Noteworthy gold intercepts at BD Target 1
Aurum Resources (ASX: AUE) has disclosed encouraging findings from its latest diamond drilling at BD Target 1, which is part of the Boundiali project in Côte d’Ivoire. The exploration revealed extensive, shallow gold deposits, with a prominent intercept being a 40-meter segment grading 1.03 grams per tonne (g/t) gold from a depth of 136 meters. Additionally, a superior-grade 5-meter segment was recognized, yielding 1.70 g/t gold.
These results underscore the potential for substantial gold mineralisation at BD Target 1, enhancing the project’s appeal. Investors are likely to keep a close watch on subsequent developments as Aurum Resources continues to investigate and delineate the breadth of these deposits.
Overview of the diamond drilling initiative
The diamond drilling initiative at BD Target 1 comprised 14 drill holes, totaling 4,485 meters. The main goal was to assess the continuity and grade of the gold mineralisation discovered in earlier exploration phases. The drilling concentrated on shallow zones, aiming to intersect expansive mineralised sections that could support forthcoming resource estimations.
Drill holes were strategically positioned to intersect pivotal geological structures, with most holes yielding positive outcomes. The initiative effectively validated the presence of gold mineralisation over considerable widths, with several holes encountering mineralisation at fairly shallow depths, boosting the project’s economic viability.
One of the standout features from the initiative was the 40-meter intercept grading 1.03 g/t gold from a depth of 136 meters, which included a superior-grade 5-meter segment at 1.70 g/t gold. This outcome, alongside other broad intercepts, indicates that BD Target 1 may contain a significant gold system, with possibilities for both open-pit and underground mining operations.
Further examination of the drill core is in progress, with additional assays anticipated to shed more light on the continuity and grade of the mineralisation. Aurum Resources intends to leverage these findings to direct future drilling campaigns, with the goal of broadening the known mineralised zones and establishing an initial resource estimate for BD Target 1.
