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Aurum Resources Limited ( (AU:AUE) ) has shared an announcement.
Aurum Resources Limited has announced significant high-grade gold results from its ongoing drilling program at the Boundiali Gold Project in Côte d’Ivoire. The drilling has confirmed continuous high-grade gold mineralization, with notable intercepts at the BMT3 and BST1 deposits. The company is expanding its drilling fleet to accelerate its exploration efforts, with major resource updates and a pre-feasibility study for the Boundiali project expected in early 2026. Aurum is well-funded with a strong cash position, positioning it for substantial growth and shareholder value.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.39 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
More about Aurum Resources Limited
Aurum Resources Limited is a company operating in the gold mining industry, focusing on exploration and development of gold resources. The company is primarily engaged in projects in Côte d’Ivoire, with a significant focus on the Boundiali Gold Project, which has a resource base of 2.41 million ounces of gold.
Average Trading Volume: 792,694
Technical Sentiment Signal: Hold
Current Market Cap: A$201.1M
See more insights into AUE stock on TipRanks’ Stock Analysis page.