17th Oct 2023 18:34
Aura Energy Ltd - London-based minerals company that holds projects in Mauritania and Sweden - Reports it has acquired additional radiometric survey data, reviewed historical drilling results, and identified strong indications of mineralisation extensions on Aura's existing tenements that could significantly expand Aura's current Tiris Project resource. Signs contracts for an exploration programme of 15,500 metre air core drilling over 78.1 kilometres squared on existing tenements, aiming to significantly increase the inferred mineral resource at the project by extending the existing resources. The mobilisation of the drilling contractor will commence on October 16, company says. Stresses there has been insufficient exploration of these targets to estimate a mineral resource, and it is uncertain whether this exploration effort will result in an estimation of a mineral resource.
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By Jeremy Cutler, Alliance News reporter
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