The company is advancing a pre-feasibility study (PFS) towards completion in Q1 2026, alongside a major mineral resource estimate update across the project, positioning it for growth in this part of West Africa’s prolific gold belt.
With A$40 million in cash, Aurum is well-funded to explore additional targets, further enhancing the project’s potential.
The new upgrade underscores Aurum’s progress in establishing significant value at Boundiali, with ongoing drilling looking almost certain to deliver more high-grade results.
The Caigen Wang led Aurum Resources is on a roll in Côte D’Ivoire, where its burgeoning Boundiali fleet of company owned drill rigs was recently expanded to 12 to support the increased 2025 drilling program of over 130,000 meters, up from the initial 100,000 meters.
Wang used a similar strategy of company-owned drill rigs when he catapulted the little known ASX listed explorer Tietto Minerals into production in Cote D’Ivoire after a stellar run over a long period with the drill bit.
With over 3m ounces on his books already, Wang looks like he just might be set to ring the till again with Aurum.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
