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Aurum Resources Limited ( (AU:AUE) ) just unveiled an announcement.
Aurum Resources Limited has announced further high-grade gold intercepts from its Boundiali Gold Project in Côte d’Ivoire, highlighting the potential for resource expansion. The company plans to conduct 100,000 meters of diamond drilling in 2025, with two mineral resource estimate updates scheduled for the year. Aurum is also working on a pre-feasibility study for the Boundiali project, aiming to enhance its market position and deliver value to stakeholders. The company has secured $35.6 million in funding to support its exploration activities.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.63 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 operates in the mining industry, focusing on gold exploration and development. The company is engaged in projects primarily in Côte d’Ivoire, with a significant focus on the Boundiali Gold Project, which holds a 1.59Moz mineral resource estimate. Aurum is committed to expanding its resource base and advancing its projects through extensive drilling programs and feasibility studies.
Average Trading Volume: 1,128,595
Technical Sentiment Signal: Buy
Current Market Cap: A$111.5M
Find detailed analytics on AUE stock on TipRanks’ Stock Analysis page.