FINWIRES · TerminalLIVE
FINWIRES

Aurum Resources Drilling at Côte d'Ivoire Project Intersects Gold Mineralization Outside Current Mineral Resource

By

Aurum Resources (ASX:AUE) said the latest drilling at its Boundiali gold project in Côte d'Ivoire intersected gold mineralization outside the current mineral resource, indicating further resource growth potential, according to a Friday filing with the Australian bourse.

Key drill intercepts at the BMT3 deposit include 1.76 meters at 150.87 grams per tonne grade of gold from 485.94 meters, including 0.72 meters at 367.05 g/t gold; 15.5 meters at 3.88 g/t gold from 179 meters; and 10 meters at 3.46 g/t gold from 280 meters.

The BMT2 deposit intercepts include 15 meters at 1.05 g/t gold from 112 meters; six meters at 1.79 g/t gold from 48 meters; and 66.3 meters at 0.61 g/t gold from 129.7 meters. BMT1 deposit intercepts include 6.8 meters at 28.76 g/t gold from 120.2 meters; 2.4 meters at 14.38 g/t gold from 123 meters; and eight meters at 2.13 g/t gold from 135 meters.

The company said it is targeting the next Boundiali mineral resource estimate update at the end of the third quarter, with a definitive feasibility study expected late this year.

Related Articles

Asia

Xiamen Tungsten to Avail of Up to 2.1 Billion Yuan of Wealth Management Products; Shares Rise 6%

Xiamen Tungsten (SHA:600549) will avail of wealth management products for up to 2.1 billion yuan, according to a Thursday filing with the Shanghai bourse.The funds will be sourced from idle proceeds from its cash management program, the tungsten materials supplier said in its filing.Shares rose 6% during the midday break on Thursday.

SHA:600549
Asia

Seiko Epson to Launch Up to 30 Billion Yen Share Buyback

Seiko Epson (TYO:6724) said its board agreed to launch an up to 30 billion yen buyback, repurchasing as many as 17 million common shares as part of its plan to drive growth investments and shareholder returns.The printer manufacturer said the share buyback will run from Aug. 7, 2026, through March 31, 2027, and all repurchased shares will be canceled, according to a Thursday filing on the Tokyo Stock Exchange.The buyback, to be conducted on the Tokyo Stock Exchange using the discretionary method, represents 5.31% of its outstanding shares excluding treasury stock.

TYO:6724
Asia

CPE Technology Unit to Buy Johor Land with Factory for MYR10 Million

CPE Technology's (KLSE:CPETECH) subsidiary, Champion Precision Technology, agreed to acquire a piece of freehold land with a factory in Johor, Malaysia, from Flomatic Industries, for 10 million ringgit, according to a Wednesday filing with Bursa Malaysia.The acquisition will be funded via proceeds from the company's initial public offering.The expansion is part of CPE's strategy to strengthen its manufacturing capabilities and expand production capacity.The transaction is expected to conclude by the second quarter of 2027, the filing said.

KLSE:CPETECH