Our weekly appointments wrap includes Yaya Ouattara, Caigen Wang, Maree Arnason, Derek La Ferla, Ben Morton, Darryl Cuzzubbo, Gavin Lockyer, Niamh O'Connor, Anna Shave, Brendon Grylls and Martina Mariano.
Aurum Resources has appointed Yaya Ouattara as its new exploration manager in Côte d'Ivoire, as the company's planned exploration activities begin to intensify.
Gold miner Aurum Resources has raised $7 million in a bid to accelerate exploration activities at its recently-acquired Boundiali gold project in Côte D'Ivoire.
Aurum Resources has appointed experienced African gold miner Caigen Wang as its new managing director as the company works-up the shallow, wide gold-bearing orebody at its Boundiali project in Côte d'Ivoire. Wang is no stranger to maturing African gold discoveries, taking Tietto Minerals from a market cap of about $30 million to nearly $700 million at its Abujar gold mine, also in Côte D'Ivoire.
Assays from the first eight diamond drill holes at Aurum Resources' Boundiali gold project in Côte d'Ivoire, West Africa suggest wide, shallow gold mineralisation with more assays on the horizon. The best results were 16m at 1.24 grams per tonne from 117m including a 6m thick section grading 2.44g/t from 127m, 7.39m at 1.94g/t from 139.34m including 5.35m at 2.53g/t from 141.37m.
Aurum Resources has completed its acquisition of PlusOr Global and now officially owns ground in Africa's Côte d'Ivoire, where historic drill hits have run as high as 1m at a massive 30.8g/t gold from 42m. The company says diamond drilling at the project is underway and 29 holes have been completed across three targets for 4592m of core, with assays due back next month.
Aurum Resources is set to take its gold search to a new continent after signing a binding agreement to acquire PlusOr Global, which holds the rights to earn into the Boundiali gold project in Côte d'Ivoire. The project on the southern coast of West Africa covers two contiguous granted exploration permits within Côte d'Ivoire's prospective Boundiali greenstone belt.
The dust has settled and the rods have been pulled on Aurum Resources' maiden 74-hole air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing in WA's illustrious goldfields. Drilling was designed to test the source of a suite of alluring gold and base metal anomalies etched out over a prospective – and under-explored – greenstone sequence.
Aurum Resources has launched its maiden 74-hole, 3500m air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing in Westerm Australia, to follow up on some alluring gold and base metals soil anomalies. The holes will be oriented in multiple transects perpendicular to the strike of a prospective north/north-westerly-trending greenstone belt, with the aim of netting some trophy catches.
Aurum Resources is set to launch a maiden 74-hole air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing, after completing trackwork for the rig and a heritage clearance survey. Some 3500m of drilling will be oriented in multiple transects perpendicular to the prospective greenstone belt to follow-up on gold and base metals anomalies observed in soil sampling.
Aurum Resources is edging towards exploration on its Ryans Find gold project north-east of Southern Cross after completing a two-day on-site heritage clearance survey alongside the land's traditional owners – the Marlinyu Ghoorlie Native Title Claimant Group. Management says drilling at its deposit will be scheduled once a report from the heritage consultants, Fremantle-based Terra Rosa, has been reviewed.
Aurum Resources has commenced an induced polarisation gradient array geophysical survey at its Penny South project that is planned to cover an area of 5.2 square kilometres. The main target for the IP survey is ultramafic schist units that Aurum believes are possibly more extensive than previously interpreted and may host nickel-copper mineralisation. The Penny South project is located 126 kms south-east of Mt Magnet in WA.
Minerals explorer Aurum Resources is about to kick off a ground induced polarisation, or “IP” geophysical survey at its flagship Penny South gold project in WA's East Murchison in search of nickel and copper mineralisation. The IP gradient array survey over a 5.2 square kilometre block covers an historical anomalous nickel strike that returned 8m going 0.44 per cent nickel from 32m.
ASX-listed Aurum Resources is another step closer to launching exploration on its flagship Ryan's Find gold project, north-east of Southern Cross in WA. The company says once it receives heritage clearance, which has now been scheduled it will immediately kick off an air-core drilling campaign. A gradient array induced polarisation survey is also planned for its Penny South gold project.
Aurum Resources is one step closer to beginning exploration on its Ryans Find gold project north-east of Southern Cross after signing a heritage agreement with the Marlinyu Ghoorlie Native Title Claimant Group. The agreement is the first step in gaining heritage clearance for the site that will allow the company's planned air-core drilling program to commence. The programme of works for the campaign has already been approved by the WA Department of Mines, Industry Regulation and Safety.
After poring over historical data mineral explorer Aurum Resources has confirmed the company's flagship Penny South gold project in WA's Mid West is also prospective for nickel along with a potential side of silver and zinc. Aurum intends to re-assay drill holes that were only ever assessed for gold as it looks to quantify the project's base metal potential.
Aurum Resources has submitted its samples for assay from a maiden 18-hole drill program at its Penny South gold project located on the same interpreted structure as the Ramelius Resources owned Penny West and Penny North deposits in Sandstone, Western Australia. The company has opted for the fast-track photon assay process that cuts turnaround times from 6-12 weeks to just two.
Aurum Resources has finished a maiden 18-hole drill program at its prospective Penny South gold project. The company is chasing targets with distinct similarities to its neighbours, the well-endowed Penny West historical mine and the ever-expanding Ramelius Resources' owned Penny North deposit. Despite some drilling delays Aurum hit numerous prospective shear zones with sulphides and quartz veining that it plans to send for priority assay.
Middle Island has locked onto copper mineralisation at its Barkly copper-gold project in the Northern Territory. In a purposeful pursuit of iron-oxide copper gold style mineralisation, the company will shed its gold assets and launch into further exploration of the prospective Tennant Creek region. The impending sale of the $14m market capped company's Sandstone gold project for $12m in cash and shares presents an eye-catching valuation on Middle Island's remaining Tennant Creek operations.
Aurum Resources has hit sulphides in all drillholes bar one as part of a maiden drilling campaign at its Penny South gold project. The activity is targeting structural anomalies along strike from the high-grade Ramelius owned Penny North deposit and the historical high-grade Penny West mine. The company is currently halfway through an 18 hole program for a total of 5,000 metres.
Aurum Resources has intersected sulphides and quartz veining in recent drilling at its Penny South project targeting structural anomalies that bear similarities to the nearby high-grade Ramelius Resources owned Penny North deposit and the historical high-grade Penny West mine. Aurum is currently 5 holes into an 18 hole RC drill program for a total of 5,000 metres that is following up previous gold hits and new geophysical anomalies.
Aurum Resources has launched a 5,000 metre drilling assault at its Penny South project in WA targeting structural anomalies that bear similarities to the nearby, high grade Ramelius Resources' owned Penny West and Penny North gold projects. The Penny West deposit produced 154,000 tonnes at 18.0 grams per tonne for 89,000 ounces gold in the 1990's and Aurum plans to sink 18 holes into its project attempting to home in on the most prospective areas of the tenure following up earlier work.
Aurum Resources is getting set for a gold drilling blitz on two fronts in WA early in the new year. The explorer has slated up to 6000m of RC drilling at its Penny South project that sits adjacent to Ramelius Resources' Penny North deposit where 306,800 ounces grading a remarkable 16.8 g/t gold have been defined. It also plans to drill-test its Ryan's Find project north-east of Southern Cross.
Aurum Resources is set to hit the boards at the ASX after an oversubscribed initial public offering of nickel-copper explorer Aldoro Resources' gold assets. Aurum has raised $5 million to fast track the development of its underexplored gold projects in WA's East Murchison region. Aurum will prioritise its Penny South gold project that already has some cracking drill results that were inexplicably never followed up.
Larvotto Resources is among a long list of gold explorers seeking to trade on the ASX, this month announcing plans to raise up to $10 million through its IPO.