Avira Energy Ltd Stock Australian S.E.

Avira Resources Limited is an Australia-based mining exploration company. The Company holds two tenement packages (E45/5572 and E45/5567) within the Paterson Range province, which is host to various substantial gold, copper and manganese mines and deposits, including the Telfer gold-copper mine. The Avira projects are situated in the Yeneena basin, a sedimentary rock formation that hosts both the Nifty and Maroochydore copper deposits and the Woody Woody Manganese mine. The Puolalaki Project comprises a single exploration permit (Puolalaki nr 100) centered on a syn-orogenic gabbro intrusion that hosts the nickel mineralization. The project also includes significant, high-grade gold mineralization across two zones within the metasediments and metavolcanic surrounding the gabbro. The project is located in Sweden’s premier Gallivare mining district, which is host to Europe’s open-cut copper mine Aitik, owned by Boliden and to LKAB’s Malmberget iron-ore mine.