Aura Energy Limited
ASX:AEE ISIN:AU000000AEE7
News
Asian Activities Report for October 6, 2011 includes: Otis Energy Limited (ASX:OTE) is to drill its Avalanche oil and gas project in the USA; Mako Energy Limited (ASX:MKE) advises that the well MKE 102 HZ Provost 14-2-40-4 successfully reached its targeted total depth; Aura Energy Limited (ASX:AEE) has commenced drilling at its 100%-owned Motala shale gas project in south-central Sweden; Potash West NL (ASX:PWN) has commenced an extensive potassium extraction programme to test samples taken from its world class glauconite deposits in the Dandaragan Trough, Western Australia.
Asian Activities Report for August 22, 2011 includes: Metminco Limited (ASX:MNC) said today that drilling at its 100% owned Los Calatos copper/molybdenum project in Peru has indicated the existence of significant mineralization close to surface; Exoma Energy Limited (ASX:EXE) announced that Katherine-1 well, the fifth well of its 2011 exploration campaign in Queensland, has spudded; Aura Energy Limited (ASX:AEE) announced a significantly upgraded resource for its Häggån Project in Sweden; Alchemy Resources Limited (ASX:ALY) has identified new gold mineralisation at the Hermes Gold Deposit, part of its Gascoyne Gold Project in Western Australia.
Asian Activities Report for July 14, 2011 includes: Aura Energy Limited (ASX:AEE) says today that its initial JORC Inferred uranium resource at the Reguibat Project in Mauritania is estimated at 50.2 million pounds at 330ppm U3O8; Carnarvon Petroleum Limited (ASX:CVN) provides operational updates for its oil exploration programs onshore Thailand; Universal Coal plc (ASX:UNV) has upgraded its JORC-compliant coal resources at the Berenice-Cygnus Coking Coal Project to 1.2 billion tonnes; Automotive Technology Group (ASX:ATJ) has appointed Kenmar Corporation as its exclusive sales representative for the original equipment manufacturer market in North and South America.
Australian Market Report of March 8, 2011 includes: Advanced Energy Systems Limited (ASX:AES) commenced the construction of 'Aocheng Gardens', a residential and commercial property development project in China; Lachlan Star Limited (ASX:LSA) announced a 28% increase in the JORC Resource estimate at CMD Gold Mine in Chile; Aura Energy Limited (ASX:AEE) has received strong calcrete uranium results in Mauritania; Golden Rim Resources Limited (ASX:GMR) reported significant gold intercepts in Burkina Faso.
2009 will be an interesting year for Uranium in Western Australia. The change of Government has led to uranium exploration and mining being back in favour but the financial crisis has led to a lack of funds being available for exploration. However the outlook is positive. Uranium usage is tipped to increase with China and India leading the way and Japan also active in the sector.
Three exploration permits applications by Aura Energy (ASX: AEE)(PINK:AUEEF), in alliance with GCM Resources plc, have been registered by the Niger Government The applications cover 1500 km2 in the uranium-bearing Tim Mersoi Basin in Niger.
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