Aurum Resources Drilling at Côte d'Ivoire Project Intersects Gold Mineralization Outside Current Mineral Resource

MT Newswires Live07:36

Aurum Resources (ASX:AUE) said the latest drilling at its Boundiali gold project in Côte d'Ivoire intersected gold mineralization outside the current mineral resource, indicating further resource growth potential, according to a Friday filing with the Australian bourse.

Key drill intercepts at the BMT3 deposit include 1.76 meters at 150.87 grams per tonne grade of gold from 485.94 meters, including 0.72 meters at 367.05 g/t gold; 15.5 meters at 3.88 g/t gold from 179 meters; and 10 meters at 3.46 g/t gold from 280 meters.

The BMT2 deposit intercepts include 15 meters at 1.05 g/t gold from 112 meters; six meters at 1.79 g/t gold from 48 meters; and 66.3 meters at 0.61 g/t gold from 129.7 meters. BMT1 deposit intercepts include 6.8 meters at 28.76 g/t gold from 120.2 meters; 2.4 meters at 14.38 g/t gold from 123 meters; and eight meters at 2.13 g/t gold from 135 meters.

The company said it is targeting the next Boundiali mineral resource estimate update at the end of the third quarter, with a definitive feasibility study expected late this year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment