Aura Energy Limited (AU:AEE) has released an update.
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Aura Energy Limited has announced a significant 49% increase in its Ore Reserve estimate for the Tiris Uranium Project, now totaling 62.8Mt at 243ppm U3O8, with 33.6Mlb of contained U3O8. This update comes as part of strategic progress in preparation for the Final Investment Decision expected in early 2025, with engineering firm Wood set to lead the project’s development. The advancements in resource classification and successful water drilling bolster confidence in the project’s future potential.
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