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An update from Aurum Resources Limited ( (AU:AUE) ) is now available.
Aurum Resources has reported further high-grade gold assay results from infill and step-back diamond drilling at the BMT3 deposit within its 2.41-million-ounce Boundiali Gold Project in Côte d’Ivoire, confirming multiple strong intercepts and demonstrating that mineralisation remains open along strike and at depth. Backed by a cash balance of about $40.1 million and a 100,000m drilling program at Boundiali plus 30,000m at Napié planned for 2026, the company is pushing ahead with resource growth, with updated mineral resource estimates for both projects and a pre-feasibility study for Boundiali slated for release in the first quarter of 2026 as it advances toward a definitive feasibility study later that year.
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 Australian-listed gold exploration and development company focused on advancing its flagship Boundiali Gold Project in Côte d’Ivoire and the Napié project. The company targets high-grade, large-scale gold resources in West Africa and operates with an owned fleet of diamond drill rigs, positioning itself as an aggressive explorer with a substantial planned drilling pipeline.
Average Trading Volume: 1,621,184
Technical Sentiment Signal: Buy
Current Market Cap: A$249.8M
For detailed information about AUE stock, go to TipRanks’ Stock Analysis page.