Aura Energy

Aura Energy is an Australian based uranium company focused on two wholly owned projects. The Häggån Project is hosted in Sweden's Alum Shale Province, which has been historically known as one of the largest depositories of uranium in the world. Uranium has been mined and extracted from the Shales since the 1960s and the mineralisation also contains significant amounts of molybdenum, vanadium, nickel and zinc. Additionally landownings in Maurtiania provide the Company with access to the highly prospective Reguibat Province in Mauritania, which is shaping up as a major emerging uranium province.

Aura has now released results from a Scoping Study on the Häggån Project. The study confirms the economic viability of the project as a bioheap leach project and indicates a very promising valuation for the Company, particularly in light of the increasing demand fundamentals accociated with uranium.