Aurum strikes rich West African gold trifecta ahead of resource lift

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. The combined group resource for Aurum - including Boundiali and Napié - currently stands at a hefty 4.38 million ounces of 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. We received environmental approval in May 2026 and delivered the Pre-Feasibility Study and Maiden Ore Reserve in June 2026. 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.”

Aurum’s work at Boundiali is not just about finding more gold; it is also systematically moving the project towards 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. The company is now focused on completing a definitive feasibility study, timed for later this 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.

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.

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