A 14-hole step-back diamond drilling program has rewarded Aurum Resources with a gold hit of 40m at 1.03 grams per tonne from 136m at its Boundiali project in Côte d'Ivoire as it moves to develop a large-scale mine. The headline hit also features a 5m slice at 1.7g/t gold, with other results including 11m at 2.15g/t from 169m and 10m at 2.02g/t.
Aurum Resources has secured the renewal of its Boundiali South exploration licence, which hosts its advanced high-grade Nyangboue gold deposit, in the centre-north of the prospective West African country of Côte d'Ivoire. Boundiali South is one of four exploration tenements comprising Aurum's Boundiali gold project and hosts three prime gold prospects – Gbemou, Nyangboue and Nyangboue South.
Aurum Resources has launched a scoping study to assess the development potential of its Boundiali gold project in Côte d'Ivoire after locking in metallurgical experts in a push to deliver a resource estimate by year's end. After a recent raft of high-grade hits and strong metallurgical test results, the appointments also signal the next step in pushing the project quickly towards a prefeasibility study.
Aurum Resources says it has obtained outstanding gold leach results exceeding 93 per cent recovery in recent metallurgical testwork on 50 samples from its Boundiali BDT1 target in Côte D'Ivoire, West Africa. Samples selected for 24-hour cyanide bottle-roll leach tests were drawn from diamond core at various stages of oxidation and across a range of gold grades expected in routine open pit mining.
Aurum Resources has delivered yet another suite of lengthy gold hits from its burgeoning Boundiali project in West Africa's Côte d'Ivoire, this time with a headline act showing 69m at 1.05 grams per tonne gold from 195m including 12m at 2.28g/t. Another hole in the ongoing campaign bored through 10m at 1.97g/t gold from 131m including 2m at 7.37g/t.
Aurum Resources is building its bank balance ahead of a beefed-up exploration blitz across its Boundiali gold project in Côte d'Ivoire, with a maiden JORC resource expected before the year's end. Management has received firm commitments from a $17 million two-tranche placement and is also offering eligible shareholders a shot at a $3 million share purchase plan in a bid to pocket about $20 million.
West Perth-based junior Aurum Resources has announced it will raise $20 million in order to accelerate exploration activities at its Boundiali gold project in Côte d'Ivoire.
Aurum Resources has recorded its highest-grade gold hit to date from diamond drilling at its Boundiali project in the West African nation of Côte d'Ivoire, with 1m going 163 grams per tonne from 277m. The impressive section was contained within a wider 12.22m intercept grading 14.56g/t gold from 275m that was recorded 60m down-dip from a previous 4m segment at 22.35g/t from 226m.
In this week's edition of Bulls N' Bears Big Hits, we unravel some of the more curious drill intersections revealed on the ASX last week, including Turaco Gold's long 105m hit at 1.61 grams per tonne gold from 135m. We also take a close look at other notable drill hits from Everest Metals Corporation, Toubani Resources, Venture Minerals and Aurum Resources.
Aurum Resources' diamond drilling efforts at the company's Boundiali gold project in West Africa's northern Côte d'Ivoire have continued to deliver big gold hits – this time 74m grading 1g/t from 167m. The latest set of assays included a 1m high-grade chunk going 24.73g/t as Aurum chases shallow mineralisation at depth with three diamond rigs to support a maiden mineral resource estimate for later this year.
Aurum Resources has added extra punch to its Boundiali gold project in northern Côte d'Ivoire, adding more ground to the north of the West African operation that last week recorded a glittering hit of 90m at 1.16g/t gold. The company can earn up to 70 per cent in the adjacent ground after signing an agreement with local Ivorian company Geb & Nut Resources.
Aurum Resources has revealed a glimmering suite of wide gold hits from a recent diamond drilling campaign at its Boundiali project in West Africa's Côte d'Ivoire – peaking at 90m going 1.16g/t from 143m. The new assay collection also includes 59m at 1.42g/t gold from 68m with 13m at 3.92g/t and 23m at 1.36g/t from 293m featuring a 5m chunk going a solid 3.32g/t.
Aurum Resources has reassembled part of the management team that helped establish Tietto Minerals' Abujar gold mine in West Africa to drive the development of its new Boundiali operation in Côte d'Ivoire. The company has named Yao N'Kanza as country manager, reuniting him with former Tietto workmates Caigen Wang and Yaya Ouattara in a bid to expedite Aurum's project and business development initiatives.
Aurum Resources has scored high-grade gold hits charging as high as 45 grams per tonne from scout drilling at just the second target to be tested at its Boundiali project in West Africa's Côte d'Ivoire. Diamond drilling designed to test a 1.7km-by-1km gold prospect revealed solid initial results, with a 6m section going 9.95g/t gold from 165m including 2m at 28.9g/t from 169m.
Aurum Resources has expanded the golden footprint at its Boundiali gold project in the West African country of Côte D'Ivoire after snapping up an adjoining tenement that features an advanced exploration permit area. The 167.34sq km Boundiali South ground, now formerly owned by Turaco Gold, has previously thrown up solid gold hits including 20m at 10.45g/t from 38m.
Gold producer Aurum Resources has increased its footprint in Côte d'Ivoire, after executing a binding term sheet to fully acquire the Boundiali South exploration tenement from Turaco Gold.
Shares in Aurum Resources jumped more than 30 per cent this morning after it recorded a whopping 73m intercept going 2.15g/t gold from 172m at its Boundiali project in the West African nation of Côte d'Ivoire. The impressive drill hit contained several high-grade sections, with highlights showing a 4m segment grading 18.63g/t gold from 185m including 1m at a staggering 72.11g/t from 188m.
Aurum Resources has uncovered high-grade gold in a diamond drilling program at its Boundiali project in in Côte d'Ivoire, with assays showing a headline 4m interval grading an eye-catching 22.35g/t from 226m. But the standout intersection was not sitting solo, with other results including 5m at 4.73g/t from 53.5m including 1.1m grading a healthy 20.35g/t and 16.64m at 1.45g/t from 56.26m including 10.4m going 2.11g/t.
Aurum Resources has bolstered its African diamond drilling fleet with a new, more powerful rig to help the company unlock a maiden gold resource estimate for its Boundiali gold project in Côte d'Ivoire this year. The three-rig drilling fleet will deliver an impressive 30,000m of core as the company takes aim at deep gold mineralisation beneath and adjacent to artisanal mines at the project.
Our weekly appointments wrap includes Yaya Ouattara, Caigen Wang, Maree Arnason, Derek La Ferla, Ben Morton, Darryl Cuzzubbo, Gavin Lockyer, Niamh O'Connor, Anna Shave, Brendon Grylls and Martina Mariano.
Aurum Resources has appointed Yaya Ouattara as its new exploration manager in Côte d'Ivoire, as the company's planned exploration activities begin to intensify.
Gold miner Aurum Resources has raised $7 million in a bid to accelerate exploration activities at its recently-acquired Boundiali gold project in Côte D'Ivoire.
Aurum Resources has appointed experienced African gold miner Caigen Wang as its new managing director as the company works-up the shallow, wide gold-bearing orebody at its Boundiali project in Côte d'Ivoire. Wang is no stranger to maturing African gold discoveries, taking Tietto Minerals from a market cap of about $30 million to nearly $700 million at its Abujar gold mine, also in Côte D'Ivoire.
Assays from the first eight diamond drill holes at Aurum Resources' Boundiali gold project in Côte d'Ivoire, West Africa suggest wide, shallow gold mineralisation with more assays on the horizon. The best results were 16m at 1.24 grams per tonne from 117m including a 6m thick section grading 2.44g/t from 127m, 7.39m at 1.94g/t from 139.34m including 5.35m at 2.53g/t from 141.37m.
Aurum Resources has completed its acquisition of PlusOr Global and now officially owns ground in Africa's Côte d'Ivoire, where historic drill hits have run as high as 1m at a massive 30.8g/t gold from 42m. The company says diamond drilling at the project is underway and 29 holes have been completed across three targets for 4592m of core, with assays due back next month.
Aurum Resources is set to take its gold search to a new continent after signing a binding agreement to acquire PlusOr Global, which holds the rights to earn into the Boundiali gold project in Côte d'Ivoire. The project on the southern coast of West Africa covers two contiguous granted exploration permits within Côte d'Ivoire's prospective Boundiali greenstone belt.
The dust has settled and the rods have been pulled on Aurum Resources' maiden 74-hole air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing in WA's illustrious goldfields. Drilling was designed to test the source of a suite of alluring gold and base metal anomalies etched out over a prospective – and under-explored – greenstone sequence.
Aurum Resources has launched its maiden 74-hole, 3500m air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing in Westerm Australia, to follow up on some alluring gold and base metals soil anomalies. The holes will be oriented in multiple transects perpendicular to the strike of a prospective north/north-westerly-trending greenstone belt, with the aim of netting some trophy catches.
Aurum Resources is set to launch a maiden 74-hole air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing, after completing trackwork for the rig and a heritage clearance survey. Some 3500m of drilling will be oriented in multiple transects perpendicular to the prospective greenstone belt to follow-up on gold and base metals anomalies observed in soil sampling.
Aurum Resources is edging towards exploration on its Ryans Find gold project north-east of Southern Cross after completing a two-day on-site heritage clearance survey alongside the land's traditional owners – the Marlinyu Ghoorlie Native Title Claimant Group. Management says drilling at its deposit will be scheduled once a report from the heritage consultants, Fremantle-based Terra Rosa, has been reviewed.
Aurum Resources has commenced an induced polarisation gradient array geophysical survey at its Penny South project that is planned to cover an area of 5.2 square kilometres. The main target for the IP survey is ultramafic schist units that Aurum believes are possibly more extensive than previously interpreted and may host nickel-copper mineralisation. The Penny South project is located 126 kms south-east of Mt Magnet in WA.
Minerals explorer Aurum Resources is about to kick off a ground induced polarisation, or “IP” geophysical survey at its flagship Penny South gold project in WA's East Murchison in search of nickel and copper mineralisation. The IP gradient array survey over a 5.2 square kilometre block covers an historical anomalous nickel strike that returned 8m going 0.44 per cent nickel from 32m.
ASX-listed Aurum Resources is another step closer to launching exploration on its flagship Ryan's Find gold project, north-east of Southern Cross in WA. The company says once it receives heritage clearance, which has now been scheduled it will immediately kick off an air-core drilling campaign. A gradient array induced polarisation survey is also planned for its Penny South gold project.
Aurum Resources is one step closer to beginning exploration on its Ryans Find gold project north-east of Southern Cross after signing a heritage agreement with the Marlinyu Ghoorlie Native Title Claimant Group. The agreement is the first step in gaining heritage clearance for the site that will allow the company's planned air-core drilling program to commence. The programme of works for the campaign has already been approved by the WA Department of Mines, Industry Regulation and Safety.
After poring over historical data mineral explorer Aurum Resources has confirmed the company's flagship Penny South gold project in WA's Mid West is also prospective for nickel along with a potential side of silver and zinc. Aurum intends to re-assay drill holes that were only ever assessed for gold as it looks to quantify the project's base metal potential.
Aurum Resources has submitted its samples for assay from a maiden 18-hole drill program at its Penny South gold project located on the same interpreted structure as the Ramelius Resources owned Penny West and Penny North deposits in Sandstone, Western Australia. The company has opted for the fast-track photon assay process that cuts turnaround times from 6-12 weeks to just two.
