Cauldron Energy confirms low-cost ISR uranium potential

Cauldron Energy (ASX:CXU) has released the results of its Scoping Study for the proposed Bennet Well Uranium operation, revealing the potential for a globally competitive and low-cost in-situ recovery (ISR) uranium operation. The Bennet Well Uranium Deposit is situated approximately 100 kilometers south of Onslow, Western Australia, and about 1,050 kilometers north of Perth.

The Scoping Study, supported by consultants from Ravensgate Mining Industry Consultants, as well as metallurgical and processing consultants at ANSTO and CSIRO, indicates promising financial returns for the project. With uranium markets on the rise, the Bennet Well operation’s strong economic figures underscore its significance within Cauldron’s broader Yanrey Uranium Project.

Key Highlights of the Scoping Study: Abundant Uranium Resources: The Bennet Well Mineral Resource (JORC 2012) contains approximately 30.9 million pounds (approximately 14,000 metric tonnes) of contained uranium oxide, with an Indicated plus Inferred Mineral Resource of 38.9 million tonnes grading 360 ppm eU3O8.

Production […]

Click here to view original web page at www.sharecafe.com.au

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.