Cauldron Energy Secures Two Western Australian Government Grants
MT Newswires Live
Apr 27
Cauldron Energy (ASX:CXU) secured co-funded drilling and geophysics grants amounting to AU$217,750 under the Western Australian Government's Exploration Incentive Scheme for programs to be conducted at its Yanrey project, according to a Monday filing with the Australian bourse.
The company received a co-funded geophysics grant of up to AU$78,500 for follow-up passive seismic surveying at the project and a co-funded drilling grant of up to AU$89,250 for first-pass exploration drilling in the Ashburton East region, the filing said.
A further AU$50,000 allowance is available under this round of the scheme, per the filing.
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