Aurum Resources Steps Up Boundiali Gold Drilling As Results Shine

Aurum Resources Ltd (ASX: AUE) has revealed further shallow, wide gold intersections from drilling at the BD Target 1.

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

Assay results for scout and step-back diamond drilling (4 holes for 940.5 metres) reported multiple gold hits including:

  • 59m (metres) at 1.42 g/t Au (gold) from 68m peaking at 13m at 3.92 g/t Au; and
  • 23m at 1.36 g/t Au from 293m peaking at 5m @ 3.32 g/t Au.

“Gold system is open”

Aurum Managing Director Dr. Caigen Wang said: “Results from two step-back holes at BD Target 1 have confirmed the gold system is open and continues at depth.

 “It is very encouraging to see these new wide gold intercepts underneath earlier results such as 73m @ 2.15g/t Au from 172m (DSDD0012).

 “We have drilled ~60m down dip with these holes from the previous hits and these are the deepest holes (covering ~300m vertically) drilled on the project so far.”

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.

Aurum recently added a third diamond drill rig to add to its fleet, which will increase drilling capacity from 2,600m per month to ~4,000m per month.

Wang said the company targets delivering its inaugural JORC resources by late 2024.

Aurum has a strong cash balance of ~A$6 million (unaudited) to support its aggressive drill program.

 

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