Dazzling 50% upgrade pushes Aurum African gold resources to 2.41Moz
When combined with the company's Napié project's 0.87 million ounces, Aurum's combined resources across its tenement group now total 3.28 million ounces of the yellow metal, marking a significant milestone in the company's growth as a leading West African gold explorer.
The new resource estimate comprises 18.5 million tonnes of indicated resources at 1g/t gold for 600,000 ounces and 54.2Mt of inferred resources at 1g/t gold for 1.81 million ounces, using cut-off grades of 0.4g/t above 300 metres depth and 1g/t below 300m.
The 2025 Boundiali resource estimate spans six deposits - BST1, BDT1, BDT2, BDT3, BMT1, BMT3 - across three tenements, with high-grade inferred resources including 400,000 ounces at 2g/t gold in BMT3, 220,000 ounces at 1.7g/t gold in BMT1 and 100,000 ounces at 1.9g/t gold in BDT3.
'Our team has achieved an 820,000 ounce increase from seven months of drilling since the maiden MRE in December 2024, a 52% increase.'
Aurum Resources managing director Dr Caigen Wang
Aurum Resources managing director Dr Caigen Wang said: ' Apart from this significant growth in quantity, this updated MRE realised a 362% increase in the indicated resource component from 130,000 ounces in the December 2024 MRE to 600,000 ounces in this updated MRE.'
Located in the prolifically productive West African Craton, Boundiali shares the same greenstone belt as major gold mines such as African focussed Resolute Mining's 11.5-million-ounce Syama deposit and Montage Gold's 4.5-million-ounce Koné operation.
The Boundiali project has excellent infrastructure, including sealed roads that connect it to the city of Korhogo, 100km to the east, and 225kVA power lines spanning the project ground, which support efficient exploration and future mining operations.
Gold mineralisation, hosted in shear-zone quartz veins with pyrite and visible gold, remains open along strike and at depth, pointing to likely significant future upside.
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