Cauldron Energy Limited announced the commencement of drilling from within the recently cleared underground platform in the Tyrconnel Adit (or the Adit) at its prospective Blackwood Gold Joint Venture Project. Highlights: Cauldron has commenced the much-awaited second phase of underground drilling, with holes targeting historical high-grade zones of the interpreted south-plunging Western Leader Reef. Drilling follows recent geochemical mapping of the Tyrconnel Adit, with gold found in channel samples from the Western Leader.

Recent systematic channel sampling confirmed geochemical pathfinder vectors within an alteration halo of increasing arsenic (As), antimony (Sb) and silver (Ag)) associations with mineralised structures. New geochemical and structural understanding now allows significantly improved criteria for drill testing of Blackwood's narrow, high-grade gold vein systems.