Aurum Sources Restricted (ASX: AUE) (Aurum) is happy to report additional shallow, vast gold intercepts from diamond holes at BD Goal 2 as a part of ongoing diamond drilling at its Boundiali Gold Undertaking in Côte d’Ivoire, West Africa.
Highlights
- Assay outcomes for scout and step-back diamond drilling (18 holes for 3070m) drilled at BD Goal 2 on the Boundiali BD tenement report a number of shallow, vast gold hits1 together with:
- 74m @ 1.00 g/t Au from 167m inc. 1m @ 24.73 g/t Au (DSDD0044) & 6m @ 3.31 g/t Au from 99m & 8m @ 1.51 g/t Au from 71m
- 33m @ 0.84 g/t Au from 146m inc. 1m @ 9.95 g/t Au (DSDD0046)
- 1m @ 10.01 g/t Au from 71m (DSDD0024)
- BD Goal 2 is a 1.7km lengthy by 1km vast gold prospect with artisanal workings (~6km north of BD Goal 1)
- Extra assay outcomes from drilling at BD Goal 1 anticipated over the approaching weeks
- Drill program is ongoing with 30,000m of diamond drilling deliberate for this yr
- Aurum at present has three diamond drill rigs, drilling at ~4,000m per thirty days and can quickly enhance to 4 diamond drill rigs drilling ~6,000m per thirty days
- Aurum is concentrating on an preliminary Mineral Useful resource Estimate for Boundiali in late CY2024
- Aurum has a powerful money stability of ~A$5M (unaudited) to help its aggressive drill program.
Aurum’s Managing Director Dr. Caigen Wang mentioned: “We’re more than happy to see BD Goal 2 is shaping up properly with good, vast intercepts from 100m line spacing diamond holes confirming the gold system is open alongside strike and continues at depth. These new shallow, vast gold intercepts show the gold system continues in contemporary rock beneath shallow oxide RC drilling (30 holes for two,057m) drilled by earlier explorers.
Comply with-up drilling is required to chase the system alongside strike and at depth in addition to areas the place our crew has recognized artisanal workings. BD Goal 2 is about 6km to the north of BD Goal 1, the place we intercepted 73m @ 2.15g/t Au from 172m (DSDD0012) (Check with Determine 3). These prospects sit inside a 13km by 3km gold mineralised hall the vast majority of which has not but been examined by drilling.
We’re nicely funded and supported by our shareholders and with our three diamond rigs concentrating on round 4,000m of drilling per thirty days. Given the encouraging outcomes so far, we’re assured so as to add new targets on the BD and BM tenements while we drill in the direction of our goal of delivering inaugural JORC sources for the Boundiali challenge by late 2024.”
Determine 1: Part S10596307N exhibiting earlier drilling (white) and newest drill intersection (yellow) –BD Goal 2
Newest BD Goal 2 Drill Outcomes
Assay outcomes for drilling reported on this launch are for vast line spaced (100m) diamond holes (18 holes for 3070m) drilled at BD Goal 2. These new outcomes are along with the assays beforehand launched on 23 April 2024 (15 holes for two,815m), with a complete of 33 holes for five,885.48m reported so far.
Aurum is performing diamond drilling utilizing its personal drill rigs and personnel to judge a 1.6km lengthy by 1km vast gold prospect, which was outlined by earlier explorers from soil samples, trenching and RC drilling. The prospect sits inside a bigger 13km by 3km gold mineralised hall (which incorporates three gold prospects at present being drill examined), the vast majority of which continues to be to be drill examined.
Diamond drilling has intersected the identical volcano sedimentary package deal seen at BD Goal 1 and mineralisation is characterised by broad alteration wealthy in hematite + chlorite + tourmaline + quartz + albite and carbonate. Mineralisation at each BD Goal 1 and BD Goal 2 seem like managed by N-S trending constructions and there has additionally been an intense exercise of artisanal miners concentrating on oxide mineralisation.
Diamond drilling is performed with NTW drill core and collared on the floor with HQ sized tools. All drill holes had been subject logged by firm geologists with lithological, alteration, mineralogical in addition to sulphide content material recorded. Geotechnical and structural information has been recorded and images and restoration measurements had been performed by assistants beneath a geologist’s supervision.
NTW core is lower in half utilizing a core noticed and the core was sampled to main geological intervals as outlined by the geologist at 1m pattern intervals, though some area of interest sampling of quartz veins related to seen gold has been undertaken. Sometimes diamond core samples are ready, sub pattern and assayed by Intertek in Ghana utilizing fireplace assay methods on a 50g pattern.
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