Aurora Energy Metals Limited (ASX:1AE)

Greg Cochran
MD
Market Cap (AUD): 23.3M
Sector: Unclassified
Last Trade (AUD): 0.2 +0 (+0%)
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1. About

Aurora Energy Metals Limited (ASX:1AE) is focused on the exploration and development of its Aurora Project in Oregon, USA. 

The Project hosts a defined uranium resource and is prospective for lithium. The Company will conduct exploration and evaluation programs to assess the potential of both minerals.

  • The Company has a 100% legal and beneficial interest in granted Mining Claims in southeast Oregon, USA that constitutes the Aurora Energy Metals Project.
  • The Project hosts a JORC Code uranium Indicated and Inferred Resource and is further prospective for uranium and lithium.
  • The USA is a first-world jurisdiction with the Project being located in an historical mining district with good infrastructure including access roads.
  • Both uranium and lithium are important minerals as part of a clean energy transition of shifting away from fossil fuel sources to a low carbon future. Nuclear energy requires uranium and this energy provides reliable emissions free baseload power in many countries while lithium is a critical mineral important to the clean energy transition with primary use in lithium-ion batteries for electric cars, storage and mobile devices.
  • The Board and Management team together have relevant skill and experience including in mineral exploration, resource development, mining approvals, mining and in capital market funding.
  • The Company plans to pursue an active exploration and evaluation program including drilling.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk