Aurum delivers new gold grade excessive in West Africa


Aurum Assets has recorded its highest-grade gold hit to this point from diamond drilling at its Boundiali mission within the West African nation of Côte d’Ivoire, with 1m going 163 grams per tonne gold from 277m.

The spectacular part was contained inside a wider 12.22m intercept grading 14.56g/t gold from 275m that was recorded 60m down-dip from a earlier 4m section at 22.35g/t from 226m. The most recent outcomes had been delivered from step-back diamond drilling centered on the corporate’s BD Goal 1 – a 1.3km by 1km-wide gold prospect inside a 13km-by-3km mineralised hall.

Earlier assays from diamond drilling on the goal confirmed a 73m hit going 2.15g/t from 172m together with 4m at 18.63g/t from 185m, along with a wider 90m part grading 1.16g/t gold from 143m.

Buoyed by its slew of constructive hits at Boundiali, Aurum is ready so as to add a fourth diamond rig to its newest marketing campaign, with its eyes on delivering a whopping 6000m of drilling every month. The corporate’s ongoing drill program goals to chew by means of about 30,000m this 12 months and it expects to ship an preliminary mineral useful resource estimate for the operation by late 2024.

Aurum Assets managing director Dr Caigen Wang mentioned: “We’re very happy to see this mission finest outcome for BD goal 1 with DSDD0051 hitting 1m @ 163.42 g/t Au inside 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 stays open as we systematically step out alongside strike and step again to check down-dip.”

Large and high-grade gold hits have gotten a daily prevalence for Aurum at Boundiali. BD Goal 2 is about 6km to the north of BD Goal 1, the place Aurum beforehand reported 73m grading 2.15g/t gold from 172m and earlier this month revealed a 90m-thick hit going 1.16g/t from 143m.

Simply final week, the corporate delivered 74m grading 1g/t gold from 167m together with a 6m interval grading 3.31g/t gold and an 8m part at 1.51g/t from 71m. One other diamond gap went as excessive as 33m at 0.84g/t gold from 146m together with 1m at 9.95g/t, whereas a unique gap threw up a 1m hit grading 10.01g/t from 71m.

The mission space covers the underexplored southern extension of the Boundiali greenstone belt that’s thought of potential for gold and has some noteworthy neighbours working their very own floor close by.

Perseus Mining has a 1.4 million-ounce gold useful resource at its Sissingue mine about 50km alongside strike to the north of Boundiali. To the northeast of Aurum’s floor, the Tongon deposit holds a 5 million-ounce useful resource and Montage Gold is sitting on 4.5 million ounces at its Koné mission to the south.

Cashed up with about $5 million within the kitty to help its aggressive drill program and with a fourth rig set to supercharge the marketing campaign, Aurum seems to be making fast progress as its exploration blitz brings the corporate nearer to a mineral useful resource at Boundiali.

 

Is your ASX-listed firm doing one thing fascinating? Contact: matt.birney@businessnews.com.au

Leave a Reply

Your email address will not be published. Required fields are marked *