Boundiali Resource Grows to 3Moz - Indicated Up 49%

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Stock Aurum Resources Ltd (AUE.ASX)
Release Time 23 Feb 2026, 8:23 a.m.
Price Sensitive Yes
 Boundiali Resource Grows to 3Moz - Indicated Up 49%
Key Points
  • Boundiali Total Mineral Resources increase 26% to 3.03M ounces at 1.0 g/t Au
  • Indicated Resources totalling 40.8Mt at 1.0 g/t Au for 1,370,000 ounces
  • Ongoing exploration success with gold mineralisation open along strike and at depth
Full Summary

Aurum Resources Limited (ASX: AUE) is pleased to announce a major milestone at its Boundiali Gold Project in Côte d'Ivoire, headlined by a substantial 49% increase (+450koz) in Indicated Resources to 1.37Moz Au. This high-confidence growth drives the total Boundiali Mineral Resource Estimate (MRE) to 3.03Moz Au and provides a robust foundation for Boundiali's upcoming PFS, cementing the project's status as a premier, large-scale West African gold asset. The updated MRE includes increases to the BST1, BDT2, BDT3 and BMT3 deposits. Drilling is ongoing at Boundiali, and Aurum has identified other prospects at Boundiali which have yet to be drilled. The company's 100,000m drilling program for CY2026 is underway and the next major MRE update is planned for early Q3 CY2026. Aurum's Group Resource now stands at 3.90Moz gold across Boundiali (3.03Moz) and Napié (0.87Moz) projects. The Boundiali PFS is expected by the end of Q1 CY 2026, and the first MRE update for Napié is also expected this quarter.

Guidance

Aurum is well-funded with $40.2M cash (31 December 2025 unaudited) for continued exploration success.

Outlook

Aurum remains focused on testing numerous high-priority targets that have yet to see a drill bit, as well as testing depth and strike extensions where all deposits remain open. The company is committed to rapidly expanding its resource base and delivering significant value to shareholders as it cements Boundiali's status as a premier West African gold project.