Aurum Resources Limited (AU:AUE) has released an update.
Aurum Resources Limited reported significant progress in their 45,000m diamond drilling program at their Boundiali Gold Project, with substantial gold intercepts and plans to expand their drilling fleet. The company also secured a $17 million capital raise and strategic partnerships, bolstering its financial position with $10.8 million in cash and targeting an initial Mineral Resource Estimate by the end of the year. Additionally, Aurum has confirmed gold recoveries up to 99% from preliminary metallurgical tests, setting a positive outlook for the project’s advancement.
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