Aura Energy Confirms Positive Results

Aura Energy (ASX:AEE) announced confirmation of uranium oxide extractions of 80-85 percent at its Haggan uranium project.

As quoted in the press release:

In Aura’s scoping study announced in May this year, a conservative 75 per cent extraction was applied in economic modelling resulting in an estimated net present value of 10 per cent of $1.85 billion. These new results strongly support earlier findings and indicate that higher extractions `may be achieved.

Click here to read the Aura Energy (ASX:AEE) press release.