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2026-11-06
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Aurum Resources Limited

DFS Unfunded Developer · Gold · Côte d’Ivoire Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.455
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$189.2M
EV
—
Cash
A$54.6M
Debt
A$0
8 newer ASX announcements not yet reflected in this valuation

Portfolio detail

Assets

3 assets

Core asset

Boundiali Gold Project

Côte d’Ivoire

DFS Unfunded Developer85% ownedGold

PFS complete; DFS and exploitation licences pending; JV and state interests make effective ownership conditional.

Project location

Approximate location

Loading location…

© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Published study economicsIssuer or study metrics
NPVUS$553M5% discount
IRR44.1%Published return
Initial capexUS$342MPublished capital estimate
NPVUS$1B5% discount
Initial capexUS$342MPublished capital estimate
NPVUS$1.5B5% discount
IRR119.4%Published return
Initial capexUS$342MPublished capital estimate

Post-tax, 100% project, FID NPV5 at US$2,900/oz gold; includes initial capital.

Post-tax, 100% project, FID NPV5 at US$3,500/oz gold; includes initial capital.

Post-tax, 100% project, FID NPV5 at US$4,076/oz gold; includes initial capital.

Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceIndicated and Inferred107.5 Mt1.0 g/t AuGold2026-05-01
Ore ReserveProbable42.1 Mt0.9 g/t AuGold2026-04-30
Tenements3
pr0808Renewal Pending— None · 2025-01-16
pr0893Renewal Pending— None · 2026-01-18
pr0781Granted— None · No expiry supplied
Milestones3
  1. BST1 and Boundiali resource update

    Pending · High materiality

  2. Definitive feasibility study

    Pending · High materiality

  3. First gold target

    Pending · High materiality

Permits & approvals2
PermitJurisdictionStatusExpiryCritical path
Environmental certificatesCôte d’IvoireGranted—Yes
Exploitation licencesCôte d’IvoirePending—Yes
Economic studies1
StudyStageStatusDateSummary
Boundiali Gold Project PFSPFSCurrent2026-06-1111-year plan, 1.524 Moz produced, 6 Mtpa plant; 23% of planned contained gold is Inferred.

Material

Napié Gold Project

Côte d’Ivoire

Resource Stage90% ownedGold

Acquired with Mako; no development study or reserve disclosed.

Project location

Approximate location

Loading location…

© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Resources & reserves1
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceIndicated and Inferred30 Mt1.2 g/t AuGold2026-06-11
Milestones1
  1. Napié drilling campaign

    Pending · Medium materiality

Other

Regional Ivorian joint ventures

Côte d’Ivoire

Early ExplorerGold

Permit applications and staged earn-ins; no compliant resource or study.