Cauldron Energy (ASX:CXU) has appointed Judy Li as a non-executive director of the company with effect from 17th December 2014.
This follows Anson Huang stepping down as a non-executive director of the company.
Earlier this month, the company’s drilling delineated a zone of high grade uranium mineralisation peaking 2,500ppm eU3O8 at the Bennet Well East area of its wholly-owned Bennet Well deposit in Western Australia.
The greater than 500ppm eU3O8 contour covers an area 500 metres by 175 metres.
This has prompted the company to mobilise a core rig to facilitate and fast-track field leach trials.
Cauldron will investigate the economic potential of this zone of high-grade mineralisation in Bennet Well East.
The Bennet Well Central and South resource areas remain to be drilled in this program.
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