Quarterly Activities/Appendix 5B Cash Flow Report 11 pages 579.0KB

Original announcement by asx on

Company
Aurora Energy Metals Limited
Ticker
1AE
Exchange
ASX
Region
Oregon, USA
Primary commodity
Uranium
Secondary commodities
None reported
Document categories
Metallurgy, Resource update, Other
Extracted
2026-10-01 04:40:38 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Aurora Energy Metals Limited reported strong metallurgical optimization results for its Aurora Uranium Project, confirming 82-86% uranium recoveries under optimized conditions. The program significantly reduced acid consumption and leach duration, simplified the flowsheet, and demonstrated solution recycling, leading to improved project economics. The company also provided an update on Eagle Energy Metals Corp.'s Nasdaq listing progress and restated its JORC-compliant uranium resource estimate from 2022, which totals 50.6 Mlbs U3O8.

Reasoning: The report highlights significant metallurgical optimization results for uranium, achieving high recoveries (82-86%) with reduced acid consumption and leach times, simplifying the flowsheet, and demonstrating solution recycling. This represents a material improvement in project economics. The resource update is a restatement of a prior JORC-compliant estimate from 2022, which is positive for its quality but low in novelty.

Positive factors

  • High Recovery
  • Recovery Improving
  • Pilot Scale Complete
  • Multi-Domain Tested
  • QP/CP Signed
  • JORC Compliant

Negative factors

  • Stale Estimate

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 21

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: The metallurgical optimization confirmed consistent uranium recoveries of 82 to 86 percent under optimized conditions, which is strong for a leach process.

Evidence · text

“consistent recoveries of 82 to 86 percent under optimised conditions”

Recovery Improvingpositive

Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: The program demonstrated that initial acid addition could be reduced from more than 600 kg/t to 240-250 kg/t, and leach duration reduced from 24 hours to 12 hours, indicating significant process optimization and improvement.

Evidence · text

“initial acid addition could be reduced from more than 600 kilograms per tonne in 2024 to approximately 240 to 250 kilograms per tonne. As a result, overall acid consumption was reduced to about 70 to 90 kilograms per tonne. This step change in acid demand directly translates into lower operating costs. Ferric sulphate was found to be unnecessary to maintain high recoveries, removing this reagent from the flowsheet. Leach duration was also reduced from 24 hours to approximately 12 hours, which lowers capital intensity and improves process efficiency.”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: The test work confirmed that clay and middlings can be processed together without compromising recoveries, indicating variability across ore domains has been addressed.

Evidence · text

“The test work confirmed that clay and middlings can be processed together without compromising recoveries. Combined treatment removes the need for separate processing streams and simplifies the flowsheet, further reducing both capital and operating costs.”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The metallurgical results are based on information compiled by Mr. Warren Hallam, a director of Aurora Energy Metals Limited and a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM), who qualifies as a Competent Person.

Evidence · text

“Information in this announcement relating to Metallurgical Results is based on information compiled by Mr. Warren Hallam, BSc (Metallurgy), a director of Aurora Energy Metals Limited, who is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) Mr. Hallam has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person under the 2012 Edition of the ‘Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Hallam consents to the inclusion in the announcement of the matters based on the information made available to him, in the form and context in which it appears.”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The Mineral Resource for the AUP was first reported in a JORC-compliant announcement on 23 November 2022, and the company confirms it remains JORC compliant.

Evidence · text

“The Mineral Resource for the AUP was first reported by Aurora in its announcement titled ‘Uranium Resource Up 34% to 50.6Mlb, Maiden Measured Resource’ on 23 November 2022. Aurora Energy Metals Limited confirms that it is not aware of any new information or data that materially affects the information included in the original announcement and that all material assumptions and technical parameters underpinning the Mineral Resource continue to apply and have not materially changed.”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The resource estimate is a restatement of an estimate first reported on 23 November 2022, making it nearly three years old by the announcement date of October 2025.

Evidence · text

“The Mineral Resource for the AUP was first reported by Aurora in its announcement titled ‘Uranium Resource Up 34% to 50.6Mlb, Maiden Measured Resource’ on 23 November 2022.”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides an update on the company's existing mineral resource estimate for the Aurora Uranium Project, restating the figures from a prior announcement.

Evidence · text

“Aurora Uranium Project (AUP) in southeast Oregon; the USA’s largest mineable, measured and indicated uranium deposit (MRE totals 107.3 Mt @ 214 ppm U3O8 for 50.6 Mlbs U3O8, including a Measured Mineral Resource of 59.5 Mt @ 251 ppm U3O8 for 32.9 Mlb U3O8, Indicated of 21.4 Mt @ 184 ppm U3O8 for 8.7 Mlb U3O8 and Inferred of 26.4 Mt @ 157 ppm U3O8 for 9.1 Mlb U3O8).”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The metallurgical test work describes a leach method, which is characteristic of a mill processing route for uranium.

Evidence · text

“Final metallurgy optimisation completed, confirming consistent recoveries of 82 to 86 percent under optimised conditions, including the ability to simplify the project flowsheet.”

Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

Resource Estimates (3)

measuredAurora Uranium Project · uraniumTonnes: 59500000Grade: 251Grade Unit: ppm U3O8Contained Metal: 32.9Contained Unit: mlb u3o8Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Lauritz Barnes
Resource group id
resource:1f2c0e5918d338168f17

Resource Data

Category
measured
Tonnes
59500000
Grade
251
Grade Unit
ppm U3O8
Contained Metal
32.9
Contained Unit
mlb u3o8

Prior Estimate

Resource Date
2022-11-23

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-11-23T00:00:00.000Z

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This is a restatement of a significant Measured Resource for uranium, indicating high confidence in the estimate, though it is not new information.

Positive factors

  • Measured Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Estimate

Evidence · text

“Measured Mineral Resource of 59.5 Mt @ 251 ppm U3O8 for 32.9 Mlb U3O8”

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.9 years before this release

indicatedAurora Uranium Project · uraniumTonnes: 21400000Grade: 184Grade Unit: ppm U3O8Contained Metal: 8.7Contained Unit: mlb u3o8Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Lauritz Barnes
Resource group id
resource:1daded9f94dc67a1830e

Resource Data

Category
indicated
Tonnes
21400000
Grade
184
Grade Unit
ppm U3O8
Contained Metal
8.7
Contained Unit
mlb u3o8

Prior Estimate

Resource Date
2022-11-23

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-11-23T00:00:00.000Z

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This is a restatement of a significant Indicated Resource for uranium, indicating reasonable confidence in the estimate, though it is not new information.

Positive factors

  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Estimate

Evidence · text

“Indicated of 21.4 Mt @ 184 ppm U3O8 for 8.7 Mlb U3O8”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.9 years before this release

inferredAurora Uranium Project · uraniumTonnes: 26400000Grade: 157Grade Unit: ppm U3O8Contained Metal: 9.1Contained Unit: mlb u3o8Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Lauritz Barnes
Resource group id
resource:ce420888bc7204b76579

Resource Data

Category
inferred
Tonnes
26400000
Grade
157
Grade Unit
ppm U3O8
Contained Metal
9.1
Contained Unit
mlb u3o8

Prior Estimate

Resource Date
2022-11-23

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-11-23T00:00:00.000Z

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This is a restatement of an Inferred Resource for uranium, indicating lower confidence in the estimate, and it is not new information.

Positive factors

  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource
  • Stale Estimate

Evidence · text

“Inferred of 26.4 Mt @ 157 ppm U3O8 for 9.1 Mlb U3O8”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.9 years before this release

Metallurgical Results (18)

atmospheric leachAurora Uranium Project · uraniumRecovery: 72 %Head Grade: 381Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Middlings Only
Grind P80
600 µm
Leach Time
24 hours

Recovery

Recovery
72 %
Recovery Basis
actual_test
Head Grade
381
Head Grade Unit
ppm

Reagents

Acid
51 kg/t
Reagent Notes
Initial Acid Addition: 150 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test result shows a moderate recovery for middlings material, with a relatively low acid consumption, but is superseded by later optimization results.

Evidence · table

“72”

Context: Middlings Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 66 %Head Grade: 381Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Middlings Only
Grind P80
300 µm
Leach Time
24 hours

Recovery

Recovery
66 %
Recovery Basis
actual_test
Head Grade
381
Head Grade Unit
ppm

Reagents

Acid
61 kg/t
Reagent Notes
Initial Acid Addition: 150 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test result shows a moderate recovery for middlings material at a finer grind, but is superseded by later optimization results.

Evidence · table

“66”

Context: Middlings Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 70 %Head Grade: 381Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Middlings Only
Grind P80
150 µm
Leach Time
24 hours

Recovery

Recovery
70 %
Recovery Basis
actual_test
Head Grade
381
Head Grade Unit
ppm

Reagents

Acid
54 kg/t
Reagent Notes
Initial Acid Addition: 150 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test result shows a moderate recovery for middlings material at a finer grind, but is superseded by later optimization results.

Evidence · table

“70”

Context: Middlings Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 75 %Head Grade: 381Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Middlings Only
Grind P80
600 µm
Leach Time
24 hours

Recovery

Recovery
75 %
Recovery Basis
actual_test
Head Grade
381
Head Grade Unit
ppm

Reagents

Acid
27 kg/t
Reagent Notes
Initial Acid Addition: 150 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test result shows a good recovery for middlings material with low acid consumption, but is superseded by later optimization results.

Evidence · table

“75”

Context: Middlings Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 89 %Head Grade: 381Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Middlings Only
Grind P80
600 µm
Leach Time
24 hours

Recovery

Recovery
89 %
Recovery Basis
actual_test
Head Grade
381
Head Grade Unit
ppm

Reagents

Acid
133 kg/t
Reagent Notes
Initial Acid Addition: 630 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test shows a strong recovery for middlings, indicating good metallurgical performance under specific conditions.

Positive factors

  • High Recovery

Evidence · table

“89”

Context: Middlings Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 90 %Head Grade: 381Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Middlings Only
Grind P80
600 µm
Leach Time
24 hours

Recovery

Recovery
90 %
Recovery Basis
actual_test
Head Grade
381
Head Grade Unit
ppm

Reagents

Acid
142 kg/t
Reagent Notes
Initial Acid Addition: 630 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test shows a strong recovery for middlings, indicating good metallurgical performance under specific conditions.

Positive factors

  • High Recovery

Evidence · table

“90”

Context: Middlings Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 77 %Head Grade: 381Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Middlings Only
Grind P80
600 µm
Leach Time
12 hours

Recovery

Recovery
77 %
Recovery Basis
actual_test
Head Grade
381
Head Grade Unit
ppm

Reagents

Acid
69 kg/t
Reagent Notes
Initial Acid Addition: 150 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test shows a moderate recovery for middlings with reduced leach time, indicating potential for process efficiency improvements.

Evidence · table

“77”

Context: Middlings Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 93 %Head Grade: 381Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Middlings Only
Grind P80
600 µm
Leach Time
12 hours

Recovery

Recovery
93 %
Recovery Basis
actual_test
Head Grade
381
Head Grade Unit
ppm

Reagents

Acid
43 kg/t
Reagent Notes
Initial Acid Addition: 400 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test shows an excellent recovery for middlings with significantly reduced leach time and moderate acid consumption, indicating strong optimization potential.

Positive factors

  • High Recovery
  • Recovery Improving

Evidence · table

“93”

Context: Middlings Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 89 %Head Grade: 381Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Middlings Only
Grind P80
600 µm
Leach Time
12 hours

Recovery

Recovery
89 %
Recovery Basis
actual_test
Head Grade
381
Head Grade Unit
ppm

Reagents

Acid
33 kg/t
Reagent Notes
Initial Acid Addition: 250 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test shows a strong recovery for middlings with reduced leach time and very low acid consumption, indicating strong optimization potential.

Positive factors

  • High Recovery
  • Recovery Improving

Evidence · table

“89”

Context: Middlings Only

pressure leachAurora Uranium Project · uraniumRecovery: 45 %Head Grade: 350Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
pressure leach
Processing Route
pressure leach
Sample
Clay Only
Grind P80
38 µm
Leach Time
2 hours

Recovery

Recovery
45 %
Recovery Basis
actual_test
Head Grade
350
Head Grade Unit
ppm

Reagents

Acid
44 kg/t
Reagent Notes
Initial Acid Addition: 150 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test shows a low recovery for clay material under pressure leach conditions, indicating challenges with this material type or process.

Negative factors

  • Low Recovery

Evidence · table

“45”

Context: Clay Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 88 %Head Grade: 350Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Clay Only
Grind P80
38 µm
Leach Time
24 hours

Recovery

Recovery
88 %
Recovery Basis
actual_test
Head Grade
350
Head Grade Unit
ppm

Reagents

Acid
-17 kg/t
Reagent Notes
Initial Acid Addition: 150 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test shows a strong recovery for clay material under atmospheric leach conditions, indicating good metallurgical performance.

Positive factors

  • High Recovery

Evidence · table

“88”

Context: Clay Only

pressure leachAurora Uranium Project · uraniumRecovery: 85 %Head Grade: 350Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
pressure leach
Processing Route
pressure leach
Sample
Clay Only
Grind P80
38 µm
Leach Time
2 hours

Recovery

Recovery
85 %
Recovery Basis
actual_test
Head Grade
350
Head Grade Unit
ppm

Reagents

Acid
125 kg/t
Reagent Notes
Initial Acid Addition: 630 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test shows a strong recovery for clay material under pressure leach conditions, indicating good metallurgical performance.

Positive factors

  • High Recovery

Evidence · table

“85”

Context: Clay Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 90 %Head Grade: 350Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Clay Only
Grind P80
38 µm
Leach Time
24 hours

Recovery

Recovery
90 %
Recovery Basis
actual_test
Head Grade
350
Head Grade Unit
ppm

Reagents

Acid
51 kg/t
Reagent Notes
Initial Acid Addition: 630 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test shows a strong recovery for clay material under atmospheric leach conditions, indicating good metallurgical performance.

Positive factors

  • High Recovery

Evidence · table

“90”

Context: Clay Only

atmospheric leachAurora Uranium Project · uraniumRecovery: 82 %Head Grade: 389Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Combined Middlings & Clay
Grind P80
600 µm
Leach Time
12 hours

Recovery

Recovery
82 %
Recovery Basis
actual_test
Head Grade
389
Head Grade Unit
ppm

Reagents

Acid
84 kg/t
Reagent Notes
Initial Acid Addition: 270 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test demonstrates strong recovery for combined middlings and clay, supporting a simplified flowsheet and improved project economics.

Positive factors

  • High Recovery
  • Multi-Domain Tested

Evidence · table

“82”

Context: Combined Middlings & Clay

atmospheric leachAurora Uranium Project · uraniumRecovery: 86 %Head Grade: 389Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Combined Middlings & Clay
Grind P80
601 µm
Leach Time
12 hours

Recovery

Recovery
86 %
Recovery Basis
actual_test
Head Grade
389
Head Grade Unit
ppm

Reagents

Acid
95 kg/t
Reagent Notes
Initial Acid Addition: 240 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test demonstrates strong recovery for combined middlings and clay with optimized acid addition, supporting a simplified flowsheet and improved project economics.

Positive factors

  • High Recovery
  • Multi-Domain Tested
  • Recovery Improving

Evidence · table

“86”

Context: Combined Middlings & Clay

atmospheric leachAurora Uranium Project · uraniumRecovery: 84 %Head Grade: 389Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Combined Middlings & Clay
Grind P80
602 µm
Leach Time
12 hours

Recovery

Recovery
84 %
Recovery Basis
actual_test
Head Grade
389
Head Grade Unit
ppm

Reagents

Acid
64 kg/t
Reagent Notes
Initial Acid Addition: 240 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test demonstrates strong recovery for combined middlings and clay with optimized acid addition, supporting a simplified flowsheet and improved project economics.

Positive factors

  • High Recovery
  • Multi-Domain Tested

Evidence · table

“84”

Context: Combined Middlings & Clay

atmospheric leachAurora Uranium Project · uraniumRecovery: 80 %Head Grade: 389Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Combined Middlings & Clay
Grind P80
603 µm
Leach Time
12 hours

Recovery

Recovery
80 %
Recovery Basis
actual_test
Head Grade
389
Head Grade Unit
ppm

Reagents

Acid
66 kg/t
Reagent Notes
Initial Acid Addition: 240 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test demonstrates good recovery for combined middlings and clay with optimized acid addition, supporting a simplified flowsheet and improved project economics.

Positive factors

  • Multi-Domain Tested

Evidence · table

“80”

Context: Combined Middlings & Clay

atmospheric leachAurora Uranium Project · uraniumRecovery: 83 %Head Grade: 389Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Aurora Uranium Project
Commodity
uranium
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
1AE

Test Work

Program Status
optimization
Test Type
atmospheric leach
Processing Route
leach
Sample
Combined Middlings & Clay
Grind P80
604 µm
Leach Time
12 hours

Recovery

Recovery
83 %
Recovery Basis
actual_test
Head Grade
389
Head Grade Unit
ppm

Reagents

Acid
83 kg/t
Reagent Notes
Initial Acid Addition: 239 kg/t

Lab

Laboratory
ALS Metallurgy

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: This test demonstrates strong recovery for combined middlings and clay with optimized acid addition, supporting a simplified flowsheet and improved project economics.

Positive factors

  • High Recovery
  • Multi-Domain Tested

Evidence · table

“83”

Context: Combined Middlings & Clay

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.