Aurum Resources Drilling Hits More Shallow, Wide Gold At Boundiali

Aurum Resources Ltd (ASX: AUE) has revealed further shallow, wide gold intersections from diamond drilling at the BD Target 2.

The results are from ongoing drilling at the Boundiali Gold Project in Côte d’Ivoire, West Africa.

Read: Aurum Resources Steps Up Boundiali Gold Drilling As Results Shine

Assay results from 18 holes for 3070 metres drilled at BD Target 2 returned multiple gold hits including:

  • 74m (metres) at 1.00 g/t Au (gold) from 167m including 1m at 24.73 g/t Au; and
  • 6m at 3.31 g/t Au from 99m.

Large mineralised corridor

Aurum is performing diamond drilling using its own drill rigs and personnel to evaluate a 1.6km long by 1km wide gold prospect.

The prospect sits within a larger 13km by 3km gold mineralised corridor (which includes three gold prospects currently being drill tested).

Gold system is open

Aurum Managing Director Dr Caigen Wang said: “We are very pleased to see BD Target 2 is shaping up nicely with good, wide intercepts from 100m line spacing diamond holes confirming the gold system is open along strike and continues at depth.

 “These new shallow, wide gold intercepts prove the gold system continues in fresh rock underneath shallow oxide RC drilling (30 holes for 2,057m) drilled by previous explorers.”

Next steps

Aurum will continue high-tempo gold exploration drilling at Boundiali with scout diamond drilling at the BD tenement ongoing.

The company expects more assay results from this drilling in the coming weeks.

Read: Aurum Resources Expands Footprint In Gold Rich Region of Côte d’Ivoire

Aurum recently added a third diamond drill rig to add to its fleet, increasing drilling capacity to ~4,000m per month.

The fleet will soon increase to four diamond drill rigs to drill ~6,000m per month.

Well-funded

Aurum has a strong cash balance of ~A$5 million allowing it to continue to explore at Boundiali aggressively.

The company’s goal is to define an inaugural resource before the end of CY2024.

 

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