www.auraenergy.com.au
Aura Energy (ASX: AEE) is a uranium explorer with advanced projects in Sweden, West Africa and Australia. The company is focusing on two main projects: the Storsjön Project located in Sweden’s Alum Shale Province, one of the largest depositories of uranium in the world; and the highly prospective Reguibat Project in Mauritania. The company aims to create shareholder value by rapidly establishing resources and then completing feasibility studies on these two projects. Aura Energy is headquartered in Melbourne, Australia and has been listed on the ASX since May 2006.
Aura Energy completes drilling at Häggån, expects boost to uranium resources
Aura Energy (ASX: AEE) has completed an 11 hole drill program on the western side of its main permit at Häggån in Sweden and expects a substantial extension to the resource once assays are received in May.
Häggån is amongst the ten largest uranium resources in the world, yet the existing JORC first inferred resource of 291 million pounds of uranium (U3O8) is based on only 5% of the permit area, mainly in the eastern side, highlighting the projects resource upside potential.
The western mineralisation may have slightly different characteristics and drilling in the area has already identified extensive mineralisation.
The 2430 metres of new drilling is testing for higher grades, mineralisation at or near the surface, or thicker areas at the the permit area.
Results will enable Aura to understand the alternatives for scoping study work on the uranium-molybdenum-vanadium project due to be completed later this year.
Aura also has other uranium projects in Australia and the highly prospective West Africa region.


















