• Just the Facts: Aurum Resources hits bonanza-grade gold; advances Mako Gold takeover

  • Jan 30 2025
  • Length: 2 mins
  • Podcast

Just the Facts: Aurum Resources hits bonanza-grade gold; advances Mako Gold takeover

Listen for free

View show details

  • Summary

  • Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Aurum Resources Ltd. Aurum has received further bonanza-grade gold intercepts from its Boundiali Gold Project in Côte d'Ivoire, where a 100,000-metre diamond drilling program is ongoing. Recent drilling at the BM tenement delivered multiple shallow, wide and high-grade results, including 1 metre at 150.50 g/t gold within 3 metres at 50.56 g/t from 124 metres. Mineralisation remains open along strike and at depth, supporting resource expansion. Aurum is targeting two mineral resource estimate updates in 2025 to build on Boundiali’s current 1.59-million-ounce resource. The company remains well-funded with $23 million in cash and is advancing a Pre-Feasibility Study (PFS) expected by year-end. Aurum is also progressing its takeover of Mako Gold Ltd, having secured more than 90% of Mako shares. This allows Aurum to proceed with compulsory acquisition, and Mako shares will be suspended from the ASX. Following the merger, Aurum now holds a combined 2.47 million ounces of resources. #AurumResources #Gold #Mining #Exploration #Boundiali #MakoGold #CotedIvoire #GoldMining #Drilling #MRE #HighGradeGold #ResourceGrowth #ASX #StockMarket #MiningNews #Investment #Takeover #Minerals #PreFeasibilityStudy #Geology
    Show more Show less
Show more Show less

What listeners say about Just the Facts: Aurum Resources hits bonanza-grade gold; advances Mako Gold takeover

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available