Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Aurum Resources Ltd (AUE.ASX)
Release Time 28 Apr 2026, 9:52 a.m.
Price Sensitive Yes
 Aurum Resources Delivers Major Mineral Resource Growth
Key Points
  • Boundiali Mineral Resource increased to 3Moz gold with Indicated Resource up 49% to 1.37Moz
  • Napié Mineral Resource increased 34% to 1.16Moz gold with maiden Indicated Resource of 0.35Moz
  • Ongoing 100,000m drilling programs at Boundiali and 30,000m at Napié to drive further growth
Full Summary

Aurum Resources (ASX: AUE) announced a significant increase in the mineral resource estimate (MRE) for its Boundiali Gold Project in Côte d'Ivoire, West Africa. The total Boundiali MRE grew by 26% to 3.03Moz gold, with the Indicated Resource component increasing by 49% to 1.37Moz. This provides a robust foundation for the upcoming Boundiali Pre-Feasibility Study. Aurum has grown the Boundiali Mineral Resources from zero to 3.03Moz in approximately 26 months. The company also reported a 34% increase in the Napié Gold Project's MRE to 1.16Moz, including a maiden Indicated Resource of 0.35Moz. Drilling programs are ongoing at both projects, with 100,000m planned at Boundiali and 30,000m at Napié in 2026 to further grow the resources. The company received a A$28.8 million strategic placement from Perseus Mining, one of Africa's largest gold producers, which will support the advancement of these projects. Aurum's consolidated gold resource base now stands at 4.2Moz across its two Côte d'Ivoire projects, with significant growth potential from the ongoing drilling campaigns.

Guidance

Aurum has not provided any high-importance, price-sensitive forward-looking financial metrics or other company-specific metrics in the announcement.

Outlook

Aurum is advancing its Boundiali and Napié gold projects in Côte d'Ivoire through extensive 100,000m and 30,000m drilling programs in 2026, respectively, to further grow the mineral resources. The company is also expected to complete a Pre-Feasibility Study for the Boundiali project by May 2026.