Boundiali BST1 depth extension 220m below current MRE

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Stock Aurum Resources Ltd (AUE.ASX)
Release Time 16 Apr 2026, 8:55 a.m.
Price Sensitive Yes
 Aurum extends gold mineralization at Boundiali's BST1 by 220m below current MRE
Key Points
  • BST1 depth extension: Drilling confirms gold mineralization outside of current MRE down to 220m vertically below current resource model; gold system remains open
  • 130,000m planned for CY2026: 14 diamond drill rigs turning to drive resource growth and news flow
  • Boundiali Pre-Feasibility Study (PFS) expected in Q2 CY2026 and Definitive Feasibility Study (DFS) expected late CY2026
Full Summary

Aurum Resources (ASX: AUE) is pleased to announce the latest gold results from its ongoing 100,000m diamond drilling program at the 3.03Moz Boundiali Gold Project in Côte d'Ivoire. The assay results from BDT3 and BST1 are from holes designed to grow Mineral Resources and increase confidence. Key drill intercepts include 29m @ 1.00 g/t Au from 444m (including 1m @ 18.14 g/t Au) at BST1, and 7m @ 1.23 g/t Au from 352m (including 3.58m @ 2.05 g/t Au) at BDT3. The drilling confirms that the BST1 gold system remains open at depth, with mineralization extended 220m below the current Mineral Resource Estimate (MRE). Aurum plans to continue its aggressive 130,000m drilling program in 2026 across 14 diamond drill rigs to drive further resource growth, in addition to completing a Pre-Feasibility Study in Q2 2026 and transitioning to a Definitive Feasibility Study by late 2026. The company's combined group resources now stand at 4.2Moz of gold, including the flagship 3.03Moz Boundiali Gold Project and the 1.16Moz Napié Gold Project.

Outlook

Aurum is well-positioned to continue its exploration success at Boundiali, with a strong $61M cash position and plans for a major 130,000m drilling program in 2026 to drive further resource growth. The company expects to complete a Pre-Feasibility Study on Boundiali in Q2 2026 and transition to a Definitive Feasibility Study by late 2026.