Aurum Resources Limited (ASX: AUE) has announced a maiden JORC Mineral Resource Estimate (MRE) of 1.59Moz of gold at its Boundiali Gold Project in Cote d'Ivoire. The estimate covers five deposits: BST, BDT1, BDT2, BMT1, and BMT3, with ongoing exploration identifying further prospects. A 100,000m drilling campaign is planned for 2025, aiming to expand the resource base. The project spans 1,037km² and benefits from strong infrastructure, including power lines and accessible roads.
Preliminary metallurgical testing shows gold recovery rates exceeding 95% using conventional processing methods. Aurum holds AU$23 million in cash, supporting aggressive exploration efforts and a pre-feasibility study by year-end 2025. Situated near established mining operations in Cote d'Ivoire’s greenstone belt, Boundiali has the potential to develop into a central hub-and-spoke mining operation. Artisanal mining and high-grade near-surface mineralization indicate further untapped potential within the region.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.