Aurum files three mining licence applications to push Boundiali gold project toward development

Aurum Resources Limited ( (AU:AUE) ) has shared an update.

Aurum Resources has lodged three mining exploitation licence applications covering the full 572.67km² footprint of its Boundiali Gold Project in Côte d’Ivoire, marking a shift from pure exploration toward potential development of a large-scale open-pit operation. The company now has mining licence applications in place for the Boundiali South, Boundiali DS and Boundiali Minex tenements, underpinned by a 2.41Moz mineral resource at Boundiali and 0.87Moz at Napié, and plans for an aggressive 2026 drilling campaign of 100,000m at Boundiali and 30,000m at Napié. With an unaudited cash balance of about $40.1 million to fund these programs and a clear work pipeline including updated mineral resource estimates and a pre-feasibility study due in early 2026, Aurum is positioning itself to rapidly de-risk Boundiali and potentially enhance its standing among emerging West African gold developers, offering a visible value-creation pathway for investors and other stakeholders.

The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 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 ASX-listed gold exploration and development company focused on West Africa, with its flagship Boundiali Gold Project in Côte d’Ivoire. The company is advancing large-scale, open-pit gold projects at Boundiali and Napié, supported by substantial drilling programs and growing mineral resource estimates in a region that has become a key frontier for gold mining investment.

Average Trading Volume: 1,353,278

Technical Sentiment Signal: Buy

Current Market Cap: A$242.2M

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