Aurum Resources Delivers High-Grade Gold Hits at Boundiali BDT2 Deposit

Standout High-Grade Intercept Extends Boundiali Gold Potential

Aurum Resources (ASX:AUE) has unveiled a remarkable gold intercept from its ongoing diamond drilling program at the Boundiali Gold Project in Côte d'Ivoire. The highlight is a 1.7-metre section grading an extraordinary 70.35 grams per tonne (g/t) gold from 276.5 metres at the BDT2 deposit, part of a broader 6.54m interval averaging 13.36 g/t Au. This intercept, from hole DSDD0445, sits about 40 metres down dip below previous drilling and confirms the gold system remains open at depth.

The latest batch includes 26 holes totaling 8,720 metres aimed at upgrading Inferred Resources to Indicated status and testing the limits of known mineralisation. Multiple zones of thick gold mineralisation were encountered, with other notable intercepts such as 21m at 1.12 g/t Au (including 1m at 14.99 g/t) and 2.8m at 4.39 g/t Au (including 0.9m at 12.68 g/t). These results reinforce the scale potential of the deposit, which lies within a 13 by 3-kilometre mineralised corridor featuring free-milling gold associated with sulphides and alteration minerals.

Aggressive Drilling Program Targets Resource Growth and Confidence

Aurum is executing a 100,000-metre diamond drilling campaign across Boundiali, with 16 rigs actively operating to drive resource expansion and improve geological confidence. The company plans to incorporate these new results into a major Mineral Resource Estimate (MRE) update targeted for the end of Q3 2026. Following the MRE, Aurum aims to deliver a Definitive Feasibility Study (DFS) by late 2026, building on the Pre-Feasibility Study and maiden Ore Reserves announced in June.

Managing Director Dr Caigen Wang emphasised the rapid pace of resource growth, noting that since acquiring the ground, Aurum has expanded Boundiali's resources to 3.22 million ounces, with all deposits remaining open. The company’s strategy focuses not only on converting existing resources but also on exploring for blind discoveries beyond the outcropping anomalies targeted so far.

Development Milestones and Strong Financial Position

Environmental approvals for Boundiali were secured in May 2026, clearing a key hurdle towards mining licence grants, expected by late Q3 2026. Aurum's strong balance sheet, with $61.5 million in cash as of March 31, 2026, underpins its aggressive exploration and development plans. The DFS will integrate 2026 drilling results and PFS data, aiming to fast-track the project towards first gold production in the first half of 2028.

Beyond Boundiali, Aurum holds a combined group gold resource of 4.4 million ounces, including the 1.16 million ounce Napié Gold Project, where a 30,000-metre drilling program is underway. The company is also advancing regional exploration through joint ventures and partnerships designed to generate new targets and discoveries.

Geological Context and Sampling Rigor

The BDT2 deposit is hosted in a thick sandstone unit within a major regional shear zone, typical of West African granite-greenstone gold systems. Aurum employs industry-standard diamond drilling with rigorous sampling and assay protocols, including Chrysos PhotonAssay technology for high-precision gold measurement. Drill core recoveries are consistently high, and the sampling approach is designed to address the moderately nuggetty nature of the gold mineralisation.

True widths of mineralised intercepts are estimated at 60% to 85% of downhole lengths, reflecting the steeply dipping geometry of the deposit. Aurum’s comprehensive data collection and quality assurance underpin the confidence in resource modelling and feasibility planning.