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Cauldron Energy Ltd (ASX:CXU) has signed an agreement to acquire the Bullarto South Gold Project in the highly prospective Central Victorian Goldfields. Bullarto South is about 4 kilometres west of the Blackwood Goldfields near Ballarat which produced over 199,000 ounces of gold in the 1860s Victorian goldrush - worth about US$190 million today.
Cauldron Energy Ltd (ASX:CXU) expects to have the underground diamond drill spinning before Christmas at Tyrconnel Adit in the historically worked Eastern Gold Reefs at Blackwood Gold Project in central Victoria. The company is targeting an under-explored area adjacent to the Annie Laurie Reef, which was last mined in the 1800s during the Victorian Gold Rush, with a fan of five underground holes designed to delineate a potentially high-grade mineralised system.
Cauldron Energy Ltd (ASX:CXU) believes its Yanrey uranium project contains significant undiscovered uranium resources, following positive results from a new passive seismic survey. The results highlighted multiple new in-situ recovery (ISR) uranium targets at the Flagstaff prospect over areas of unusual basement complexity.
Cauldron Energy Ltd is in the process of implementing final underground infrastructure and ground support for its upcoming drilling campaign targeting high-grade gold mineralisation at its Blackwood Gold Project in Victoria. The company has established operations in the Eastern reef area of Blackwood, encompassing the Annie Laurie and Grace Edgerton reef systems, where Cauldron is pursuing a potential high-grade zone in the hanging wall of the reef.
Cauldron Energy Ltd has started underground exploration drilling at its Blackwood Gold Project in the Central Victorian gold province. The company has used the Tyrconnel underground access to position the drill platform in the centre of the areas of interest and the drilling will be undertaken from inside the mine workings targeting the up and down plunge extensions of mineralisation accessed by historical miners.
Cauldron Energy Ltd (ASX:CXU) has appointed Asha Rao, an experienced geologist with key gold and uranium experience, as fulltime exploration manager. Rao has broad experience in gold and uranium mineralisation across Canada, Australia and Africa and specific experience in relation to in-situ recovery (ISR) of uranium.
Cauldron Energy Ltd (ASX:CXU) (OTCSMKTS:CAULF) (FRA:UFX) has applied for two new exploration licences that extend its footprint at the Yanrey Uranium Project in the northwest of Western Australia. The application was made to the Department of Mines, Industry Regulation and Safety (DMIRS) in an area of un-pegged ground to the north of the Yanrey Project and if granted, extends the size of the exploration landholding to 1,860 square kilometres.
Cauldron Energy Ltd (ASX:CXU) (OTCSMKTS:CAULF) (FRA:UFX) has received consent from Melbourne Water, the final regulatory step required for the company to initiate its exploration operations at the Blackwood Gold Project in Victoria. Obtaining of the consent allows Cauldron to utilise the 1.5-kilometre Tyrconnel Adit to access the multiple reef and shaft systems as part of its planned underground exploration programs at the historic Blackwood mine.
Cauldron Energy Ltd (ASX:CXU) (OTCMKTS:CAULF) (FRA:UFX) is looking to capitalise on its ‘first mover status' in the global sand market, following the acquisition of three exploration licences at the mouth of the Ashburton River in Western Australia. As previously reported by Proactive, Cauldron gained exposure to the international sand market last December, with a deal to buy high-quality river sand leases in WA.
auldron Energy Ltd (ASX:CXU) (OTCMKTS:CAULF) has promoted Simon Youds to the role of executive chair. Youds has a long history with Cauldron, having served as manager of operations from June 2012 until February 2016, and as non-executive chair of the board of directors since March 15, 2019.
auldron Energy Ltd (ASX:CXU) (OTCMKTS:CAULF) has promoted Simon Youds to the role of executive chair. Youds has a long history with Cauldron, having served as manager of operations from June 2012 until February 2016, and as non-executive chair of the board of directors since March 15, 2019.
Cauldron Energy Ltd (ASX:CXU) (OTCMKTS:CAULF) has reached an agreement with Kuuwa Rentals to lease a T4 Sami Mobile Concrete Batching Plant (CBP) in Onslow, WA. The CBP can produce a range of high strength quality concrete products which Cauldron plans to make available to customers in the region.
Cauldron Energy Ltd (ASX:CXU) (OTCMKTS:CAULF) has reached an agreement with Buurabalayji Thalanyji Aboriginal Corporation (BTAC) to lease an industrial block adjacent to Onslow's Agility Port at 697 Cornish Way, Onslow. A mobile concrete batching plant resides on this site, which is owned by a majority owned BTAC subsidiary.
Cauldron Energy Ltd (ASX:CXU) (OTCMKTS:CAULF) (FRA:UFX) has committed to reducing its carbon footprint and achieving a target of having net zero carbon emissions across all of its projects and operations. The company's suite of projects is inherently energy efficient and provides a good head-start on its ability to reach these goals.
Cauldron Energy Ltd (ASX:CXU) has started mobilising a team of exploration specialists and experienced mining personnel to the Blackwood Goldfield site in central Victoria to organise logistics and make plans for the upcoming high-priority drill program. Cauldron's team is expected to be on-site for five to seven days and this follows the recent approval by Earth Resource Regulation (the regulator associated with the Victorian Department of Jobs, Precincts and Regions), of the company's work plan for the historic gold producing area.
Cauldron Energy Ltd (ASX:CXU) (OTCMKTS:CAULF) (FRA:UFX) has welcomed approval from the Victorian Earth Resource Regulation (ERR) department for its Blackwood Gold Project program of work. Cauldron aims to re-establish access to more than 1.5 kilometres of existing underground tunnels crosscutting its major northern reef systems to target the down plunge extensions of the numerous gold reefs identified historically.
Cauldron Energy Ltd's (ASX:CXU) (OTCMKTS:CAULF) (FRA:UFX) is progressing towards approval from the Victorian Earth Resource Regulation (ERR) department for its program of work accessing the significant historical underground workings at its Blackwood Gold Project. The company has received feedback from the EER and expects the program of work to access existing infrastructure below the Sultana, Sultan and North Sultan shafts for exploration and drilling to receive the go-ahead mid-year.
Cauldron Energy Ltd's (ASX:CXU) (OTCMKTS:CAULF) (FRA:UFX) drilling proposal to test high-quality targets at its Blackwood Gold Project has been conditionally approved by Victorian regulators. Earth Resources Regulation (ERR) and the Department of Environment, Land, Water and Planning (DELWP) has approved the low impact surface drilling proposal, subject to a review of the company's communication plan and its commitment to further engagement with local community which the company initiated late last year.
Cauldron Energy Ltd's (ASX:CXU) (OTCMKTS:CAULF) (FRA:UFX) proposed acquisition of the WA Sands Project comprising a number of river sand leases at the mouths of the Carnarvon, Onslow and Derby rivers in WA will proceed, but possibly with some amendments. Onslow Resources Ltd's mining lease application 09/150 and Quarry Park Pty Ltd's mining lease 08/487 are both not material to the overall transaction and Cauldron will proceed with the acquisition of the remaining tenements whether or not each, or both, are ultimately included.