Aurum Reports 5m @ 10.09 g/t Au Intercept at Tchaga Deposit in Côte d'Ivoire

Strong Drilling Results at Napié's Tchaga Deposit

Aurum Resources Limited (ASX, AUE) has unveiled encouraging results from its extensive 30,000-metre diamond drilling campaign at the Napié Gold Project in Côte d'Ivoire. The latest assays from 18 holes totaling 5,479 metres at the Tchaga deposit have confirmed multiple broad and high-grade gold intercepts, including standout results such as 5 metres at 10.09 grams per tonne gold and 10.8 metres at 4.52 grams per tonne gold. These intercepts are predominantly shallow and open-pitable, enhancing the project's economic appeal.

Resource Expansion Potential and Ongoing Exploration

Importantly, the gold mineralisation at Tchaga remains open both along strike and at depth, with drilling extending beyond 400 metres vertically, well below the current Mineral Resource Estimate (MRE) of 0.54 million ounces at 1.16 g/t gold. Aurum's Managing Director, Dr. Caigen Wang, highlighted a higher-grade core spanning approximately 400 metres of strike length, underscoring the potential for significant resource growth. The company continues to drill aggressively, with assays pending and further results expected throughout the remainder of the year.

Strategic Drilling and Development Plans

Aurum is leveraging its unique advantage of owning and operating a fleet of 12 diamond drill rigs, enabling rapid and cost-effective exploration. In addition to the two rigs currently deployed at Napié, 12 rigs are active at the Boundiali Gold Project, where Aurum is targeting over 100,000 metres of drilling in 2025. These efforts aim to increase both the size and confidence of existing resources and to explore new prospects identified through soil anomalies and geological mapping.

Upcoming Milestones and Financial Strength

Two major MRE updates for the Boundiali and Napié projects are scheduled for the first quarter of 2026, anticipated to grow Aurum's current 3.28 million ounce resource base. Concurrently, the company is advancing a Pre-Feasibility Study (PFS) for the Boundiali Project, with results also expected in early 2026. Aurum's robust financial position, with approximately $43 million in cash, provides a solid foundation to fund these exploration and development initiatives without immediate capital constraints.

Regional Context and Strategic Positioning

Situated within the prolific Birimian greenstone belt, Aurum's projects benefit from proximity to several large gold mines operated by major companies. The Napié and Boundiali projects are strategically positioned along significant shear zones controlling gold mineralisation, enhancing the geological prospectivity. Aurum's integrated approach, combining aggressive drilling with strong financial backing, positions it well to capitalize on the region's potential and deliver shareholder value.