Aura Energy has completed initial drilling program at Kallesedet uranium project in Sweden, and has identified extensive uranium mineralisation.

The drilling program conducted for total of 419m on four holes, has revealed thick, mineralised intersections varying from 12m to 98m in cumulative thickness.

The firm has drilled three holes on the Olden permit and one hole on the Hamborg permit, which are 100% owned by the firm.

The results have confirmed the widespread occurrence of uraniferous shale in the project area and the potential for Aura Energy to establish another significant deposit in Sweden.

Aura Energy’s managing director Bob Beeson said the firm holds 90sqkm of permits with the Kallsedet project, and considers that significant proportions of this area are underlain by mineralised Alum Shale.