Aurum extends Boundiali gold mineralisation and accelerates drilling in Côte d’Ivoire

Aurum Resources Limited ( (AU:AUE) ) just unveiled an announcement.

Aurum Resources has reported new diamond drilling results from the 3.03-million-ounce Boundiali Gold Project in Côte d’Ivoire, extending gold mineralisation at the BST1 deposit by 220 metres below the current resource model while confirming that both BST1 and BDT3 remain open at depth. Recent intercepts, including broad zones of mineralisation at BST1 and sustained grades at BDT3, will feed into an updated mineral resource estimate for these deposits expected in the third quarter of 2026.

The company now has 14 diamond drill rigs operating as part of a 130,000-metre campaign planned for 2026, underpinned by a strong cash position of $61 million to fund further exploration and studies. Management says the scale potential at Boundiali, combined with a pre-feasibility study due in the second quarter of 2026 and a definitive feasibility study targeted for late 2026, positions Aurum to grow resources and advance toward possible project development, bolstering its standing among West African gold developers.

The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.55 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.

More about Aurum Resources Limited

Aurum Resources Limited is an Australian-listed gold exploration and development company focused on West Africa, with flagship assets at the Boundiali Gold Project in Côte d’Ivoire and the Napié Gold Project. The group controls a combined 4.2-million-ounce gold resource and is advancing these projects through intensive diamond drilling and staged technical studies aimed at defining future mine development options.

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Technical Sentiment Signal: Buy

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