URANIUM, GOLD AND BASE METALS
P R O J E C T D E V E L O P M E N T A N D P R E M I U M E X P L O R AT I O N
URANIUM, GOLD, BASE METALS IN A
FRICA AND EUROPE 1
A S X : A E E
AI M : A U R A C O R P O R A T E U P D A T E l O C T O B E R 2 0 1 7 l P E T E R R E E V E l E X E C U T I V E C H A I R M A N l
AURA SNAPSHOT
Developing high margin uranium/polymetallic projects;
- Tiris Uranium - Mauritania - DFS complete mid 2018
- Häggån Polymetallic - Sweden - Scoping Study; Battery metals potential
Both with attractive economics and resource upside
Gold and base metals exploration on greenstone belts set to commence
Battery Metal and other special metals gaining traction in Aura's portfolio
Tiris DFS - Exceptional amount of work completed 2017 year to date
ASX and AIM listed - committed long term shareholders
Uranium market a key opportunity over 2 years - substantial supply deficit
Gold and base metals exploration provides a bridge
AURA' S STRATEGY AND INVESTMENT PROPOSITION
Aura's clear strategy is as follows;
Tiris Uranium Project into production 2019
Gold and base metals to exploration bridge Tiris development phase
Häggån Polymetallic Project study work over next 2 years
Aura's Position in 2019/20;
Cashflow from Tiris as uranium price recovers
Exploration success - new gold/ base metal projects Häggån work adds significant asset value
PROJECT PORTFOLIO
C1 Cash costs US$13.50/lb U₃O₈[2]
803 Mlbs Inferred Resource
1 0 0 % O W N E D U R A N I U M & P O LY M E TA L L I C D E V E L O P M E N T P R O J E C T S
T I R I S M A U R I TA N I A - P O T E N T I A LP R O D U C T I O N & C A S H F L O W -
U R A N I U M
H Ä G G Å N S W E D E N - P O T E N T I A L
S C A L E / L O N G T E R M VA L U E -
P O LY M E TA L L I C
C1 Cash costs US$19.40/lb U₃O₈[1]
49 Mlbs Indicated / Inferred Resource
US$45m capital cost
★
US$537m capital cost
Battery Metals
Co, Ni, Cu, Mo, V, Nd
★
Potential for excellent margins at the Scoping Study price (US$65/lb)
[1] Tiris Scoping Study 16 July 2014 - optimised Sept 2017 [2] Häggån Scoping Study assumptions as release on 29 May 2012
Aura Energy Limited published this content on 11 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 October 2017 23:54:00 UTC.
Original documenthttp://www.auraenergy.com.au/investor/ASX Announcements/2017/Aura Energy Corporate Update October 2017.pdf
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