Cauldron Energy (ASX:CXU) has welcomed senior representatives from Uzbekistan’s national uranium company Navoiyuran and the Ministry of Mining Industry and Geology to its Yanrey Uranium Project in Western Australia.
The site visit follows Cauldron’s trip to Uzbekistan in March and April this year and represents a technical due diligence step as the parties work towards executing formal documentation.
Navoiyuran operates with more than 30 years of experience developing and operating in situ recovery (ISR) uranium mines and ranks among the world’s largest uranium producers.
The visit coincided with completion of Cauldron’s 2026 drilling program, which comprised 10,506m across 100 holes over 76 days. The program achieved success by demonstrating the linking of Paladin Energy‘s (ASX:PDN) Manyingee deposit with Cauldron’s Manyingee North deposit.
Drilling also extended Manyingee North northwards by approximately 2,500m and 550m to the south onto tenement E09/2896, quadrupling the strike length. Additionally, it extended the Manyingee South deposit approximately 2,500m upstream beyond the limits of the 2026 mineral resource estimate polygon.
CEO Jonathan Fisher says the visit provided representatives with the opportunity to view the scale of the Yanrey Project and examine geology, outcrop, cuttings, and drill core.
“The visit by senior representatives from Navoiyuran and MINGEO follows a visit to Uzbekistan by Cauldron earlier this year, which I personally found extremely interesting and helpful as we build our knowledge of the ISR mining technique and learn from global leaders in the field,” Fisher says.
The parties are headed to the Global Uranium Conference before travelling to Canberra for government meetings. The visit aims to further the relationship as the parties work towards formal documentation covering technical assistance, operating models, and funding arrangements.
Cauldron entered into a memorandum of understanding with Navoiyuran in September 2025, which envisaged executing formal documentation once further work had been completed.
The Yanrey Project covers approximately 1,493km² located about 100km south of Onslow. The project extends for at least 140km in length, of which Cauldron holds approximately 80km under granted tenement.
Cauldron Energy is a uranium-focused company owning 100% of the Yanrey Project in WA.
Write to Paula Fabe at Mining.com.au
Main image: Cauldron Energy
