Aurum advances Boundiali development with 3 ML Applications

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Stock Aurum Resources Ltd (AUE.ASX)
Release Time 7 Jan 2026, 8:41 a.m.
Price Sensitive Yes
 Aurum advances Boundiali development with 3 ML Applications
Key Points
  • Full Project Coverage: Three exploitation applications now pending over the Boundiali South (BST), Boundiali DS (BD), and Boundiali Minex (BM) tenements, totalling 572.67km²
  • Strong Catalyst Pipeline: Updated Mineral Resource Estimates (MRE) for Boundiali (2.41Moz) and Napié (0.87Moz), along with the Boundiali Pre-Feasibility Study (PFS), are all scheduled for release in Q1 CY2026
  • Aggressive 2026 Growth: Planning 100,000m of diamond drilling at Boundiali for 2026, with two additional MRE updates targeted for mid and late year. Another 30,000m diamond planned for Napié
Full Summary

Aurum Resources (ASX: AUE) is pleased to announce it has reached a significant regulatory milestone at its flagship Boundiali Gold Project in Côte d'Ivoire. The company now has three mining exploitation licence applications on foot with the Côte d'Ivoire Ministry of Mines, Petroleum and Energy, covering the Boundiali South (BST), Boundiali DS (BD), and Boundiali Minex (BM) tenements, totalling 572.67km². This comprehensive application footprint underscores Aurum's confidence in Boundiali's potential as a large-scale, modern open-pit mining operation. In 2025, the company grew its Boundiali resource from 1.59Moz to 2.41Moz and completed over 108,000m of drilling. Aurum also has a 0.87Moz resource at its Napié Gold Project. Looking ahead, the company has a strong catalyst pipeline, with updated Mineral Resource Estimates for both Boundiali and Napié, as well as a Boundiali Pre-Feasibility Study, all scheduled for release in Q1 2026. Aurum is planning an aggressive 2026 growth program, including 100,000m of diamond drilling at Boundiali and 30,000m at Napié. With a robust unaudited cash balance of ~$40.1M as of 31 December 2025, the company is well-funded to execute its development and exploration plans.

Guidance

Aurum is planning 100,000m of diamond drilling at Boundiali and 30,000m at Napié in the 2026 financial year. The company also expects to release updated Mineral Resource Estimates for both projects, as well as a Pre-Feasibility Study for the Boundiali Gold Project, in Q1 CY2026.

Outlook

Aurum is well-positioned to deliver significant value in 2026 with its robust cash position, clear pathway to a Definitive Feasibility Study at Boundiali, and aggressive growth plans including extensive drilling programs at both the Boundiali and Napié projects.