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Aurum Resource Limited (ASX:AUE)

ALERT: Price-sensitive ASX Announcement for AUE
Current share price for AUE : $0.505 0.01 (2.02%)+
Announcement
Release
24 Jul 2026 9:02AM
Price at Release
$0.495
Full Release
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Summary
Aurum Resources Limited has announced the extension of gold mineralisation at the BDT2 deposit within its Boundiali Gold Project in Côte d'Ivoire. The ongoing 100,000m diamond drilling program has yielded significant results, with key intercepts indicating gold mineralisation extending beyond current resource boundaries and at greater depths. Aurum plans a major resource update by the end of Q3 CY2026 and aims to complete a Definitive Feasibility Study by late CY2026. The company remains well-funded with $54.7M in cash, facilitating continued exploration and development activities. Managing Director Dr Caigen Wang highlighted the strategic significance of these developments in strengthening Aurum's resource base.
Key Points
  • Aurum extends gold mineralisation at BDT2 deposit, Boundiali Gold Project.
  • Ongoing 100,000m drilling program intersects mineralisation beyond current resource.
  • Key intercepts include 0.61m @ 47.60 g/t Au from 189.39m.
  • Resource update targeted for end Q3 CY2026; DFS expected late CY2026.
  • Company well-funded with $54.7M cash as of 30 June 2026.
  • Managing Director Dr Caigen Wang emphasizes strategic gains from drilling results.
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.