Aurum’s Boundiali Project Yields 1m at 152.35 g/t Gold in Latest Drilling

Exceptional High-Grade Intercepts at Boundiali

Aurum Resources Limited (ASX, AUE) has unveiled a series of impressive drill results from its ongoing infill drilling program at the Boundiali Gold Project in Côte d’Ivoire. The highlight is a remarkable intercept of 1 metre grading 152.35 grams per tonne (g/t) gold from 96 metres depth at the BMT3 deposit. This intercept underscores the presence of high-grade shoots within the mineralised system, confirming the continuity and quality of gold mineralisation.

Additional significant intercepts include 21 metres at 4.06 g/t gold and 5 metres at 10.80 g/t gold at BMT3, as well as promising results at the BDT2 deposit such as 10.5 metres at 2.39 g/t gold. These results reinforce the potential for resource expansion at Boundiali, with mineralisation remaining open along strike and at depth.

Accelerated Drilling and Resource Growth Strategy

To capitalize on these encouraging results, Aurum has expanded its owned drilling fleet to 12 rigs, aiming to complete over 130,000 metres of drilling in calendar year 2025. This aggressive and cost-effective exploration approach is designed to increase the size and confidence of current resources, advance prospects for inclusion in upcoming Mineral Resource Estimate (MRE) updates, and test new targets identified through soil anomalies and geological mapping.

The company is preparing two major MRE updates for its Boundiali and Napié projects, both scheduled for early Q1 2026. These updates are expected to grow Aurum’s combined resource base beyond the current 3.28 million ounces of gold.

Advancing Towards Development Milestones

Alongside exploration, Aurum has commenced a Pre-Feasibility Study (PFS) for the Boundiali Gold Project, with results anticipated in Q1 2026. The PFS will assess the economic and technical viability of the project, marking a critical step towards potential development and production.

Financially, Aurum is well-positioned with a strong cash balance of approximately $40 million, including holdings in Montage shares. This robust funding base supports the company’s exploration and development programs without immediate capital constraints.

Regional Context and Project Portfolio

Boundiali is situated within a prolific gold belt in Côte d’Ivoire, near major mines such as Resolute’s Syama and Perseus’ Sissingué. Aurum’s portfolio also includes the 0.87 million ounce Napié Gold Project and other exploration tenements with significant growth potential. The company’s strategy leverages its owned drilling fleet to maintain exploration momentum and cost efficiency, setting it apart from many peers.

Managing Director Dr. Caigen Wang highlighted the significance of the high-grade intercepts and the company’s capacity to deliver value across multiple assets, emphasizing the strong development pathway and shareholder value creation prospects through 2025 and into 2026.