Aura Energy to enhance uranium, estimate vanadium resource

Higher uranium confidence and a maiden vanadium resource are on the cards for Aura. Pic: The Road to El Dorado, Dreamworks Studios (2000). share

After a massive year of buildup at the already viable Tiris Uranium Project, Aura Energy shareholders are staring down first half returns as AEE readies for a regional exploration program aimed at enhancing resources as the company continues to transition from a uranium explorer to producer.

Aura Energy’s (ASX:AEE) fully permitted Tiris Uranium Project is now positioned to upgrade Inferred resources to the Measured and Indicated categories by reducing drillhole spacing within the Tiris East project area.

Drilling is set to commence in the first half of the year on areas of the current Inferred resource within the catchment area of the proposed plant site, as the company leans into its transition towards becoming a fully-fledged uranium producer.The previous resource drilling programme in 2017 focused […]

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