Cauldron Energy (CXU) shareholder information
Shares
- Shares on Issue: 455,999,512
- Top 20 own: 69.6% of all shares on issue
Options
- 6,833,395 Options (exercise price: $0.03; expiry 31 Dec 2021)
- 16,666,666 Options (exercise price: $0.03; expiry 31 Mar 2022)
- 10,000,0000 Unlisted Options (exercise: $0.03; expiry 16-Sep-22)
- 6,000,0000 Unlisted Options (exercise: $0.05; expiry 16-Sep-23)
- 43,354,839 Options (exercise price: $0.05; expiry 30 Nov 2023)
- 9,000,000 Performance Rights (expiring 10 August 2025)
Director Held Shares/Rights/Options
Simon Youds
shares: 4,172,864
performance rights: 4.0 m
Jess Oram
performance rights: 2.0 m
Derrong Qiu
shares: 47,544,710
performance rights: 1.0 m
Judy Li
performance rights: 1.0 m
Chenchong Zhou
performance rights: 1.0 m
Performance Milestones
- the twenty day volume weighted average share price exceeds $0.05
- gross proceeds exceed $250,000 in any financial year
- the discovery of an Inferred Mineral Resource at Blackwood Gold Project exceeding 300,000 ounces of gold at cut-off grade of 2 g/t Au.
Cauldron Energy (CXU) sharemarket data
Exploration Overview
Blackwood Goldfield
vendor has systematically acquired and consolidated the goldfield which historically consisted of numerous small holdings
two tenements cover nearly the entire goldfield
significant historic gold producer – 220,000 oz (from a depth mostly less than 60m; above
water table)
Significant historic workings
Hundreds of historic workings within project area
Multiple historic reefs – massive historical gold production – seeds to further work
Most abandoned mines in the field are still in ore
activity interrupted by war and tough economic times (1890 and 1930 depressions)
equipment for pumping (at the time) not able to keep water out of mine
Mineralisation remains open
mineralisation largely not tested deep below water table
virtually no drilling below inferred depletion zone
Mineralisation remains open – a target rich gold environment
Operations Overview
The Blackwood Gold Project provides exceptional prospectivity and high potential of early cashflow
Exceptional high-grade gold prospectivity
multiple lines of Lode
historic goldfield mining stopped by lack of water pumping technology and lack of manpower due to WW1
Existing underground infrastructure only recently refurbished
existing access to known high grade mineralisation identified & worked in 1990’s
over 250 underground workings with >15 historical production shafts
head-start on capital requirement to access ore
Exceptional support infrastructure
accessible mains power
90 minutes from Melbourne airport and workforce
opportunities to enhance local tourism highlighting Victoria’s incredible underground mining heritage
Potential for high grade gold ore capable of being transported to distant process plants
Blackwood Goldfield has the potential to host large tonnage resources with high grade gold
