Aurum has materially scaled up its operations in Côte d’Ivoire after this year swallowing up Mako Gold and its gold and manganese projects about 100km east of Boundiali. The new assets include the 868,000-ounce Napié gold project grading 1.2gpt.
The drill rigs have now been primed for a 30,000m drilling blitz at Napié, pending permit renewal. The project already hosts two deposits – Tchaga and Gogbala – which the company says could deliver a big resource upgrade of its own this year.
Through the combination of Boundiali and Napié, Aurum currently holds a 2.5M-ounce gold inventory with drill rigs in overdrive and multiple untested anomalies in the queue.
As at the end of December, Aurum had $23.8M in its coffers, which means it is fully funded to deliver on its aggressive exploration plans.
With consistent thick, high-grade hits and resource growth firmly on the menu, Aurum Resources looks to be drilling its way into the West African gold majors club – one intercept at a time.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
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