Aura Energy confirms uranium resource at Mauritania project
Australian based uranium explorer Aura Energy has confirmed a uranium resource of 50-million pounds at 330ppm U3O8 at its greenfield Reguibat project in Mauritania.
A total of 48.9 million pounds of this inferred resource are contained in permits 100% held by Aura.
The Reguibat Project comprises several, laterally extensive developments of calcrete uranium mineralisation in northern Mauritania.
Drilling covered all of Aura's wholly owned permits as well as its joint venture permits totaling over 9,100 metres.
The new resource for the Reguibat project has increased Aura's total mineral holdings to a total of 348-million pounds of uranium in the inferred category, across all of its projects in West Africa, Australia and Sweden.
The resource estimate has been conducted by mining consultant Coffey Mining.
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