Highlights

  • Senior representatives of Navoiyuran and Uzbekistan's MINGEO visited the Yanrey Project.
  • Visit forms part of technical Due Diligence toward more formal arrangements.
  • 2026 drilling program completed: 10,506m across 100 holes.
  • Manyingee North strike length quadrupled through northern and southern extensions.

Cauldron Energy Limited (ASX:CXU) has hosted senior representatives from Navoiyuran, Uzbekistan's national uranium company, and the Ministry of Mining Industry and Geology (MINGEO) at its Yanrey Project in Western Australia. The visit is a step in the technical due diligence process as the parties work toward more formal contractual arrangements.

Strengthening the Navoiyuran Relationship

Navoiyuran has more than 30 years of in-situ recovery (ISR) uranium mining experience and is one of the world's largest uranium producers. The visit follows Cauldron's trip to Uzbekistan in March and April 2026 and builds on a Memorandum of Understanding signed in September 2025.

The delegation also travelled to Adelaide for the Global Uranium Conference and to Canberra for government discussions on potential Investment opportunities.

2026 Drilling Program Outcomes

The visit coincided with completion of Cauldron's 2026 drilling program of 10,506 metres across 100 holes over 76 days. The program demonstrated the geological link between Paladin's Manyingee Deposit and Cauldron's Manyingee North Deposit.

Manyingee North was extended about 2,500 metres north and 550 metres south onto tenement E09/2896, quadrupling its strike length. Manyingee South was extended about 2,500 metres Upstream beyond existing resource boundaries.

Observing the Project First Hand

The delegation examined geology, outcrop samples, drill cuttings and core to understand Yanrey's uranium system and assess drilling potential in unexplored areas.

CEO Jonathan Fisher said he was pleased to host the delegation and further Business and personal relationships, while cautioning that no guarantees can be given regarding investment outcomes.

Key Takeaways

  • The Navoiyuran and MINGEO visit advances technical due diligence under the 2025 MOU.
  • The 2026 program extended both Manyingee North and Manyingee South.
  • The company noted there is no certainty of investment outcomes.