Aurum’s Boundiali Project Hits 350 g/t Gold Over 0.8m, Expands Fleet to 12 Rigs

Exceptional High-Grade Gold 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 0.8 metre intercept grading 350 grams per tonne (g/t) gold from 277 metres depth at the BMT3 deposit, confirming the presence of multiple high-grade shoots within the system.

Additional significant intercepts include 1 metre at 274.89 g/t gold from 380 metres and broader zones of mineralisation such as 11 metres at 3.20 g/t gold at BMT3, alongside strong results from the BST1 deposit, including 3 metres at 10.61 g/t gold. These results reinforce the continuity and high-grade nature of the mineralisation across the project.

Accelerated Exploration with Expanded Drilling Capacity

To capitalize on these promising results, Aurum has expanded its owned diamond drilling fleet to 12 rigs, enabling a more aggressive and cost-effective exploration campaign. The company plans to complete over 130,000 metres of drilling across the Boundiali and Napié projects during calendar year 2025, aiming to increase resource confidence and size.

This drilling program targets not only resource expansion at known deposits but also scout drilling to test new prospects identified through soil anomalies and geological mapping. The ongoing exploration is designed to feed into major Mineral Resource Estimate (MRE) updates scheduled for early Q1 2026.

Development Milestones and Financial Strength

Aurum is advancing the Boundiali Gold Project towards development with a Pre-Feasibility Study (PFS) underway, expected to deliver results in the first quarter of 2026. This study will assess the project's economic and technical viability, providing a clearer pathway to production.

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

Regional Context and Strategic Positioning

The Boundiali Gold Project, hosting 2.41 million ounces of gold resources, is strategically located within a prolific West African greenstone belt, near major gold mines operated by industry leaders such as Resolute and Barrick. Aurum’s portfolio also includes the 0.87 million ounce Napié Gold Project, where drilling continues to extend mineralisation at depth.

Managing Director Dr. Caigen Wang emphasized the company’s unique advantage in owning and operating a large diamond drilling fleet, enabling rapid and flexible testing of targets. He highlighted the recent bonanza-grade intercepts as validation of Aurum’s exploration strategy and expressed confidence in delivering substantial shareholder value through resource growth and project advancement.