Aurum Resources Boundiali Project Achieves Maiden Ore Reserve
Aurum Resources has announced the completion of its Pre-Feasibility Study for the Boundiali Gold Project in Côte d'Ivoire, confirming a large-scale open-pit development project with attractive financial metrics.
The study supports a maiden Probable Ore Reserve of 42.1 million tonnes at 0.9 grams per tonne gold, equivalent to 1.21 million ounces of contained gold across four open pit deposits.
The Pre-Feasibility Study presents financial metrics across a range of gold prices, with the company presenting results at the consensus analyst forecast mean of US$4,076 per ounce.