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Full interview: Cauldron Energy completes due diligence for Victorian Goldfields projects

Cauldron Energy Ltd (ASX:CXU) chief executive officer and executive director Jess Oram updates Proactive on the successful completion of due diligence for its acquisition of the Blackwood and Bullarto South projects in the Central Victorian Goldfields.

These projects make up much of the highly prospective Blackwood Goldfield which produced around 218,000 ounces from 1864 to 1960.

The company is now drafting and finalising joint venture agreements for each of the projects, which are near Ballarat.

Quick facts: Cauldron Energy Ltd

Price: 0.028 AUD

ASX:CXU
Market: ASX
Market Cap: $10.54 m
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Full interview: Cauldron Energy dispels some myths surrounding uranium

Cauldron Energy Ltd (ASX:CXU) chairman Simon Youds updates Proactive on the company’s uranium project at Bennet Well in WA at which the company has spent more than $15 million on developing over 30 million pounds of uranium. Despite having a contained metal value of 1.5 billion, Cauldron...

on 23/12/19

2 min read