Aurum expands footprint of Boundiali and Napié Gold Projects  

ASX-listed Aurum Resources has announced, through its wholly-owned subsidiary Plusor Global, signing of an agreement to own 35% registered share capital of Ivorian local company Major Star Plus Sarl (MSP) and earning up to 87% interest in three MSP’s permit applications (MSP JV permits), growing the landholding at both its 2.41 moz Boundiali and 0.87Moz Napié Gold Projects in Côte d'Ivoire. 

Location of MSP’s three applications in relation to Aurum’s Boundiali and Napié Gold projects in Côte d'Ivoire.

Highlights

• Aurum to take 35% interest in Major Start Plus SARL’s (”MSP”) registered share capital.
• MSP has three advanced gold exploration licence applications:

1. Application 0791DMICM18/03/2025 (No.0791), covering 114.53km², on the immediate west and south of Aurum’s 100%-owned Boundiali South Tenement, currently in application for mining exploitation licence.
2. Application 0793DMICM18/03/2025 (“No.0793”), covering 99.12km², on the immediate west of Aurum’s 90%-owned Napié gold project currently in renewal application for new exploration licence with admissible status for exploration permit.
3. Advanced application 0804DMICM18/03/2025 (“No.0804”), covering 254.97km², located in central Côte d’Ivoire.

• Staged earn-in agreement allows Aurum to earn from 35% project interest to 95% interest in exploration phase and 85.5% to ~87% interest in mining exploitation phase. 

Aurum’s Managing Director Dr. Caigen Wang commented:"It is really a rare opportunity to have one partnership that can benefit both our Boundiali and Napié gold projects, but also provide an additional gold exploration project in central Côte d’Ivoire.   The advanced application No. 0791 is an opportunity to further enhance the upside of Boundiali Project’s gold resources, providing an opportunity for Aurum to explore the mineralisation extension from Boundiali South Tenement.   The joint work on No. 0793 is the commencement of our effort and belief in consolidating the Napié gold project’s neighbouring projects to bring it into a similar status of Boundiali gold project becoming a major regional gold project in Côte D’Ivoire. The Aurum-MSP partnership is an example of the attractiveness of Aurum’s unique exploration and discovery capacity and track record from owning 10 diamond drill rigs and drilling teams with over 7 million oz of gold discovery in Côte D’Ivoire in the past 10 years. "