldron Energy Limited has announced a revised JORC-compliant Exploration Target for its Yanrey Uranium Project in Western Australia. The target, ranging from 89.7 million pounds to 269.0 million pounds of uranium oxide, is based on a subset of the project's exploration tenements. This update includes 30 discrete prospective areas, incorporating data from recent drilling and seismic surveys. Notably, the target excludes the existing mineral resource inventory of approximately 55 million pounds. Cauldron plans to drill test several of these new target areas in the upcoming season, aiming to quantify the potential of the Yanrey region further.

Outlook

Cauldron Energy anticipates further exploration and drilling to expand its understanding of the Yanrey region, with potential to significantly increase the project's uranium resources.