How Aurum Resources Boosted Boundiali Gold by 50% and What’s Next?

Resource Growth and Exploration Momentum

Aurum Resources Limited (ASX – AUE) has reported a remarkable 50% increase in its gold mineral resources at the Boundiali Gold Project in Côte d’Ivoire, lifting the total resource to 2.41 million ounces. This substantial growth was driven by two recent Mineral Resource updates applying cut-off grades tailored to depth, with indicated resources rising by 53% to 920,000 ounces. The inferred category remains robust at 1.51 million ounces, underscoring the project's scale and potential.

The company’s aggressive exploration strategy is well underway, with a 100,000-metre diamond drilling program progressing on schedule. Aurum has ramped up its operational capacity to 10 diamond drill rigs at Boundiali, working around the clock to deliver the next major resource update expected in early 2026. High-grade drill results continue to emerge, including spectacular intercepts such as 4.20 metres at 80.64 grams per tonne gold and 1 metre at 152.35 grams per tonne, highlighting the quality of the deposit.

Expanding the Footprint and Advancing Napié

Beyond Boundiali, Aurum is advancing its 0.87 million ounce Napié Gold Project with a 30,000-metre drilling campaign. Early results from the Tchaga deposit have delivered impressive high-grade intercepts, including 17 metres at 9.38 grams per tonne gold, extending mineralisation at depth. The company anticipates its first resource update for Napié in the first quarter of 2026, signaling continued growth potential.

Strategically, Aurum has expanded its landholding through an agreement to earn up to an 87% interest in three permit applications held by local partner Major Star Plus Sarl. These permits adjoin the Boundiali and Napié projects, offering promising exploration upside and consolidating Aurum’s position in this prolific West African gold belt.

Financial Strength and Corporate Developments

Financially, Aurum is well positioned to fund its ambitious exploration and development plans. The company completed a $35.6 million strategic placement earlier this year, attracting cornerstone investors including the Lundin family and Zhaojin Capital Limited. As of 30 September 2025, Aurum holds $45.2 million in combined cash and liquid investments, providing a solid runway for ongoing drilling and project advancement.

Reflecting its growth trajectory, the board approved remuneration increases for key executives, aligning leadership incentives with shareholder value creation. Additionally, Aurum was recently added to the ASX All Ordinaries index, a recognition of its rising market capitalisation and profile within the Australian mining sector.

Looking Ahead

The company is targeting completion of a Pre-Feasibility Study for Boundiali in the first quarter of 2026, which will provide critical insights into the project’s economic viability. Meanwhile, ongoing drilling at both Boundiali and Napié aims to further expand resources and refine project development plans. Aurum’s integrated approach of resource growth, strategic land acquisition, and financial discipline positions it well to unlock value in Côte d’Ivoire’s emerging gold frontier.