An announcement from Aurum Resources Limited ( (AU:AUE) ) is now available.
Aurum Resources Limited has announced significant high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire, with the most notable result being 83 meters at 4.87 g/t gold. The company plans to conduct 100,000 meters of diamond drilling in 2025, aiming to update its Mineral Resource Estimates twice within the year. These developments are expected to contribute to a Pre-Feasibility Study by year-end, potentially enhancing Aurum’s resource growth and value creation.
More about Aurum Resources Limited
Aurum Resources Limited is a company operating in the mining industry, primarily focusing on gold exploration and extraction. The company is engaged in projects in Côte d’Ivoire, with a significant focus on the Boundiali Gold Project and the recently acquired Napié project. Aurum aims to expand its mineral resource estimates and enhance its market position through extensive drilling programs.
YTD Price Performance: 3.03%
Average Trading Volume: 1,126,245
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$77.04M
For an in-depth examination of AUE stock, go to TipRanks’ Stock Analysis page.