Aurum Resources (ASX: AUE), an Australian-based gold exploration company focused on discovering and developing major gold projects in Côte d’Ivoire, today announced encouraging gold intercepts from diamond drilling at its 1.59Moz Boundiali Gold Project. The project is located in Côte d’Ivoire as the company progresses towards completing its 100,000m drilling program in CY2025. The new assay results are from exploration diamond drilling at the BD tenement (57 holes for 13,836.80m) and BST tenement (14 holes for 2,499.65m).
Highlights from the drilling results include significant intercepts at the BDT1 deposit, such as 6m @ 30.68 g/t Au from 410.00m, including 4m @ 45.91 g/t Au and 2.34m @ 67.21 g/t Au from 189.00m, including 1.34m @ 117.15 g/t Au. At BDT2, notable intercepts include 2m @ 22.86 g/t Au from 297.00m, and at BDT3, 1.50m @ 32.51 g/t Au from 155.50m was recorded. The BST1 deposit also returned positive results, including 11m @ 3.31 g/t Au from 112m and 8m @ 2.81 g/t Au from 224m.
Dr. Caigen Wang, Aurum’s Managing Director, stated that the results confirm extensions to north plunging high-grade shoots at BDT1 and that these remain open. Aurum is on track to complete 100,000m of diamond drilling at Boundiali in 2025. These new drill results from multiple deposits will be incorporated into the first Mineral Resource Estimate (MRE) update, which the company plans to release imminently.
The company has commenced a Pre-Feasibility Study (PFS) for Boundiali, expected to be completed by the end of CY2025. Additionally, a 30,000m drill program is underway at the Napié Gold Project, aiming to grow its existing 0.87Moz MRE, with an updated MRE anticipated by year-end. Aurum is well-funded with $46.9M cash and value of Montage shares (unaudited) for continued exploration success.
