Aurum Resources Limited (ASX:AUE) Announcement

Aurum Resources Limited (ASX:AUE) has successfully earned a 51% project interest on the BM Joint Venture (JV) project, a part of its Boundiali Gold Project in Côte d'Ivoire, West Africa. The achievement follows the completion of over 8,000m of diamond core drilling by Aurum subsidiary Plusor Global Pty Ltd on the Plusor-Minex JV tenement, meeting the Company's commitment for earning 51% project interest within the first 12 months of JV commencement.

Executive Commentary

Aurum's Managing Director Dr. Caigen Wang expressed satisfaction with the completion of the 8,000m diamond drilling, attributing the success to careful planning and execution. Dr. Wang also highlighted the encouraging results from the scouting drilling campaign and the pending assay results, expressing excitement about the potential of the ongoing diamond drilling to define inaugural JORC resources on the JV project and the BD tenement.

Summary and Outlook

Aurum Resources Limited has made significant progress in its Boundiali Gold Project, achieving a 51% project interest in the BM Joint Venture through successful diamond drilling. The Company is well-funded for continued aggressive exploration, with a goal of defining an inaugural resource before the end of CY2024. With ongoing diamond drilling and the pending assay results, Aurum is optimistic about the potential of the project and remains committed to delivering value for its shareholders. The Company's ambitions include targeting an initial JORC resource by late CY2024 and continuing exploration to fulfill its project interest commitments across multiple tenements.