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An announcement from Aurum Resources Limited ( (AU:AUE) ) is now available.
Aurum Resources Limited has reported promising high-grade gold intercepts from its Boundiali Gold Project, showcasing the potential for significant mineralization beyond the existing 1.59Moz Mineral Resource Estimate. The company is advancing its exploration efforts with extensive drilling programs planned for both Boundiali and the Napié deposit, aiming to significantly increase their resource base and complete a Pre-Feasibility Study by the end of 2025. With substantial cash reserves, Aurum is well-positioned for further resource growth and value creation, potentially impacting its operations and industry positioning positively.
More about Aurum Resources Limited
Aurum Resources Limited is a company in the mining industry, primarily focused on gold exploration and development. Its key projects include the Boundiali Gold Project in Côte d’Ivoire and the Napié deposit, both aimed at expanding their mineral resource estimates and enhancing their market position.
YTD Price Performance: -13.64%
Average Trading Volume: 1,157,900
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$63.05M
Learn more about AUE stock on TipRanks’ Stock Analysis page.
