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Aurum Resources Limited ( (AU:AUE) ) has provided an announcement.
Aurum Resources Limited has announced a significant 53% increase in the Indicated Resources at its Boundiali Gold Project, raising it to 0.92 million ounces of gold. This update, part of the 2025 JORC Mineral Resource Estimate, underscores the company’s successful drilling efforts and potential for further resource expansion. The total resources at Boundiali now stand at 2.41 million ounces, contributing to a combined group resource of 3.28 million ounces. Aurum is also undertaking a Pre-Feasibility Study for the Boundiali Project, expected to complete in early 2026, and continues its extensive drilling programs to further enhance its resource base.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.93 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 a company operating in the mining industry, primarily focused on gold exploration and development. Its key projects include the Boundiali Gold Project in Côte d’Ivoire and the Napié Project, with a combined resource base of 3.28 million ounces of gold. Aurum is known for its rapid and cost-effective drilling capabilities, which enhance its competitive position in the market.
Average Trading Volume: 625,540
Technical Sentiment Signal: Buy
Current Market Cap: A$256.6M
For an in-depth examination of AUE stock, go to TipRanks’ Overview page.