Aurum Resources Limited (AU:AUE) has released an update.
Aurum Resources Limited announces the renewal of its Boundiali South exploration license, covering the high-grade Nyangboue gold deposit in Côte d’Ivoire, which has shown promising exploration results. With ministerial approval pending for further drilling, the company is gearing up for an increased drilling rate and is on track to establish an initial Mineral Resource Estimate by late 2024. Aurum is in a strong financial position, boasting a $20 million cash reserve for aggressive exploration endeavors.
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