Aurum Resources Limited (ASX: $AUE) announces strategic partnership to expand Boundiali Gold Project

Aurum Resources Limited (ASX: $AUE) has announced a strategic partnership agreement to earn up to a 70% interest in exploration tenement PR283, to be renamed Boundiali North (BN). The tenement is located immediately north of the Company's existing BD tenement (PR808) within the highly prospective Boundiali Gold Project in Côte d'Ivoire, West Africa. The partnership with Ivorian company Geb & Nut Resources Sarl and related party (GNRR) aims to explore and develop the BN tenement, covering 208.87km2.

Executive Commentary on the Partnership Agreement

Aurum's Managing Director Dr. Caigen Wang expressed enthusiasm about the partnership, stating, 'This partnership with Geb & Nut Resources is a significant step in expanding our footprint at Boundiali with the addition of the exciting Boundiali North tenement. Our existing knowledge of the region's geology and mineralization will be invaluable as we explore BN. We are grateful for GNRR's confidence in our exploration capabilities and are eager to unlock the potential of this highly promising tenement. The addition of this new joint venture project strengthens our belief in the potential for discovering a multi-million-ounce gold resource at Boundiali.'

Summary of Aurum's Expansion and Future Outlook

Aurum Resources Limited (ASX: $AUE) has expanded its Boundiali Gold Project through a strategic partnership agreement to explore and develop the Boundiali North tenement. The partnership with Geb & Nut Resources Sarl and related party (GNRR) aims to earn up to a 70% interest in the BN tenement, covering 208.87km2. The company is well-funded to continue aggressive exploration at Boundiali, with an unaudited cash balance of approximately A$6 million and is on track to deliver an inaugural resource estimate in late CY2024. The partnership signifies Aurum's commitment to expanding its presence and exploring the potential for discovering a multi-million-ounce gold resource at Boundiali.