Aurum Resources (ASX:AUE) found shallow high-grade gold mineralization during a recent drilling at its Boundiali gold project's BTM3 deposit in Côte d'Ivoire, according to a Thursday Australian bourse filing.
The results were of up to 4.20 meters at 80.64 grams per tonne grade of gold from 107 meters, including 2.90 meters at 116.66 g/t gold, including 1.43 meters at 234.35 g/t gold.
The company added that the mineralization remains open along strike and at depth, and eight of its diamond rigs continue to drill at Boundiali with 100,000 meters targeted within the year.
The company has two mineral resource estimates updates planned during the year to grow the maiden 1.59 million ounces Boundiali mineral resource estimate disclosed on Dec. 31, 2024.
Aurum added that it is well-funded with AU$46.9 million in cash and Montage shares for continued exploration.
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