Aurum Resources Limited (ASX: $AUE) delivers outstanding preliminary metallurgical test results at Boundiali Gold Project

Aurum Resources Limited (ASX: $AUE) has reported exceptional results from initial metallurgical testing at the BD Target 1 (BDT1) prospect at its Boundiali Gold Project in Côte d'Ivoire, West Africa. The bottle roll tests on 50 samples from BDT1 have confirmed that gold mineralization is free milling, with cyanide leach recoveries consistently exceeding 93% for samples grading 0.25 g/t gold or higher. Oxide samples have exhibited exceptional gold recoveries, averaging 97.5% and reaching a maximum of 99%. The metallurgical response aligns with typical free-milling ores found in similar deposits. Further testing is planned to establish and optimize processing flowsheets. Aurum received firm commitments for a $17M Share Placement in June with Shareholders to vote on Tranche 2 on 6 August 2024.

Aurum's Managing Director Dr. Caigen Wang comments on the preliminary metallurgical test results

Dr. Caigen Wang, Aurum's Managing Director, expressed satisfaction with the preliminary gold recoveries, confirming that gold at BDT1 is highly amenable to standard cyanide leaching. He highlighted the encouraging results and the company's well-funded position following a recent Share Placement and Share Purchase Plan. Dr. Wang also mentioned the rapid expansion of the drilling program at Boundiali, with six Aurum-owned diamond rigs expected to be operational by the end of August. The company aims to target delivery of an initial JORC resource for Boundiali by the end of 2024.

Summary of Aurum Resources' preliminary metallurgical test work and future plans

The preliminary metallurgical test work at Aurum Resources' Boundiali Gold Project has delivered exceptional gold recoveries, particularly in oxide samples, supporting the potential for a successful gold mining operation. The company plans to conduct further metallurgical test work to characterize the ore and develop processing flowsheets, including gravity, leach/adsorption, variability test work, and comminution testing. With the acceleration of exploration drilling and the well-funded position, Aurum aims to define an initial JORC Resource by the end of 2024. The company's Boundiali Gold Project, located in a promising greenstone belt, holds significant potential for future mining operations, supported by the positive metallurgical test results.