Aurora Energy Metals (ASX: 1AE)

Scoping Study Completed at USA’s Largest, Measured Uranium Deposit   Aurora Energy Metals (ASX:1AE) is pleased to advise that the Aurora Uranium Project scoping study has been completed, confirming the project as technically de-risked and demonstrating a feasible pathway to developing the USA’s largest, measured uranium deposit. Highlights:  Potential 11-year life of mine (LoM), producing 1.15Mlbs per annum of U3O8. Pre-production capital of US$161m (AU$248m) and cash operating costs of US$46.10/lb U3O8 (scenario using contract resin treatment). Production target of 12Mlbs U3O8, all from Measured and Indicated Mineral Resources within the 19.2Mlb High Grade Zone of the total Resource. Approximately 97% of the scheduled throughput over the first 10 years of production within the Measured Mineral Resource category. 2 Mtpa Run of Mine (RoM) production rate targeted over the LoM, with a strip ratio of 2.1:1. No federal, state or local regulatory or permitting issues have been identified that would preclude Project approval and Nevada processing plant location confirmed as a viable and practical solution.   Read the full announcement on ProjectBank ARRANGE A CALL WITH MANAGEMENT Managing Director, Greg Cochran is an experienced international mining executive with over 30 years’ experience in technical and commercial roles, general management and executive positions globally. He has extensive uranium experience, having spent four years with Uranium One Inc (2006-09). Read more... Aurora Energy Metals’ (ASX: 1AE) vision is to produce minerals critical to the USA’s clean energy transition. The Company is developing its unique flagship, the 100% owned Aurora Energy Metals Project in South-East Oregon. The Project consists of a large, well-defined uranium resource with lithium mineralisation in the lakebed sediments above and surrounding the uranium deposit. With bi-partisan support for nuclear and EV’s, local support for the development of uranium and lithium mines in the USA has never been stronger. Visit Aurora's Page and Project Summary Project Bank enables mining and energy companies to share financial and technical information with sector-specific investors throughout key stages of exploration and development. For further information, please contact marc@projectbank.net

This email was sent to << Test Email Address >> why did I get this?    unsubscribe from this list    update subscription preferences Fundexa Corporation · Stone & Chalk, Level 4 · 11 York Street · Sydney, New South Wales 2000 · Australia