Aurum Resources Limited · ASX:AUE
Aurum Resources — Investor Presentation (March 2025)
24 slides from Aurum Resources's investor presentation, Mar 7, 2025
Slide 1: Discovering and Developing Gold Mines in Côte d'Ivoire
For personal use only DISCOVERING Lesson AND one: DEVELOPING public GOLD speaking MINES IN CÔTE D'IVOIRE INVESTOR PRESENTATION – MARCH 2025 www.aurumres.com.au | ASX:AUE
Slide 2: Disclaimer
Disclaimer This presentation prepared by Aurum Resources Ltd (“Company”) does not purport to contain all the information that a COMPLIANCE STATEMENT prospective investor may require in connection with any potential investment in the Company. You should not treat the contents The information in this
Slide 3: Corporate Overview
Corporate Overview CAPITAL STRUCTURE (ASX:AUE) A$0.32 224M A$71M ~A$23M* For personal use only ~A$48M Share Price (6 March 2025) Shares on Issue1 Market Capitalisation *Cash unaudited Enterprise Value 31 Dec 2024 DIRECTORS ONE YEAR SHARE PRICE MOVEMENT TROY FLANNERY Non-Executive Chairman DR CAIGEN
Slide 4: Aurum Resources: Investment Highlights
Aurum Resources: Investment Highlights For personal use only 2.5Moz gold MRE Cost-effective Focused on Côte Boundiali Met Work Experienced in Côte d'Ivoire, exploration d'Ivoire Free milling 95% leadership team West Africa: using our own gold recovery with proven track diamond drill rigs Extensive B
Slide 5: 2.5Moz Gold Resources: Poised for Growth
2.5Moz Gold Resources: Poised for Growth • 2.5Moz gold resource in Côte d'Ivoire, West Africa: • Boundiali - 1.6Moz Gold Project For personal use only • Napié - 0.87Moz Gold Project • Exploration upside: Gold mineralisation remains open at all deposits, with many targets yet to be drilled • Projects
Slide 6: Boundiali: 1.6Moz JORC Resource
Boundiali: 1.6Moz JORC Resource 100,000m drilling in CY2025 to drive growth MRE Update 2 • JORC Mineral Resource Estimate of 1.59Moz gold1 For personal use only • Gold mineralisation remains open along strike and down dip at all deposits • Drilling is ongoing on these deposits, with other Boundiali
Slide 7: Boundiali Gold Project – Overview
Boundiali Gold Project – Overview PROSPECTIVE LAND PACKAGE For personal use only Hosting prospective Birimian greenstones. Located within the same greenstone belt as: • Resolute’s large Syama (11.5Moz) and Perseus’ Sissingué (1.0 Moz) gold mines to the north • Barrick’s Tongon mine (5.0Moz) to the n
Slide 8: BD Gold JV Project - 13km by 3km Proven Gold Corridor
BD Gold JV Project - 13km by 3km Proven Gold Corridor 34,100m DIAMOND CORE DRILLED SINCE DECEMBER 20231 LATEST DIAMOND DRILL RESULTS2 For personal use only • 12m @ 22.02 g/t Au from 145m inc. 7m @ 27.50 g/t Au (DSDD0136) • 73m @ 2.15g/t Au from 172m inc. 4m @ 18.63g/t Au (DSDD0012) • 90m @ 1.16 g/t
Slide 9: BM Gold Project JV – Quickly Growing Resources
BM Gold Project JV – Quickly Growing Resources 37,600m DIAMOND CORE DRILLED SINCE – OCTOBER 20231 LATEST DIAMOND DRILL RESULTS For personal use only BM Target 12 • 17.31m @ 5.90 g/t Au from 273.69m inc. 6m @ 16.07 g/t Au (MBDD081) • 11.46m @ 6.67 g/t Au from 162.54m inc. 1.46m @ 45.04 g/t Au (MBDD04
Slide 10: BST Gold Project – Primed for Growth
BST Gold Project – Primed for Growth SIGNIFICANT EXPLORATION UPSIDE FROM MULTIPLE DRILL READY TARGETS MULTIPLE GOLD TARGETS DEFINED For personal use only Strong gold-in-soil targets (5,700 samples): Historic drilling database • Nyangboue +6km strike • AC: 545 holes, 21,056.00m • Nyangboue South +2km
Slide 11: Boundiali PFS – On track for delivery in late 2025
Boundiali PFS – On track for delivery in late 2025 BD Met work: Free milling +95% gold recovery For personal use only • Easy to crush: Ore is likely suitable for a single-stage SAG mill circuit • Gravity gold recovery: Gold can be recovered at 50% to 60% using gravity methods at a 106µm grind • Rela
Slide 12: Napié Gold Project: 0.87Moz JORC Resource
Napié Gold Project: 0.87Moz JORC Resource 30,00m DD planned, targeting MRE update end of CY2025 For personal use only • Gold Resource: Shallow open pit 0.87Moz JORC Resource at 1.20g/t Au, with mineralisation open along strike and at depth. Maximum resource depth between 160m – 195m across the two d
Slide 13: Côte d'Ivoire – Growing Gold Producer
Côte d'Ivoire – Growing Gold Producer For personal use only Stable Extensive Underexplored Proven Eight operating Excellent Birimian jurisdiction Gold mines infrastructure Political Gold-bearing rocks World-class For mine >1.5Moz pa (Barrick, Extensive network of governance and with approximately di
Slide 14: West Africa - Destination of Choice
West Africa - Destination of Choice ANNUAL Au PRODUCTION DISCOVERIES BY REGION BY AREA ANNUAL GOLD PRODUCTION BY REGION 2010-2021 IN MILLIONS OF OUNCES, FOR 2021 For personal use only 67Moz EXPLORATION CONSTRUCTION PRODUCTION Largest number of discoveries Low capital intensity with industry- 16Moz W
Slide 15: West Africa - Destination of Choice (continued)
West Africa - Destination of Choice (continued) ANNUAL Au GOLD PRODUCTION PROJECT BY REGION CONSTRUCTION GOLD PROJECT CONSTRUCTION Based on 44 primary gold projects built since 2010 Capital intensity calculated as development capital costs For personal use only divided by M&I resource as per the fea
Slide 16: Drilling Exploration Dollars Further
Drilling Exploration Dollars Further US$60m For personal use only US$50m US$40m US$30m US$20m US$10m Self-perform DD cost (ASX:TIE) Typical Explorer – contract drilling 350,000m DD completed WE OWN OUR DIAMOND DRILL RIGS ONGOING DRILLING OPERATIONS • Diamond drilling commenced on 24 October 2023 • P
Slide 17: Why Invest in Aurum Resources?
Why Invest in Aurum Resources? • 2.5Moz Gold Resource: Combined resource across Boundiali and Napié projects. For personal use only • Exploration Upside: Both projects have potential to grow resources through drilling. • Cost-Effective Exploration: In-house diamond drilling fleet reduces costs by up
Slide 18: Contact us
For personal use only Contact us + 61 8 6559 1792 Troy Flannery Chairman Email: contact@aurumres.com.au Dr Caigen Wang Managing Director Email: contact@aurumres.com.au Mark Strizek Executive Director Email: contact@aurumres.com.au AURUM RESOURCES AURUMAND CORPORATE RESOURCES | ASX: BOUNDIALI Au AUEU
Slide 19: Appendix
Appendix For personal use only AURUM RESOURCES 19
Slide 20: BD Gold JV Project - 13km by 3km Gold Corridor
BD Gold JV Project - 13km by 3km Gold Corridor BD TARGET 1 X-SECTIONS For personal use only Section 1054330N (+/-40m) Section 1054250N (+/-30m) AURUM RESOURCES 20
Slide 21: BD Gold JV Project - 13km by 3km Gold Corridor
BD Gold JV Project - 13km by 3km Gold Corridor BD TARGET 1 X-SECTIONS For personal use only AURUM RESOURCES 21 Section 1054500N (+/-25m) Section 1054400N (+/-25m)
Slide 22: Napié Project Significant potential along strike and at depth
Napié Project Significant potential along strike and at depth For personal use only AURUM RESOURCES 1 “Napie Project Listing Rule 5.6 Disclosure (Amended)” released to the Australian Securities Exchange on 4 February 2025 and available on www.asx.com.au. 22
Slide 23: Aurum's Projects
Aurum’s Projects The 1.6Moz Boundiali Gold Project is comprised of four neighbouring exploration Mako Gold is a 91.38% owned subsidiary of Aurum. Aurum tenements (Figure 3): lodged notice with ASIC and ASX to compulsory acquire the remaining shares on 29 January 2025 and holds the 1) Boundiali Minex
Slide 24: Aurum Mineral Resources JORC 2012
Aurum Mineral Resources JORC 2012 Statement of Boundiali Mineral Resources by Deposit as at 29 December 2024. Reported at 0.5 g/t Au cut off within pit shells; and 1.0 g/t Au cut off below the pit shells[1] For personal use only Napié Mineral Resource Estimate; On 14 June 2022, a maiden Mineral Reso