Cauldron Energy Ltd

19 holes at Manyingee South found mineralisation about 2.5km upstream beyond the 2026 resource boundary. A further 21 Manyingee North holes continue north, reaching the heritage clearance limit. Resource updates for both deposits are promised 'in due course'; none stated yet.

drilling result

First 14 holes of 2026 extended Manyingee North mineralisation about 2.5km north and 550m south, roughly quadrupling strike length, and still open. Cosgrove now has mineralisation in 3 of 5 holes over 1.2km. Builds on the February maiden resource; no new resource yet.

drilling result

The 2026 Yanrey drill program has started, about 6-8 weeks of roughly 10,000m of air-core drilling, after wet-weather delays to the late May/June target. Priorities are Manyingee North and South, with Cosgrove, Bennet Well West and E08/2896 also planned.

drilling spud

Revised project-wide Exploration Target of 89.7–269Mlb uranium oxide over 30 prospective areas in the western Yanrey tenements. It is conceptual and excludes the existing ~55Mlb of resources. It delivers the update promised for June.

resource reserve update

Initial Exploration Target of 9.4–42.7Mlb uranium oxide (14.2–42.6Mt) over four of the newly acquired Wyloo tenements. It is conceptual, not a resource. A project-wide target update, last published January 2024, is promised before 30 June 2026.

resource reserve update

Cauldron is acquiring 5 more Yanrey tenements from Wyloo, four surrounding Paladin's Manyingee deposit. E08/2896 sits between Paladin's deposit and Cauldron's Manyingee North and will be an early drill target. Payment is a royalty on future production; no cash figure stated.

asset acquisition disposition

Cauldron won two WA Government Exploration Incentive Scheme grants totalling up to $217,750: up to $78,500 for passive seismic and up to $89,250 for first-pass drilling at Ashburton East. It is the company's first EIS award and covers 50% of those project costs.

regulatory community update

Maiden Manyingee North resource of 9.8Mlb (14.9Mt @ 297ppm) and upgraded Manyingee South to 14.9Mlb (from 11.1Mlb). Yanrey total rises to 55.6Mlb, up 13.6Mlb (~32%) from 2025 drilling. All inferred. Delivers the expected February update; Cosgrove added nothing yet.

resource reserve update

About 95% of the listed options were converted, bringing in $4.46m in total, $3.71m of it in December. Closing December cash exceeded $4.4m, funding further Yanrey exploration. Only 15.9m options lapsed unexercised. Resolves the 30 December option expiry thread.

capital raising announcement

Cosgrove, a new uranium discovery between Bennet Well and Manyingee South, hit mineralisation in 2 of 3 first holes, 350m wide and open. Final Manyingee South holes extend it south. The 2025 program ends; resource updates for Manyingee South and a maiden Manyingee North estimate are due Q1 2026.

drilling result

First 5 holes at Manyingee North, 2.5km from Paladin's Manyingee deposit, all hit uranium, including 2.72m @ 887ppm eU3O8. The company calls it a second new discovery in 18 months. Mineralisation is open in all directions; no resource yet.

drilling result

Results for 23 more holes (33 total) show Manyingee South mineralisation extending about 650m southwest, 600m east and 1,000m southeast, onto tenement E08/3204. 19 of 33 holes hit mineralisation; resource update expected Q1 2026.

drilling result

First 10 holes at Manyingee South hit uranium above cut-off in 8, including 5.04m @ 828ppm eU3O8 and 1.52m @ 2,767ppm. High-grade zone extended 200m wider (1,300m) and 150m longer (800m), supporting expansion of the 11.1Mlb resource.

drilling result

Drilling began at Manyingee South after the heritage survey. About 5,000m of air-core is planned over six weeks, 4,000m at Manyingee South and 1,000m at Manyingee North, smaller than the 9,000m previously flagged. Aims to expand the 11.1Mlb resource.

drilling spud

Non-binding MOU with Uzbekistan's state uranium producer Navoiyuran to collaborate on Yanrey, possibly covering technical help, future funding and government advocacy. No binding terms or funding yet; formal agreements are only envisaged after further work.

material agreement

The 2020 sand-lease purchase agreement was terminated: Cauldron keeps the Onslow tenements with no further payments or royalty, and 2m of the 8m shares issued are cancelled. Vendors keep the Carnarvon and Derby leases. Settles the sands asset structure.

asset acquisition disposition

The 0.6c entitlement offer closed with valid applications for 231.9m shares ($1.391m). A shortfall of 92.9m shares ($557,332) goes to underwriter Parle Investments, so the full $1.949m is expected to be raised. Resolves the open raising thread.

capital raising announcement

Cauldron plans a renounceable entitlement offer of up to $1,948,539 at 0.6c per share (2 for 9), fully underwritten by major shareholder Parle Investments with no fees. The price is a 25% discount to the 7-day VWAP and is far below the 1.8c raising in late 2024. Funds go to Yanrey and working capital.

capital raising announcement

Cauldron settled the costs order from the sand tenement (M08/487) court case with Wyloo: $175,000 cash plus six tenements (177.3km2) next to Yanrey, one abutting Manyingee South. Resolves the long-running legal matter flagged in earlier threads.

asset acquisition disposition

Maiden Manyingee South resource of 15.5Mt @ 325ppm eU3O8 for 11.1Mlb (inferred). Yanrey resources rise to 42Mlb, a 35% increase on Bennet Well's 30.9Mlb. This turns the 2024 drilling discovery into a booked resource; mining still depends on lifting the WA uranium ban.

resource reserve update

The CY2024 Yanrey program is complete: 145 holes, 14,813.5m, with final Bennet Well and Target 14 results including 2.10m @ 1,742ppm eU3O8. The CEO calls Manyingee South Australia's standout uranium discovery this year; follow-up analysis and next-stage drilling planning come next.

drilling result

Final 18 Manyingee South holes finish the 77-hole, 6,480m program, with best 2.08m @ 1,755ppm eU3O8 and 4.80m @ 929ppm. Mineralisation exceeds 3km by at least 1,100m, with two high-grade zones, still open. More drilling planned next year.

drilling result

Seventeen more Manyingee South holes widen the mineralised channel from 600m to over 1,100m, still open, with best 1.84m @ 2,918ppm eU3O8 and 4.34m @ 1,021ppm. Extends the 3km trend; Target 14 drilling is due to start within 7 days.

drilling result

The rights issue closed with only 29.53% take-up: 33.2m shares for $597,783. The remaining 79.2m shares ($1.43m) fall to underwriter Canaccord Genuity, so the full $2.02m is still expected to be raised, with shares due to be issued 24 October.

capital raising announcement

Thirty more Manyingee South holes extend the mineralised trend to at least 3km, about 600m wide and still open. Best: 2.92m @ 669ppm eU3O8 (including 1.80m @ 838ppm). Up from 2km a month earlier; 42 holes done.

drilling result

Raising about $4.024m at 1.8c a share: a $2.0m placement (111m shares) plus a fully underwritten $2.02m rights issue, with 1 free option per 4 shares (1.5c, expiring 30 Dec 2025). Replenishes cash that fell to $1.94m at 30 June; issue price is below the 2.0c August price.

capital raising announcement

Eight more Manyingee South holes extend the mineralised north-south trend to at least 2km, open both ways, with ~600m width across the channel. Best: 3.00m @ 880ppm eU3O8 (including 2.40m @ 1,015ppm). Builds on the 11 September discovery of 1.5km.

drilling result

First four holes at Manyingee South (Target 15, 4.5km south of Paladin's Manyingee) all hit uranium, best 4.12m @ 622ppm eU3O8. Company calls it a discovery continuous over 1.5km, open in all directions. It is the best result of the 2024 campaign so far.

drilling result

First Yanrey results: 18 of 20 holes were infill at Bennet Well and matched expected grade and thickness. A twin of a 2015 hole returned 7.00m @ 543ppm eU3O8, validating the drilling method. Drilling now moves to north and south extensions and the Manyingee area.

drilling result

Yanrey aircore drilling began on 10 July, delayed from early June by heavy rain; the company says the 251-hole, ~25,000m program is not meaningfully affected. All approvals and the heritage survey are complete. First results are expected in two to three weeks.

drilling spud

Melrose aircore assays found near-surface nickel over a 600x200m area at Target 01: 29 of 65 holes at 0.30% Ni or better, best 12m @ 1.00% Ni from 17m. Weathered-zone only; mineralisation open. RC results on 846m of drilling are due.

drilling result

Cauldron agreed to raise $2.025M from major shareholder Parle Investments, issuing 45m shares at 4.5c. Funds are mainly for Yanrey drilling planned for April-May. Share price has risen well above the 0.9c rights issue price of late 2023.

capital raising announcement

Revised Yanrey exploration target across 22 areas: 20.4-66.2Mt at 326-464ppm eU3O8, in addition to the 30.9Mlb resource. It is conceptual only, not a resource. A 25,000m+ drill program is planned for 2024. Later retracted in part (see next).

resource reserve update

Maiden aircore drilling began at Melrose with Strike Drilling: about 100 holes, up to 5,000m, testing nickel-copper targets including Target 1 (earlier 19m @ 0.32% Ni). Results will guide follow-up RC drilling. E70/6467 and 6468 have been granted.

drilling spud

Bennet Well scoping study for the Yanrey uranium project, assessing a 1.5Mlb a year in-situ recovery operation with a 16.5Mlb production target. It is a low-accuracy preliminary assessment, and mining needs WA's uranium ban policy to change. Financial outputs are not in the visible text.

other

Drilling approval granted for up to 4,000m of aircore at Melrose, starting December. Parle Investments became a substantial holder at 11.55%, and no shortfall went to the underwriter. The Yanrey scoping study is due before year end.

drilling scheduled

Rights issue closed oversubscribed, raising the full $1,427,353 at 0.9c. Applications for $1.62m were scaled back; 158.6m new shares and 52.9m options are to be issued. Canaccord receives 52.9m options as fee. Completes the October raising.

capital raising announcement

Sale of the 51% Blackwood gold interest is complete; $200,000 received, with $100,000 due by 25 September 2024. Resolves the sale agreed on 5 September and finishes the company's exit from gold, leaving focus on Melrose and Yanrey.

asset acquisition disposition

Aerial EM survey at Melrose (361.3 line km) found potential targets along a linear trend matching magnetic and nickel-copper geochemical anomalies. Target 1 had earlier hits of 19m @ 0.32% Ni. Drilling planned after cropping season, probably within two months. A geophysical result, not a drill result.

drilling result

Cauldron raises about $1.6m at 0.9c per share: a $198,000 placement plus an underwritten rights issue of up to $1.43m (1 new share for every 6 held), with attaching 1.5c options. Funds Yanrey and Melrose work; Melrose drilling planned later this year.

capital raising announcement

Cauldron sells its 51% Blackwood gold interest to Currawong Resources for $300,000: $200,000 this month, $100,000 later. Completes the exit pursued via PAC Partners; proceeds go to Melrose exploration and working capital.

asset acquisition disposition

Cauldron exercises its option over Melrose tenement E70/6160 after due diligence, paying $10,000 cash plus 20 million shares. This completes the option taken in May 2023 and states its terms; Melrose now totals about 1,507km2.

asset acquisition disposition

Magnetic modelling at Melrose Target 01 shows a magnetic body about 1km long and up to 300m wide, 110-160m deep, roughly 60m below historical nickel-copper air-core hits. Cauldron wants to drill it soon and plans an aerial EM survey. A geophysical result, not a drill result.

drilling result

DMIRS approved the Yanrey drilling Program of Works, the first drilling there in years, targeting Bennet Well extensions and vanadium. Cauldron now stresses rare earths, copper and nickel at Yanrey because the WA uranium ban still blocks development. Resolves the approval awaited since early 2023.

regulatory community update

Cauldron takes an option over the Melrose nickel-copper-PGE project (E70/6160, ~169km2, Dalwallinu WA) from Beau Resources, and has pegged a further ~1,338km2 nearby. Four drill-ready nickel targets are identified from historical drilling. First new project under its refreshed strategy; option price not stated here.

asset acquisition disposition

ASX suspended Cauldron's shares from 1 May 2023 for not lodging its periodic report (the March quarter report) by the due date. Trading is halted until the report is lodged.

listing compliance notice

PAC Partners is appointed exclusive adviser to run a strategic review of the Blackwood gold project and possible transactions, aiming to maximise return. Follows the earlier statement of focusing on uranium and sand; it signals a possible sale of the Victorian gold asset.

material agreement

Rights issue closed with applications for 115.7m shares ($809,925), a 49.68% take-up. The shortfall of 117.2m shares ($820,319) goes to underwriter Canaccord Genuity, so the full $1.63m is still raised.

capital raising announcement

Cauldron raises about $2.27m at 0.7c a share: a $637,922 placement plus a fully underwritten 1-for-3 rights issue of $1.63m, with Canaccord Genuity. Priced 30% below the last close of 1c. Funds go mainly to Yanrey uranium, new projects and working capital.

capital raising announcement

Jonathan Fisher, former CFO of TNG Ltd, is appointed CEO from 1 December 2022 on a $250,000 base salary. He gets 45m options at 1.5c, 2.0c and 2.5c, subject to shareholder approval. Continues the management refresh.

director officer appointment

CFO and Company Secretary Michael Fry joins the board, replacing Simon Youds, who resigned immediately. The company describes this as part of a board and management refresh under Chairman Ian Mulholland, who started 31 May 2022.

director officer appointment

Second high-grade Blackwood hit: BKD015 returned 0.8m at 19.2 g/t gold, including 0.3m at 27 g/t, matching BKD014 and earlier face sampling of 2.45m at 31.3 g/t. BKD013 had no significant gold. Supports the company's shoot model.

drilling result

Director Qiu Derong agreed to lend $500,000 for short-term working capital at 8% a year over 6 months. Repayable in cash or shares at 0.7c, subject to shareholder approval. The text gives the loan's purpose as working capital only.

debt financing

First meaningful Blackwood assay: hole BKD014 returned 0.6m at 20.1 g/t gold, after the earlier holes BKD001-010 missed or hit only low grades. BKD011 gave 0.35m at 1.06 g/t. Resolves the long wait for assays; drilling continues.

drilling result

ASX temporarily paused trading in Cauldron's securities pending a further announcement. The text gives no reason; the cause is not stated.

listing compliance notice

Ian Mulholland, former 15-year Managing Director of Rox Resources, is appointed Non-Executive Chairman, with Simon Youds moving to Executive Director. Jess Oram resigned from the board. Mulholland gets $60,000 a year and 5m options at 2c, subject to shareholder approval.

director officer appointment

Placement of 44,117,647 shares at 1.7 cents to raise $0.75m before costs, managed by Everblu Capital, with one free 3.4c option (exp. Mar 2024) per three shares. Priced at a 19% discount to last close; funds mainly complete Blackwood drilling. Follows the Sept 2021 raise at 3.4c.

capital raising announcement

Two Blackwood holes near the Annie Laurie reef hit an old mined void before reaching their targets, so no gold assays yet. Ground support work, about four weeks, is needed before drilling resumes from the other side. A Prospectors Licence (PL7763) application was accepted.

drilling result

Cauldron raised $1.2m via a placement of 35,294,118 shares at 3.4c, a 20% discount to the last close, with one free 5c option per two shares (expiring Nov 2023). Lead manager 180 Markets gets a 6% fee. Funds go to Yanrey seismic, Blackwood drilling, sand and working capital.

capital raising announcement

Underground drilling has started at Blackwood, with Core Prospecting's Kempe rig drilling from the Tyrconnel adit, ahead of the mid-August target. It targets extensions of historically mined high-grade reefs. The first drilling at the project; no results yet.

drilling spud

Cauldron signed a services agreement with Core Prospecting for underground diamond drilling at Blackwood, using the Tyrconnel adit. This fills the drilling contractor gap noted in the June quarter. Drilling is expected to start in the coming weeks; no contract cost is stated.

contract award

Melbourne Water consent was received, the final regulatory step for Blackwood underground exploration via the 1.5km Tyrconnel adit, following ERR approval in March. Cauldron is free to start. CEO Jess Oram is to move to a non-executive board role in coming weeks.

regulatory community update

Cauldron is now registered 100% owner of three exploration licences and one miscellaneous licence at the Ashburton River mouth, part of the WA Sands deal. The second share tranche is split: 4m shares now, 4m when ML08/487 transfers. Shares on issue rise to 455,999,512.

asset acquisition disposition

Simon Youds, non-executive chair since March 2019, becomes Executive Chair, responsible for turning the sand projects into a cash-generating business. Pay is $4,000 a month fixed plus $100 an hour for project work, up to 160.8 hours a month. Signals sand is now a priority.

director officer appointment

Victorian regulator approved the Blackwood underground drilling and sampling program ahead of expectations, giving access to over 1.5km of tunnels via the Tyreconnel Adit. This clears the Barry's Reef-area approval and lets equipment and personnel be mobilised.

regulatory community update

Victorian regulators conditionally approved low-impact surface drilling at Rogers Big Hill, Eldorado and Homeward Bound, subject to review of the community engagement plan. Cauldron is seeking a drilling contractor. Underground drilling near Barry's Reef is still awaiting approval. Resolves the work approval thread in part.

regulatory community update

Cauldron agreed to buy 100% of river sand leases (about 286km2) at the Carnarvon, Onslow and Derby river mouths in WA for 20 million shares, plus $250k, $250k and $500k production payments and a royalty. Needs shareholder approval. A new commodity beyond gold and uranium.

asset acquisition disposition

Cauldron secured commitments for a $1.60 million placement of 51,612,903 shares at 3.1c, with one free 5c option per two shares. Funds go mainly to fast-tracking Blackwood exploration, plus Yanrey maintenance and working capital. Follows the July tax credit allocation.

capital raising announcement

Cauldron completed the final placement tranche: 33,333,332 shares at 1.5c raising $500,000. Total placement is $705,002 from 47,000,127 shares, with free 3c options expiring 31 March 2022. Funds go mainly to drilling Blackwood, completing the November plan.

capital raising announcement

Cauldron requested a voluntary suspension pending an announcement about a heads of agreement to acquire a new project, expected by 2 December 2019. Follows the trading pause.

listing compliance notice

Heads of agreement to acquire an initial 51% of the Blackwood Gold Project (EL 5479, Victoria), rising to 65% on a 300,000oz resource and 80% on a decision to mine. Also a $450,000 placement at 1.5c, subject to due diligence; second Victorian gold project after Bullarto South.

farm in farm out agreement

Cauldron signed a heads of agreement to acquire an initial 60% of the Bullarto South Gold Project in Victoria, rising to 80% if a resource of at least 300,000oz gold is reported. Subject to due diligence and approvals; a move into gold beyond uranium.

asset acquisition disposition

Simon Youds appointed non-executive chairman from 15 March 2019, filling the vacancy left by Tony Sage's November exit. He was Cauldron's Manager of Operations 2012-2016 and is CEO of Vector Resources, with African mining experience.

director officer appointment

Cauldron terminated the Oceltip farm-in on 18 December 2018 because Oceltip did not complete its due diligence in the agreed time. The $2m exploration commitment announced on 4 October falls away, and Cauldron keeps 100% of the tenements.

material agreement termination

The Pilbara lithium acquisition from Mercury will not proceed because some conditions were not satisfied, and the parties agreed to terminate. This ends the 5 October deal. Cauldron says it has copper-cobalt projects at an advanced stage of negotiation.

material agreement termination

Okewood has given notice ending its contract, so Tony Sage's appointment as non-executive chairman will cease on 31 December 2018, citing Okewood's increasing workload. Sage was the inaugural chairman after the Scimitar-Jackson merger, with almost 10 years of service.

director officer appointment

Cauldron agreed to buy the Pippingarra and Marble Bar lithium projects (over 360km2, Pilbara) from Mercury Resources for 40m shares, 40m options, 60m performance shares, a 1% royalty and $500,000 cash. This is the first concrete step in its diversification away from uranium.

asset acquisition disposition

Oceltip Metals agreed to fund $2 million of exploration over three years on tenements next to Yanrey (E08/2017, E08/2385-87, plus applications E08/2666-68) to earn 60%, with Cauldron keeping 40%. Oceltip can extend by two years if it spends at least $1m.

farm in farm out agreement

March quarter: cash $2.45m. Uranium policy clarification is still awaited, so Cauldron has begun looking at other projects in Australia and overseas, including uranium, gold, lithium and cobalt. Yanrey now has 15 granted licences (1,548km2) and 4 applications.

quarterly activities report

Exploration Manager Jess Oram becomes CEO and executive director from 1 January 2018 on $233,235 a year, filling the long-vacant CEO role. Tony Sage's executive chairman role ends 31 December 2017 as Okewood can no longer provide it; he becomes non-executive chairman.

director officer appointment

The Court of Appeal unanimously dismissed Forrest & Forrest's appeal over Cauldron's applications E08/2385-87 and ordered Forrest to pay Cauldron's legal costs. This resolves the dispute that has been open since September 2016. The licences are still applications, not granted.

regulatory community update

June quarter: cash fell to $3.3m. The WA Government announced on 20 June 2017 a ban on uranium mining on future Mining Leases, and Cauldron is seeking clarification before deciding whether to continue uranium exploration. A second passive seismic program began. The CSIRO leach study phase 1 is complete.

quarterly activities report

CSIRO's first-stage study found Bennet Well uranium leaches well by in-situ recovery, with acid leach extracting more than alkali. Second-phase work to support the field leach trial has not started. The 30.9Mlb resource is unchanged. The chairman's 'low cost producer' view is his opinion.

other

Cauldron signed a $2.5m placement with a new Chinese investor: 31.25m shares at $0.08, plus 20m options at $0.08 expiring 31 December 2018. Subject to investor budget approval and shareholder approval at the AGM; an extra director will be appointed. Funds go to Bennet Well.

capital raising announcement

Supreme Court of WA dismissed Forrest & Forrest's judicial review of the Minister's decision to progress Cauldron's three Yanrey-region exploration licence applications (lodged April 2012), with costs awarded to Cauldron. A step toward grant, not a grant itself.

regulatory community update

Cauldron issued 16,949,176 shares at $0.118 ($2m) plus 20m options at $0.138 expiring 31 December 2016 to MGT Resources, about 5.89%. Funds go to working capital and Bennet Well field leach trials. Shares now 288.0m, options 44m.

capital raising announcement

Cauldron recovered $2,530,539 of the Joseph parties' judgment debt: $530,539 from them and $2m from MGT Resources, which takes the shares that were to be issued to them. $1m plus interest is still owed by Guangzhou City, whose shares are under a holding lock.

other

WA Supreme Court ruled for Cauldron against Joseph Investment, Joseph Investment International and Guangrong City, ordering $3m plus interest, $55,000 damages and 85% of legal costs. Resolves the unpaid placement dispute; collection still has to be enforced.

other

WA's Department of Mines and Petroleum gave Bennet Well Lead Agency Project status, assigning officers to help coordinate approvals. It also published guidance for small-scale field leach testing, which Cauldron plans for the June 2016 quarter, subject to funding. Company targets potential production in 2020.

regulatory community update

Bennet Well resource rises to 38.9Mt @ 360ppm eU3O8, 30.9Mlb (up from 21.5Mlb in July), with Indicated 18.1Mlb and Inferred 12.5Mlb. Grade up 33% from 270ppm. This follows the Bennet Well Channel drilling; mineralisation remains open.

resource reserve update

25 more holes (2,411m) show Bennet Well Channel mineralisation extends at least 7km southeast, with at least 11km total known length, still open. Best: 4.45m @ 518ppm. Ravensgate will be commissioned to estimate a resource for the channel.

drilling result

Drilling restarted at Bennet Well Channel, with hole BW0098 hitting 1.80m @ 2,900ppm eU3O8, including 1.10m @ 4,520ppm. Drilling continues at spacing aimed at an Inferred resource; inclusion in the 21.5Mlb resource is not yet determined.

drilling result

After AGM approval, director Qiu was issued 16,949,178 shares at $0.118 (A$2m) plus 16m unlisted options, of which he can exercise at most 8m. Completes the Qiu placement from the open threads. Shares now 268.05m.

capital raising announcement

Recent drilling plus historic Dynasty Metals holes suggest the Bennet Well Channel could extend 7.5km southeast, beyond Cauldron's licence. It has applied for new licence ELA E08/2774 to secure the ground. The extension is interpreted, not yet a resource.

drilling result

First seven holes (703m) in the Bennet Well Channel hit uranium, e.g. 4.15m @ 529ppm eU3O8 from 88.9m. A new channel extends 3.2km southeast, and the company says its Exploration Target for this area rose five-fold. Drilling of the 4,000m program continues.

drilling result

New Exploration Target 'BW Extended' of 19-54Mt at 300-420ppm, for 18-53Mlb U3O8, across 17 areas, on top of the existing 21.5Mlb resource. It is conceptual, not a resource; drilling is under way to test it.

resource reserve update

Bennet Well resource rises 16% to 21.5Mlb eU3O8 (36.1Mt @ 270ppm), with Indicated up 90% to 11.9Mlb. Builds on the late-2014 drilling. WA government grant of up to $150k for drilling; new drilling planned September 2015 quarter.

resource reserve update

Director Qiu Derong paid A$1.71m cash toward his A$2m placement at A$0.118 (A$0.29m offsets owed director fees); shares need shareholder approval. A$0.8m R&D refund also received. Funding lets Bennet Well drilling resume early August 2015.

capital raising announcement

WA Supreme Court discontinued the Joseph Investment, Joseph International and Guangrong action against Cauldron, discharged the injunctions and ordered the plaintiffs to pay costs. Cauldron can counterclaim for A$3m of unpaid subscriptions plus damages. Unpaid funds are not yet recovered.

other

WA Mines Minister rejected the Warden's recommendation and allowed the three Minderoo uranium exploration licence applications to proceed, resolving the pending decision. Applications still go through further determination. Company cites cash of A$3.0m plus A$7.47m due under placements.

regulatory community update

Drilling outlines a high-grade zone at Bennet Well East, peaking at 2500ppm eU3O8 (e.g. 1.25m @ 2500ppm); the over-500ppm contour covers 500m by 175m. A core rig is added to fast-track field leach trials. Builds on October's first holes.

drilling result

First two holes of the 10,000m Bennet Well program hit shallow, high-grade uranium at Bennet Well East, best 1.55m @ 667ppm eU3O8 from 47.75m including 0.4m @ 1340ppm. Early results; management says shallow depth could mean lower-end ISR costs (company view).

drilling result

NSW Supreme Court discharged ex parte injunctions Joseph Investment and Guangrong had obtained on 12 October. Cauldron had demanded $1m owed on 2 October under the placement agreement. Company calls the claims meritless; directions hearing 5 November. Raises doubt over the placement funding.

other

A$1.5m, 10,000m mud-rotary program of about 100 holes at Bennet Well to start 14 October, ahead of a leach test planned for the June 2015 quarter. Shareholders approved the placements on 30 September; A$5m received so far, A$6m expected within two months.

drilling scheduled

Bennet Well resource rises 18% to 18.6Mlb eU3O8 (32.4Mt at 260ppm) from 15.7Mlb, after 8 core holes. 29% is now Indicated. It follows the delayed revision flagged earlier; a 100+ hole drill campaign starts late September.

resource reserve update

Cauldron secures a further A$4m from Chinese investor Starry World at A$0.118 (33.9m shares), paid in four A$1m instalments from March to December 2015, subject to shareholder approval. Lifts the Chinese placements to A$15m, with another Chinese director to be appointed.

capital raising announcement

Cauldron secures an A$11m placement from Chinese investors at A$0.118 a share (93.2m shares), paid June 2014 to December 2015, subject to shareholder approval. Includes A$2m from director Qiu Derong. Finishes the long-pending Beijing funding effort; funds Yanrey, Marree and Argentina work.

capital raising announcement

Cauldron confirms its Energia bid lapsed at 5pm on 1 May 2014 as conditions were not met; acceptances are void. Also gives the shareholder distribution: 1,726 holders, top 20 hold 66.96%, led by Dempsey Resources 22.61% and Joseph Investment 14.25%.

business combination

Energia says Cauldron's takeover offer closed unsuccessfully on 1 May 2014 with its conditions unmet, with only 0.20% acceptances now void. Energia holders keep their shares. Ends Cauldron's year-long bid.

business combination

Independent work says high porosity (31%-43%) in Bennet Well core requires a moisture correction of 1.33 to 1.61 on all drill holes, so the 15.7Mlb resource is expected to rise significantly. Revised estimate due May 2014; no size given. Recalibration lowers grades by up to 9%.

resource reserve update

Cape Lambert, a major shareholder, agrees to lend A$1m by 31 March 2014 under a converting loan, converting to shares at 80% of the 10-day average price if shareholders approve at the 2014 AGM. Otherwise repayable by 31 Dec 2014 with 10% interest. Funds start Bennet Well drilling.

debt financing

ANSTO leach tests on Bennet Well core achieved over 96% uranium extraction with acid and about 94% with carbonate, with recoveries up to 98.6%. Supports the in-situ recovery plan. XRF also lifts the assay-over-gamma difference to about 25%, suggesting the resource may be understated.

flow test result

A Mining Warden recommends refusing three uranium exploration licences near Yanrey on the Minderoo pastoral station because Cauldron lacked funding at the December hearing. Cauldron will urge the Minister to overrule. Sage says existing Yanrey ground is unaffected.

regulatory community update

Cauldron extends its Energia offer to 1 May 2014 and says there will be no further extension. Energia's October placement and January rights issue breach a bid condition, giving Cauldron a right to walk away, though it currently intends to proceed. Its holding is about 0.18%.

business combination

Core assays from Bennet Well show uranium about 20% higher than the earlier gamma probe estimates; best hole YNDD018 5.1m @ 1209 ppm U3O8, a 68% grade-width increase. Ravensgate is working on a revised JORC 2012 resource. This suggests the existing resource may be understated.

drilling result

Diamond core at Yanrey's Bennet Well found uranium in all eight holes, best 6.48m @ 602 ppm eU3O8. Results suggest the resource could grow north and south. Barradale looks more complex. A resource upgrade and scoping study are planned; leach and metallurgical results due late 2013.

drilling result

An independent report finds a gravity anomaly over 1km deep beneath the old Ooloo mine at Marree, matching the earlier IP anomalies. Cauldron plans one deep hole in late 2013 or early 2014, subject to available funds. Builds on the May and June 2013 Marree work.

drilling scheduled

Cauldron secures A$1.5m in converting loans from Cape Lambert and director Qiu, at 10% interest, due by 31 July. They convert to shares if approved at the 2013 AGM, otherwise repayable by 30 June 2014. Also reports early Barradale drilling at Yanrey, which found deep paleochannels, with assays due end of July, and A$300k in grants.

capital raising announcement

Mapping at Marree's Mt Freeling prospect found a 1.6km mineralised fault zone with workings; rock chips peaked at 2,830 g/t silver and 33.9% lead. Drilling is being planned. Builds on the Ooloo work after the weak March drilling, but samples are from old mullock heaps, not drilled.

drilling result

Energia's directors unanimously recommend rejecting Cauldron's offer. An independent expert (BDO) values Energia at 18 cents per share and calls the offer neither fair nor reasonable. Along with the large holders' refusal, this makes success of the bid look unlikely (inference).

business combination

First Marree base metals drilling: eight RC holes (898m) mostly failed to reach target because the rig was inadequate for ground and water conditions. Three holes gave anomalous silver, lead and copper, lower than surface values. Falls short of the October 2012 discovery hopes; further mapping and sampling planned.

drilling result

Cauldron announces an off-market all-scrip takeover bid for Energia Minerals, offering 1 Cauldron share for 8 Energia shares (A$0.034 per share, 29% premium to 5-day VWAP), with a 90% minimum acceptance condition. Combined uranium resources would be 32.4Mlb across 190km of Carnarvon Basin strike.

business combination

Yanrey exploration target raised to 30-115Mlb U3O8 at 250-900 ppm, from 25-30Mlb. It is conceptual, not a resource. Barradale Channel drilling is planned for Q1 2013, weather permitting. Follows the 15.7Mlb resource upgrade.

resource reserve update

Yanrey inferred uranium resource rises about 300%, from 4.8Mlb to 15.7Mlb at 270 ppm eU3O8, after 7,146m of drilling, per Ravensgate. It adds Bennet Well East and South resources. This resolves the earlier upgrade expectation; the exploration target is being revised further.

resource reserve update

Bennett Well South drilling shows a third high-grade uranium palaeochannel at Yanrey, 2.5-3m thick, with a potential length of 10-20km by 500m wide. Builds on the 9 Nov 11m intersections; the company says it supports an exploration target upgrade, still conceptual.

drilling result

The first two Bennet Well South holes hit 11m-wide uranium zones (grade widths 950 and 989 ppm.m), with oxidised and reduced sediments suggesting a nearby roll-front. The company expects a significant upward revision of the exploration target; drilling ends mid-November.

drilling result

Of 12.6m listed options, 10,203,338 expired and 2,437,360 were exercised at 45c, raising $1,096,812, including by Tony Sage and Cape Lambert. A further $832,500 of shares will be issued under the underwriting. Shares on issue rise to 157.8m.

capital raising announcement

Barclay Wells will partially underwrite exercise of the listed 45c options expiring 31 October, up to $832,500, for a 5% commission. This gives a floor on proceeds from the options, whose strike was well above the 23c price last cited.

capital raising announcement

Hole YNMR048 at Bennet Well East recorded a preliminary peak of 9,970 ppm eU3O8, with 3.3m @ 1,596 ppm from 57.7m. It is the highest grade so far in the new channel; results are field gamma readings, not yet validated.

drilling result

Yanrey drilling defined a high-grade palaeochannel about 1.6km long and 120m wide, open north and south. All 15 holes hit uranium, 11 in the channel (preliminary peaks 3,706 ppm). The company expects the 25-30Mlb Exploration Target to be revised up, though it is still conceptual.

drilling result

The first hole of the 5,000m Yanrey program found a new shallow palaeochannel: 2.7m @ 1,021 ppm eU3O8 from 40.6m (preliminary field gamma). It sits above the Bennet Well resource depth. Drilling that was scheduled for October has begun and runs to mid-November.

drilling result

Surface sampling at Marree found an 8km x 10km silver-lead-zinc anomaly in the same province as Broken Hill. Peak rock-chips from old workings: 936 g/t silver, over 20% lead, 23% zinc. A new base metals thread beyond uranium; drilling is planned but not yet done.

drilling result

Uranium Equities withdrew from the West Lake Frome joint venture, ending its earn-in towards 80%. It issued 4,000,000 of its shares to Cauldron to settle its remaining minimum commitment. Cauldron appears to regain full control of the three licences (inference).

farm in farm out completion

A 5,000m Yanrey drilling program is scheduled for October 2012, targeting extensions to the Bennet Well resource (4.8Mlb inferred) and the Bennet Well South channels. It follows the favourable Native Title heritage ruling in late 2011.

drilling scheduled

All $11.3m of convertible notes converted to 58.8m shares at 20c, versus an 11c close on 26 July. This removes the July repayment problem raised earlier; shares on issue rise to about 155.1m. Yanrey drilling is expected within weeks.

capital raising announcement

Cauldron sold the 5 million Saracen shares from the Wallbrook settlement for $3.8m, to fund exploration and working capital in Australia and Argentina. A sizeable cash boost against a roughly $1.3m cash balance at September.

asset acquisition disposition

Cauldron settled the deferred consideration and royalty on the Wallbrook gold project, sold to Saracen in 2007, for 5,000,000 Saracen shares, before mining began. Cauldron calls it a good result; the royalty is given up.

asset acquisition disposition

Cauldron sold an 80% interest in Boolaloo and a 60-80% interest in the Beadell licences to Rumble Resources for $300,000, keeping a free-carried 20% until a decision to mine. Follows the strategic review flagged in the June quarterly; focus moves to Yanrey, Marree and Argentina.

asset acquisition disposition

Cauldron placed 7,300,000 shares at 10 cents to raise $730,000 before costs, for exploration and working capital. Issued shares rise to 96.2m. The price is well below the 18.5c market price in April and the 50c Chinese placement.

capital raising announcement

Drilling started at Los Colorados in Argentina: about 15 holes for 1,000m targeting near-mine extensions. Cauldron's exposure is via its loan to Caudillo, which can earn 78% of the project from EMSE (previously stated as 80%). Follows the February loan agreement.

drilling spud

Follow-up Marree drilling (33 holes, 3,576m) found low-grade uranium, best 1m @ 263 ppm at MacDonnell Creek, and a new paleochannel open 11km to the northeast. Still low grade, but a new priority target for the Korean-funded joint venture.

drilling result

Cauldron announced an underwritten options issue (Barclay Wells), 2 options per 3 shares at 2c, 25c exercise to 31 May 2012, raising about $1.19m, with funds for Yanrey exploration and working capital. Later not proceeded with.

capital raising announcement

Cauldron received $2m in convertible note funding from Cape Lambert's subsidiary Dempsey, at 10% coupon, convertible to shares before 16 March 2012 subject to shareholder approval. Deepens Cape Lambert's role after the CEO's exit; funds existing projects and working capital.

debt financing

Cauldron will lend up to A$650,000 to Argentine company Caudillo to explore the historic Los Colorados uranium mine. At Cauldron's option the loan converts to 80% of Caudillo. The mine produced 55,000 kg of concentrate in 1992-96; stockpile grade is unknown.

material agreement

CEO Terry Topping, a founding director, resigned effective immediately. Major shareholder Cape Lambert Resources will oversee finance, marketing and technical work, while Sage and Smith run day-to-day management. Reason given: to pursue other opportunities.

director officer appointment

Yanrey aircore drilling finished: 4,585m across four of five targets over 40 km, finding two new uranium palaeochannels 30-40 km south of Bennet Well. Best intercept 1.88m @ 430 ppm eU3O8. Extends the August high-grade find; follow-up drilling is being planned.

drilling result

Uranium Equities can earn 80% of Cauldron's West Lake Frome project in South Australia by funding A$5m over five years, with a minimum A$0.7m including 4,000m of drilling before it can withdraw. Cauldron's own cost is carried; licence renewal is a precondition.

farm in farm out agreement

First of five Yanrey targets, 1.5 km south of Bennet Well, found new high-grade uranium: 1.50m @ 1152 ppm and 2.18m @ 657 ppm eU3O8. Mineralisation open, over 2.5 km strike. 16 of 4,000m aircore holes done; a positive early result.

drilling result

Marree drilling of 19 holes (2,394m) at MacDonnell Creek outlines a 2 km by 400-800m low-grade uranium zone; peak stays 245 ppm eU3O8. Another 9 holes were drilled at Spring Creek; a further 5,000m is planned. Low-grade, but extends the discovery.

drilling result

Drilling starts at Las Marias, San Juan, Argentina, Cauldron's first program there: 500-600m of core targeting extensions of surface uranium up to 1,305 ppm. Results are expected mid to late June. Sage says later discretionary spending will likely favour overseas projects.

drilling spud

Cauldron outlines a 13,000m drilling program funded by the recent raising: 4,000m aircore at Yanrey (May), 1,500m RC at Beadell (April), 1,500m at Las Marias in Argentina, and 6,000m more at Marree. Delivers the drilling long flagged for 2010.

drilling scheduled

Cauldron agrees to give Eclipse Uranium, a planned IPO, an option over four granted and five applied-for Northern Territory uranium licences, expiring 30 June 2010. On exercise Cauldron gets 25m Eclipse shares (29-33% at listing) and two board seats, then focuses on Australia and Argentina.

asset acquisition disposition

Cauldron receives the final A$5m of the A$10m Chinese investment, completing the A$7m convertible note after the A$3m placement. Management says it will step up drilling across its Australian and Argentine uranium projects in 2010.

debt financing

Marree drilling (42 holes, 3,121m) finds uranium anomalism over 12 km by 4 km at Blanchewater, best 0.60m at 180 ppm eU3O8, peak 245 ppm. Low grades and wide spacing, but extends the October 2008 discovery; more drilling planned for 2010.

drilling result

Cauldron raises A$10m from Chinese investors: A$7m convertible notes (50c conversion, 10% coupon, due 31 July 2012) and A$3m placement of about 6m shares at 50c, needing AGM approval. Qiu Derong joins the board; drilling rigs targeted at all major projects by Q1/Q2 2010.

capital raising announcement

Drilling starts at Marree, SA: a 4,000m mud rotary programme of 35-40 holes over a 16 km strike length, funded by the Korean partners' $6.2m earn-in. This follows the airborne survey and delivers the drilling flagged earlier.

drilling spud

Cauldron agrees to sell Jackson Minerals and other non-uranium projects (Mt Elvire, Bardoc, Bungalbin JV) to Buka Gold for 10,458,935 Buka shares (about 13% of Buka) plus A$250,000, valued near A$1m. Conditional on due diligence and approvals by 31 Dec 2009.

asset acquisition disposition

Cauldron states an initial Exploration Target of 25 to 35 million pounds U3O8 at 300 to 900 ppm at Yanrey, beside Paladin's 24Mlb Manyingee. It is conceptual, not a resource; the only defined resource remains Bennet Well's 4.8Mlb inferred. Drilling depends on approvals and the wet season.

resource reserve update

ASX queried the June quarter report: cash was $345k, quarterly operating outflow $546k and next-quarter exploration spend $200k. Cauldron replied it expects the convertible note funding, $1.8m from Korean partners, and possible sale of its listed shareholdings to cover costs, and says it is reviewing non-essential spending.

listing compliance notice

Cauldron received $1.9m in convertible note funding, including $1.5m from Cape Lambert's Dempsey. Notes carry 10% coupon, convert at 50c and are repayable by 31 July 2012. Far short of the $7.5m or more earlier flagged for the Greenday facility.

debt financing

Cape Lambert's subsidiary Dempsey is converting its $2.3m note into 15.3m shares, up to about 18.7%: 6.1m shares now at 15c, the rest subject to a vote at the October AGM. Also 3.4m shares issued for advisory services; Marree $1.8m first-year budget approved; Rio Colorado 3,000m drilling being negotiated. Tony Sage chairs both companies.

capital raising announcement

Final allotment of 13,278,757 new shares to Jackson holders at 7.5:1, completing the merger. Total shares now 63,390,750. This closes the Jackson scheme thread.

asset acquisition disposition

Post-merger board set: Tony Sage Executive Chairman, Brett Smith Executive Technical Director, Terry Topping stays MD, Kent Hunter non-executive; McBain and Logaraj leave. Greenday funding of over $7.5m is expected within weeks. Three or four drilling programmes planned in six months. Note maturity now 31 July 2012.

director officer appointment

Court order lodged with ASIC on 4 June, making the Jackson scheme legally effective. Holding statements for new Scimitar shares are expected around 12 June, after the 10 June record date. The renaming to Cauldron Energy is expected before completion.

business combination

Federal Court approved the Jackson scheme on 3 June. Record date for Scimitar share entitlements is 10 June. Scimitar's renaming to Cauldron Energy (ASX:CXU), approved at the 18 May meeting, is expected before the scheme completes.

business combination

Post-merger, Cauldron Energy plans to raise up to $7.5m through Greenday convertible notes: 10% interest, maturing 31 July 2011, convertible at a 15% discount to the 20-day VWAP with a floor of 42.5c. Proceeds would redeem the $2.3m Dempsey notes and fund exploration.

capital raising announcement

Jackson shareholders approved the merger scheme at the 18 May meeting, with 98.4% of votes cast in favour. Federal Court approval hearing is set for 3 June. Clears the main shareholder vote in the merger.

business combination

Terms of the Jackson merger are set: one Scimitar share for every 7.5 Jackson shares. The independent expert found it in Jackson holders' best interests. Tony Sage is to be Executive Chairman, now stated rather than non-executive as earlier announced. Resolves the open question on consideration.

business combination

Scimitar raises $2.3m through a secured convertible note from Dempsey Resources, 12% interest, repayable 24 March 2010, convertible at 15c with shareholder approval. Funds go to exploration and the Jackson merger. First debt on the books.

debt financing

Scimitar agrees to merge with Jackson Minerals (uranium, gold, base metals; Australia and Argentina) via a scheme, with Scimitar issuing shares for Jackson's. Tony Sage becomes non-executive chair; boards equal. Scimitar to issue a $2.2m convertible note. Terms and valuation to come.

business combination

Scimitar signs a farm-in JV on its 100%-owned Marree uranium project (SA, 2,575 sq km) with a Korean consortium led by KORES. They can earn up to 50% by spending $6.2m over three years. Conditions include FIRB approval; the consortium gets first rights to buy uranium at commercial prices.

farm in farm out agreement

Scimitar can earn 70% of the uranium rights in two Atomic Resources licences (440 sq km, about 30km south of Bennet Well) by spending $500,000 over three years, with a $100,000 minimum commitment. This lifts Yanrey to 2,307 sq km.

farm in farm out agreement

First JORC resource: Bennet Well, Yanrey, has an Inferred 4.8 million lb eU3O8 at 300ppm (150ppm cut-off) over 1.2 sq km. This resolves the long-awaited Hellman & Schofield estimate; the deposit remains open to the north and west.

resource reserve update

Scimitar is starting 10,000m of drilling in the Northern Territory, beginning with 6,000m of RC at Orange Creek in the Amadeus project, 25km south of the Angela and Pamela deposits now awarded to Paladin/Cameco. A 4,000m Eclipse aircore program follows.

drilling spud

Hellman & Schofield have been hired to produce an initial resource estimate for Bennet Well, Yanrey, after 2007 drilling of 131 aircore, 8 mud rotary and 8 diamond holes. No resource figure yet; it is the step toward a first Scimitar resource. Core test work continues.

resource reserve update

The 12,312m Bennet Well aircore program at Yanrey is complete, with best new results 3.36m @ 1,052 ppm (incl. 2.20m @ 1,468 ppm) and 0.60m @ 2,273 ppm eU3O8. Of 118 holes, 19 hit high grade. Both zones remain open; a 1,000m diamond program has begun.

drilling result

Drilling outlined a second high-grade zone at Bennet Well, 500m by 300m and open to the northwest and southeast, with intercepts such as 3.8m @ 1,392 ppm eU3O8. 103 holes (10,769m) are done; the program is expanded to about 12,000m.

drilling result

Drilling extended the Bennet Well high-grade zone over 700m by 400m, with intercepts including 3.8m @ 1,309 ppm and 1.5m @ 2,497 ppm eU3O8. 63 holes are done and the program is expanded from 8,000m to 10,000m.

drilling result

First results from the infill program at Bennet Well returned high grades, including 3.6m @ 967 ppm eU3O8 (incl. 1.5m @ 1,800 ppm) and 0.5m @ 2,261 ppm. 26 holes (2,767m) are done of the 8,000m program, due to finish by end October.

drilling result

An 8,000m, roughly 80-hole aircore program has started at Yanrey's Bennet Well, on 100x100m spacing over a 1x2km area. It tests continuity and seeks higher grades, following the earlier programs' best 2.5m @ 747 ppm eU3O8.

drilling spud

The $5.1m placement of 6 million shares at $0.85 has been completed, resolving the 5 June raising. Mega Uranium subscribed for 2.25m shares, about 5% of the enlarged company.

capital raising announcement

Exploration licence EL 24870 at Orange Creek (NT) was granted, resolving a pending item. Amadeus now holds three licences covering 2,780 sq km. Historical drilling hit 3.40m at 413 ppm eU3O8. Drilling awaits approvals, heritage clearances and a rig; the Angela and Pamela application is still contested.

asset acquisition disposition

Scimitar arranged a placement of 6 million shares at $0.85 to raise up to $5.1m, facilitated by Hartleys. Canada's Mega Uranium takes 2.25m shares, about 5% of the enlarged company. Settlement is expected around 10 July, subject to shareholder approval.

capital raising announcement

Scimitar arranged a private placement of up to 5,000,000 shares at $0.50 to raise up to $2.5 million, managed by Montagu Corporate, which also gets 1.0m options at $0.75. Funds go to uranium exploration including Eclipse and Glencoe drilling. Settlement is expected around 30 November.

capital raising announcement

The second Yanrey program (22 holes, 2,485m) expanded the mineralisation, best 1.75m at 695 ppm eU3O8 including 0.65m at 1,511 ppm at YNAC024. That hole sits 1km from other hits and may be a new area of higher grade needing more drilling. Grades are not yet lab-confirmed.

drilling result

Final five holes of the 22-hole, 2,181m Yanrey program gave the best result yet: 3.2m at 600 ppm eU3O8, including 1.0m at 1,340 ppm. Grades are from gamma logging, not yet lab-confirmed. A further 2,500m program is planned for early September.

drilling result

Interim Yanrey results: 17 holes for 1,622m of the planned 3,000m extended uranium mineralisation south at Bennett Well. Best intercepts were 2.6m at 465 ppm and 1.05m at 559.5 ppm eU3O8. Modest grades; drilling continues.

drilling result

The delayed 3,000m drill program has started at the Yanrey uranium project in WA, after weather and rig delays. A 489 line-km Hoist EM survey is complete and has clearly identified the Bennet channel, providing drill targets.

drilling spud

Scimitar arranged a private placement of up to $1 million, issuing up to 3,333,333 shares at $0.30, to fund a 3,000m air core drill program at Yanrey from early April. Brokers also receive 1.11 million options at $0.40.

capital raising announcement

Scimitar's 13-hole, 1,672m drill program at Vettersburg (Bardoc gold project, farm-in with Cazaly) found a new gold zone, with best intercepts of 9m at 2.8 g/t and 3m at 8.41 g/t. Stockade is only a first pass; more drilling is needed.

drilling result

Scimitar Resources (the company that later became Cauldron) was granted three exploration licences at its Eclipse Uranium Project in the Northern Territory, covering 3,735 sq km northwest of Alice Springs. Field mapping has found uranium anomalies and calcrete as a 2006 exploration focus.

regulatory community update