ASX-listed Aurum Resources has announced a major milestone at its Boundiali Gold Project in Côte d'Ivoire, headlined by a substantial 49% increase (+450koz) in Indicated Resources to 1.37 moz Au. This high-confidence growth drives the total Boundiali Mineral Resource Estimate (MRE) to 3.03 moz Au and provides a robust foundation for Boundiali’s upcoming PFS, cementing the project's status as a premier, large-scale West African gold asset.
On a consolidated basis, Aurum’s Group Resource now stands at 3.90 moz Au (inclusive of the 0.87 moz Au Napié Gold Project), with a MRE update for Napié on track for delivery this quarter.
This update of the Boundiali MRE includes increases to the BST1, BDT2, BDT3 and BMT3 deposits. Drilling is ongoing at Boundiali, and Aurum has identified other prospects at Boundiali which have yet to be drilled.
Table 1: Updated Boundiali Project JORC Mineral Resource Estimate (figures may not add up due to appropriate rounding)
Highlights
- Boundiali Total Mineral Resources increase 26% to 3.03M ounces at 1.0 g/t Au using cut-off grades (COG) of 0.4 g/t Au above 300m depth and 1.5 g/t Au below 300m depth including:
- Indicated Resources totalling 40.8Mt at 1.0 g/t Au for 1,370,000 ounces
- Inferred Resources totalling 58.8Mt at 0.9 g/t Au for 1,660,000 ounces
- Higher grade component within the total Boundiali Mineral Resource consists of:
- 1,610,000 ounces at 1.7 g/t Au (at 1.0 g/t COG)
- Ongoing Exploration Success and Future Potential: Gold mineralisation remains open along strike and at depth across all deposits and prospects at the Boundiali Gold Project. The company's 100,000m drilling program for CY2026 is underway and the next major MRE update is planned for early Q3 CY2026.
- Strategic Project Development: Boundiali Pre-Feasibility Study (PFS) is expected end of Q1 CY 2026. This study will provide an evaluation of the project's economics and technical feasibility.
- Strong Financial Position: Aurum is well-funded with $40.2M cash (31 December 2025 unaudited) for continued exploration success.
- Combined Group Resource of 3.90Moz gold across Boundiali (3.03Moz) and Napié (0.87Moz) projects. Aurum’s first MRE update for the Napié Gold Project is expected end of Q1 CY 2026.
Aurum’s Managing Director Dr. Caigen Wang said: “This MRE update represents a significant milestone at our Boundiali Gold Project, headlined by a substantial 49% increase (+450koz) in Indicated Resources to 1.37 moz gold. This follows an aggressive infill drilling campaign that successfully converted a large portion of our inventory into this higher confidence category, providing the robust foundation required for our upcoming economic studies.
This growth is a direct testament to our unique operational model; by owning and operating our own fleet of 12 diamond drill rigs, we have grown Boundiali from a greenfield discovery to a 3.03 Moz gold asset in just 26 months. Our Group Resource now stands at 3.90 Moz gold. With the Napié MRE update pending, we are firmly on track to exceed the 4Moz global inventory milestone this quarter.
The year ahead represents a pivotal transition for Aurum with our aggressive 100,000m diamond drilling program for 2026 already underway at Boundiali. We remain focused on testing numerous high-priority targets that have yet to see a drill bit, as well as testing depth and strike extensions where all deposits remain open.
Having grown our Indicated Resources across our BST, BD, and BM tenements, we continue to aggressively advance our development strategy. These high-confidence ounces will be used by the engineers who are working on developing a large-scale, integrated open-pit operation with the results of this work to be released in the Boundiali PFS, expected late Q1 CY 2026.
Our Resource Inventory growth will continue throughout the year. The first MRE update for Napié is expected this quarter and our next major Boundiali MRE update is planned for early Q3 CY2026 to incorporate the results of our ongoing drill program.
Backed by a strong cash position of $40.2M, we are fully funded to maintain this industry-leading pace of discovery and development. We remain committed to rapidly expanding our resource base and delivering significant value to our shareholders as we cement Boundiali's status as a premier West African gold project.”