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An update from Aurum Resources Limited ( (AU:AUE) ) is now available.
Aurum Resources Limited has reported promising results from its exploration diamond drilling at the Boundiali and Napié gold projects in Côte d’Ivoire, revealing high-grade gold intercepts. The company is expanding its drilling operations with the acquisition of additional rigs and has commenced a 100,000-meter drilling program to enhance its resource estimates. The acquisition of the Boundiali South tenement and the completion of a Pre-Feasibility Study are expected to further bolster Aurum’s position in the gold mining sector. The recent acquisition of Mako Gold adds the Napié Gold Project to Aurum’s portfolio, increasing its total gold resources to 2.5 million ounces.
More about Aurum Resources Limited
Aurum Resources Limited is a company operating in the mining industry, focusing primarily on gold exploration and development. It is actively involved in projects located in Côte d’Ivoire, West Africa, with a significant emphasis on expanding its gold resource base.
YTD Price Performance: 6.06%
Average Trading Volume: 1,104,289
Technical Sentiment Signal: Sell
Current Market Cap: A$81.27M
For a thorough assessment of AUE stock, go to TipRanks’ Stock Analysis page.
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