AUE
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Company News
Aurum Resources achieves 80% JV interest at Boundiali gold project in Côte d’Ivoire
Aurum Resources (ASX: AUE) is on target to release a maiden resource at the Boundiali gold project in Côte d’Ivoire while also earning an 80% project interest in the BM Joint Venture (JV) project. The company achieved this milestone after subsidiary Plusor Global completed 105 holes and more than 24,000m of diamond drilling (DD) on […]
Aurum Resources continues drilling success with new high-grade gold hits at Boundiali
Aurum Resources (ASX: AUE) has continued its run of success in Côte d’Ivoire with further strong drilling results at its Boundiali gold project. The company, which only entered the West African mining scene last November, is rapidly making a name for itself with its aggressive drilling at Boundiali and its recent bid for well-regarded Mako […]
Aurum Resources advances Boundiali project with new drilling, licence renewal and capital raise
Aurum Resources (ASX: AUE) ramped up its exploration activity at the Boundiali gold project in Côte d’Ivoire during the three months to end September. The company completed 75 diamond holes for a total of 19,915 metres on the BD and BM tenements and is on track to reach its target of 45,000m of drilling by […]
Weekly wrap: RBA was right on rates and it cost us a record
There will be no letup in the political attacks against it but the share market has finally conceded that the Reserve Bank was absolutely right not to cut interest rates this year. With Australian employment growth now hitting a 16-month high and workforce participation at a record, with inflation still sticky, the Reserve Bank’s caution […]
Aurum Resources and Mako Gold join forces to create West Africa-focused gold business
Aurum Resources (ASX: AUE) and Mako Gold (ASX: MKG) have announced a deal to join forces and create a well-funded emerging gold business focused on West Africa. The proposed merger will be achieved through an off-market takeover bid, whereby Aurum will acquire 100% of the shares in Mako including Class A and Class B options. […]
Weekly wrap: record close as investors bet on a soft landing
Continuing optimism that the world economy is heading for a soft landing helped to push the Australian share market to a fresh record high to close the week. Despite some early indecision, the consensus on the US Federal Reserve’s bold move to cut a full 0.5% off official interest rates seems to be that it […]
Aurum Resources’ Boundiali BM tenement delivers best gold intercept to date
Aurum Resources (ASX: AUE) has reported high-grade gold intercepts – including the best to date – from a second round diamond drilling (DD) campaign at the BM Target 1 within its Boundiali project in Côte d’Ivoire. The company completed five holes for 914.5 metres that returned shallow, wide gold hits with a highlight of 11.46m […]
NickelX shareholders approve Penny South acquisition, rebrand to Strata Minerals
NickelX (ASX: NKL) shareholders have approved the acquisition of the Penny South gold project in Western Australia from Aurum Resources (ASX: AUE). Under the terms of the deal, completion of which is expected over the next few days, NickelX will pay Aurum a cash consideration of $60,000 and issue 3 million shares at $0.02 each […]
Aurum Resources achieves key milestone at Boundiali with increased JV stake and ongoing drilling success
Aurum Resources (ASX: AUE) has achieved a major milestone in its Côte d’Ivoire gold development aspirations after increasing its interest to 51% in the BM Joint Venture (JV) project, part of its Boundiali gold project. The company established itself at Boundiali in late 2023 with the successful acquisition of Plusor Global and its rights to […]
Aurum Resources reports new gold intercepts from drilling at Boundiali’s BD Target 1
Aurum Resources (ASX: AUE) has reported wide gold intercepts from step-back diamond drilling at BD Target 1 within its Boundiali project in Côte d’Ivoire. The company drilled 14 holes for a total of 4,485 metres, returning shallow and wide hits such as 40m at 1.03 grams per tonne gold from 136m including 5m at 1.70g/t, […]
