Aurora Energy Metals (ASX: 1AE) revealed on Wednesday its flagship lithium and uranium project in Oregon, USA, has the same quality of lithium deposits on-site as that of nearby players Jindalee Resources’ (ASX: JRL) and Lithium Americas (NYSE: LAC).
The most recent drill-run carried out by Aurora Energy Metals (ASX:1AE) at its Oregon-based Energy Metals Project has proven lithium mineralisation extends beyond previously known boundaries.
Aurora Energy Metals (ASX:1AE) reported its first round of assay results from the latest drilling activity at its US-based lithium-uranium Aurora Energy Metals Project on Tuesday, finding higher than expected uranium grades.
Aurora Energy Metals (ASX:1AE) on Thursday announced the completion of its maiden drill run in Oregon, drilling for lithium and uranium at the company’s self-named project near the Nevada border.
Aurora grows its uranium resource by 34% to over 50 million pounds; officially one of the largest uranium reserves in the USA
Aurora Energy Metals has mobilised a second drill rig at the project.
Aurora Energy Metals is a US-focused explorer with a well-defined uranium resource and showing promise for lithium.
Aurora Energy Metals (ASX:1AE) is on track to commence drilling for uranium at its project in southeast Oregon, USA.