Aurum hits 4m at 54.64 g/t gold from 222m outside 1.59 moz Boundiali MRE area

ASX-listed Aurum Resources reports further shallow, extensional high-grade gold intercepts outside the MRE area at its 1.59 moz Boundiali Gold Project in Côte d'Ivoire.

Highlights

• Exploration diamond drilling (19 holes for 3,711.65m) targeting multiple prospects on the Boundiali BM tenement returns shallow, high-grade gold hits including:
  • MBDD174
    • 9m @ 24.61 g/t Au from 221m inc. 4m @ 54.64 g/t Au from 222m inc. 1.3m @ 156.61 g/t Au
  • MBDD166
    • 2.68m @ 10.94 g/t Au from 44.70m inc. 1.68m @ 16.88 g/t Au
    • 4m @ 9.56 g/t Au from 130m inc. 3m @ 12.65 g/t Au
  • MBDD164
    • 10.03m @ 2.75 g/t Au from 81m inc. 9.03m @ 2.97 g/t Au
  • MBDD157
    • 1m @ 12.93 g/t Au from 107m
    • 4m @ 1.89 g/t Au from 141 m inc. 1m @ 7.22 g/t Au.
• These results demonstrate the emerging potential and continued upside of the Boundiali project, with mineralisation remaining open along strike and at depth.
• Currently eight of Aurum’s self-owned diamond rigs continue to drill at Boundiali with 100,000m targeted in CY2025.
• Two MRE updates planned in CY2025 to grow the maiden 1.59Moz Boundiali Mineral Resource Estimate.
• Aurum has commenced work on a Boundiali Pre-Feasibility Study, due for completion by end of CY2025.
• Plans for a 30 000m drill program at recently acquired Napié deposit, aiming to grow its existing 0.87Moz MRE.
• Aurum is well-funded for continued exploration success.

Aurum’s Managing Director Dr. Caigen Wang said: “It is my pleasure to announce further shallow high-grade gold intercepts at the Boundiali project, including 4m @ 54.64 g/t Au from 222m in hole MBDD174 at BM Target 3. This intercept extends the known mineralisation and is outside the current BM Target 3 MRE. Our drilling is extending the limits of known mineralisation down dip as well as bringing the line spacing to 100m along strike and we expect to see an uplift in the mineral resources for BM Target 3 in the next MRE update.

Aurum has commenced 100 000m of planned diamond drilling at Boundiali in 2025. These and other drill results will be incorporated into two MRE updates. The first update, expected late in the first half of 2025, will include these recent high-grade intercepts and build upon the current 1.59Moz Boundiali MRE. A second update, planned for late in CY25, will incorporate results from planned drilling at the BD, BM, and BST deposits, as well as numerous untested gold-in-soil anomalies. Aurum's use of its own drill rigs provides for cost-effective and accelerated exploration, underpinning our objective of significant resource growth at Boundiali in 2025 and beyond, ultimately contributing to a Pre-Feasibility Study expected by year-end.

At the Napié project, a 30,000m diamond drilling program is planned for 2025, targeting expansion of the current 0.87Moz MRE. This program will begin pending renewal of the Napié exploration licence, with an updated MRE anticipated by year-end.

With a combined 2.5Moz of gold across Boundiali and Napié, and substantial drilling programs planned for both projects, Aurum is well-positioned for significant resource growth and further value creation in 2025.”