Aurum Resources Limited ( (AU:AUE) ) has issued an announcement.
Aurum Resources Limited has reported significant high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire, with a notable result of 12 meters at 22.02 g/t gold from 145 meters outside the existing 1.59Moz Mineral Resource Estimate area. The company is executing a 100,000-meter drilling program in 2025 to enhance resource size and confidence, with plans for two Mineral Resource Estimate updates and a Pre-Feasibility Study by year-end. Additionally, a 30,000-meter drilling program is planned for the Napié deposit, aiming to expand its current 0.87Moz resource. Aurum is well-funded with $23 million in cash, positioning itself for substantial resource growth and value creation in 2025.
More about Aurum Resources Limited
Aurum Resources Limited is a company operating in the mining industry, focusing on gold exploration and development. Its primary projects include the Boundiali Gold Project and Napié deposit in Côte d’Ivoire, with a market focus on expanding its gold resources and increasing shareholder value through extensive drilling programs.
YTD Price Performance: -18.18%
Average Trading Volume: 1,177,002
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$59.73M
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