Aurum Resources Drills 29m at 1g/t Gold

0:00It's April 16. Welcome in. This is Cindy News Today, where local news meets AI. I'm Cory with the story. Orm resources just drop some fire assay results from their Boundioli Gold Project in Cult of War. At the BST-1 target, seven diamond drill holes confirm gold mineralization plunging 220 meters below the current resource. The highlight was a 29 meter intercept at 1 gram per ton gold from 444 meters downhole with a 1 meter spike, hitting 18.14 grams per ton. Meanwhile, they drilled over 6,600 meters across BST-1 and BDT-3 targets. At BDT-3, 19 kilometers north, 10 more holes tested depth extensions on wider spacing, nailing intercepts like 7 meters at 1.2. Three grams per ton from 352 meters. Dr. Kagan Wong, the managing director, is hyped, saying these hits prove the systems stay open at depth with room to grow along strike.

1:02It's boosting confidence in the project's potential way beyond current estimates. These results missed the cutoff for the latest resource update, which now sits at 99.7 million tons at 1 gram per ton for 3.03 million ounces. But they'll fold into the next upgrade targeted for the third quarter of 2026 alongside a pre-feasibility study. With 4.2 million ounces across their West African assets, $61 million in cash and 14 rich spinning, oroms gearing up. For a hub and spoke operation in that 75 kilometer corridor, plenty more drills and news on the way to build this into a major gold play.