Aurum’s 100,000m Drilling Program Targets Expansion of 1.59Moz Boundiali Resource

Exceptional High-Grade Gold Intercepts

Aurum Resources Limited (ASX: AUE) has unveiled further impressive drilling results from its Boundiali Gold Project in Côte d'Ivoire, highlighting a remarkable 1 metre intercept grading 73.10 grams per tonne (g/t) gold at just 69 metres depth within the BM Target 3 deposit. This intercept forms part of a broader 12 metre zone averaging 6.66 g/t gold, underscoring the project's potential for high-grade mineralisation close to surface.

Additional notable results include 1m at 21.20 g/t gold from 19m and multiple other intercepts exceeding 2 g/t gold over several metres. These findings reinforce the emerging upside of the Boundiali project, where mineralisation remains open both along strike and at depth.

Aggressive Drilling and Resource Growth Strategy

To capitalise on these promising results, Aurum is executing an ambitious 100,000-metre diamond drilling program throughout 2025, utilising its fleet of eight self-owned diamond rigs, soon expanding to ten. This extensive campaign aims to expand and upgrade resources across the BM, BD, and BST deposits, as well as test new targets identified through soil anomalies and geological mapping.

The company plans two Mineral Resource Estimate (MRE) updates this year, with the first expected in July incorporating the latest high-grade intercepts. A second update later in the year will integrate results from ongoing drilling and exploration activities, potentially lifting the maiden 1.59 million ounce (Moz) Boundiali resource.

Advancing Towards Development

Beyond exploration, Aurum has commenced a Pre-Feasibility Study (PFS) for the Boundiali Gold Project, targeting completion by the end of 2025. This study will assess the project's economic and technical viability, a critical step towards potential mine development.

In parallel, Aurum is preparing for a 30,000-metre drill program at its recently acquired Napié Gold Project, which currently hosts a 0.87 Moz resource. Drilling is scheduled to start mid-June, with an updated resource estimate anticipated by year-end, further bolstering Aurum’s combined gold inventory to approximately 2.5 Moz.

Strong Financial Position Supports Growth

Aurum’s exploration and development ambitions are underpinned by a robust financial position, following a $35.6 million private placement completed in May 2025. Ownership and operation of its own diamond drill rigs provide cost-effective and accelerated exploration capabilities, setting Aurum apart from many peers.

Managing Director Dr. Caigen Wang emphasised the company’s confidence in expanding the Boundiali resource, noting that drilling is extending mineralisation limits and increasing confidence through tighter line spacing. The combination of high-grade results, aggressive drilling, and strong funding positions Aurum well for significant value creation in the near term.