Episode Details

Aurum Resources just unveiled a game-changing pre-feasibility study for its Boundiali gold project in Côte d’Ivoire, revealing a probable ore reserve of 1.21 million ounces and a projected 11-year mine life yielding 1.5 million ounces. With a post-tax NPV of $1.5 billion and an eye-popping 119% IRR—based on current gold prices—the project is both technically robust and financially explosive. Located in a gold-rich region with top-tier infrastructure, it remains viable even at conservative gold prices, with an NPV over $550 million. The $342 million development cost is expected to pay back in under a year. Aurum is now racing toward a definitive feasibility study, targeting first gold production by mid-2028, fueled by rapid drilling growth and massive resource expansion.

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