Aurum Hits 40m at 1.03 g/t Gold at Boundiali BD Goal 1

Aurum Sources Restricted (ASX:AUE) (Aurum or the Firm) is happy to report additional huge gold intercepts from step-back diamond drilling at BD Goal 1 as a part of ongoing diamond drilling at its Boundiali Gold Challenge in Côte d’Ivoire, West Africa.

Highlights

• Step-back diamond drilling (14 holes for 4,485m) at BD Goal 1 on the Boundiali BD tenement returns shallow, huge gold hits¹ together with:
  • 40m @ 1.03 g/t Au from 136m inc. 5m @ 1.70 g/t Au (DSDD0076)
  • 11m @ 2.15 g/t Au from 169m inc. 4m @ 4.14 g/t Au &
  • 10m @ 2.02 g/t Au from 322m inc. 2m @ 9.18 g/t Au (DSDD0062)
• Gold mineralisation stays open at BD Goal 1; alongside strike and down dip with mineralisation intersected right down to 385m beneath floor
• Induced Polarisation (IP) survey (2.8km by 4.5km) accomplished at BD Goal 1 to optimise drill focusing on
• Actively drilling at BD Goal 2 and Boundiali BM tenement; assay outcomes anticipated quickly
• Aurum is now utilising a second assay lab to enhance assay turnaround time
• Two extra diamond rigs (able to drilling 900m downhole) have arrived, growing Aurum’s fleet to 6; drilling fee to succeed in ~10,000m per 30 days (focusing on 45,000m for CY2024)
• Preliminary Mineral Useful resource Estimate for Boundiali focused for late CY2024
• Aurum is well-funded (~$20M) for continued aggressive exploration.

Aurum’s Managing Director Dr. Caigen Wang stated: “We’re delighted with one other shallow, huge gold intercept at BD Goal 1. Gold mineralisation stays open alongside strike and at depth, with intersects as deep as 385m beneath floor. Each gap we drill helps us perceive the controls on the high-grade gold shoots we discover inside these wider intercepts.

The brand new IP survey and structural information are guiding our drill focusing on. With two new NOCK1300 diamond drill rigs operational, we’re keen to check BD Goal 1 right down to roughly 900m.

With six rigs on web site, we count on to realize ~10,000m drilling per 30 days, systematically exploring the total potential of the 13km by 3km goal zone at BD and our different tenements inside the Boundiali gold mission. We’re additionally bettering our operations with new autos, a centralised camp, and we’re utilizing a second laboratory to boost effectivity and assay turnaround instances.

We’re well-funded with ~$20 million money at financial institution, permitting us to speed up drilling and construct on these encouraging outcomes. We’re focusing on an inaugural JORC useful resource for Boundiali by late 2024.”