< Go Back

Aurum’s Boundiali Gold Project delivers 1.59 Moz JORC Resource

The first independent JORC Mineral Resource Estimate of the Boundiali Gold Project of Aurum Resources Limited in Côte d’Ivoire, West Africa, reported 1.59 million ounces of gold. The 1,037 km² resource comprises the BST, BDT1, BDT2, BMT1, and BMT3 deposits, among others, and has significant upside potential for further resource growth.

ALSO READ:
Aurum Resources’ Boundiali Gold Project recovers 95% of gold

Resource Breakdown

The JORC Mineral Resource Estimate is detailed as follows:

• BST: 11.0 Mt at 1.0 g/t Au for 360,000 ounces
• BDT1: 11.9 Mt at 0.9 g/t Au for 340,000 ounces
• BDT2: 16.3 Mt at 0.8 g/t Au for 440,000 ounces
• BMT1: 7.5 Mt at 1.2 g/t Au for 300,000 ounces
• BMT3: 4.2 Mt at 1.1 g/t Au for 150,000 ounces
• Total: 50.9 Mt at 1.0 g/t Au for 1,590,000 ounces

Aurum Resources Limited plans to conduct 100,000 meters of drilling at Boundiali through its six self-owned diamond rigs in CY2025 to drive resource growth. The company is nearing the compulsory acquisition of Mako Gold and is well-positioned financially, with around $23 million in available funds to support ongoing intensive exploration efforts.

Aurum’s Managing Director Dr. Caigen Wang said: “Aurum is pleased to announce the maiden JORC Mineral Resource Estimate for its Boundiali gold project, just 12 months after acquiring the permits and establishing JV partnerships.

ALSO READ:
Aurum secures A$10 Million Placement to advance Gold Projects

“Since October 2023, our team has completed an extensive 63,927-meter diamond drilling program. This aggressive exploration campaign has rapidly defined a significant gold resource of 50.9Mt @ 1.0 g/t Au for 1.6 million ounces. We anticipate further resource growth in 2025 through continued exploration focused on expanding existing deposits and testing new targets within the Boundiali project area.

“Dr. Wang also added that the project is emerging as a potential hub-and-spoke operation, with multiple deposits feeding a central processing facility. Preliminary metallurgical testing indicates excellent gold recoveries exceeding 95% using conventional gravity and CIL (carbon-in-leach) processing methods.

“With a strong balance sheet and support from shareholders, Aurum remains committed to an ambitious yet achievable drilling program in 2025 aimed at driving resource expansion and underpinning a Pre-Feasibility Study (PFS) expected by year-end. The Boundiali Gold Project is strategically located in northern Côte d’Ivoire and is well-connected by quality roads and infrastructure, positioning it favourably for future mining operations and exploration activities,” Dr. Wang concluded.

About the author

Mining Review Africa
Content Team

Mining Review Africa

Mining Review Africa is a platform promoting advancement and sustainable development in African mining, providing insights on technology, finance, and industry trends through engagement with mining companies and suppliers.