URGENT URGENT
WHAT AN INTERESTING ANNOUNCEMENT OUT OF AURORA ENERGY RESOURCES.
AURORA ENERGY RESOURCES ARE:
Aurora Energy Resources Inc.is engaged in the business of acquiring and exploring for mineral resource properties in Newfoundland and Labrador, Canada. Aurora's Central Mineral Belt exploration licences include the Michelin, Rainbow, Nash and Inda uranium deposits as well as several attractive exploration targets.The Company's 100% owned Canadian uranium portfolio (subject only to the royalty interests granted to Altius Minerals Corporation) is underpinned by the Michelin Uranium Deposit which contains a Measured and Indicated Mineral Resource base of 22.2 million pounds U3O8 and an additional Inferred Mineral Resource of 13.4 million pounds U3O8.
THEIR WEBSITE SAYS
By the year 2030, the world will be consuming twice the electricity it does today. Our appetite for energy, particularly in emerging markets, seems endless.
But the world doesn't just need more energy. For the health of the environment and future generations, the world needs clean energy. So where does the future of energy lie?
More and more, the consensus is that it lies with nuclear-generated electricity. It is clean. And individual generating plants can produce enormous quantities of power with little environmental impact. And that means the world will need more uranium.
Aurora is the 100% owner of one of the largest undeveloped uranium deposits in Canada. Currently, the Michelin deposit in Labrador -- one of six areas of interest -- has enough uranium to power over 40 million homes for an entire year, and we have only begun to tap the potential.
Aurora is a Newfoundland and Labrador company, with 25% of our shareholders and the majority of our Board of Directors from the province. The Company's management is a young, energetic team of mining professionals led by Mark O'Dea a Newfoundlander who is committed to providing the clean energy the world desperately needs. The Aurora team is smart, focused, and passionate about protecting the planet we all call home. We recognize that for uranium to power the future, the supply of uranium will have to increase to meet demand. Current mine production meets only 60% of today's world demand.
At Aurora we have the ability, knowledge and expertise -- and an active development plan -- to bring this deposit to the mine production stage in the near term.
Most of all, we have a deep commitment to the clean, safe and reliable energy that uranium provides. The energy to change the world.
ANNOUNCEMENT
Aurora Energy Resources Names Angus Bruneau And Dean MacDonald To Board
FULL STORY
IT'S LIKE THIS DEAN AND DAN ENOUGH IS ENOUGH!
DEAN MACDONALD IS THE CHAIR OF THE BOARD OF NEWFOUNDLAND AND LABRADOR HYDRO WHICH HAS JUST EXPANDED ITS MANDATE TO INCLUDE ANY ENERGY RELATED MATTERS CABINET MAY SEE FIT TO DIRECT IT.
AURORA IS INVOLVED IN URANIUM - USED IN NUCLEAR ENERGY APPLICATION
BOTH ENERGY RELATED
NEWFOUNDLAND AND LABRADOR HYDRO IS NOT A PRIVATE NOR PUBLICLY TRADED COMPANY (AS MUCH AS MR. BRUNEAU AND DEAN MACDONALD WOULD HAVE LIKED IT TO HAVE BEEN PRIVATISED IN THE 90'S) IT IS A CROWN CORPORATION OWNED BY THE PEOPLE.
MR. MACDONALD - IF YOU WANT TO SIT ON PRIVATE OR PUBLICLY TRADED ENERGY BOARDS RESIGN FROM NLH.
YOUR INTERESTS MUST NOT SEEM TO BE IN CONFLICT OR POTENTIAL CONFLICT.
MY GOD GUYS HOW MUCH DO YOU ALL WANT?
DANNY YOU'RE CONCERNED ABOUT MAX? YEAH RIGHT!
MacDonald is Chair of Newfoundland and Labrador Hydro Corporation, Churchill Falls Labrador, Lower Churchill Development Corp., Twin Falls Labrador Corp. and Gull Island Power.
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