Aurum Resources (ASX:AUE) hits 1.03 g/t gold at Boundiali BD Target 1
Price Sensitive Announcement $
5 September 2024
Overview:
Aurum Resources Limited has reported further wide gold intercepts from step-back diamond drilling at BD Target 1 as part of ongoing diamond drilling at its Boundiali Gold Project in Côte d’Ivoire, West Africa.
Highlights:
Step-back diamond drilling (14 holes for 4,485m) at BD Target 1 on the Boundiali BD tenement
returns shallow, wide gold hits1 including:
o 40m @ 1.03 g/t Au from 136m inc. 5m @ 1.70 g/t Au (DSDD0076)
o 11m @ 2.15 g/t Au from 169m inc. 4m @ 4.14 g/t Au &
o 10m @ 2.02 g/t Au from 322m inc. 2m @ 9.18 g/t Au (DSDD0062)
Gold mineralisation remains open at BD Target 1; along strike and down dip with
mineralisation intersected down to 385m below surface
Induced Polarisation (IP) survey (2.8km by 4.5km) completed at BD Target 1 to opyimise drill
targeting
Actively drilling at BD Target 2 and Boundiali BM tenement; assay results expected soon
Aurum is now utilising a second assay lab to improve assay turnaround time
Two more diamond rigs (capable of drilling 900m downhole) have arrived, increasing Aurum’s
fleet to six; drilling rate to reach ~10,000m per month (targeting 45,000m for CY2024)
Initial Mineral Resource Estimate for Boundiali targeted for late CY2024
Aurum is well-funded (~$20M) for continued aggressive exploration.
BD Target 1 – Latest Drill Results
Assay results reported in this release include 14 holes (4,485m) drilled at BD Target 1, which remains open with further drilling planned. More significant assay results for these holes2 include:
40m @ 1.03 g/t Au from 136m inc. 5m @ 1.70 g/t Au (DSDD0076)
11m @ 2.15 g/t Au from 169m inc. 4m @ 4.14 g/t Au &
10m @ 2.02 g/t Au from 322m inc. 2m @ 9.18 g/t Au (DSDD0062)
These new results are in addition to diamond holes drilled by Aurum at BD Target 1 and reported
previously on 1 March 2024, 12 March 2024, 10 May 2024, 28 May 2024 and 17 June 2024, which include multiple +50 gold gram meter intervals over a 300m strike and down to an average depth of
200m (Table 1).
Full ASX Announcement: https://wcsecure.weblink.com.au/pdf/AUE/02849078.pdf
