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Cauldron Energy Strikes High-Grade Uranium at Yanrey Amid Rising Market Momentum

9:58am on Friday 30th of January, 2026 AEDT Mining
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Cauldron Energy Strikes High-Grade Uranium at Yanrey Amid Rising Market Momentum

9:58am on Friday 30th of January, 2026 AEDT
Key Points
  • High-grade uranium mineralisation discovered at Manyingee North and Cosgrove prospects
  • Yanrey Project resource estimate updates underway, results expected February 2026
  • Uranium spot price rallies near US$100/lb, driven by nuclear energy demand and AI data centre growth
  • Strong cash position of $4.47 million post option conversions, no immediate capital raising planned
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