Aurum Resources’ Post

We've received further shallow, wide gold intercepts, including 𝟵𝟬𝗺 @𝟭.𝟭𝟲 𝗴/𝘁 𝗴𝗼𝗹𝗱, from diamond holes at BD Target 1 as part of ongoing diamond drilling at our Boundiali Gold Project in Côte d'Ivoire, West Africa. We discovered visible gold in the core and we are identifying the best assaying method for it. The BD Target is a 1.3km by 1km gold prospect within a larger 13km by 3km gold mineralised corridor. Drilling is currently underway, with 30,000m of diamond drilling planned for this year, accelerated by the addition of a third drill rig to our fleet. Our aim is to continue aggressive exploration to establish an initial Mineral Resource Estimate by late 2024. More assay results from drilling at BD Target 1 and Target 2 are expected over the coming weeks. Managing Director Dr. Caigen Wang said: “Results from two step-back holes at BD Target 1 have confirmed the gold system is open and continues at depth. It is very encouraging to see these new wide gold intercepts underneath earlier results such as 73m @ 2.15g/t Au from 172m (DSDD0012). We have drilled ~60m down dip with these holes from the previous hits and these are the deepest holes (covering ~300m vertically) drilled on the project so far. We have noted visible gold in the drill core and have been investigating the suitability of using PhotonAssay with its larger 500g sample size and speed compared to a 50g fire assay. The larger sample size should be more suitable for gold mineralisation where coarse visible gold is present such as what we are seeing at Boundiali. This work continues to identify the optimum assay methodology for our gold mineralisation. We are well funded and supported by our shareholders and have increased our drill fleet to three diamond rigs on site this week lifting our drilling capacity to 4,000m a month. Given the encouraging results to date we are confident to add new targets on the BD and BM tenements whilst we drill towards our target of delivering inaugural JORC resources by late 2024.” Read the full ASX Announcement here: https://lnkd.in/guuaKU9X #AUE #Aurum #gold #westafrica #exploration #drilling #smallcaps #asx #ASXnews #miningnews

We've executed a binding term sheet to acquire 100% interest in the advanced Boundiali South exploration tenement (PR-414) neighbouring our existing highly prospective Boundiali Gold Project comprising the BD tenement and BM tenement in Côte d'Ivoire, West Africa. The Boundiali South tenement, previously owned by Predictive Discovery Côte d’Ivoire SARL, has shown impressive exploration results, including significant gold intercepts. We plan to continue high-tempo gold exploration drilling at our Boundiali Gold Project, with ongoing scout diamond drilling and the addition of a third drill rig to increase drilling capacity. With a strong cash balance and further funds expected from a recent capital raising, we aim to accelerate exploration activities, targeting the delineation of an initial resource by the end of CY 2024. Managing Director Dr. Caigen Wang said: “We are very pleased to be able to secure such an advanced gold tenement to the immediate south of our highly prospective Boundiali Gold Project in Côte d’Ivoire. The wide and high-grade gold intercepts at the BST tenement are well in line with our recently reported excellent gold intercept such as 73m@2.15g/t and 4 other diamond holes on the BD tenement. The combination of the three Boundiali tenements, the BM tenement, the BD tenement and now the BST tenement, not only increases our prospective land holding but also enhances our confidence in defining large quantity of gold resources in 2024 and afterwards. It is worth noting that a part of the PR-414 is inside a classified forest zone which requires approval from Cote D'Ivoire government to enable further mining activities inside the forest zone.” Read the full ASX Announcement here: https://lnkd.in/gPbVKh7S #gold #westafrica #ASX #ASXnews #AUE

Amex Exploration Inc. (AMX-V) Amex discovers new lens of gold mineralization in deepest drilling to date in western Gratien Gold Zone and provides update on mineral resource estimate Amex Exploration, on June 27, 2024, reported that it had intersected gold mineralization in the deepest drilling to date in the western area of the Gratien Gold Zone on the Perron Project in the Abitibi region of Québec. The Perron Project is a growing gold asset near Normétal, NW Québec. The mineralization at Gratien appears to be a new lens or 'stack' that make up the multiple stacked lenses of mineralization. Amex provided an update on the upcoming NI 43-101 resource estimate. Amex has decided that it shall include the recently discovered JT Zone (see: https://lnkd.in/eBXVibwf) into the resource along with this year's drilling in the Gratien Zone. Amex is now aiming for a release towards the end of Q3 and remains on track for the release of a PEA in Q4. Up to 5 drill rigs continue to operate on the Perron Project and Amex is forecasting 80,000 m of diamond drilling in 2024. See end of: https://lnkd.in/eGPPFaNf https://lnkd.in/e8NrEy9s #quebec #abitibi #normetal #perron #gratien #gold #drilling

We've received exciting assay results from the first eight holes of our inaugural 31-hole diamond drilling campaign at the Boundiali BM tenement, which is part of our Boundiali Gold Project in Côte d'Ivoire, West Africa.   The campaign covered 4,876.9m in an area with extensive artisanal workings, returning gold intercepts including 16m at 1.24 g/t Au and 7.39m at 1.94 g/t Au. Additional assay results from the BM tenement are pending, while drilling at the BD tenement is currently underway. We own and operate two diamond drill rigs and plan to continue drilling at a rate of 2,600m per month throughout 2024.   Non-Executive Director, Dr. Caigen Wang, said: “We are very excited and encouraged by these excellent results from our inaugural drill program at the BM tenement, which indicate wide gold mineralisation at multiple gold targets from shallow oxidised material from surface as well as into fresh rock.   “Thick oxidised gold mineralisation is an initial priority target for us at the Boundiali Gold Project, as it gives the potential for a low-cost, free digging mining operation for a prospective future open-pit mine resulting from our aggressive diamond drilling programs.   “The extension of wide primary gold mineralisation into fresh rock confirms our confidence in our ability to generate gold resource growth while we are drilling towards depth on multiple targets.”   Read the full ASX Announcement here: https://bit.ly/3Ubw6LU #gold #AUE #ASX #ASXNews #MiningNews #WestAfrica

Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to announce results from the remaining six drill holes from the 2023 exploration program at the Cassiar Gold Project, located in northern British Columbia. Results from these drill holes expand mineralization at the Taurus Deposit both within and beyond the current resource footprint (Figure 1). The Taurus Deposit hosts a substantial near-surface, bulk-tonnage Inferred gold resource of 1.4 million ounces grading 1.14 grams per tonne (g/t) gold (Au) [1] which remains open. Since the early 2022 resource estimate, additional drilling has continued to expand the footprint of mineralization at the deposit, which remained a priority for further expansion during the 2023 exploration campaign. https://lnkd.in/gg7ecNMH

Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to announce results from the remaining six drill holes from the 2023 exploration program at the Cassiar Gold Project, located in northern British Columbia. Results from these drill holes expand mineralization at the Taurus Deposit both within and beyond the current resource footprint (Figure 1). The Taurus Deposit hosts a substantial near-surface, bulk-tonnage Inferred gold resource of 1.4 million ounces grading 1.14 grams per tonne (g/t) gold (Au) [1] which remains open. Since the early 2022 resource estimate, additional drilling has continued to expand the footprint of mineralization at the deposit, which remained a priority for further expansion during the 2023 exploration campaign. https://lnkd.in/gseu8dcS

We've purchased a third diamond drill rig and accessories to expedite exploration at our Boundiali Gold Project in Côte d’Ivoire, West Africa. Our new rig, a Nock 800, is more powerful than previous models, and is deemed to be better adapted to the thick, gold-bearing oxidized layers prevailing at the Boundiali Gold Project area.   We acquired two existing Nock 600 diamond drill rigs through the acquisition of Plusor Global late last year. Over the past five months, these two diamond drill rigs have drilled more than 9000m of diamond holes at the two exploration tenements of the Boundiali Gold Project.   Together with the existing Nock 600 rigs, we will accelerate exploration progress at the Boundiali Gold Project to work towards our goal of delivering a maiden JORC resource by the end of 2024.   Managing Director Dr. Caigen Wang commented: “Our Côte d’Ivoire exploration team has the management experience of operating eight diamond drill rigs on a single gold project with a record performance of achieving more than 13,000m drilling in a month and more than 2400m from one rig within that period. With the addition of the more powerful Nock 800 rig to our two existing Nock 600 rigs, we are more confident in achieving our 30,000m of diamond drilling in 2024, as we target maiden JORC resources in late 2024.   “This powerful rig also provides us capacity to test depth gold mineralisation at the Boundiali Gold Project, where our recent drilling and historical drilling data both indicated gold mineralisation extends towards depth in fresh rock under thick gold bearing oxidized layers.”   Read the full ASX Announcement here: https://lnkd.in/gST-67CM #AUE #Aurum #drilling #exploration #westafrica #ASX #ASXnews #MiningNews

Toubani Resources Ltd (ASX:TRE) has hit high-grade oxide gold intersections during infill drilling at the 2.4-million-ounce Kobada Gold Project in Mali, producing a screen fire assay of up to 2 metres at 178 g/t #gold as part of a 19-metre intersection grading 20 g/t from 105 metres. The new data will aid TRE in converting the Kobada gold deposit to higher JORC-compliant confidence levels, with potential to define higher grade zones. “Our drilling program has been designed for a specific purpose, to derisk, convert and unlock the compelling value in the Kobada deposit, and it is pleasing to see numerous intersections during this program of significant widths and grade confirming this goal,” Toubani Resources CEO Phil Russo said. More at #Proactive #ProactiveInvestors #ASX #TRE #GoldMining #GoldStocks http://ow.ly/xafy105qech

Thor Explorations sees positive results from Makosa East drilling @ThorExpl_THX #TSXV #AIM #OTC #THX #THXPF. Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has reported positive results from its ongoing drilling program at the Douta Gold Project in Senegal. The focus has been on the Makosa East Prospect, located parallel to the main Makosa mineralised trend - this area remains outside the current resource estimate, which is currently 1.78 million ounces of gold. Latest drill results include notable intersections, such as 32 metres at 1.76 grams per tonne (g/t) gold from surface and 12 metres at 1.51 g/t gold from 40 metres. The drilling is part of... http://ow.ly/I4sw105HJx7

Read more about our results from the CY2024 Phase 1 reverse circulation drilling at the Minyari Dome Gold-Copper Project in the Paterson Province of Western Australia in the below Stockhead article ➡️ #AntipaMinerals #AZY