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Cauldron Energy Ltd

Cauldron Energy appoints new non-executive director

Cauldron Energy (ASX:CXU) has appointed Ms Xinyi Zhang as a non-executive director of the company with effect from 1 January 2017.

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Cauldron Energy appoints new non-executive director

Cauldron has two project areas covering more than 4,500 square kilometres in two known uranium provinces in South Australia and Western Australia.

The Yanrey Project in Western Australia comprises 14 granted exploration licences covering 2,276 square kilometres and seven applications for exploration licences covering 912 square kilometres.

Yanrey is prospective for large sedimentary-hosted uranium deposits.

The Marree joint venture in South Australia comprises five granted exploration licences covering 2,794 square kilometres prospective for sedimentary-hosted uranium deposits of both the Beverley Uranium and Four Mile Uranium style, and for base metal mineralisation.

Quick facts: Cauldron Energy Ltd

Price: $0.02

Market: ASX
Market Cap: $5.93 m
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