LABRADOR - AURORA ENERGY RESOURCES of Vancouver is taking its Michelin uranium project in the Central Mineral Belt to the pre-feasibility stage. The company plans to register the Michelin project with the Canadian Environmental Assessment Agency by the end of the year.
MICON INTERNATIONAL has been contracted to conduct engineering pre-feasibility studies for the mine and process facilities. Aurora will continue its contract with SNC-LAVALIN to carry out the pre-feasibility study on the infrastructure requirements, as well as project management of the environmental baseline studies. The infrastructure conceptual design will include transportation, access, power, dock, site and mine facilities. SNC-Lavalin, working with MINASKUAT and SIKUMIUT, two Labrador-based environmental companies, will complete the required environmental and socio-economic baseline studies for the environmental assessment.
Pending completion of the necessary regulatory approvals and a positive feasibility study, Aurora estimates it could begin mine construction as soon as 2010 and commence production in 2013. In the meantime the company is working on a $21-million, 75,000-metre drill program and continuing with $9-million baseline studies.
The current measured and indicated resource is 58.0 million lb of U3O8 plus an inferred resource of 38.0 million lb. Additional details are available at www.Aurora-Energy.com.