Aurum Resources Reports High-Grade Gold Intercepts at Boundiali Project

The latest update is out from Aurum Resources Limited ( (AU:AUE) ).

Aurum Resources Limited has reported significant shallow, high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire as part of its ongoing 100,000m drilling program for 2025. The results indicate potential for resource growth, with mineralization open along strike and at depth. The company plans two Mineral Resource Estimate (MRE) updates in 2025 and has commenced a Pre-Feasibility Study for Boundiali, expected to be completed by the end of the year. Additionally, a 30,000m drilling program is planned for the Napié deposit to expand its existing resources. Aurum is well-funded for these exploration activities, having completed a $35.6 million private placement.

The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.63 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 a company operating in the mining industry, focusing on gold exploration and development. The company is actively engaged in drilling programs at its Boundiali Gold Project in Côte d’Ivoire and the recently acquired Napié deposit, aiming to expand its gold resources.

Average Trading Volume: 1,124,190

Technical Sentiment Signal: Buy

Current Market Cap: A$104.5M

See more data about AUE stock on TipRanks’ Stock Analysis page.