The first of our newly identified high grade Vanadium deposits, contain 90m/lbs V2O5 @ 0.42% cut-off grade. Compare this with the deposit's of our peers who are travelling at much higher market caps. This high grade portion (part of a 15.1 billion lb resource) is strategically located in Sweden with a very clean energy focus. The Swedish Government is so supportive of the battery metal industry, they are providing funding opportunities to help attract development. The Haggan deposit has extensive, exploration data to draw on and when combined with data gained through the current vanadium focussed scoping study (completion, due at any time) it should reveal the excellent potential of this shallow, high grade resource. With the V2O5 price on the rise once again, we are well placed to list the Vanadis IPO at a very exciting time in the market.
If you can't make your mind up which bull market to gain exposure to, vanadium or uranium, why not have exposure to both. Who will benefit the most from the uranium bull? The Coy's who are bringing their resource into production. Aura will be a house hold name when Tiris moves to production during this coming bull run. As far as vanadium goes, Aura has previously done a lot of the exploration work and have an advantage over many other exploration companies. A very exciting time to be in Aura.
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11 | 5696999 | 0.010 |
2 | 3500000 | 0.009 |
4 | 1475000 | 0.008 |
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