Aurum Resources Limited · ASX:AUE
Aurum Resources — Investor Presentation (June 2024)
24 slides from Aurum Resources's investor presentation, Jun 17, 2024
Slide 1: Corporate Update
For personal use only CORPORATE UPDATE 17 JUNE 2024 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 Given the risks and uncertainties that may cause the Company’s actual future results, performance or information that a prospective investor may require in connection with any potential inves
Slide 3: Highlights
Highlights For personal use only Australian gold Changed the rules of Diamond drilling on Board and Exploration upside exploration company exploration with AUE- high priority targets Management with across our with focus on owned diamond drill +15,000m drilled proven track record portfolio rigs and
Slide 4: Capital structure after $17M placement
Corporate Update CAPITAL STRUCTURE AFTER $17M PLACEMENT (ASX:AUE) A$0.33 142.9M A$47M ~A$22M* For personal use only ~A$25M Share Price (13 June 2024) Shares on Issue1 Market Capitalisation2 Cash unaudited3 Enterprise Value4 DIRECTORS SHARE PRICE MOVEMENT TROY FLANNERY Non-Executive Chairman DR CAIGE
Slide 5: Boundiali Gold Project
Boundiali Gold Project PROSPECTIVE LAND PACKAGE For personal use only Hosting prospective Birimian greenstones. Located within the same greenstone belt as the • 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 northeas
Slide 6: BD Gold JV Project - 13km by 3km Gold Corridor
BD Gold JV Project - 13km by 3km Gold Corridor FIRST STAGE DIAMOND DRILL SCOUT PROGRAM – COMMENCED DECEMBER 2023 NYANGBOUE GOLD STRUCTURE For personal use only • Multiple corridors of +20ppb gold in soil anomalism1,2 • Higher gold values include 1,185, 806 and 626 ppb gold • Shallow historic drillin
Slide 7: BD Gold JV Project - BD Target 1 X-Sections
BD Gold JV Project - 13km by 3km Gold Corridor FIRST STAGE DIAMOND DRILL SCOUT PROGRAM – BD TARGET 1 X-SECTIONS For personal use only AURUM RESOURCES 7
Slide 8: BD Gold JV Project - BD Target 2
BD Gold JV Project - 13km by 3km Gold Corridor FIRST STAGE DIAMOND DRILL SCOUT PROGRAM – BD TARGET 2 For personal use only AURUM RESOURCES 8
Slide 9: BST Gold Project – Advanced Exploration Play
BST Gold Project – Advanced Exploration Play GROWING EXPLORATION FOOTPRINT WITH BOUNDIALI SOUTH ACQUISITION MULTIPLE GOLD TARGETS DEFINED For personal use only Detailed surface geochemical sampling identified three strong gold anomalies: • Nyangboue +6km strike • Nyangboue South +2km strike • Gbemou
Slide 10: BM Gold Project JV – Scout Drilling Results: Plan View
BM Gold Project JV – Scout Drilling Results: Plan View HISTORIC DATA For personal use only • 93 AC drill holes • 816 rock chip assays (Gold only) • EM - Airborne geophysical survey • Four RC holes drilled by previous owners, best results include: • 22m @ 1.06 g/t Au from 87m and 9m @ 1.79 g/t Au AUR
Slide 11: BM Gold Project JV – Target 1 Section View
BM Gold Project JV – Scout Drilling Results Target 1: Section View For personal use only AURUM RESOURCES 11
Slide 12: 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 13: 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 14: Côte d'Ivoire – Growing Gold Producer
Côte d'Ivoire – Growing Gold Producer For personal use only Extensive Proven Eight operating Excellent Stable Underexplored Birimian jurisdiction Gold mines infrastructure Political Gold-bearing rocks World-class For mine >1.0Moz pa (Barrick, Extensive network of governance and with approximately di
Slide 15: We care about our shareholders and look after all stakeholders
We care about our shareholders and look after all stakeholders For personal use only AURUM RESOURCES 15
Slide 16: We own our diamond drill rigs
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 • Proven game-changing strategy • Diamond drilling
Slide 17: Why invest in Aurum
Why invest in Aurum For personal use only Experience Knowledge Trust Care Commitment Management has track More than 10 years’ By Government, investors About shareholders’ Dedicated to ensure record of creating value experience in country and and project partners investment and positive outcomes for
Slide 18: Appendix
Appendix For personal use only AURUM RESOURCES 18
Slide 19: Aurum's Boundiali Gold Project
Aurum’s Boundiali Gold Project The Boundiali Gold Project is comprised of four neighbouring exploration tenements (Figure 3): 1) Boundiali Minex Tenement PR0893 ("BM”), 400km2, holder Minex West Africa, of which Aurum is earning interest of up to 80-88% through its fully owned subsidiary Plusor Glob
Slide 20: BM gold project JV
BM gold project JV Plusor is earning interest through carrying out diamond drilling programs of 8,000m to earn 80% interest in two stages. For personal use only • Drilling 4000m diamond holes to earn 30% interest • Drilling 2nd 4000m diamond holes to earn accumulated 51% interest • Earn an accumulat
Slide 21: BD gold project JV
BD gold project JV Plusor owns 80% interest acquired from DS Joint Venture Company’s two shareholders: • acquired 45% share capital of DS Joint Venture Company Sarl by paying USD430k to DS Resources Sarl; and For personal use only • acquired 35% share capital of DS Joint Venture Company Sarl from Tu
Slide 22: Consideration and payment for the BST binding term sheet
Consideration and payment for the BST binding term sheet • Purchase of the tenement is subject to Aurum obtaining a renewal of the BST tenement (or the granting of a replacement) and being satisfied that the terms of the renewal (or replacement permit) do not restrict exploration or potential future
Slide 23: BN gold project JV
BN gold project JV Aurum is earning interest through carrying out exploration to earn 70% interest in three stages: • Stage 1: Aurum earns 35% interest by spending USD 1.2 million within 36 months of license grant For personal use only • Stage 2: Aurum earns 51% interest by spending USD 2.5 million
Slide 24: 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