Aurum Resources' significant gold discovery

Aurum Resources (ASX:AUE) has announced high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, highlighted by a standout intercept of 1.19 meters at 277.54 grams per tonne of gold. The project involves extensive diamond drilling across the Boundiali BM and BD tenements, indicating promising results. The company maintains strong financial backing with approximately AUD 23 million in cash.

Aurum Resources' future exploration and growth plans

Aurum Resources has achieved notable success with its Boundiali Gold Project, reporting high-grade intercepts including 1.19 meters at 277.54 g/t of gold. The exploration involved significant diamond drilling efforts, with plans to continue extensive drilling into 2024 and 2025. The company is financially robust with AUD 23 million in reserves, supporting its aggressive exploration and strategic goals. Aurum's takeover of Mako Gold aims to expand its footprint and create a larger gold exploration presence in West Africa, with the merger set to conclude by January 2025. An inaugural Mineral Resource Estimate is anticipated by the end of 2024, underscoring the project's potential to enhance Aurum's market position.

Executive insights on Boundiali gold findings

The mineralization remains open both along strike and at depth, indicating potential for further resource expansion.