Aurum drills 6m of 1-ounce rock chasing West | Australian Markets

Aurum Resources has spectacularly ticked one other box in a latest string of gold hits at its Boundiali project in Côte d’Ivoire, West Africa, with an 83-metre best run assaying 4.87 grams per tonne (g/t) gold from 106m on the company’s BD Target 1 (BDT1).

Two runs within the major 83m intercept jagged 6.29m at 34.94g/t gold and 8m at 14.81 g/t gold.

These had been sweetened by an meeting of different hits, together with 2.76m at 1.13g/t gold, 1m at 2.22g/t, 7m at 2.11g/t, 2m at 1.70g/t, 3m at 1.33g/t and 8m at 2.08g/t gold, that are scattered commonly alongside the size of the 83m run.

The deepest run of 8m at 14.81m from 179m takes the important mineralisation to 187m depth. The gap was pushed to 303.15m.

It additionally options different shallow major intercepts, together with a most notable 6m hit at 1.05g/t gold from 40.97m and 5m at 1.38g/t from 75m depth.

The headline intercept from BDT1 represents a best-to-date tenement and project consequence, in contrast with different outcomes on a gold grade x intercept metres foundation, with the 83m at 4.87g/t gold intercept yielding a 404-gram-metres consequence.

The present diamond drilling on the BD tenement has put in 5 holes at BDT1 for a complete of 1503.45m and 4 holes into the close by BD Target 3 (BDT3) for 713.8m.

Intercepts reported from three different holes at BDT1 embrace one delivering 0.83m at 172.40g/t gold from 14.82m and 53.77m at 0.81g/t gold from 55.13m, together with 5m at 3.40g/t gold.

A second gap gave up 20.83m at 2.63g/t gold from 116.70m, together with 5m at 3.25g/t gold and 9m at 3.88g/t gold, and a separate 29.44m run at 1.30g/t gold from 142.56m, together with 5m 1.45g/t gold and 7m at 2.13g/t gold.

A 3rd gap yielded a long run of 43.50m assaying 1.38g/t gold from 52.50m, together with 7m at 4.71g/t gold and 7m at 1.99g/t gold, and a 13m run at 1.14g/t gold from 202m, together with 4m going 2.99g/t gold.

Drilling on the second BDT3 goal delivered gold in all 4 holes, with a best run of 22m at 0.59g/t gold from 78m, together with 1m at 3.77g/t gold, and 9m assaying 1.42g/t gold from 127m, together with 2m going 3.33g/t gold.

We knew there have been high grades in among the many thick zones of gold mineralisation at BDT1… and (these) latest outcomes additional validate this and can help us higher perceive and goal these plunging high-grade shoots with drilling; remembering that gold mineralisation continues to be open at BDT1.

The Boundiali BD tenement is the southernmost of a contiguous group of tenements that comprise the Boundiali project. The BDT1 goal is one of seven present or precedence drilling areas within the BD tenement.

Aurum has already established an interim 340,000-ounce inferred gold useful resource for BDT1 and 440,000 ounces of gold for BD Target 2.

All the targets are on a 13 kilometre, 3km-wide mineralised hall outlined within the BD tenement.

Geochemistry signifies a robust probability the hall extends southward into the company’s separate adjoining BST ground.

Structural trends recommend the hall might also prolong northward into Aurum’s adjoining BN ground.

All eight of Aurum’s self-owned diamond rigs are persevering with to drill on the Boundiali project with a purpose of attaining 100,000m this yr and different assays are nonetheless to come back.

The company plans to ship two mineral useful resource updates this yr, which can broaden the maiden 1.59-million-ounce estimate. It can also be working to finish a Boundiali pre-feasibility research by the tip of the yr.

Aurum has drilling applications deliberate for each its Boundiali and separate Napié tasks, which have a mixed 2.5m ounces of gold, inserting the company in a robust place to attain important useful resource growth this yr.

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