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Aurora Energy Metals

Aurora Energy Metals

  • Location: USA
  • 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.

Aurora Energy Metals
  • asx: 1ae

    • -0.01 (-6.45%)

* Based on previous 24 hours performance

  • asx: 1ae

    • -0.015 (-9.38%)

* Based on previous 7 days performance

  • asx: 1ae

    • -0.075 (-34.09%)

* Based on previous 12 weeks performance

  • asx: 1ae

    • -0.14 (-49.12%)

* Based on previous 12 months performance

Open 0.15000 Volume 457889
High 0.15500 52w High 0.41000
Low 0.14000 52w Low 0.12500
Close 0.14500

* 09 February 2023 (AUD)