Aurum Resources has reported strong gold assay results from its Boundiali project in Côte d’Ivoire, extending mineralization across three key deposits—BMT1, BMT2, and BMT3. The company completed 60 diamond drillholes totaling 10,649 meters, revealing significant hits like a 29-meter intersection grading 2.08 grams per tonne gold in the BMT1 deposit and a 5.85-meter core at 8.77g/t gold from BMT3. These findings support Aurum’s aggressive drilling campaign to expand its resource base ahead of an upcoming major update expected early this quarter.
Written locally by qwen2.5:14b on 2026-10-09,
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Story summary
Aurum Resources, a West African gold explorer, recently announced encouraging results from its diamond drilling campaign at the Boundiali project in Côte d’Ivoire. The company has completed assays from 60 drillholes covering a total of 10,649 meters across three key deposits: BMT1, BMT2, and BMT3. These results further extend known gold mineralization across the northern third of its BM tenement area.
Notably, drilling at BMT1—which already hosts a resource base of 320,000 ounces of gold—returned an intersection grading 2.08 grams per tonne (g/t) over 29 meters and another with 1.08 g/t over 29.38 meters at BMT2. The company’s next step involves completing a major resource update, expected in the early part of this quarter, following its recently expanded drilling campaign aimed at boosting Boundiali's significant combined gold resource base to around 3.22 million ounces.
Drilling at BMT2 and BMT3 also produced positive results, indicating substantial potential for expanding the existing resource estimate. Managing Director Dr Caigen Wang emphasized that securing mining licenses is a priority moving forward as the company looks to leverage these recent findings towards future development plans in West Africa.
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West African gold explorer Aurum Resources has delivered another round of solid gold hits from its flagship 3.22-million-ounce Boundiali gold project in Côte d’Ivoire, West Africa, extending known gold mineralisation across three key deposits within its extensive BM tenement area, just weeks before completing a planned major resource update.
asserted
Resources → deliver → update
The company has unveiled assays from 60 diamond drillholes totalling 10,649 metres put into its BMT1, BMT2 and BMT3 deposits, three separate but closely spaced gold zones clustered in the northern third of its 80 per cent-owned BM tenement.
asserted
company → unveil → tenement
The work forms part of Aurum’s recently expanded 150,000m diamond drilling campaign to expand the Boundiali project’s already significant combined resource base.
asserted
work → form → base
The latest results from the northernmost BMT1 deposit, which already hosts a gold resource of 320,000 ounces, include a solid 29-metre intersection grading 2.08 grams per tonne gold (g/t) from 167m downhole depth.
asserted
which → host → depth
That intercept includes a richer 20.24-metre core at 2.82g/t gold.
asserted
intercept → include → gold
A second hole at the prospect returned 29.38m at 1.08g/t gold from 108.22m depth, containing a higher-grade slice of 2.09m at 7.38g/t gold.
asserted
hole → return → gold
At the BMT3 deposit, 12 kilometres south of BMT1 and featuring an impressive 18.6 million tonne resource for 750,000 ounces of gold, drilling hit a notable 5.85m assaying 8.77g/t gold from 335.15m, including a punchy 3.85-metre section at 13.02g/t gold.
asserted
drilling → feature → gold
A second mentionable intercept in the same ground yielded 18.5m at 2.54g/t gold from a shallow 49.5m, containing a 7-metre zone at 5.54g/t gold.
asserted
intercept → yield → gold
‘Our focus now is grant of the Mining Licences and completion of the DFS.’Aurum Resources managing director Dr Caigen Wang
Significantly, drilling at the BMT2 prospect, contiguous with and west of BMT1 and currently without a defined resource, also returned encouraging results, including 7.46m at 1.34g/t gold from 84m, including 2.46m at 3.40g/t gold.
asserted
drilling → define → gold
A second hole gave up 9.49m at 0.94g/t gold from 80.51m, including 3.49m running 2g/t gold.
asserted
hole → give → gold
Management says its latest work at BMT2 is aimed at establishing a maiden inferred resource for the prospect.
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work → say → prospect
The company’s drilling campaign across the BM ground comprised a mix of infill, step-out and extensional holes to test the limits of the mineralisation, upgrade inferred resources to the higher-confidence indicated category and establish new resources.
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campaign → comprise → resources
Aurum says gold mineralisation at the BM deposits remains open along strike and at depth, pointing to significant resource growth potential.
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mineralisation → say → potential
Results from this latest drilling batch will inform the company’s next Boundiali mineral resource estimate update, targeted for early this quarter.
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Results → inform → quarter
The company is in an unusual and enviable position, operating its own fleet of 16 diamond drill rigs, a strategic advantage that lets it aggressively explore its vast holdings across a wide footprint, avoid delays, manage rig servicing, and fast-track resource growth.
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it → operate → growth
Aurum aims to drill a whopping 180,000m this calendar year, with 150,000m proposed to test its plethora of Boundiali targets and another 30,000m planned for its 1.16 million ounce Napié gold project, an estimated 100km southeast of Boundiali.
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m → aim → Boundiali
The combined group resource for Aurum - including Boundiali and Napié - currently stands at a hefty 4.38 million ounces of gold.
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resource → include → gold
Aurum Resources managing director Dr Caigen Wang said: “A cash balance of more than A$95 million and our own fleet of 16 diamond rigs let us run drilling, studies and permitting concurrently at Boundiali.
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us → say → Boundiali
We received environmental approval in May 2026 and delivered the Pre-Feasibility Study and Maiden Ore Reserve in June 2026.
uncertain
We → receive → June
Our focus now is grant of the Mining Licences and completion of the DFS, with the goal of finalising funding and starting construction in early CY2027, targeting first gold in H1 CY2028.
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focus → finalise → CY2028
Aurum’s work at Boundiali is not just about finding more gold; it is also systematically moving the project towards development.
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it → find → development
A prefeasibility study delivered in June outlined a maiden probable ore reserve of 1.21 million ounces of gold, and environmental approvals were received in May.
uncertain
approvals → deliver → May
The company is now focused on completing a definitive feasibility study, timed for later this year.
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company → complete → year
With a war chest of more than A$95 million following a recent placement, Aurum has plenty of financial firepower to push ahead with drilling, permitting and technical studies.
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Aurum → follow → drilling
And with its myriad drill bits boring furiously into Boundiali and Napié, a looming resource update and a definitive feasibility study on the way, Aurum looks like a well-oiled machine running fully on song as it drives its massive Boundiali project towards production.
asserted
it → bore → production
Is your ASX-listed company doing something interesting?
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company → list → something
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