Aura Energy Ltd · ASX:AEE

Aura Energy — Paydirt Uranium Conference 2007

18 slides from Aura Energy's conference presentation, March 2007

  1. Slide 1: Uranium discoverers

    Uranium discoverers

  2. 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

  3. 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

  4. Slide 4: Aura Energy Board

    Aura Energy Board Chairman: Brett Fraser Managing Director: Bob Beeson Directors: Simon O’Loughlin Jay Stephenson

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

  11. 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

  12. 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

  13. 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

  14. Slide 14: Prime tenement holding over Gunbarrel channels

    Prime tenement holding over Gunbarrel channels

  15. 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

  16. 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

  17. Slide 17: Unconformity type uranium - alteration

    Unconformity type uranium - alteration

  18. 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

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