Key Highlights

  • Cauldron Energy (ASX:CXU) closed at $0.052, down 1.89%, on 26 October 2026.
  • Senior representatives of Navoiyuran and Uzbekistan's MINGEO visited the Yanrey Project.
  • The CY26 drill program totalled 10,506 m across 100 holes in 76 days.

Cauldron Energy Ltd (ASX:CXU) closed at $0.052, down 1.89%, in the Trading session on 26 October 2026, while the S&P/ASX 200 closed at 8,809.9, up 0.17%, and the S&P/ASX 200 Energy index gained 0.92%. Cauldron is a Subiaco-based uranium explorer with the Yanrey Project in Western Australia.

Site Visit Reported on 6 October 2026

Cauldron welcomed senior representatives of Navoiyuran, Uzbekistan's national uranium company, and the Uzbekistan Ministry of Mining Industry and Geology to the Yanrey Project. Navoiyuran has more than 30 years of experience developing and operating in-situ recovery uranium mines. The visit follows Cauldron's trip to Uzbekistan in March and April 2026 and is described as a technical Due Diligence step towards more formal and binding documentation under an MOU signed in September 2025, covering technical assistance, operating model and funding.

The delegation then travelled to Adelaide to address the Global Uranium Conference before meeting government in Canberra.

CY26 Drill Program Results

The CY26 drill program comprised 10,506 m across 100 holes over 76 days. Cauldron cites three achievements: demonstrating linkage of Paladin's Manyingee Deposit with Cauldron's Manyingee North Deposit, extending Manyingee North by about 2,500 m north and 550 m south onto a recently acquired tenement, quadrupling its strike length, and extending Manyingee South about 2,500 m Upstream beyond the 2026 resource polygon.

The CY26 drill program completion was announced separately on 6 October 2026. Cauldron's chief executive said he was pleased to welcome the visitors, and the delegation's itinerary included the Global Uranium Conference in Adelaide and meetings with government in Canberra.

About Cauldron Energy

Cauldron Energy Limited (ACN 102 912 783) is based in Subiaco, Western Australia, and holds the Yanrey Project, which includes the Manyingee North and South deposits.

Navoiyuran is described as one of the world's largest uranium producers, and the company's MOU with it, signed in September 2025, envisaged formal documentation after further work including specifics around technical assistance, operating model and funding.

Risks and Catalysts on Watch

No binding agreement with Navoiyuran exists yet, and the MOU envisages further work on technical assistance, operating model and funding.

Wrapping Up

Cauldron completed a 100-hole drill program and hosted a prospective partner. The shares closed down 1.89% on 26 October.