Aura Energy Limited has successfully completed its Tiris extensional drill programme. The programme aimed to expand the current resource base at the Tiris uranium project in Mauritania. The drilling program consisted of 21 holes, totaling 2,349 meters, and targeted potential extensions of the known mineralization. The company's Managing Director, Peter Reeve, expressed satisfaction with the completion of the programme, stating, "The completion of the Tiris extensional drill programme is a significant milestone for Aura."
The drilling results are expected to contribute to the ongoing resource estimation and feasibility studies for the Tiris project. The company anticipates that the data obtained from the drilling program will enhance the project's overall resource base and potentially extend the project's mine life. Aura Energy Limited remains committed to advancing the Tiris project and leveraging its potential to become a significant uranium producer.
The successful completion of the Tiris extensional drill programme marks a crucial step forward for Aura Energy Limited in its efforts to develop the Tiris project. The company's focus on expanding the resource base and conducting feasibility studies underscores its dedication to advancing the project towards production. With the drilling results expected to have a positive impact on the project's resource estimation, Aura Energy Limited is poised to capitalize on the potential of the Tiris uranium project in Mauritania.