Cauldron Energy Ltd (ASX:CXU)'s Simon Youds tells Proactive they've started underground exploration drilling at its Blackwood Gold Project in the Central Victorian gold province. Cauldron is targeting historical high-grade gold mineralisation and multiple targets including materials left by historical miners as ‘low grade’ and down-dip extensions of extreme high grades mined in the 1800s.
Cauldron Energy 'kicking goals' as underground exploration drilling commences at Blackwood