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Aurora Energy Ltd

Aurora Energy Ltd is a member of the Paladin Energy Ltd group of companies and is the corporate entity that holds the group's 100% interest in significant uranium assets within the highly prospective Central Mineral Belt ("CMB") of Newfoundland and Labrador in Eastern Canada. These include the Michelin deposit (82.1Mlb Measured and Indicated and 9.85Mlb inferred Resources of U3O8) as well as the Jacques Lake, Rainbow, Nash, Inda and Gear deposits and has secured the most prospective ground within the CMB.

NI 43-101 compliant U3O8 resources have been defined across all the deposits as follows:-


  • 105.6Mlb U3O8 Measured and Indicated Mineral Resources (54.4 ore at 0.088%)
  • 22.1Mlb U3O8 Inferred Mineral Resources (13.1Mt ore at 0.076%)

Agreement to purchase these assets was announced on 17 December 2010 with settlement occurring on 1 February 2011.

For more detailed information regarding Aurora Energy Ltd please visit the website at

Latest prices

ASX A$ 0.18

Latest Prices

TradeTech U3O8 spot US$20.40/lb
TradeTech U3O8 long term US$34.00/lb

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