Aura Energy (ASX: AEE, “Aura”) today announced that further drilling at its 4,000m Häggån drilling programme confirms a major new development of the uranium-molybdenum-vanadium-bearing Alum Shale in Sweden.

Aura holds 100% of 100km2 over the major Alum Shale uranium province in northern Sweden. The Company is targeting areas of near surface and outcropping shales with the potential to host higher grades of uranium and other metals at Storsjön (East & West).

The Company’s 16km2 Häggån licence (Storsjön West) represents near surface mineralisation with potential for open pit mining.

Today’s results show continued considerable thicknesses of mineralised Alum Shale in the majority of the 17 holes drilled to date at Häggån – Press Release