Eagle Nuclear advances Aurora Uranium Project toward a second-half 2027 pre-feasibility study
NUCL•Eagle Nuclear Energy is targeting a pre-feasibility study for its Aurora Uranium Project in Oregon in the second half of 2027. The project has 32.75 million pounds of indicated uranium resources and 4.98 million pounds inferred; drilling awaits state permit approvals.
1. Project progress
Eagle Nuclear Energy outlined third-quarter progress on its Aurora Uranium Project in Oregon and is targeting a pre-feasibility study in the second half of 2027. Drilling has not started and awaits permit approvals from Oregon state regulators, while major contractors have been engaged.
2. Resources and cash
Aurora has 32.75 million pounds of indicated uranium resources and 4.98 million pounds of inferred resources. The adjacent Cordex deposit offers expansion potential. Cash totaled $25.5 million at Aug. 31, 2026, and the company reported no interest-bearing debt.
