Aurum Resources Limited · ASX:AUE
Aurum Resources — Non-Deal Roadshow (October 2024)
29 slides from Aurum Resources's roadshow presentation, Oct 31, 2024
Slide 1: Actively Exploring the Boundiali Gold Project in Côte d'Ivoire
Actively Exploring the Boundiali Gold Project ASX:AUE www.aurumres.com.au in Côte d’Ivoire For personal use only Hong Kong Non-Deal Roadshow 31st October – 1st November 2024
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 +40,000m drilled proven track record portfolio rigs and
Slide 4: Capital Structure
Corporate Update CAPITAL STRUCTURE (ASX:AUE) A$0.47 152.4M A$71M ~A$19.35M* For personal use only ~A$51.65M Share Price (29 Oct 2024) Shares on Issue1 Market Capitalisation *Cash unaudited Enterprise Value DIRECTORS ONE YEAR SHARE PRICE MOVEMENT TROY FLANNERY Non-Executive Chairman DR CAIGEN WANG Ma
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: • 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 northeast,
Slide 6: BD Gold JV Project - 13km by 3km Gold Corridor
BD Gold JV Project - 13km by 3km Gold Corridor 33,700m DIAMOND CORE DRILLED SINCE – DECEMBER 20231 NYANGBOUE GOLD STRUCTURE For personal use only • Multiple corridors of +20ppb gold in soil anomalism2,3 • Higher gold values include 1,185, 806 and 626 ppb gold • Shallow historic drilling (91 RC holes
Slide 7: BD Target X-Sections
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 7
Slide 8: BD Target X-Sections
BD Gold JV Project - 13km by 3km Gold Corridor BD TARGET 1 X-SECTIONS For personal use only AURUM RESOURCES 8 Section 1054500N (+/-25m) Section 1054400N (+/-25m)
Slide 9: First Stage Diamond Drill Scout Program – 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 9
Slide 10: 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 Strong gold in soil targets(5,700 samples): Historic drilling database • Nyangboue +6km strike • AC: 545 holes, 21,056.00m • Nyangboue South
Slide 11: BM Gold Project JV – Scout Drilling Results
BM Gold Project JV – Scout Drilling Results 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 AURUM DIAMOND
Slide 12: 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 13: 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 14: 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 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: 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 • Proven game-changing strategy • Diamond drilling
Slide 17: Aurum has launched a bid to acquire Mako
Aurum has launched a bid to acquire Mako Recommended Takeover Of Mako Gold By Aurum Resources – 16 October 20241 Rapid growth in ounces –Mako’s existing shallow, open pittable ounces will provide Aurum with a base load of 868,000 oz2, immediately putting Aurum on the ladder with respect to defined o
Slide 18: Transaction Summary – Mako Gold Acquisition
Transaction Summary – Mako Gold Acquisition Proposed Merger • Acquisition of 100% of the fully paid ordinary shares in Mako Gold Limited (Mako) via an off-market takeover • Mako’s Napié Gold Project (Napié) hosts 868,000 ounces at 1.20g/t gold Maiden Mineral Resource and is located along For persona
Slide 19: Growth Focused West African Gold Explorer
Growth Focused West African Gold Explorer CREATING A WELL FUNDED, EXPLORATION AND DEVELOPMENT GOLD BUSINESS For personal use only Location Côte D’Ivoire Côte D’Ivoire Resource Targeted for late CY2024 868,000 ounces at 1.20g/t gold Projects Boundiali Gold Project Napié Gold Project • BD Gold Project
Slide 20: Overview of Mako's Assets
Takeover bid launched on 16 October 2024 – Success of TKO bid subject to Overview of Mako’s Assets acceptance by Mako shareholders ADVANCING THE 868,000 OUNCE GOLD RESOURCE AT NAPIÉ & 8KM-LONG MANGANESE DISCOVERY For personal use only Napié Gold project • Mako owns the Napié Gold Project (90%) and t
Slide 21: Napié Project Significant potential along strike and at depth
Napié Project Significant potential along strike and at depth Takeover bid launched on 16 October 2024 – For personal use only Success of TKO bid subject to acceptance by Mako shareholders AURUM RESOURCES 21 1 The information relating to the Mineral Resource at the Napié project is extracted from th
Slide 22: 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 23: 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 24: Appendix
Appendix For personal use only AURUM RESOURCES 24
Slide 25: 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 has 51% and is earning interest of up to 80-88% through its fully owned subsidiary
Slide 26: BM gold project JV
BM gold project JV Plusor owns 51% interest through carrying out 8,000m diamond drilling and is working to earn 80% interest. • Completed drilling of 4,000m diamond core to earn 30% interest For personal use only • Completed drilling of second 4,000m diamond core to earn accumulated 51% interest (AS
Slide 27: 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 28: 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 29: 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