Aurum Resources Confirms Resource Growth Potential at Ivory Coast Deposit

MT Newswires Live10-16 09:20

Aurum Resources (ASX:AUE) confirmed a gold mineralization system at the BST1 deposit remains open along strike and at depth during diamond drilling at its Boundiali project in the Ivory Coast, according to a Friday filing with the Australian bourse.

Drilling returned 9.55 meters at 5.18 grams per tonne grade of gold from 75 meters, including 0.65 meters at 41 g/t grade of gold, one meter at 44 g/t grade of gold from 268 meters, and 1.26 meters at 23 g/t grade of gold from 25 meters, the filing said.

A mineral resources estimate update for the project is slated for release by the end of October, per the filing.

Shares rose 1% in morning trade Friday.

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