Aura Energy Ltd · ASX:AEE
Aura Energy — RIU Conference September 2019
21 slides from Aura Energy's conference presentation, Sep 20, 2019
Slide 1: De-Risked Projects Strongly Undervalued
AEE; ASX AURA; AIM De-Risked Projects Strongly Undervalued PETER REEVE EXECUTIVE CHAIRMAN 1 RIU Conference September 2019
Slide 2: Aura Energy Asset Base
AURA ENERGY ASSET BASE Completed Definitive Feasibility Study on the Fully Permitted Tiris Uranium Project Häggån Vanadium Project Scoping Study Imminent Release Exceptional Gold, Base and Battery Metals Exploration Tenements AEE; ASX 2
Slide 3: Aura's Investment Proposition
A U R A’ S I N V E S T M E N T P R O P O S I T I O N Two de-risked projects in good commodities – rare in a junior Uranium and Vanadium Gold, base and battery metals exploration – Kalgoorlie Comparison Aura - strongly undervalued: WHI Research A$72m vs A$10m Current Near term cashflow from
Slide 4: Tiris Uranium Shallow Trenching Reveals Mineralisation
TIRIS URANIUM SHALLOW TRENCHING R E V E A L S M I N E R A L I S AT I O N W AT E R D R I L L I N G S U C C E S S SHALLOW URANIUM M I N E R A L I S AT I O N FREE DIGGING MINING, NO DRILL AND BLAST PERMITTING IN A REMOTE DESERT REGION CALCRETE DEPOSIT WITH CARNOTITE URANIUM IN A WEATHERED GRANITE HOST
Slide 5: Tiris Uranium Project
TIRIS URANIUM PROJECT Operating Stats & Financials Definitive Feasibility Study: Fully Permitted for development Initial production 1 million lbs p.a. M A U R I TA N I A Capex US$63 million / C1 Opex US$25.40/lb U₃O₈ Key to low cash costs are : • Shallow Mining - 5 metres max • Ore Upgrade
Slide 6: Aura's Tiris Peer Comparison
A U R A’ S T I R I S P E E R C O M PA R I S O N Aura……….. DFS 29/7/2019 Ban’man…..DFS 10/4/2012 Vimy…………DFS 30/1/2018 Peninsula….DFS 17/9/2018 Berkeley……DFS 14/7/2016 Aura Energy Limited sources information on its peer group from entities that have released to the ASX definitive feasibility 6 studie
Slide 7: PFS Peer Comparison
P F S P E E R C O M PA R I S O N Boss – PFS 31/5/2017 Toro – PFS 16/1/2014 Aura Energy Limited sources information on its peer group from entities that have released to the ASX Pre feasibility 7 studies and the outcomes of the peer group’s DFS can be found at each entity’s website as well as on the
Slide 8: Häggån Vanadium Project - Sweden
Häggån Vanadium Project -ASweden U R A’ S I N V E S T M E N T P R O P O S I T I O N 8
Slide 9: Häggån Vanadium
H Ä G G Å N VA N A D I U M 15.1 billion lb Global Vanadium Resource High-Grade Vanadium Resource (HGV) defined HGV within 20 metres of surface and to 100 m depth Extensive study on completed on project Scoping Study release imminent Produce High Purity Vanadium Pentoxide (V2O5) suitable
Slide 10: Global Energy Storage
G L O B A L E N E R G Y S TO R A G E “Predicted global growth of energy storage between 2016 and 2030” (Bloomberg Energy Finance) 10
Slide 11: Häggån Vanadium IPO - Vanadis Battery Metals
H Ä G G Å N VA N A D I U M I P O - VA N A D I S B AT T E RY M E TA L S Aura intends to IPO Vanadis as a separate listing Maximise value to Aura shareholders and focus work in Sweden Current Structure Post-IPO ASX: AEE Aura ASX: AEE Aura New AIM:AURA Energy AIM:AURA Energy Shareholders 100% 70-80
Slide 12: Aura Gold, Base & Battery Metals in Mauritania
A U R A G O L D , B A S E & B AT T E RY M E TA L S I N M A U R I TA N I A Exceptional gold, base & battery metal properties Close to Kinross’ 20 Moz Tasiast Deposit Same geology as Kalgoorlie without the crowds 105 km under-explored virgin Archean greenstone belt Kalgoorlie region is proof
Slide 13: Tasiast South Gold & Base Metals
TA S I A S T S O U T H G O L D & B A S E M E TA L S 13 See ASX Announcement 3 April 2019
Slide 14: Tasiast South Versus Kalgoorlie Region
TA S I A S T S O U T H V E R S U S KALGOORLIE REGION 14
Slide 15: Tasiast Nickel & Cobalt Results
TA S I A S T N I C K E L & C O B A LT R E S U LT S Best cobalt (Co) drilling intercepts in; Very strong Nickel values over entire 1.6 km drill line 1 metre at 0.58% Co Cobalt tested only 1 in 10 samples 4 metre at 0.48% Co Strongest magnetics (white zones) not tested 1 metre at 0.46% C
Slide 16: Summary
Summary; • Excellent fully permitted Uranium Project at financing stage • Large & valuable vanadium project – Scoping study imminent • Exceptional gold, base and battery metal tenements • Two De-risked projects in a very under-valued company AEE; ASX PETER REEVE EXECUTIVE CHAIRMAN preeve@auraee.com
Slide 17: Disclaimer
DISCLAIMER This document, any attachments and the oral presentation on the slides (together the "Presentation") have been prepared and a re being supplied to you by Aura Energy Limited (the "Company") solely for information purposes in connection with a potential offering of securities by the Compan
Slide 18: Tiris Uranium Resources
TIRIS URANIUM RESOURCES Cut-off Grade U,08 ppm Measured Indicated Inferred Measured Indicated Inferred Measured Indicated Inferred Tonnes/Mt U0, ppm U;0, (MLBS) 18
Slide 19: Häggån Resources
HÄGGÅN RESOURCES Global Inferred Resource of 15.1 billion tonnes V2O5 at 0.26% (0.1% cut-off) At 0.4% cut-off, Inferred Resource is 90 million tonnes at 0.42% V2O5 Includes contiguous high-grade zone of 49 million tonnes at +0.4% V2O5 between 20 and 100 metres depth Häggån Project Inferred Res
Slide 20: Notes to Project Descriptions
N O T E S TO P R O J E C T D E C R I P T I O N S There is a low level of geological confidence associated with inferred mineral resource and there is no certainty that further exploration work will result in the determination of indicated measured resource or that the production target will be reali
Slide 21: Competent Person
Competent Person • Aura Energy Limited wishes to refer readers to the following announcements where exploration results and estimates of mineral resources have been previously reported, comprising ASX announcement on 29 July 2019 Tiris project Definitive Feasibility Study, ASX Announcement on 25 Oct