Aura Energy Ltd · ASX:AEE

Aura Energy — Conference Presentation (July 2007)

19 slides from Aura Energy's conference presentation, Jul 26, 2007

  1. Slide 1: Uranium discoverers

    For personal use only Uranium discoverers

  2. Slide 2: Acquisition, exploration and development on 3 continents

    Acquisition, exploration and development on 3 continents For personal use only „ 4 major programmes – Defining an inferred resource at Wondinong Drilled „ 590 holes in 3 drill campaigns – Major uranium resource anticipated in Sweden – Surveys to define drill targets underway in Gunbarrel JV – Africa

  3. Slide 3: AEE Capital Structure

    AEE Capital Structure For personal use only SECURITY NUMBER Fully Paid Ordinary Vendor/ Promoter/ Seed 11,000,000 Public 25,000,000 TOTAL 36,000,000 Listed Options Entitlement Options($0.20) 18,000,000

  4. Slide 4: Significantly expanded land position in Australia

    Significantly expanded land position in Australia For personal use only „ Substantial presence in 2 >50,000t uranium provinces: – 20 projects in the Yilgarn calcrete province – Exceptional land holding in the Gunbarrel Basin

  5. Slide 5: Continuing programme to define inferred resource at Wondinong

    Continuing programme to define inferred resource at Wondinong For personal use only „ Radiometric discovery by WMC in 1971 „ WMC reconnaissance drilling on 1500m lines „ Mineralisation over area at least 7 by 2 km „ 590 drill holes in 3 programmes „ 60% of previously completed holes have eU3O8 value

  6. Slide 6: Uranium mineralisation

    Uranium mineralisation For personal use only „ 28% of completed holes contain above 200ppm eU3O8 „ Open to north, northwest and south „ Majority of holes have higher assay than logged U values „ Most northerly line has given the best results to date

  7. Slide 7: The Swedish Alum Shale Projects

    The Swedish Alum Shale Projects For personal use only „ Aura has a significant landholding in the major Alum Shale uranium province of Sweden „ Alum Shale contains vast resources of uranium – Largest uranium province in Europe „ 77 million pounds of uranium in inferred resources within 1400 metres o

  8. Slide 8: The Alum Shale (2)

    The Alum Shale (2) For personal use only „ Government interpretation indicates that the mineralised Alum Shale extends into all of the Aura application areas „ Substantial credits from vanadium, molybdenum and nickel – No previous assessment of the Alum Shale has taken these into account „ Targeting

  9. Slide 9: Sweden Western applications: Intersections and outcrops

    Sweden Western applications Intersections and outcrops For personal use only „ Aura has applied for 40 square km of ground in its Marby and Häggån applications „ Alum Shale outcrops in both applications „ Average drill hole intersection on margins of applications is 77 metres at 200ppm U3O8/ 170ppm

  10. Slide 10: Marby section

    Marby section For personal use only 4m @ 189 ppm U, 339 ppm Mo 32m @ 198 ppm U, 345 ppm Mo 76m @ 166 ppm U, 289 ppm Mo Inc. 23m @ 203 ppm U, 351 ppm Mo

  11. Slide 11: Sweden Eastern areas

    Sweden Eastern areas For personal use only „ In-ground metal values are at their maximum for the district „ Better intersections occur in the uppermost part of the Alum Shale – Individual 2 metre samples have maximum values of 263ppm U and 0.046% Mo.

  12. Slide 12: Sweden Eastern Area section

    Sweden Eastern Area section For personal use only

  13. Slide 13: Comparison with other deposit types

    Comparison with other deposit types For personal use only „ Alum Shale has grades similar to alaskite- type deposits found at Rossing in Namibia. – Bannerman Resources Wel Witchia Project inferred resource of 27 million pounds at 186ppm U „ Overlap with grades for large calcrete deposits such as Tre

  14. Slide 14: The opportunity for Aura in Sweden

    The opportunity for Aura in Sweden For personal use only „ Sweden has more than 1000 years of mining history „ Power generation 50% nuclear „ Exceptional infrastructure – power, fresh water, transport – Rail through the applications „ Modern mining law with few impediments to exploration and develop

  15. Slide 15: Gunbarrel Basin JV: Sandstone-hosted uranium

    Gunbarrel Basin JV: Sandstone-hosted uranium For personal use only „ 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 lar

  16. Slide 16: Gunbarrel Basin

    Gunbarrel Basin For personal use only „ Known uranium deposits order of magnitude larger on the WA side of the basin „ No reported exploration in northern Projects „ Joint venture with Mega Redport „ Airborne surveys commenced

  17. Slide 17: Africa Alliance with GCM

    Africa Alliance with GCM For personal use only „ Global Coal Management – Project developers and managers – Extensive experience in Africa – Access to the London markets „ Gives Aura access to projects that would not be available to a junior „ Building on networks throughout the continent „ Exceptio

  18. Slide 18: The immediate future

    The immediate future For personal use only „ Sweden Alum Shale uranium project – Build project team – Commence metallurgical testwork – Drilling to confirm thickness and grades „ Define an inferred resource at Wondinong „ Drill test Lake Way South, Lake Moore and other calcrete targets „ Define dril

  19. Slide 19: Disclaimer

    Disclaimer For personal use only This presentation has been prepared to provide information on Aura Energy Limited’s projects. It is not intended as as an offer, invitation solicitation or recommendation with respect to the purchase or sale of any securities. This presentation should not be relied u

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