Aurum Resources' milestone gold discovery

Aurum Resources (ASX:AUE) has announced a Maiden JORC Mineral Resource Estimate of 1.59 million ounces of gold for its Boundiali Gold Project in Côte d'Ivoire. This significant discovery encompasses the BST, BDT1, BDT2, BMT1, and BMT3 deposits. The company plans to extend its exploration efforts with an ambitious 100,000-meter drilling program in 2025.

Aurum Resources' strategic outlook and future plans

Aurum Resources has reported a Maiden JORC Mineral Resource Estimate of 1.59 million ounces of gold for the Boundiali Gold Project in Côte d'Ivoire. This includes several deposits, with exploration efforts poised to expand further. The company's robust cash reserves of $23 million will support ongoing and future exploration activities, including a 100,000-meter drilling program planned for 2025. Aurum is actively working towards completing a Pre-Feasibility Study by the end of 2025, with the vision of establishing a hub-and-spoke operation. Additionally, Aurum is pursuing strategic acquisitions, such as Mako Gold, to bolster its exploration footprint. The company's strong financial position and strategic initiatives highlight its commitment to becoming a leading player in the West African gold mining sector.

Executive insights on Boundiali resource estimate

We are thrilled to announce our Maiden JORC Mineral Resource Estimate for the Boundiali Gold Project. This marks a significant milestone for Aurum Resources as we continue to explore and expand our resource base in West Africa. Our strong financial position, with $23 million in cash reserves, ensures we can pursue aggressive exploration activities, including our planned 100,000-meter drilling program in 2025. We are committed to advancing the project towards a Pre-Feasibility Study by 2025 and are excited about the potential of the Boundiali Project to become a central hub with multiple deposits feeding into a central processing facility.