{"id":777,"date":"2012-10-31T15:00:37","date_gmt":"2012-10-31T04:00:37","guid":{"rendered":"http:\/\/www.australianuranium.com.au\/blog\/?p=777"},"modified":"2012-10-31T15:00:37","modified_gmt":"2012-10-31T04:00:37","slug":"aees-haggan-project-now-the-second-largest-undeveloped-uranium-resources-in-the-world","status":"publish","type":"post","link":"https:\/\/www.australianuranium.com.au\/blog\/aees-haggan-project-now-the-second-largest-undeveloped-uranium-resources-in-the-world\/","title":{"rendered":"AEE&#039;s H\u00e4gg\u00e5n Project now the second largest undeveloped uranium resources in the world"},"content":{"rendered":"<p><strong>HIGHLIGHTS<\/strong><\/p>\n<ul>\n<li> Aura holds 853 Mlbs of uranium in inferred resources at its two main projects, H\u00e4gg\u00e5n (Sweden) and Reguibat (Mauritania) H\u00e4gg\u00e5n Project, Sweden<\/li>\n<li> The company has completed the first phase of its strategic review of funding and development options.<\/li>\n<li> Initial Exclusivity Agreement signed with potential strategic partner in August 2012<\/li>\n<li> Second, superior offer received in October<\/li>\n<li> New 3 month Exclusivity Agreement now in place<\/li>\n<li> H\u00e4gg\u00e5n inferred resource expanded to 803 million pounds U3O8 at a grade of 160ppm<\/li>\n<li> <strong>H\u00e4gg\u00e5n Project now the second largest undeveloped uranium resources in the world<\/strong><\/li>\n<li> Additional exploration target* of 440 to 840 million pounds U3O8 defined, demonstrating potential for significant additional resource increases<\/li>\n<li> Work continues on pre-feasibility study planning Mauritania, West Africa<\/li>\n<li> Removal of coarse material of Reguibat mineralisation increases grade of the product by a factor of three to 1,068ppm U3O8<\/li>\n<li> Opportunity for significantly reducing material volume and increasing uranium grade, which may lead to reduced capital and operating costs<\/li>\n<\/ul>\n<p><strong>More to come:<\/strong><br \/>\n<strong>With additional drilling, the resource base may increase by almost 100%.<\/strong> This potential quantity and grade is conceptual in nature and there has been insufficient exploration to define a Mineral Resource. It is uncertain if further exploration will<br \/>\nresult in the determination of a Mineral Resource.<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-776\" src=\"http:\/\/www.australianuranium.com.au\/blog\/wp-content\/uploads\/2012\/10\/aee-contained-metal.gif\" alt=\"aee-contained-metal\" width=\"876\" height=\"138\" \/><\/p>\n<p><a href=\"http:\/\/www.australianuranium.com.au\/blog\/wp-content\/uploads\/2012\/08\/uranium-comparisions-asx-aee-highlighted.gif\">AEE in terms of Mkt Cap\/Resources is now Australia&#8217;s cheapest uranium.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HIGHLIGHTS Aura holds 853 Mlbs of uranium in inferred resources at its two main projects, H\u00e4gg\u00e5n (Sweden) and Reguibat (Mauritania) H\u00e4gg\u00e5n Project, Sweden The company has completed the first phase of its strategic review of funding and development options. Initial Exclusivity Agreement signed with potential strategic partner in August 2012 Second, superior offer received in &hellip; <a href=\"https:\/\/www.australianuranium.com.au\/blog\/aees-haggan-project-now-the-second-largest-undeveloped-uranium-resources-in-the-world\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AEE&#039;s H\u00e4gg\u00e5n Project now the second largest undeveloped uranium resources in the world&#8221;<\/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-777","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/777","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=777"}],"version-history":[{"count":0,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/777\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/media?parent=777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/categories?post=777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/tags?post=777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}