2026 Drill Program First Holes extend Mineralisation to 4kms

• Results from the first 14 drill holes at Manyingee North and Cosgrove Prospect
• Extended mineralisation to the north and south by approximately 4km
• All first 8 holes from the 2026 Drill Program returned mineralisation above cut-off grade

Cauldron Energy Limited announced high-grade uranium results from the first 14 drill holes of its 2026 drill campaign at the Manyingee North Deposit and Cosgrove Prospect. The results have extended mineralisation at Manyingee North approximately 2,500 meters to the north and 550 meters to the south, quadrupling the strike length of the deposit. All first 8 holes from the 2026 Drill Program returned mineralisation above cut-off grade. Significant results include 2.30 meters at 258.3 ppm eU3O8 from 91.62 meters in drill hole 26YRAC0013. Cauldron's CEO Jonathan Fisher highlighted the potential for significant resource extension at Manyingee North and the company's focus on exploring other targets within the Yanrey Uranium Project.

Cauldron Energy anticipates further exploration and potential resource expansion at Manyingee North and other targets within the Yanrey Uranium Project.