ASX-listed Aurum Resources has reported further shallow, high-grade gold intercepts at its 1.59 moz Boundiali Gold Project in Côte d'Ivoire.
Highlights
- Exploration diamond drilling (18 holes for 3,985.40m) designed to grow resources at the BMT3 deposit on the Boundiali BM tenement returns shallow, high-grade gold hits including:
- MBDD190
- 24.35m @ 1.21 g/t Au from 40m inc. 7m @ 2.19 g/t Au
- 12m @ 6.66 g/t Au from 69m inc. 1m @ 73.10 g/t Au
- MBDD176
- 1m @ 21.20 g/t Au from 19m
- MBDD187A
- 3.51m @ 3.71 g/t Au from 278.49m
- 2.66m @ 3.21 g/t Au from 288.09m inc. 1.31m @ 5.99 g/t Au
- MBDD186
- 5.05m @ 2.11 g/t Au from 9.50m
- 4m @ 2.47 g/t Au from 247m
- MBDD190
- These results demonstrate the emerging potential and continued upside of the Boundiali project, with mineralisation remaining open along strike and at depth.
- 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 0.87 moz MRE.
- Aurum is well-funded for continued exploration success, having completed a $35.6 m private placement in May 2025.
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 1m @ 73.10 g/t Au within 12m @ 6.66 g/t Au from 69m in hole MBDD190 at BM Target 3. This intercept was from drilling targeting up-dip extensions of known mineralisation within the current BM Target 3 MRE. Our drilling is extending the limits of known mineralisation up and down dip, as well as reducing line spacing to 100m along strike. We expect to see an uplift in the mineral resources for BM Target 3 in the next MRE update. Aurum is on track to complete 100 000m of diamond drilling at Boundiali in 2025. These and other drill results will be incorporated into two MRE updates. The first update, expected in July, will include these recent high-grade intercepts and build upon the current 1.59 moz 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, with our fleet expanding to 10 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 0.87 moz MRE. This program will begin in mid-June, with an updated MRE anticipated by year-end. With a combined 2.5 moz 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.”
