Incorporated in 2021 and headquartered in Subiaco, Australia, Aurum Resources Limited (ASX: AUE) is committed to the exploration and development of gold projects. The company's flagship asset, the Boundiali Gold Project, comprises four neighbouring exploration tenements covering a total area of approximately 1,036 square kilometres. These tenements are strategically located within the same greenstone belt as major gold mines, including Syama (11.5Moz) and Sissingué (1.0Moz) to the north, Tongon (5.0Moz) to the northeast, and Montage Gold’s 4.5Moz Koné project to the south. Aurum aims to deliver an initial Mineral Resource Estimate (MRE) for Boundiali by the end of the calendar year 2024.
In addition to its West African assets, Aurum holds interests in the Ryan’s Find gold project in the Mt Dimer region and the Penny South base metal and gold project south of Youanmi, both located in Western Australia. These projects offer additional exploration upside, with Ryan’s Find situated along strike from the Mt Dimer gold mine and Penny South adjacent to Ramelius Resources' Penny West & Penny North gold mine.
