Aurora Energy Metals Limited announced further chemical assay results from the Reverse Circulation (RC) and Diamond Drill (DD) program completed in December last year at the Company's Aurora Energy Metals Project (the "Project") in south-east Oregon. The program targeted uranium to the north-west of the existing Aurora Uranium Deposit and lithium, interpreted be hosted in thicker lakebed sediments overlying and beyond the Aurora Uranium Deposit. Sixteen vertical and one angled hole were drilled during the program, made up of 12 RC and 5 DD holes with assay results now received for the majority of holes.

The following lithium results, using a 1000ppm Li cut-off, were received including: 22AUDD001: 20.6m at 1,212 ppm Li (0.26% Li2O) from 20.7m. 22AUDD001: 3.5m at 1,343 ppm Li (0.29% Li2O) from 61m. 22AUDD001: 6.4m at 1,347 ppm Li (0.29%) from 71.5m.

22AUDD002: 5.9m at 1,899 ppm Li (0.41% Li2O) from 73.6m. 22AUDD002: 12.1m at 1,237 ppm Li (0.27% Li2O) from 87.5m. 22AUDD002: 6.1m at 1,574 ppm Li (0.34% Li2O) from 129.2m.

22AUDD002: 8.5m at 1,325 ppm Li (0.29% Li2O) from 145.1m. 22AUDD003: 15m at 1,221 ppm Li (0.26% Li2O) from 56.1m. 22AUDD003: 6.6m at 1,309 ppm Li (0.28% Li2O) from 110.7m.

22AUDD004: 8.1m at 1,690 ppm Li (0.36% Li2O) from 79.5m. 22AUDD004: 11.9m at 1,192 ppm Li (0.26% Li2O) from 92.3m. 22AURC007: 7.6m at 1,512 ppm Li (0.33% Li2O) from 21.3m.

22AURC008: 6.1m at 1,911 ppm Li (0.41% Li2O) from 36.6m. 22AURC009: 6.1m at 1,199 ppm Li (0.26% Li2O) from 48.8m. 22AURC011: 16.8m at 1,356 ppm Li (0.29% Li2O) from 62.5m.

22AURC012: 6.1m at 1,428 ppm Li (0.31% Li2O) from 102.1m. 22AURC012: 6.1m at 1,095 ppm Li (0.24% Li2O) from 117.4m. The following uranium oxide results, using a 100ppm U3O8 cut-off, were received including: 22AUDD001: 84.6m at 234 ppm U3O8 from 100.4m Including, 22AUDD001: 4.1m at 325 ppm U3O8 from 100.4m, 22AUDD001: 5.2m at 490 ppm U3O8 from 132.1m.

22AUDD001: 23.9m at 437 ppm U3O8 from 152.3m. 22AUDD002: 6.3m at 134 ppm U3O8 from 138.4m. 22AUDD002: 11.4m at 143 ppm U3O8 from 191.9m.

22AURC007: 3.1m at 136 ppm U3O8 from 86.9m. 22AURC009: 18.3m at 178 ppm U3O8 from 114.3m. All the RC samples and diamond core from the drill program were delivered to the laboratory in Reno before Christmas and it is expected that remaining chemical assays will be completed and the results made available and announced during the March quarter.

At the McDermitt Field Base, the field crew has returned and site works to improve and expand facilities have begun in preparation for the planned 2023 drilling program. A dedicated core logging and processing facility has been constructed and internal fittings are being assembled. With the BLM approval in hand for all the remaining drilling, the state DOGAMI permit applications are being finalised and will shortly be submitted.