Aurora Energy Metals

  • Location: United States
  • Tickers: ASX:1AE
  • Commodities: Lithium, Uranium
  • Project Stages: Exploration

Aurora’s vision is to produce two minerals critical to the USA’s clean energy transition. The Company is ASX-listed (ASX:1AE, www.auroraenergymetals.com) and is focused on developing its unique flagship, the 100 per cent owned Aurora Energy Metals Project in South-East Oregon, USA. The Project boasts a well-defined uranium Mineral Resource with lithium mineralisation hosted in lakebed sediments discretely overlying and surrounding the uranium deposit.

After raising an oversubscribed A$8 million in its IPO, Aurora listed in May 2022 and has demonstrated its ability to move quickly. It conducted successful lithium assays of historical core, actively engaged with a multitude of project stakeholders and recently completed a drilling campaign targeting potential extensions to the uranium mineralisation as well as better defining lithium mineralisation.

The Company recently announced a 34% increase in its total Uranium Resource, to 50.6Mlb U3O8, making the Aurora Uranium deposit the largest, mineable, Measured & Indicated Uranium Resource in the USA. The Company also acquired an ideal site for a potential plant and tailings facility in neighbouring Nevada. The site is less than 10 miles from the Project with excellent infrastructure, such as direct access to hydro-generated grid electricity.

Aurora is awaiting uranium and lithium assay results from its recent drill program whilst progressing the permitting of its 2023 drilling campaign.

  • asx: 1ae

    • -0.015 (-9.68%)

* Based on previous 24 hours performance

  • asx: 1ae

    • 0.005 (3.7%)

* Based on previous 7 days performance

  • asx: 1ae

    • 0.081 (137.29%)

* Based on previous 12 weeks performance

  • asx: 1ae

    • -0.055 (-28.21%)

* Based on previous 12 months performance

Open 0.14500 Volume 803735
High 0.15000 52w High 0.24000
Low 0.14000 52w Low 0.05300
Close 0.14000

* 03 October 2023 (AUD)

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