First uranium resource in Mauritania – 50 million pounds
\nHIGHLIGHTS
\n\uf0b7 Initial resource of 50 Mlbs of uranium at an average grade of 330ppm U3O8 compliant with the JORC code
\n\uf0b7 Reguibat project contains one of the world\u2019s larger calcrete uranium resources \u2013 confirming emerging uranium province
\n\uf0b7 Continuous higher grade zones at or close to surface within resource areas
\n\uf0b7 Potential for substantial increase to resource
\n\uf0b7 Resource estimate independently prepared by Coffey Mining Ltd
\n\uf0b7 Aura continues to deliver on strategy and on time<\/p>\n
Aura Energy (AEE) is a uranium explorer with advanced projects in Sweden, West Africa and Australia. The company is focusing on two main projects: the H\u00e4gg\u00e5n Project located in Sweden\u2019s Alum Shale Province, one of the largest depositories of uranium in the world<\/em>; and the highly prospective Reguibat Province in Mauritania<\/strong>.<\/p>\n The company aims to create shareholder value by rapidly establishing resources and then completing feasibility studies on these two projects. Aura Energy is headquartered in Melbourne, Australia and has been listed on the ASX since May 2006.<\/p>\n I hold AEE and as previously discussed I think it is one of the safer ASX listed uranium plays as it is free from the Australian sovereign risk issues with our new senate.<\/p>\n","protected":false},"excerpt":{"rendered":" First uranium resource in Mauritania – 50 million pounds HIGHLIGHTS \uf0b7 Initial resource of 50 Mlbs of uranium at an average grade of 330ppm U3O8 compliant with the JORC code \uf0b7 Reguibat project contains one of the world\u2019s larger calcrete uranium resources \u2013 confirming emerging uranium province \uf0b7 Continuous higher grade zones at or close … Continue reading “Aura Energy (ASX: AEE) Mauritania Initial resource of 50 Mlbs of uranium”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-657","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/comments?post=657"}],"version-history":[{"count":0,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/657\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/media?parent=657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/categories?post=657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/tags?post=657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}