Thread: Aura Energy Update RCR confirms 5x upside recommendation
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Old 02-16-2022, 01:14 AM
Sparty Sparty is offline
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Default Aura Defines Vanadium JORC Resource at the Tiris Uranium Project, Mauritania
KEY POINTS:
• JORC Resource of 18.4 million pounds V2O5 defined within Aura’s low capex, low operating cost Tiris Uranium Project in Mauritania.
• 34% classified as Measured/Indicated Resource.
• The vanadium is contained within the mineral carnotite which also contains the uranium at Tiris.
• Metallurgical testwork indicates that the vanadium can be readily extracted at low additional cost.
• Production of a vanadium product stream is likely to significantly lower the effective cost per lb of U3O8.

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