Aurum Resources grows Boundiali indicated resource by 49%

Aurum Resources’s (ASX:AUE) aggressive exploration and infill work at the Boundiali gold project in Côte d’Ivoire continues to pay off early in CY26, with the explorer reporting significant increases to its resource numbers.

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The project’s total resource estimate has increased by 26%, to 3.03 million ounces, while indicated resources jumped significantly, by 49%, to 1.37Moz.

Company MD Dr Caigen Wang said these February results are “confidence builders” ahead of Boundiali’s upcoming pre-feasibility study and will cement the project’s status as a premier, large-scale West African gold asset.

“This resource update represents a significant milestone… this follows an aggressive infill drilling campaign that successfully converted a large portion of our inventory into this higher confidence category, providing the robust foundation required for our upcoming economic studies,” Dr Wang said.

“This growth is a direct testament to our unique operational model; by owning and operating our own fleet of 12 diamond drill rigs, we have grown Boundiali from a greenfield discovery to a 3.03 Moz gold asset in just 26 months.”

The company’s group resource has increased to 3.90 Moz gold, with an updated Napié project MRE update pending, he added. “We’re firmly on track to exceed the four million ounce global inventory milestone this quarter.”

Aurum already has an aggressive 100,000 metre diamond drilling program for CY26 underway at Boundiali. That program includes the testing of numerous high-priority targets that have yet to see a drill bit, as well as testing depth and strike extensions where all deposits remain open.

“Having grown our indicated resources across our Boundiali tenements, we continue to aggressively advance our development strategy,” Dr Wang explained.

“These high-confidence ounces will be used by the engineers who are working on developing a large-scale, integrated open-pit operation, with the results of this work to be released in the Boundiali PFS.”

That study, Aurum’s chief added, is expected late Q1 CY26.

AUE is up +0.7% to 71.5c mid-arvo Monday.

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