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General mining & base metals

Aurum hits bonanza gold grades at Boundiali project in Côte d’Ivoire

Aurum Resources Ltd (ASX:AUE) has returned exceptional high-grade gold results from its ongoing 100,000-metre drilling program at the 2.41-million-ounce (Moz) Boundiali Gold Project in Côte d’Ivoire, including a standout intercept of 1 metre at 152.35 g/t gold from 96 metres.

The infill diamond drilling campaign is targeting the BMT3 and BDT2 deposits with the aim of upgrading mineral resource confidence. The latest assays confirm the continuity of mineralisation and the presence of high-grade shoots, while both deposits remain open along strike and at depth.

Standout results from Boundiali

Highlights from the BMT3 deposit include:

  • 1 metre @ 152.35 g/t gold from 96m (MBDD260)
  • 21 metres @ 4.06 g/t from 128m, including 1.4m @ 53.22 g/t (MBDD250)
  • 5m @ 10.80 g/t from 82m, including 4m @ 13.45 g/t (MBDD255)
  • 6.65m @ 6.23 g/t from 52m (MBDD238)
  • 9.3m @ 4.44 g/t from 75m, including 4.3m @ 9.10 g/t (MBDD232).

Plan view showing new drill results (yellow) for BMT3

At the BDT2 deposit, results include:

  • 10.5m @ 2.39 g/t from 43.5m, including 1m @ 22.81 g/t (DSDD0254)
  • 0.9m @ 22.03 g/t from 126m (DSDD0252).

Plan view showing new drill results (yellow) for BDT2

Managing director Dr Caigen Wang said the results underscored the scale of the potential of Aurum’s portfolio in Côte d’Ivoire.

“The bonanza hit of 1m @ 152.35 g/t gold from 96m at Boundiali confirms the system at BDT3 hosts high-grade shoots, with this intercept being drilled up-dip from 1.43m at 234.35 g/t gold from 107m,” he said. “Crucially, this success is not isolated to our Boundiali gold project. At our Napié Project, recent drilling has also returned a fantastic result of 17m @ 9.38 g/t gold from 236m, significantly extending mineralisation at depth.”

Accelerated growth strategy

To fast-track resource growth, Aurum has expanded its owned drilling fleet to 12 rigs, with more than 130,000 metres of drilling planned across Boundiali and Napié in 2025. Two major mineral resource estimate (MRE) updates — one for each project — are scheduled for early Q1 2026.

A pre-feasibility study (PFS) is already under way for Boundiali, with completion also slated for Q1 2026. The project sits in a prolific greenstone belt that also hosts Resolute’s 11.5-million-ounce (Moz) Syama gold mine, Perseus’ 1.4Moz Sissingué mine, and Montage Gold’s 5.5Moz Koné project.

Location of Aurum’s Boundiali and Napié gold projects in Côte d'Ivoire

Well-funded for exploration

Aurum reported a strong cash position of about $40 million (including Montage shares, unaudited), providing ample funding for its aggressive exploration and development programs.

“Our unique advantage is our owned and operated fleet of 12 drill rigs, which allows us to aggressively and cost-effectively test these systems,” Wang said. “With a strong cash balance of $40 million, a clear development pathway with the Boundiali PFS under way, and major resource updates pending, we are in an excellent position to deliver substantial shareholder value through 2025 and into 2026.”

What’s next

  • Continued large-scale infill and step-out drilling at Boundiali, with a focus on resource growth and new discoveries.
  • A 30,000-metre program underway at the 0.87Moz Napié Project.
  • Delivery of Boundiali and Napié MRE updates in early 2026, alongside completion of the Boundiali PFS.

Aurum holds a global gold resource base of 3.28Moz across its Côte d’Ivoire portfolio and says it remains focused on building ounces and advancing projects towards development.

Location of Aurum’s projects in Côte d'Ivoire

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