Aurum Resources Identifies High-Grade Gold at Ivory Coast Gold Project, Shares Up 3%

MT Newswires Live

Sep 04

Aurum Resources (ASX:AUE) received assay results from 22 diamond drill holes at the BST1 deposit as part of its ongoing 100,000-meter diamond drilling program at its 3.2 million-ounce Boundiali gold project in Ivory Coast, according to a Friday Australian bourse filing.

The results were up to 5.63 meters at 31.79 grams per tonne gold from 32 meters, including 2.63 meters at 67.60 g/t gold.

The company said 130,000 meters of drilling is planned for 2026, with 16 Aurum-owned diamond drill rigs operating to drive resource growth at both Boundiali and Napié, where a 30,000-meter drilling program is set to start in the fourth quarter.

The next Boundiali mineral resource estimate update is targeted for early in the fourth quarter, with the definitive feasibility study expected late in the year, it added.

The company's shares rose 3% in recent Friday trade.

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