Aurum Resources Takes Major Leap Forward In Cte Divoire With Groundbreaking Licence Submissions

Aurum Resources Takes a Significant Step Towards Developing its Boundiali Gold Project in Côte d’Ivoire with Submissions of Mining Licence Applications

In a move that signals the company’s commitment to progressing its gold projects, Aurum Resources has submitted applications for mining exploitation licences covering the entire 572.67km² area of its Boundiali Gold Project in Côte d’Ivoire. This development marks an important milestone in the project’s development timeline and underscores the company’s efforts to transition from exploration activities towards the potential development of a large-scale open-pit mining operation.

The three pending exploitation applications, covering the Boundiali South (BST), Boundiali DS (BD), and Boundiali Minex (BM) tenements, are currently under consideration by the Ministry of Mines, Petroleum and Energy of Côte d’Ivoire. Out of these applications, two were submitted in December last year, while the third was lodged in March 2025.

The BD and BM mining licence applications, covering 130.38km² and 274.93km² respectively, demonstrate Aurum’s confidence in the project’s potential. These areas have been identified as having significant gold deposits, with updated mineral resource estimates (MREs) indicating substantial reserves of this precious metal.

The BST application, covering 167.36km², was submitted earlier than its counterparts, demonstrating the company’s proactive approach to securing necessary licences for its projects. This strategic move enables Aurum to accelerate its development plans and take advantage of the favourable mining regulations in Côte d’Ivoire.

Aurum Resources’ decision to submit these applications comes as the company continues to make significant progress with its exploration programme at Boundiali. The company has planned an extensive 100,000m diamond drilling programme, which is expected to provide valuable insights into the project’s geology and inform future development decisions.

The exploration programme, along with two additional MRE updates scheduled for release in mid and late 2026, will play a crucial role in determining the project’s potential. The company has also announced plans for an additional 30,000m of diamond drilling at its Napié project, which is expected to further enhance our understanding of this site.

Aurum Managing Director Caigen Wang expressed his confidence in the project’s quality and the efficiency of his team. In a statement, he highlighted the company’s growth from 1.59moz of gold resources in 2024 to 2.41moz currently, demonstrating significant progress in a relatively short period. With $40m in the bank and a clear pathway to a definitive feasibility study in late 2026, Wang stated that Aurum is well-positioned to deliver significant value this year.

The company’s decision to acquire 35% of the registered share capital of Ivorian company Major Star Plus in September 2025 is another significant development. This move demonstrates Aurum’s commitment to partnering with local companies and leveraging their expertise to enhance its projects’ prospects.

Côte d’Ivoire has been identified as a key destination for gold mining operations due to its rich mineral resources and favourable business environment. The country has seen significant investment in the mining sector, driven by the government’s efforts to diversify its economy and promote economic growth.

The Ministry of Mines, Petroleum and Energy is responsible for regulating the mining industry in Côte d’Ivoire. The ministry has been working to create a more conducive environment for foreign investors, including mining companies like Aurum Resources.

Aurum Resources’ progress with the Boundiali Gold Project demonstrates its potential as a significant player in the country’s mining sector. With the submission of these applications, the company is taking a major step towards realizing its vision of developing this project into a large-scale open-pit mining operation.

The company’s efforts to secure necessary licences and conduct extensive exploration programmes are expected to enhance our understanding of the project’s geology and inform future development decisions. The positive sentiment surrounding Aurum Resources’ progress with the Boundiali Gold Project suggests that the company is well-positioned to deliver significant value in the near term.

As the mining industry continues to evolve, companies like Aurum Resources will play a crucial role in shaping its future. With their expertise and commitment to responsible mining practices, they are helping to drive growth and development in countries with rich mineral resources.

The gold mining industry’s long-term prospects look promising, driven by increasing demand for this precious metal and advancements in technology that improve mining efficiency. Companies like Aurum Resources will be critical in navigating these changes and unlocking the potential of new discoveries.

Aurum Resources’ journey towards realising the potential of the Boundiali Gold Project is an inspiring example of what can be achieved through dedication, hard work and a focus on delivering value to stakeholders. As the company continues to make progress with this project, its efforts will undoubtedly be closely watched by investors, industry experts and mining enthusiasts alike.

The acquisition of Ivorian company Major Star Plus has enabled Aurum Resources to strengthen its presence in Côte d’Ivoire, bolstering its ability to execute its development plans. This strategic move underscores the importance of partnering with local companies to enhance project prospects.

Aurum Resources’ growth and progress demonstrate the potential for significant value creation in the mining sector. The company’s commitment to delivering results and driving growth will likely continue to be a key focus area in the years to come.

The future of the gold mining industry looks promising, with companies like Aurum Resources poised to play a major role in shaping its evolution. As the global demand for gold continues to grow, the need for efficient and responsible mining practices will become increasingly important.

Aurum Resources’ progress with the Boundiali Gold Project serves as a testament to the company’s dedication to delivering value to its stakeholders. The submission of these applications marks an important milestone in the project’s development timeline and underscores Aurum’s commitment to progressing its gold projects.

The success of companies like Aurum Resources will be crucial in driving growth and development in the mining sector. With their expertise, commitment to responsible practices, and vision for delivering value to stakeholders, they are helping to shape the future of this critical industry.