Aura Energy Ltd · ASX:AEE
Aura Energy — Investor Presentation (March 2022)
20 slides from Aura Energy's investor presentation, Mar 10, 2022
Slide 1: Transitioning from Explorer to Long Term Producer at Tiris Uranium Project
ASX:AEE AIM:AURA Transitioning from Explorer to Long Term Producer at the Low-Capex, Low-Opex Tiris Uranium Project in Mauritania. Investor Presentation 10 March 2022
Slide 2: Disclaimer
DISCLAIMER This document, any attachments and the oral presentation on the slides (together the "Presentation") have been prepared and are being supplied to you by Aura Energy Limited (the "Company") solely for information purposes. The information and opinions in this Presentation or any other mate
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT Aura Energy (ASX:AEE) has undergone a strategic transformation to transition from an explorer to producer at the low capex and low operating cost Tiris Uranium Project in Mauritania, to meet the increasing demand for uranium, as the world shifts towards a decarbonised global energ
Slide 4: Board and Management
BOARD AND MANAGEMENT PHIL MITCHELL – NON-EXECUTIVE CHAIRMAN • Significant experience in mining M&A having held former roles as Head of Business Development and Strategy at Rio Tinto. Former CFO of Rio Tinto Iron Ore, member of the Executive Committee at Anglo American, and headed acquisitions for bi
Slide 5: Nuclear – Carbon Free Energy
NUCLEAR – CARBON FREE ENERGY CRITICAL TO NET ZERO CARBON EMISSION TARGETS EUROPEAN UNION UNITED STATES • More countries are turning to and rethinking • Largest consumer of uranium with no domestic nuclear energy to secure low cost energy supply supply amid the current geopolitical situation • US Bip
Slide 6: Project Overview
PROJECT OVERVIEW WORLD CLASS PROJECTS FOR THE ENERGY TRANSITION TIRIS URANIUM – MAURITANIA – 85% HIGH GRADE BATTERY METALS Tiris • Low Capex and Low Operating Cost with updated Capital Estimate and DFS [1] Uranium • Recent resource upgrade of 10% or 5.0 million lb U3O8 bringing the total JORC Projec
Slide 7: Tiris Investment Highlights
TIRIS INVESTMENT HIGHLIGHTS Low Capex Current Capital Recent 10% Up to US$20m[1] Strategic Resource Vanadium and Low Estimate & Resource Project Offtake Board Upgrade JORC Operating Cost DFS Upgrade Debt Financing Restructure Programme Resource Capital cost of DFS Capital JORC Electrical utilities T
Slide 8: Tiris Competitive Advantage
TIRIS COMPETITIVE ADANTAGE PROJECT ATTIBUTES • Shallow flat-lying surface mineralisation (1-5 metres) • Low-cost mining (free digging) • Simple extraction method (92% in leach) KEY OUTCOMES OF THE STUDY • Low capital cost of US$74.8 million • Low C1 cash cost of US$25.43/lb U3O8 • All-In Sustaining
Slide 9: Low Capital & Operating Cost
LOW CAPITAL & OPERATING COST HOW DOES AURA ENERGY COMPARE TO PEERS? TIRIS URANIUM PROJECT OTHER URANIUM PROJECTS Significant drill and blast through the expensive use of explosives and other No Drill and Blast methods including gas pressure blasting pyrotechnics to break rock for excavation. Use sub
Slide 10: Expanding the Resource
EXPANDING THE RESOURCE • Regional exploration and Resource Enhancement Programme to commence at Tiris during the first half of 2022 with a focus on: • Resource Upgrade - Targeting expansion of the Measured / Indicated • A drilling programme will focus on portions of the current Inferred Resource wit
Slide 11: Expanding the Resource
EXPANDING THE RESOURCE Chee S~ re! | 1
Slide 12: Project Overview
PROJECT OVERVIEW WORLD CLASS PROJECTS FOR THE ENERGY TRANSITION HÄGGÅN VANADIUM – SWEDEN 100% GOLD, BASE AND BATTERY METALS HIGH GRADE BATTERY METALS CREATING FURTHER SHAREHOLDER VALUE • Large Vanadium (V2O5) Resource [1] • Archaean Greenstone Belt – Kalgoorlie / Tasiast look- • Inferred resources o
Slide 13: Contact
CONTACT CONTACT Will Goodall Acting CEO wgoodall@auraee.com Jane Morgan Investor & Media Relations jm@janemorganmanagement.com.au +61 405 555 618 13
Slide 14: Aiming to Be the Next Producer
AIMING TO BE THE NEXT PRODUCER CAPITALISING ON GROWING DEMAND FOR CARBON FREE ENRGY Transformational year for Aura Energy as the Company transitions to a uranium producer - project viable at the current pricing Regional exploration and Resources Enhancement Programme scheduled for H1 2022, aimed to
Slide 15: Gold and Base Metals in Mauritania
GOLD AND BASE METALS IN MAURITIANA TARGETING GOLD AND BATTERY METAL POTENTIAL • Aura secured exceptional gold and base metal properties early 2017, with three permits; Taet (100%), Bella (100%) and Nomads Farmin (Up to 70%) • 125 km2 of virgin Greenstone belt with little exploration and 36 km south
Slide 16: Gravity Survey
GRAVITY SURVEY ALLOWING FOR BETTER DEFINITION OF GEOLOGY AND INDENTIFICATION OF STRUCTURES • Gravity survey completed in August 20211 over all three Tasiast South tenements, allowing for better definition of geology, the identification of structures likely to be of relevance to gold deposition and t
Slide 17: West African Gold Province
WEST AFRICAN GOLD PROVINCE • Fastest growing gold production area • Many large (+5 M oz) deposits • Heavily explored except Mauritania • Tasiast (+20 M oz) discovered 1999 • Kinross acquired 2010 • Archaean greenstone belts globally follow a similar pattern 18
Slide 18: JORC Resource – Tiris Uranium Project
APPENDIX JORC RESOURCE -TIRIS URANIUM PROJECT Table 1: Tiris Resource Summary, August 2021 Table 2: Tiris East Resource Summary, August 2021. Cut-off Resource Clas Tonnes U3O8 U3O8 U3O8 Cut-off Tonnes U3O8 Class U3O8 (g/t) U3O8 (Mlb) U3O8 g/t Zone s (Mt) (g/t) (Mkg) (Mlb) U3O8 g/t (Mt) (Mkg) 100 All
Slide 19: Competent Persons Statement
COMPETENT PERSONS STATEMENT The Competent Person for resource information is Mr Neil Clifford. Mr Clifford has sufficient experience that is relevant to the styles of mineralisation and types of deposit under consideration to qualify as a Competent Person as defined in the 2012 edition of the ‘Austr
Slide 20: Competent Persons Statement and Compliance Statement
COMPETENT PERSONS STATEMENT Exploration information in this Announcement is based upon work undertaken by Mr Neil Clifford who is a Member of the Australasian Institute of Geoscientists (AIG). Mr Clifford has sufficient experience that is relevant to the style of mineralisation and type of deposit u