Tony Sage told Proactive Investors exclusively: "The combination of finalising the court action and bringing on an enthusiastic new shareholder bodes well for the future. We can now concentrate on finalising the last piece of the puzzle with the impending commencement of the field leach trials."
Cauldron Energy has quickly followed up a massive resource increase at its Bennet Well uranium project in Western Australia by securing lead agency project status for the operation, which will allow for a more streamlined advisory and approvals process with the state government.
Cauldron Energy has realised a major increase in resource tonnage and grade at its Bennet Well uranium project in Western Australia, further validating an emerging jurisdiction and prompting the company to integrate into a growing global nuclear sector.
Continued drilling success at Cauldron Energy’s Bennet Well uranium project in Western Australia has extended mineralisation over 11 kilometres and set up a possible resource increase as the company considers broader regional ambitions.
Cauldron Energy's shares jumped 25% yesterday following high-grade intercepts of nearly 0.5% uranium oxide (U3O8) were delivered in the second-best ever drillhole at the company’s Bennet Well project in Western Australia.
Cauldron Energy is set to expand resources and drilling plans at its Bennet Well uranium project in Western Australia after identifying mineralisation adjacent to a neighbouring 25-million-pound uranium project.
Cauldron Energy is set to extend its exploration rights on the Bennet Well uranium project in Western Australia after identifying as much as 7.4 additional kilometres of potentially economic mineralisation at the site.