Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Aurum Resources Ltd (AUE.ASX)
Release Time 30 Oct 2025, 8:50 a.m.
Price Sensitive Yes
 Aurum Resources Delivers Rapid Growth at Boundiali Gold Project
Key Points
  • Boundiali Gold Project resources grow ~50% to 2.41Moz, with Indicated Resources increasing 53% to 0.92Moz
  • Ongoing 100,000m drilling program at Boundiali, with latest results including high-grade intercepts up to 234.35 g/t Au
  • Aurum expands footprint of Boundiali and Napié projects, earning up to 87% interest in new permit applications
Full Summary

Aurum Resources Limited (ASX: AUE) has provided a quarterly activities update, highlighting the rapid growth of its Boundiali Gold Project in Côte d'Ivoire. The company announced two significant Mineral Resource updates for Boundiali, with the total resources increasing by around 50% to 2.41 million ounces of gold. This includes a 53% increase in Indicated Resources to 920,000 ounces. The higher-grade component of the Boundiali Mineral Resource now stands at 1.32Moz at 1.7 g/t Au. Aurum's 100,000m drilling program at Boundiali is ongoing, with the latest results including exceptional high-grade intercepts of up to 234.35 g/t Au. The company also expanded the footprint of both the Boundiali and Napié Gold Projects, earning up to an 87% interest in new permit applications. At the Napié Gold Project, a 30,000m drilling program is underway, with initial results demonstrating the project's emerging potential. Aurum is well-funded with $45.2 million, including $23.675 million in cash and $21.5 million in Montage Gold Corp shares, to advance its exploration and development activities.

Outlook

Aurum is focused on rapidly growing the Mineral Resource at its Boundiali Gold Project, with the next major resource update planned for early Q1 2026. The company will also continue its 100,000m drilling program at Boundiali and the 30,000m program at the Napié Gold Project to further define and expand the resources at both projects.