Aurum Resources’ Post

We've hit further shallow, wide, high-grade gold intercepts, including 1m at 72 g/t within 73m at 2.15 g/t gold, during our ongoing diamond drilling program at the BD tenement at our Boundiali Gold Project in Côte d'Ivoire, West Africa. These results add to the first hole (DSDD004) reported on 1 March 2024, which intersected 9m at 1.98 g/t Au from 137m and 4m at 22.35 g/t Au from 226m (173m below surface). Scout diamond drilling at the BD tenement is ongoing, with more assay results expected in coming weeks. We have recently purchased a third diamond drill rig to add to our fleet, increasing drilling capacity from 2,600m per month to ~4,000m per month from late April 2024. Managing Director Dr. Caigen Wang said: “We are very excited to see shallow, wide, high-grade gold mineralisation in the first five diamond holes reported to date. These intercepts cover a strike of approximately 275m within the known 1,300m strike length of Target 1. These impressive assay results represent new project high assay intercepts, and we believe we are seeing early signs of the presence of a large, fresh high-grade gold system beyond the wide, thick oxidised gold mineralisation and all within open pitable mining depth. These are still early days with more results expected in the coming weeks from our scout exploration drilling (over 6,000m drilled to date) on the BD tenement. In addition to drilling strike extension along known targets we are also drilling down dip extensions in anticipation of defining inaugural gold resources by the end of 2024.” Read the full Announcement here: https://lnkd.in/gM4Dxdn6 #gold #westafrica #ASX #ASXnews #AUE

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 are pleased to share additional results from our CY2024 Phase 1 drilling at the Minyari Dome Gold-Copper Project in the Paterson Province, WA. 🌟   Highlights: 🔹 Assay results from 13 further holes (2,330m drilling) at GEO-01 reveal new zones of near-surface gold mineralisation. 🔹 The main zone of GEO-01 gold mineralisation strike has doubled to 500m (previously 250m) and now spans up to 190m across. 🔹 Significant intersections include:   - 26m @ 0.7 g/t gold from 16m down hole, including 11m @ 1.2 g/t gold   - 17m @ 0.5 g/t gold from 49m down hole, including 8m @ 1.0 g/t gold   - 12m @ 0.5 g/t gold from 132m down hole, including 4m @ 1.4 g/t gold   Our Managing Director, Roger Mason, stated, “Today’s results have added significantly to the known zones of near-surface gold mineralisation, doubling the strike extent of the main zone of gold mineralisation. Notably, drill hole 24MYC0462 intersected significant gold mineralisation within 6m of the end-of-hole, warranting re-entry to test the full mineralised extent. As a direct result of the positive outcomes from the assay results received to date the decision was made to expand the programme to 87-holes for 12,750m. We expect the next round of laboratory assay results to be returned in the coming weeks.”   Read the full announcement here: https://bit.ly/4bJK8ug   #AntipaMinerals #AZY #GoldExploration #Mining #MineralExploration #MinyariDomeProject

Emperor Metals (CSE: AUOZ, OTCQB: EMAUF, FSE: 9NH) , a company under coverage at Couloir Capital, provided and update on their continuing exploration and gold resource expansion program in the Abitibi gold camp. The current drilling campaign follows up on the very successful results of Emperor’s 2023 program. The initial 2,500 meters focused within the Conceptual Ultimate Open Pit foot wall; focusing on building inferred ounces. Emperor is now extending the drilling 1.1 km east towards the Nip Zone to understand how potential satellite open pits can be connected to increase inferred ounces. The project covers ~2.5km of the Porcupine - Destor Fault Zone and there are compliant resource deposits at each end at the claim boundary held by others showing the prospectivity of this structure to hold gold ounces. #gold #Abitibi #goldexploration #juniormining #equityresearch The Nip Zone contains currently untested potentially high-grade gold targets based on results contained in the Company's extensive project dataset. This includes an intercept showing thickness of high-grade gold intercepts at the Nip Zone of 16.0 m of 6.06 g/t gold with untested downhole IP/Resistivity anomalies in the vicinity. As well, associated defined structural lineaments make this a top priority area to explore for additional ounces. Intercepts of 2.5 m of 52.88 g/t gold show the higher-grade potential of this project. Emperor is well funded with approximately $4 million in working capital at the onset of this drilling program to advance the Duquesne West project towards an updated mineral resource. We look forward to receiving the assay results from the ongoing drilling program that we believe will continue to show the ability of this property to deliver good results in a strong gold price evironment. We encourage you to read our full report on the company at www.couloircapital.com.

We've reported further wide gold intercepts including 69m at 1.05g/t gold from step-back diamond drilling at BD Target 1 as part of ongoing diamond drilling at our Boundiali Gold Project in Côte d'Ivoire, West Africa. Diamond drilling has now hit multiple +50 gold gram metre intercepts over 300m strike at BD Target 1, a 1.3km by 1km wide gold prospect within a largely untested 13km by 3km gold mineralised corridor. This year, we have ~45,000m of diamond drilling planned and will expand our operated drill fleet to six diamond rigs drilling ~10,000m per month. We are targeting an initial Mineral Resource Estimate for Boundiali in late CY2024. Managing Director Dr. Caigen Wang said: “We are very pleased to see another high impact, shallow, wide gold intercept at BD target 1 with DSDD0060A hitting 69m @ 1.05 g/t Au, ~80m down dip from previously reported 36m @ 2.54 g/t Au (DSDD0011). This new result adds to the multiple +50 gold gram metre intervals we have hit over a 300m strike and an average depth of 200m. Gold mineralisation remains open, and we continue to systematically step out along strike and step back to test the limits of what is an incredibly target-rich 13km by 3km gold corridor at BD, which remains under-drilled. We will soon have AUE owned six diamond drill rigs working at Boundiali as we increase our drilling rate to ~10,000m per month. We are leveraging the work completed by previous explorers at Boundiali and thanks to our supportive shareholders, we are well funded to continue our aggressive drilling program that will deliver consistent news flow. We aim to build on the encouraging drilling results to date from 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.” Read the full ASX Announcement here: https://lnkd.in/ghcwfBRk #AUE #AurumResources #ASX #ASXNews #gold #westafrica #miningnews 

𝐙𝐈𝐌 𝐃𝐑𝐈𝐋𝐋𝐈𝐍𝐆 We’ve now begun follow-up discovery drilling at Hillside Prospect 2. It’s another key milestone in a rapid period of progress for Kavango. Our drilling/surveying so far suggests Prospect 2 presents the opportunity for both long-term bulk-mining & near-term open-pit gold operations. The next 2 holes – along with ongoing IP surveying – are designed to confirm this. Our last hole (BRD001) intercepted a shallow, 7.2m gold mineralised zone within historical workings returning an average grade of 9.96g/t. We believe this zone is much larger under cover. Our next holes (BRD002 & BRD003, pictured) will follow the 162m strike extent we’ve mapped from surface (pictured) to test this. https://lnkd.in/e-NgsmCk #Kavango #Kav #Zimbabwe #gold

We have today announced assay results from the first diamond drill hole of Phase 2 drilling at our Chilean copper exploration project.   Highlights:   ➡ Drill hole GBY008 intersected an interval of 82 metres at 0.41% copper, 0.07 g/t gold. within 224m @ 0.31% copper, 0.06 g/t gold in IOCG-style mineralization from the base of gravel cover at 50m down hole depth ➡ Two additional holes, GBY009 and GBY010, have been completed and are currently being logged and sampled ➡ Drilling continues with a key objective of the programme being to test approximately 650metres of additional strike length at the northern end of the 1km long mineralized Gaby copper-gold discovery   “The first hole in this new drilling program intersected a zone of strong magnetite breccia hosting well developed copper-gold mineralization. The thickness and relatively shallow depth of the intersection in this hole underscores the significance of our recent IOCG discovery at Gaby.” ― Paul Gow, CEO   #copper #chile #exploration #energytransition     https://lnkd.in/eD7F2eE9

Strickland Metals Ltd (ASX:STK) has set the diamond drill turning at the Yandal Gold Project in Western Australia, following up its recent major acquisition of a 5.4-million-ounce #gold project in Serbia with more work on its Australian projects. The rig has started drilling at Palomino-Clydesdale prospect, where aircore drilling produced an intersection of 39 metres at 6.1 g/t gold from 25 metres of depth that included a 7-metre interval of 22.2 g/t. It will then move to Brono-Konik prospect, where a discovery hole revealed 58 metres at 1.7 g/t gold from 17 metres to the end of hole, mirroring historical results from the area. More at #Proactive #ProactiveInvestors #ASX #STK #GoldMining #GoldStocks #MiningAustralia http://ow.ly/hpSX105pQiI

Australian Gold and Copper Ltd (ASX:AGC) has further enhanced the polymetallic potential of the Achilles discovery in the southern portion of the Cobar Basin in central NSW by returning the widest zone to date of high-grade mineralisation. The company has received results from the remaining six holes of a recent nine-hole drilling program including 16 metres at 18.5% lead+zinc, 0.4 g/t #gold, 31 g/t #silver and 0.8% #copper from 91 metres. There were maximum grades of 47.1% lead+zinc, 761 g/t silver, 4.1 g/t gold and 2.5% copper at various intervals in this hole, A3RC038, which was the most northern hole drilled to date at Achilles. More at #Proactive #ProactiveInvestors #GoldMining #SilverMining #CopperMining http://ow.ly/UbY0105x22z

We've reported further high-grade gold intercepts including 1m @ 163.42 g/t gold within 12m @14.56 g/t from step-back diamond hole at BD Target 1 as part of ongoing diamond drilling at our Boundiali Gold Project in Côte d'Ivoire, West Africa. The BD Target 1 is a 1.3km by 1km wide gold prospect within a 13km by 3km gold mineralised corridor. We will continue high tempo gold exploraton drilling with more than 30,000m of diamond drilling planned for this year, with a strong cash balance of approximately A$5M to support our aggressive exploration efforts. We are targeting an initial Mineral Resource Estimate for late CY2024. 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.” Read the full ASX Announcement here: https://lnkd.in/gS6rNv-6 #AUE #Aurum #ASXNews #ASX #gold #westafrica #drilling #exploration #resources