Drilling at Napie Extends Gold Mineralisation to 400m Depth

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Stock Aurum Resources Ltd (AUE.ASX)
Release Time 11 Dec 2025, 9:49 a.m.
Price Sensitive Yes
 Aurum extends gold mineralization to 400m depth at Napié
Key Points
  • Drilling confirms multiple shallow, open-pitable gold intercepts at Tchaga deposit
  • Mineralization remains open along strike and at depth, indicating potential for resource growth
  • Aurum expands drilling fleet to 12 rigs, targeting 130,000m of drilling in 2025
Full Summary

Aurum Resources (ASX: AUE) has announced encouraging, broad gold intercepts from its ongoing 30,000m drilling program at the 0.87Moz Napié Gold Project in Côte d'Ivoire. The drill program is designed to grow Mineral Resources at Napié and has successfully confirmed multiple shallow, open-pitable gold intercepts from 18 holes drilled for 5,479m at the Tchaga deposit (0.54Moz @ 1.16g/t Au). Highlights include 5.00m @ 10.09 g/t Au from 209.00m, 50.00m @ 0.62 g/t Au from 363.00m, and 10.80m @ 4.52 g/t Au from 73.00m. Mineralization remains open along strike and at depth, tested to over 400m vertical, indicating significant potential for resource growth. Aurum has expanded its drilling fleet to 12 rigs and is targeting more than 130,000m of drilling at Boundiali and Napié in 2025. Two major Mineral Resource Estimate updates for Boundiali and Napié are scheduled for Q1 2026, aimed at growing the company's 3.28Moz resource base. Aurum maintains a strong cash balance of ~$43M to fund its exploration and development programs.

Outlook

Aurum is committed to a large-scale exploration program, including 100,000m of diamond drilling at Boundiali and 30,000m at Napié in 2025. The company plans to deliver major Mineral Resource Estimate updates for both projects in Q1 2026 and complete a Pre-Feasibility Study for the Boundiali Gold Project in the same timeframe.