Aura Energy Ltd · ASX:AEE
Aura Energy — Investor Presentation (February 2022)
27 slides from Aura Energy's investor presentation, Feb 16, 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 16 February 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 a producer at the low capex and low operating cost Tiris Uranium Project, to meet the increasing demand for uranium, as the world shifts towards a decarbonised global energy system. In
Slide 4: 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 5: Project Overview: Tiris Uranium – Mauritania
PROJECT OVERVIEW WORLD CLASS PROJECTS FOR THE ENERGY TRANSITION TIRIS URANIUM – MAURITANIA – 85% HIGH GRADE BATTERY METALS • Low Capex and Low Operating Cost with updated Capital Estimate and DFS [1] • Recent resource upgrade of 10% or 5.0 million lb U3O8 bringing the total JORC Resources to 56 Mlbs
Slide 6: Project Overview: Häggån Vanadium and Gold
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 • 1.1 Billion lb High-Grade
Slide 7: 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 8: Nuclear – Carbon Free Energy
NUCLEAR – CARBON FREE ENERGY CRITICAL TO NET ZERO CARBON EMISSION TARGETS EUROPEAN UNION UNITED STATES • Taxonomy on climate change mitigation will • Largest consumer of uranium with no domestic drive investment in the sector, with Nuclear supply Energy classified as a ‘Sustainable • US Bipartisal I
Slide 9: Tiris Uranium Project
TIRIS URANIUM PROJECT bent LS
Slide 10: 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 11: 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 12: 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 13: Expanding the Resource
EXPANDING THE RESOURCE Tiris project exploitation licence and resources by Hippolyte resource by category – demonstrating regions for in-fill drilling 13 12 category
Slide 14: Tiris Competitive Advantage
TIRIS COMPETITIVE ADANTAGE Tiris Uranium Project 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$25.43/lb U3O
Slide 15: Häggån Vanadium Project
HAGGAN VANADIUM PROJECT . Ca
Slide 16: Häggån Vanadium Project
HÄGGÅN VANADIUM PROJECT HIGH GRADE VANADIUM PROJECT HIGHLIGHTS • 100% owned 15.2 Billion lb Global Vanadium Resource1 • 1.1 Billion lb High-Grade V2O5 Zone Sweden • 124 Mt @ 0.43% V2O5 • Shallow Mine 20 to 100m • Scoping Study costs complete ADDITIONAL INITIATIVES • Swedish Gov driving Green Metal t
Slide 17: Archaean Greenstone Gold
ARCHAEAN ARCHAEANGREENSTRONE GREENSTONE GOLD
Slide 18: Aura's Gold Assets
AURA’S GOLD ASSETS ARCHAEAN GREENSTONE GOLD • Archaean Greenstone Gold represents one of the last great opportunities in the world for exploration on a single large tract of Archaean greenstone geology. • With the 20 Moz operating Kinross-owned Tasiast Mine operating just 36 Km away this belt is hig
Slide 19: Contact
CONTACT CONTACT Will Goodall Acting CEO wgoodall@auraee.com Jane Morgan Investor & Media Relations jm@janemorganmanagement.com.au +61 405 555 618 19
Slide 20: Aura Energy Competitive Advantage: Near Term Uranium Producers
AURA ENERGY COMPETITIVE ADVANTAGE NEAR TERM URANIUM PRODUCERS Aura Bannerman Energy Boss Energy Global Atomic Energy Fission Denison Paladin Energy NexGen Stock Code ASX:AEE ASX:BOE TSE:GLO ASX:BMN TSE:FCU NYSE:DNN ASX:PDN TSE:NXE Mkt cap (AU$)* $127m $568m $698m $241m $581m $1,396m $1,940m $2,988m
Slide 21: 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 22: 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 23: 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 23
Slide 24: 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 25: Häggån Project - Global Inferred Resources
APPENDIX HÄGGÅN PROJECT - GLOBAL INFERRED RESOURCES • Global Inferred Resource of 15.2 billion lbs V2O5 at 0.27% (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 d
Slide 26: 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 27: 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