Aura Energy Limited has announced the commencement of an extensional drilling program at its Tiris Uranium Project in Mauritania. The program aims to expand the current JORC resource and test potential extensions of the known mineralization. According to the announcement, the drilling program will focus on high-priority target areas identified through previous exploration and geophysical surveys.
The company's decision to initiate the extensional drilling program underscores its commitment to further developing the Tiris Uranium Project and maximizing its resource potential. Peter Reeve, the Executive Chairman of Aura Energy, expressed optimism about the program, stating, "The commencement of the extensional drilling program is an important step in the ongoing development of the Tiris Uranium Project."
Aura Energy Limited's proactive approach to exploration and resource expansion aligns with its strategic vision of becoming a significant uranium producer. The extensional drilling program at Tiris represents a key milestone in the company's efforts to unlock the project's value and solidify its position in the uranium sector.
The company encourages investors to stay updated on all ASX announcements through its website, emphasizing its commitment to transparent communication and investor engagement. This move reflects Aura Energy Limited's dedication to keeping stakeholders informed about significant developments and milestones related to its projects.
In conclusion, Aura Energy Limited's announcement of the commencement of the extensional drilling program at Tiris underscores its proactive stance in advancing the Tiris Uranium Project. The company's strategic focus on exploration and resource expansion reaffirms its commitment to maximizing the project's potential and creating long-term value for its stakeholders.