Cauldron Energy Defines New Targets From Reprocessed Passive Seismic Data at Yanrey Uranium Project

MT Newswires Live
08/18

Cauldron Energy (ASX:CXU) said Southern Geoscience has reprocessed historic passive seismic data collected over the Bennet Well area of its Yanrey uranium project in Western Australia, providing "excellent" definition of the Bennet Well palaeochannel and surrounding areas, according to a Tuesday Australian bourse filing.

The company said the reprocessed data has extended the newly discovered Yanrey palaeochannel a further three kilometers upstream and determined that the untested Yanrey palaeochannel is linked to the Bennet Well estuary via the Bennet Well South palaeochannel.

Several small untested potential extensions to the Bennet Well deposit are evident in the seismic imagery, while a newly discovered tributary named the Bennet Well West channel extends westwards, linking the Bennet Well deposit to the Yanrey palaeochannel, the filing added.

Further infill passive seismic is planned for the Bennet Well deposit to better define the new target areas and infill gaps, it added.

The company's shares fell 4% in recent Tuesday trade.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10