Aurum Resources (ASX: AUE) — Company Overview, News & Financial Data
Aurum Resources is a mineral exploration and development company focused on discovering and advancing gold deposits in West Africa.
Aurum Resources
Aurum Resources is a mineral exploration and development company focused on discovering and advancing gold deposits in West Africa. The company's principal portfolio includes gold exploration assets in Côte d'Ivoire, most notably projects situated within birimian greenstone belts. To maintain operational efficiency and lower expenditures, the company operates an in-house fleet of diamond drilling rigs supporting its extensive exploration and resource expansion campaigns. Through systematic geological mapping, geochemical sampling, and diamond drilling, the organization targets gold mineralization to establish and expand mineral resource estimates across its West African tenement holdings.
Snapshot
Operations
Products and/or services of Aurum Resources
- Gold Exploration: Conducting systematic soil geochemistry, structural mapping, and reverse circulation drilling across birimian greenstone belts in northern Côte d'Ivoire to identify gold anomalies, establish mineralization trends, and advance greenfield targets through early exploration stages.
- Diamond Drilling Rigs: Operating an owner-managed fleet of continuous diamond core drilling rigs to execute targeted subsurface sampling, support continuous exploration programs, and significantly lower unit drilling costs compared to external contracting services.
- Resource Delineation: Executing deep diamond core drilling and laboratory assay programs to calculate compliant mineral resource estimates, quantifying gold tonnage, grade distributions, and total contained ounces across advanced exploration holdings in West Africa.
- Metallurgical Testing: Conducting comprehensive metallurgical test work on drill core samples, including gravity recovery and cyanide leaching assessments, to determine processing characteristics, overall gold recoveries, and optimal extraction flowsheets for deposit development.
- Geophysical Surveys: Commissioning airborne magnetic, radiometric, and ground-based geophysical surveys to map subsurface structures, identify major shear zones, and refine geological interpretations across prospective birimian gold corridors in Côte d'Ivoire.
- Tenement Expansion: Securing, evaluating, and managing mineral exploration licenses and joint venture partnerships across West African gold belts to maintain an active pipeline of regional targets and expand operational landholdings.
Aurum Resources executive team
- Dr. Caigen Wang CPEng, MAusIMM, MIEAust, Ph.D.MD & Non-Independent Non-Executive Director
- Mr. Mark William Strizek Browne B.S., BSc., MAusIMMExecutive Director
- Mr. Mauro PicciniCompany Secretary