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Aurum Resources Limited ( (AU:AUE) ) has shared an announcement.
Aurum Resources Limited has announced promising results from its diamond drilling at the Tchaga deposit, part of the Napié Gold Project in Côte d’Ivoire. The drilling has successfully extended the known limits of gold mineralization at depth, with significant intercepts including 17 meters at 9.38 g/t gold. The company is undertaking a 30,000-meter drilling program at Napié and plans to deliver a resource update by the end of 2025. With a combined 3.28 million ounces of gold across its projects and substantial ongoing drilling, Aurum is well-positioned for significant resource growth and value creation in 2025.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.93 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, primarily focusing on gold exploration and development. The company is engaged in significant drilling programs at its Napié and Boundiali gold projects in Côte d’Ivoire, aiming to expand its resource base and enhance its market position.
Average Trading Volume: 467,109
Technical Sentiment Signal: Buy
Current Market Cap: A$204.5M
For an in-depth examination of AUE stock, go to TipRanks’ Overview page.