Highlights
Aurum’s Managing Director Dr. Caigen Wang said: “We are very pleased to see this project best result for BD target 1 with DSDD0051 hitting 1m @ 163.42 g/t Au within an interval of 12.22m @ 14.56 g/t Au from 275m. This interval was 60m down dip from 4m @ 22.35 g/t Au (DSDD0004) and the system remains open as we systematically step out along strike and step back to test down dip.
We will soon have four diamond drill rigs working at Boundiali as we increase our drilling rate to ~6,000m per month. We are in an incredibly target-rich environment as our geology team adds new targets to test at BD within the 13km by 3km gold corridor.
We are leveraging the work completed by previous explorers at Boundiali and thanks to our supportive shareholders are well funded. Our aggressive drilling ensures consistent news flow as we build on the encouraging results to date from known targets on the BD and BM tenements and look forward to testing new targets whilst we aim to deliver inaugural JORC resources for Boundiali by late 2024.”
BD Target 1 – Latest Drill Results
Assay results reported in this release are from DSDD0051, a 355.5m step-back diamond hole drilled at BD Target 1. Aurum has intersected gold mineralisation (12.22m @ 14.56 g/t Au from 275m inc. 1m @ 163.42 g/t Au) in DSDD0051, 60m down dip of 4m @ 22.35 g/t Au from 226m (DSDD0004) and approximately 230m below surface. This target remains open with further drilling planned. Assay results for this hole3 include:
These new results are in addition to diamond holes drilled at BD Target 1 and reported previously on 1 March 2024, 12 March 2024 and 10 May 2024 which include:
These shallow wide high-grade gold intercepts are predominately from the hanging wall lodes at BD target 1 and true widths estimated at around 70% – 80% of reported downhole lengths.
Details of drill collar location and assay results for DSDD0051 from drilling on BD Target 1 can be found in Table 1 and Table 2 respectively. Plans showing location of the Boundiali Gold Project including locating the assay results are presented in (Figure 2 to Figure 6) and a cross section of these latest drill results can be found in Figure 1.
Gold mineralisation remains open along strike and at depth on all prospects, with drilling ongoing and further work being planned. A program of trenching is underway to define additional high priority targets for drill testing within the 13km by 3km gold mineralised corridor sitting outside of the three defined gold prospects.
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