AEE 3.33% 15.5¢ aura energy limited

What News are we Expecting?, page-4

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    Last Quarterly KEY POINTS:

    TIRIS PROJECT (Mauritania)

    • Environmental Approval received for Tiris Uranium Project
    • Definitive Feasibility Study (DFS) for Tiris continued
    • Planning for Resource upgrade undertaken
    • Hippolyte South and other tenements granted – high potential

    HÄGGÅN BATTERY METALS (Sweden
    )
    • Aura to separately list Häggån Polymetallic asset in new international IPO
    • Häggån Battery Metals will fully exploit large multi-metal resource
    • Vanadium price has increased 146%% since June 2017 – currently 12.80/lb V2O5
    • Vanadium is a key project focus as the Häggån deposit value is predominantly in
    vanadium
    • Other Battery Metals and base metals of cobalt, copper, uranium, molybdenum,
    nickel, zinc and neodymium also to be a focus
    • IPO is expected to realise significant value accretion to Aura
    • Häggån tenement extension granted for 5 years

    TASIAST SOUTH GOLD PROJECT (Mauritania)

    • Grant of gold and base metal tenements remained outstanding at quarter end
    • Government has advised the tenement will be granted soon
 
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