Aurum Resources has identified high-grade gold intercepts at its 1.59 million-ounce Boundiali Gold Project in Côte d’Ivoire, highlighting strong potential for resource expansion. Key drilling results include a remarkable 1 meter at 150.50 g/t Au within a 3-meter section averaging 50.56 g/t Au, starting from a depth of 124 meters in drill hole MBDD130.
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The recent exploration programs included 17 diamond drill holes for 4,550 meters and focused on several prospects within the Boundiali BM tenement. Other significant intercepts are 2 meters at 63.55 g/t Au, including 1 meter at 110.95 g/t Au, and 1 meter at 9.28 g/t Au and 1 meter at 58.39 g/t Au from drill hole MBDD121.
These results confirm the growing potential of the Boundiali project with mineralisation still open along strike and at depth. The current phase of the diamond drilling campaign of Aurum will be completed with six company-owned rigs, building towards a planned total of 100,000 meters in 2025 for further resource delineation and expansion.
Aurum’s Managing Director, Dr. Caigen Wang, expressed enthusiasm about the new findings, stating, “I am excited to announce new shallow high-grade gold intercepts at our Boundiali project.” He highlighted the significance of the ongoing drilling efforts at the BM Target 3 (BMT3), which has already yielded a project-best intercept of 1.19 meters at 277.54 g/t Au from previous drilling.
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These latest results will be included in the next MRE update, which the company expects to release during the first half of this year. The update will add to the current 1.59 million ounce MRE, updating results from ongoing drilling activities across various deposits.
Apart from the advancement of the Boundiali project, the other recent news by Aurum was to progress the takeover of Mako Gold in a deal that will expand its combined resource inventory to 2.47 million ounces of gold. It would also be supported with approximately US$23 million in cash reserves as it backs its aggressive exploration and development plans.
With the continuous and extensive drilling program undertaken by Aurum, the company is set to return meaningful resource growth well into the advancement of a PFS by the end of 2025; exciting times indeed for the company and shareholders alike in the burgeoning gold sector of Côte d’Ivoire.
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