Boundiali 3.22 Moz gold - Indicated up 24% to 1.70 Moz

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Stock Aurum Resources Ltd (AUE.ASX)
Release Time 14 May 2026, 8:21 a.m.
Price Sensitive Yes
 Boundiali 3.22 Moz gold - Indicated up 24% to 1.70 Moz
Key Points
  • Boundiali Total Mineral Resources increase 6% to 3.22 Moz at 1.0 g/t Au
  • Indicated Resources increase 24% to 1.70 Moz following infill drilling at BDT2
  • Ongoing 100,000m drilling program to grow Mineral Resources and increase confidence
Full Summary

Aurum Resources Limited (ASX: AUE) is pleased to announce a 24% increase in Indicated Resources to 1.70 Moz Au at its Boundiali Gold Project in Côte d'Ivoire. This growth reflects the successful conversion of Inferred to Indicated Resources following intensive infill drilling at BDT2 and drives the total Boundiali Mineral Resource Estimate (MRE) 6% higher to 3.22 Moz Au. These additional high confidence ounces will be incorporated into the Boundiali Pre-Feasibility Study, which is due for delivery this quarter. Aurum's Group Resource now stands at 4.38 Moz Au (inclusive of the 1.16 Moz Au Napié Gold Project). Aurum's 100,000m drilling program is ongoing at Boundiali, designed to both grow Mineral Resources and increase confidence in these Mineral Resources. Aurum has also identified other prospects at Boundiali which have yet to be drilled. The company is well-funded with $61M cash (31 March 2026 unaudited) for continued exploration success.

Guidance

No high-importance, price-sensitive forward-looking financial metrics provided.

Outlook

The year ahead represents a pivotal transition for Aurum, with the aggressive 100,000m diamond drilling program ongoing at Boundiali to support Feasibility Studies and plans to return to Napié and complete another 30,000m of drilling before year end. 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.