Aurum Resources Limited ( (AU:AUE) ) has issued an announcement.
Aurum Resources Limited has successfully acquired 100% of the Boundiali South Tenement from Turaco Gold Limited, following the approval of a protocol agreement by Côte d’Ivoire’s government. This acquisition allows Aurum to commence diamond drilling at the tenement, which hosts a significant gold resource, and positions the company to accelerate exploration and development activities, potentially leading to future open-pit mining operations.
More about Aurum Resources Limited
Aurum Resources Limited operates in the mining industry, focusing on gold exploration and development. The company is involved in the acquisition and development of gold tenements, with a market focus on expanding its gold resource base and advancing project development plans.
Average Trading Volume: 1,137,907
Technical Sentiment Signal: Sell
Current Market Cap: A$75.29M
Learn more about AUE stock on TipRanks’ Stock Analysis page.