• Aurum will drill up to 130,000 meters in 2025 at its Boundiali gold project, up from the initially planned 100,000 meters.

• Resources at Boundiali already rose 50% this year to 2.41 million ounces, with a new estimate expected in Q1 2026.

• The company holds A$40 million ($26 million) in cash to finance work at Boundiali and its second Ivorian asset, Napié.

Aurum Resources said it will increase drilling to as much as 130,000 meters in 2025 at its Boundiali gold project in Côte d’Ivoire. The move marks a 30% increase from its initial plan of 100,000 meters, according to a statement published on September 29.

The Australian miner said the expansion follows the addition of two new drill rigs to its exploration fleet. The company boosted Boundiali’s resources by 50% this year to 2.41 million ounces and now expects to release an updated estimate in the first quarter of 2026.

Aurum said Boundiali’s growing resources will form the basis of a prefeasibility study. The study, initially expected by end-2025, will now be completed in the first quarter of 2026.

The company reported a cash balance of A$40 million ($26 million), which it said is sufficient to fund drilling and advance studies.

Funds will also support exploration at Aurum’s second Ivorian asset, Napié. The company is carrying out 30,000 meters of diamond drilling there and plans a resource update in Q1 2026. Napié currently hosts an estimated 870,000 ounces of gold.

Aurum said it remains confident in the potential for further growth at both projects.

This article was initially published in French by Aurel Sèdjro Houenou

Adapted in English by Ange Jason Quenum