InvestSMART

Aurum Resource Limited (ASX:AUE)

ALERT: Price-sensitive ASX Announcement for AUE
Current share price for AUE : $0.540 -0.045 (-7.69%)+
Announcement
Release
27 Oct 2025 8:38AM
Price at Release
$0.585
Full Release
download
Summary
Aurum Resources Limited announced significant high-grade gold findings at the Boundiali Gold Project in Côte d'Ivoire. The new drilling results, part of a 100,000-meter infill drilling program, revealed a notable intercept of 0.8 meters at 350 grams per tonne of gold at the BMT3 deposit. This discovery confirms the presence of high-grade, continuous gold mineralization at the site. Aurum is well-funded, with over $40 million available to support ongoing exploration and development activities. The company has expanded its drilling fleet to accelerate exploration efforts and plans major resource updates for early 2026. The Boundiali Gold Project's mineralization remains open, indicating potential for further resource growth.
Key Points
  • Aurum hits 0.8m @ 350 g/t gold at BMT3 deposit.
  • Drilling program designed to expand Boundiali resources.
  • The company holds a strong financial position with $40M cash.
  • Mineralization remains open along strike and at depth.
  • Two major resource updates are scheduled for early 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.