Aura progressing Tiris development

4th July 2024 By: Sabrina Jardim - Creamer Media Online Writer

Following the delivery of the front-end engineering design (FEED) study in February, the appointment of advisers to progress the financing of the project and the recent announcement regarding the 55% increase in mineral resources at the Tiris uranium project, in Mauritania, Aura Energy has announced five further steps towards development of the project.

This includes the appointment of experienced West African project director Jan Booyse and his company, Project EQ, to lead the project development at Tiris; the appointment of Kenmore Mine Consulting to complete a mine plan optimisation review; the appointment of Lycopodium to oversee an optimisation and project enhancement study; the appointment of Knight Piésold Consulting to oversee water resource drilling in the abundant and proximate Taoudeni Basin; and the appointment of Bruce Harvey to review and update the company’s environment social governance (ESG) framework.

The company says each of these steps supports and enhances Aura’s objective of completing all required steps to finalise a mine development decision by the first quarter of 2025.

“Each of the steps outlined above represent a significant step towards development of Tiris into a globally significant uranium mine,” says Aura MD and CEO Andrew Grove.

“On many fronts, the project development is rapidly advancing, with a number of these work streams having significant potential to add value to Tiris and we look forward to keeping shareholders and stakeholders informed regarding Aura’s progress,” he adds.