Aurum hits 17m @ 9.38 g/t gold from 236m at Napie

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Stock Aurum Resources Ltd (AUE.ASX)
Release Time 10 Sep 2025, 8:59 a.m.
Price Sensitive Yes
 Aurum hits 17m @ 9.38 g/t gold from 236m at Napié Gold Project, Côte d'Ivoire
Key Points
  • Assay results from first two diamond holes at Tchaga deposit extend known limits of gold mineralization at depth
  • Highlights include 17m @ 9.38 g/t Au from 236m, 4m @ 11.82 g/t Au from 362m, and 17m @ 1.49 g/t Au from 387m
  • Drilling ongoing with 30,000m program at Napié and 100,000m at Boundiali to deliver resource updates by end of 2025
Full Summary

Aurum Resources (ASX: AUE) has reported high-grade gold intercepts from step-back diamond drilling at its Tchaga deposit, part of the Company's 0.87Moz Napié Gold Project in Côte d'Ivoire. The results are part of a 30,000m drilling program at Napié, with the Company aiming to deliver the project's first resource update in late 2025. Highlights include 17m @ 9.38 g/t Au from 236m, including 3m @ 49.46 g/t Au and 1m @ 143.58 g/t Au, as well as 4m @ 11.82 g/t Au from 362m and 17m @ 1.49 g/t Au from 387m. These new results, combined with an extensive dataset of predominantly RC exploration holes previously reported by Mako Gold, demonstrate the emerging potential and continued upside of the Napié gold project, with mineralization remaining open along strike and at depth. Aurum is also committed to a large-scale 100,000m drilling program at its Boundiali Gold Project, with the aim of increasing the size and confidence of current resources and advancing known prospects for incorporation into the next Mineral Resource Estimate update expected by the end of 2025. Aurum is well-funded with $40M (cash plus Montage shares) to execute these exploration and development plans, remaining focused on delivering value for shareholders through resource growth and project advancement.

Guidance

Aurum is planning to deliver two Mineral Resource Estimate updates (for Boundiali and Napié) by the end of 2025, with the aim of growing the Company's combined 3.28Moz resource base. The Company is also working towards completing a Pre-Feasibility Study for the Boundiali Gold Project by the end of 2025.

Outlook

Aurum is committed to aggressive, cost-effective exploration at both the Napié and Boundiali Gold Projects, with 30,000m of diamond drilling planned at Napié and 100,000m at Boundiali in 2025. The Company is well-funded to execute these exploration and development plans and remains focused on delivering value for shareholders through resource growth and project advancement.