Aurum Resources Limited ( (AU:AUE) ) has issued an update.
Aurum Resources Limited has announced significant high-grade gold intercepts from its Boundiali Gold Project in Côte d’Ivoire, highlighting the potential for resource growth. The company plans to complete 100,000 meters of diamond drilling in 2025, with two updates to the Mineral Resource Estimate expected within the year. These developments are part of Aurum’s broader strategy to enhance its resource base and support an open pit Pre-Feasibility Study by the end of 2025. With ongoing drilling and exploration efforts at both Boundiali and the newly acquired Napié project, Aurum is well-positioned for substantial resource growth and value creation.
More about Aurum Resources Limited
Aurum Resources Limited operates in the mining industry, focusing on gold exploration and development. The company primarily engages in the exploration of gold deposits, with significant projects located in Côte d’Ivoire, including the Boundiali and Napié projects. Aurum is committed to expanding its resource base and enhancing its market position through strategic drilling programs.
YTD Price Performance: 7.58%
Average Trading Volume: 1,083,722
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$82.43M
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