Aura Energy Ltd · ASX:AEE
Aura Energy — Paydirt Uranium Conference 2007
18 slides from Aura Energy's conference presentation, March 2007
Slide 1: Uranium discoverers
Uranium discoverers
Slide 2: Achievements – Aura transformed since listing in May 2006
Achievements – Aura transformed since listing in May 2006 Built a team with serious exploration experience Defining an inferred resource at Wondinong Significant land position in 3 provinces Active programme to identify opportunities in Australia and overseas
Slide 3: AEE Capital Structure
AEE Capital Structure SECURITY NUMBER Fully Paid Ordinary Vendor/ Promoter/ Seed 11,000,000 Public 25,000,000 TOTAL 36,000,000 Options Entitlement Options($0.20) 18,000,000
Slide 4: Aura Energy Board
Aura Energy Board Chairman: Brett Fraser Managing Director: Bob Beeson Directors: Simon O’Loughlin Jay Stephenson
Slide 5: Aura's strength: Its exploration team
Aura’s strength: Its exploration team Uranium discoverers One of the most experienced exploration teams of any junior – Uranium experience in Australia, Asia and Africa
Slide 6: Significantly expanded land position
Significantly expanded land position Substantial presence in 2 >50,000t uranium provinces: – Yilgarn calcrete province – Exceptional land holding in the Gunbarrel Basin Kimberleys unconformity targets
Slide 7: Calcrete uranium tenement holdings
Calcrete uranium tenement holdings Yilgarn calcrete - 3rd largest uranium province in Australia based on contained U3O8 – Yeelirrie 52,500 tonnes U3O8 20 target areas, 2200 square kilometres 440 kilometres of channel Aura tenements all within the GA region of “hot granites” Targets within
Slide 8: Wondinong uranium deposit
Wondinong uranium deposit Wondinong-Radiometric discovery by WMC in 1971 Uranium anomalous area covers 20 square kilometres Initial testing of 14 km2 completed in 2 drill programmes
Slide 9: Continuing programme to define inferred resource at Wondinong
Continuing programme to define inferred resource at Wondinong 335 drill hole programme completed 202 holes have eU3O8 values above 100ppm (60% of holes) 94 Aura drill holes contain above 200ppm eU3O8 (28% of holes) Coherent >200ppm U zones with lateral continuity 2 km 2 km
Slide 10: Uranium mineralisation
Uranium mineralisation Open to north, northwest and south Majority of holes have higher assay than logged U values Most northerly line has given the best results
Slide 11: Altona
Altona 115 km of channel 2 uranium occurrences 80% of channel not drill tested – Untested radiometric anomalies Puncture Well zone 5 km long – Poorly tested because of drilling difficulties – Deeper zone (>7m) of unknown size 18 additional calcrete targets to be tested in the Yilgarn
Slide 12: Gunbarrel Basin JV: Sandstone-hosted uranium
Gunbarrel Basin JV: Sandstone-hosted uranium Gunbarrel Basin – a major, but largely untested uranium province Known for its large individual deposits – Mulga Rock 46,000t U3O8 – Ponton “15,000-20,000t U3O8” Poorly explored, even around Ponton/Mulga Rock Aura has the largest land holding in t
Slide 13: Gunbarrel Basin
Gunbarrel Basin Western part of Eucla Basin palaeochannels Known uranium deposits order of magnitude larger on the WA side of the basin Excellent Yilgarn source rocks
Slide 14: Prime tenement holding over Gunbarrel channels
Prime tenement holding over Gunbarrel channels
Slide 15: Gunbarrel Basin targets
Gunbarrel Basin targets Aura has acquired an outstanding land position No reported exploration in the Neale, Carlon and Junction Projects The Gunbarrel Projects are now a joint venture with Mega Redport
Slide 16: Kimberley Basin
Kimberley Basin Aura has an extensive ground position over a newly discovered uranium province Areas selected on the basis of exceptional U channel responses 5 exploration licence applications Strong, semi-continuous radiometric features
Slide 17: Unconformity type uranium - alteration
Unconformity type uranium - alteration
Slide 18: The immediate future
The immediate future Plan to complete the definition of an inferred resource at Wondinong at the earliest opportunity Drill test the Altona uranium system and other calcrete targets Major programme of airborne geophysics and drilling to identify targets in the Gunbarrel Progress the Kimberle