Board Change • 19h
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Troy Flannery is the most experienced director on the board, commencing their role in 2021. MD & Non-Independent Non-Executive Director Caigen Wang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • May 01
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Troy Flannery is the most experienced director on the board, commencing their role in 2021. MD & Non-Independent Non-Executive Director Caigen Wang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Mar 23
Aurum Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 29.64 million. Aurum Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 29.64 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 48,000,000
Price\Range: AUD 0.6
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,400,000
Price\Range: AUD 0.6
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jan 17
Aurum Resources Limited Announces Appointment of Richard Simpson as Non-Executive Chairman and Board Changes, Effective February 2, 2026 Aurum Resources Limited has appointed Mr. Richard Simpson as Non-Executive Chairman of the Company, commencing on February 2, 2026. Mr. Troy Flannery will transition from his current role as Chairman to continue as a Non-Executive Director of the Company, effective the same date. Mr. Simpson brings to the Board over 40 years of experience across mergers and acquisitions, capital markets, corporate advisory and executive management, gained through senior roles with Australian and international investment banks and a number of non-executive directorships for state government agencies and industry bodies. He is currently a Non-Executive Director of Euroz Hartleys Limited and a founding board member of the Western Australian Parks Foundation. Selected previous directorships include: Euroz Hartleys Limited – Executive Director (2020–2024), Hartleys Limited – Director, Managing Director and/or Executive Chairman (2003–2020), Botanic Gardens & Parks Authority – Chairman (2002–2022), State Emergency Management Committee – Member (2015–2018). Mr. Simpson commenced his career as a petroleum engineer, before joining the Natural Resources team at NM Rothschild & Sons in London, and later Salomon Brothers Inc. in Sydney and Melbourne. He returned to Perth in 1994 to join Hartleys’ corporate finance team, advising numerous mining, oil and gas, and infrastructure clients. He led the management buy-out of Hartleys Limited from ASX-listed HP JDV Limited in 2003 and the subsequent merger with ASX-listed Euroz Limited in 2020. Mr. Simpson holds a Bachelor of Applied Science (Honours) from Curtin University, a Master of Business Administration from the University of Western Australia and is a Member of the Australian Institute of Company Directors. Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. MD & Non-Independent Non-Executive Director Caigen Wang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Sep 13
Aurum Resources Limited, Annual General Meeting, Nov 14, 2025 Aurum Resources Limited, Annual General Meeting, Nov 14, 2025. Recent Insider Transactions • Aug 28
Executive Director recently bought AU$163k worth of stock On the 27th of August, Mark Strizek Browne bought around 300k shares on-market at roughly AU$0.54 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. MD & Non-Independent Non-Executive Director Caigen Wang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 15
Aurum Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 23.892043 million. Aurum Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 23.892043 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 67,112,479
Price\Range: AUD 0.356
Transaction Features: Subsequent Direct Listing Tillkännagivande • May 07
Aurum Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 23.892043 million. Aurum Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 23.892043 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 67,112,479
Price\Range: AUD 0.356
Transaction Features: Subsequent Direct Listing Tillkännagivande • Apr 08
Aurum Resources Limited (ASX:AUE) acquired Boundiali South exploration tenement (PR-414) from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI) Aurum Resources Limited (ASX:AUE) entered into binding term sheet to acquire Boundiali South exploration tenement (PR-414) from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI) for AUD 1.64 million on March 19, 2024. Within 15 business days of the satisfaction (or waiver) of the conditions precedent above, the Seller will, by written notice to the Purchaser, elect to receive one of the following forms of consideration (Election). (i) AUD 0.8 million in cash (Cash Consideration) or (ii) If the 20-day volume weighted average trading price of Shares (VWAP) is Less than or equal to AUD 0.20 at the time of the Election, 5 million fully paid ordinary shares in the Purchaser (Shares) (Consideration Shares 1) or Greater than AUD 0.20 at the time of the Election, Shares to a value of AUD1.2 million, as determined by dividing AUD1.2 million by the 20-day VWAP for the Shares (Consideration Shares 2). Purchase of the tenement is subject to Aurum obtaining a renewal of the BST tenement (or the granOng of a replacement) and being satisfied that the terms of the renewal (or replacement permit) do not restrict exploration or potential future mining rights, along with required Government approvals.
Aurum Resources Limited (ASX:AUE) completed acquisition of Boundiali South exploration tenement (PR-414) from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI) on April 8, 2025. Board Change • Feb 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. MD & Non-Independent Non-Executive Director Caigen Wang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. MD & Non-Independent Non-Executive Director Caigen Wang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 06
Aurum Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million. Aurum Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,571,429
Price\Range: AUD 0.35
Discount Per Security: AUD 0.021
Transaction Features: Subsequent Direct Listing Tillkännagivande • Nov 28
Aurum Resources Limited Appoints Steve Zaninovich as Non-Executive Director, Effective 1 December 2024 Aurum Resources Limited announced the appointment of Steve Zaninovich as a Non-Executive Director, effective 1 December 2024. Steve is a highly qualified engineer with more than 25 years' experience in mining project development, business development, maintenance and operational readiness in the mining sector, predominantly in gold, base metals and lithium industries. He is currently Director of Operations for Kodal Minerals plc, responsible for the delivery of the Bougouni Lithium Project. Prior to that, Steve was Project Director of Tawana Resources, responsible for the delivery of the Bald Hill Lithium Project, and Project Director for Lycopodium Minerals at the Akyem Gold Project in Ghana. Steve served as Chief Operating Officer with Gryphon Minerals ('Gryphon') before assuming the role of Vice President of Major Projects, and becoming part of the Executive Management Team, at Teranga Gold Corporation ('Teranga') following its acquisition of Gryphon. Steve has gained specific expertise in the development of multiple mining operations across various commodities and jurisdictons in West Africa, including Ghana, Burkina Faso, Cote d'Ivoire, Senegal and Mali. He has also undertaken consultant project management roles for companies including BHP Billiton, Newmont Mining, Atlantic Lithium, and Gold Fields Ghana. Steve's responsibilities during previous senior executive roles have included operational management of mining companies, business development and strategic planning, feasibility studies and project development, site exploration operations. Steve is currently a Non-Executive Director of Mako Gold Ltd, Bellavista Resources and Sarama Resources and previously held Non-Executive Director roles with Maximus Resources, Canyon Resources, Centaurus Metals, Indiana Resources and Gryphon Minerals. The Board considers Mr. Zaninovich's appointment to bring significant industry experience applicable to resource development, strategic planning, feasibility studies, and project development that are relevant for Aurum's Boundiali Gold Project in Cote d'Ivoire. Tillkännagivande • Oct 18
Aurum Resources Limited (ASX:AUE) entered into a Bid Implementation Agreement to acquire Mako Gold Limited (ASX:MKG) from Dundee Corporation (TSX:DC.A), SPARTA Invest AG, DELPHI Unternehmensberatung Aktiengesellschaft and Geodrill Limited (TSX:GEO), David Harper and others for AUD 18.5 million. Aurum Resources Limited (ASX:AUE) entered into a Bid Implementation Agreement to acquire Mako Gold Limited (ASX:MKG) from Dundee Corporation (TSX:DC.A), SPARTA Invest AG, DELPHI Unternehmensberatung Aktiengesellschaft and Geodrill Limited (TSX:GEO), David Harper and others for AUD 18.5 million on October 16, 2024. Mako shareholders will receive 1 Aurum share for every 25.1 Mako shares Aurum will offer to existing holders of the Class A Options, consideration of 1 AUE share for every 170 Class A Options held and Class B Options, consideration of 1 AUE share for every 248 Class B Options held. The transaction is subject to approval of merger agreement by target board. The expected completion of the transaction is November 25, 2024.
Euroz Hartleys Limited acted as legal advisor to Mako Gold. HopgoodGanim and Allion Legal acted as legal advisor to Aurum Resources. New Risk • Sep 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 103% over the past year. Shareholders have been substantially diluted in the past year (407% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (AU$73.0m market cap, or US$50.6m). Tillkännagivande • Sep 28
NickelX Limited (ASX:NKL) completed the acquisition of Penny South Gold projects from Aurum Resources Limited (ASX:AUE) for AUD 1.12 million. NickelX Limited (ASX:NKL) agreed to acquire Penny South Gold projects from Aurum Resources Limited (ASX:AUE) for AUD 1.12 million on August 30, 2024. A cash consideration of AUD 0.06 million will be paid by NickelX Limited. The consideration consists of 3 million common equity of NickelX Limited at a deemed price of AUD 0.00000002 million per share, to be issued for assets of Penny South Gold projects. NickelX Limited will pay an earnout/contingent payment of AUD 1 million cash. As part of consideration, AUD 0.06 million is paid towards assets of Penny South Gold projects. NickelX Limited (ASX:NKL) will also assume an existing 1% royalty on the Penny South Project tenement. As of September 26, 2024, the Company issued 3,000,000 Shares in respect of the Penny South Gold Project.
The transaction is subject to approval of offer by acquirer shareholders and third party approval needed. On September 12, 2024, the issue of the consideration shares was approved by shareholders of NickelX Limited (ASX:NKL). .
NickelX Limited (ASX:NKL) completed the acquisition of Penny South Gold projects from Aurum Resources Limited (ASX:AUE) on September 27, 2024. Tillkännagivande • Sep 24
Aurum Resources Limited, Annual General Meeting, Nov 06, 2024 Aurum Resources Limited, Annual General Meeting, Nov 06, 2024. Tillkännagivande • Aug 30
NickelX Limited (ASX:NKL) agreed to acquire Penny South Gold projects from Aurum Resources Limited (ASX:AUE) for AUD 1.12 million. NickelX Limited (ASX:NKL) agreed to acquire Penny South Gold projects from Aurum Resources Limited (ASX:AUE) for AUD 1.12 million on August 30, 2024. A cash consideration of AUD 0.06 million will be paid by NickelX Limited. The consideration consists of 3 million common equity of NickelX Limited to be issued for assets of Penny South Gold projects. NickelX Limited will pay an earnout/contingent payment of AUD 1 million cash. As part of consideration, AUD 0.06 million is paid towards assets of Penny South Gold projects.
The transaction is subject to approval of offer by acquirer shareholders and third party approval needed. New Risk • Jun 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 103% over the past year. Shareholders have been substantially diluted in the past year (205% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$30.2m market cap, or US$20.0m). Tillkännagivande • Apr 16
Aurum Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million. Aurum Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,471,968
Price\Range: AUD 0.24
Discount Per Security: AUD 0.0144
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,694,699
Price\Range: AUD 0.24
Discount Per Security: AUD 0.0144
Transaction Features: Subsequent Direct Listing Tillkännagivande • Feb 07
Aurum Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million. Aurum Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,471,968
Price\Range: AUD 0.24
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,694,699
Price\Range: AUD 0.24
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jan 29
Aurum Resources Limited Announces Appointment of Caigen Wang as Managing Director Aurum Resources Limited announced that effective immediately, Dr. Caigen Wang will be appointed as Managing Director. Dr. Wang has a successful track record in generating returns for shareholders and "discovery-to- mine" execution as evidenced by the founding of Tietto Minerals Limited in 2010 following a long career as a mining engineer, mining academic and mine manager in Australia, Canada and China. Earlier in his career, Dr. Wang spent 7 years as a lecturer and associate professor at the China University of Mining and Technology and 6 years as research fellow/associate at the Western Australian School of Mines and University of Alberta, Canada. Board Change • Jan 25
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Chairman Troy Flannery is the most experienced director on the board, commencing their role in 2021. Non-Independent Non-Executive Director Caigen Wang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Jan 16
Aurum Resources Limited Announces Board Changes, Effective 1 February 2024 Aurum Resources Limited announced that effective from 1 February 2024, Mr. Mark Strizek will be appointed as a non-executive director to the board of the company. Mr. Strizek joins the board with more than 27 years' experience in the resource industry having worked as a geologist on multiple gold, base and technology metal projects. Mr. Strizek has worked as an executive with management and board responsibilities in exploration, feasibility, finance and development-ready assets across Australia, West Africa, Asia and Europe. Most recently Mr. Strizek worked with Dr. Wang on Tietto Minerals USD 200 million Abujar Gold Project in Côte d'Ivoire, which went from IPO in January 2018 through to first gold production in January 2023. The company also announced that Mr. Mauro Piccini and Mrs. Debra Fullerton have resigned from the board, effective from 1 February 2024. Tillkännagivande • Dec 15
Aurum Resources Limited Elects Dr. Caigen Wang to Its Board Aurum Resources Limited announced that at the General Meeting held on December 15, 2023, elected Dr. Caigen Wang to its board. Tillkännagivande • Nov 15
Aurum Resources Limited (ASX:AUE) agreed to acquire Plusor Global Pty Ltd for AUD 3.8 million Aurum Resources Limited (ASX:AUE) agreed to acquire Plusor Global Pty Ltd for AUD 3.8 million on November 13, 2023. Caigen Wang will be appointed as a non-executive director of the Company in connection with the Acquisition. Tillkännagivande • Nov 14
Aurum Resources Limited (ASX:AUE) entered into binding heads of agreement to acquire Plusor Global Pty Ltd for AUD 3.8 million. Aurum Resources Limited (ASX:AUE) entered into binding heads of agreement to acquire Plusor Global Pty Ltd for AUD 3.8 million on November 13, 2023. The transaction is expected to close on December 19, 2023 and is subject to completion of financial, legal and technical due diligence on PlusOr, receiving shareholder approval and obtaining all necessary regulatory, shareholder and third-party approvals. Board Change • Oct 27
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Troy Flannery is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. New Risk • Oct 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.92m market cap, or US$3.13m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Board Change • Oct 05
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Troy Flannery is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Tillkännagivande • Oct 05
Aurum Resources Limited, Annual General Meeting, Nov 03, 2023 Aurum Resources Limited, Annual General Meeting, Nov 03, 2023, at 09:00 W. Australia Standard Time. Location: Suite 11, Level 2, 23 Railway Rd Subiaco Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider the adoption of remuneration report; to consider the election of directors; to consider the ratification of prior issue of shares; to consider the issue of shares to related party; to consider the ratification of prior issue of broker options; and to consider the 7.1A mandate. New Risk • Sep 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m (AU$8.5k revenue, or US$5.4k). Market cap is less than US$10m (AU$3.15m market cap, or US$2.03m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Board Change • Sep 13
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Troy Flannery is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Jul 20
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Troy Flannery is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Jul 04
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Troy Flannery is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Jun 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Debbie Fullarton was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 17
Aurum Resources Limited Announces Changes to its Board Aurum Resources Limited announced the appointment Ms. Debra Fullarton as a Non-Executive Director. Debra is an experienced Chartered Accountant and mining professional, with over 30 years' experience in the resources industry ranging from junior explorers to global majors. Senior roles include CEO of Westgold Resources Limited, CFO of Westgold Resources Limited, Executive Director of Auris Minerals Limited and Director of De Beers Australia Exploration Limited. Debra completed her professional training with Deloitte, holds an Honours Bachelor of Accounting Science from the University of South Africa, and is a member of the Institute of Chartered Accountants in Australia, the Governance Institute of Australia, and the Australian Institute of Company Directors. Ms. Fullarton's experience covers strategy, leadership, governance, and compliance. As part of bolstering the corporate governance and compliance capability at board level, the Company announced that Mr. Joshua Letcher has resigned from his role as Director and Chairman of the Company, effective 17 February 2022. Mr. Troy Flannery has been appointed as the new Chairman for Aurum Resources. Tillkännagivande • Feb 08
Aurum Resources Announces Exploration At its Flagship Project Ryan's Find Is Planned with A Heritage Clearance Programme to Be Conducted by Terrarossa Aurum Resources announced that exploration at its flagship project Ryan's Find is planned with a heritage clearance programme to be conducted by Terrarossa, the Marlinyu Ghoorlie Native Title Claimant Group service provider. Terrarossa are currently in the process of coordinating the drill clearance programme for Aurum over the Watt Hills Greenstone Belt. This programme will aid in identifying any sites of significance and if cleared will allow the planned drilling programme to commence. The Ryan's Find Programme of Works (POW) has been approved by the Department of Mines, Industry Regulation and Safety and allows for track upgrades, access tracks and drill pads, that are required before drilling commences. Following the Heritage Clearance, a site visit will be made to inspect the outcrop areas, position the drill collars and organise access tracks for the forthcoming aircore drilling programme across the colluvium covered areas. An aircore rig is tentatively booked for Aurum with Harmec Drilling, with drilling expected to commence in late March 2023, assuming the heritage clearance program is completed. The long-awaited programme will be the start of gold exploration programme along the Watt Hills Greenstone Belt, which is also host to the historical Aurumin Mt Dimer gold mine. Aurum's Flagship project, Ryan's Find Project is located 100km northwest of Southern Cross, where historical exploration focused on the nickel cobalt potential of ultramafic rocks within the Watt Hills Greenstone Belt. A first pass soil geochemical survey completed by Aldoro Resources, aimed at verifying nickel-cobalt anomalism in historical geochemical surveys in the sole granted licence E16/489, found anomalous gold trends in the data. The granted licence and three licence applications contain more than 50 km of strike length of relatively underexplored greenstone belt, bookended by historic gold mines and workings. The Aurum licences form an Arc around a granitic pluton riming the contact between the granites and greenstones (Watt Hill Greenstone Belt, an extension of the Youanmi Greenstone Belt). The contacts and associated shears are typical settings for orogenic gold. Mt Dimer (Tipan Pit) was mined in the mid 1990's producing 77,000@3.44g/t for ~8,500oz. Everest Metals hold the mining lease M77/515, but Aurum's exploration licence application surrounds the lease and runs to the SE along the structural trend of the old mine. Everest have released a JORC Inferred Mineral Resource Estimate of 722,000t at 2.10g/t Au for 48,545oz of Au and 3.84g/t Ag for 89,011oz Ag. It was reported that The resource remains open to the south and down dip with strong potential to extend the mineralisation along strike to the south". This historic mine is almost surrounded by Aurum's tenement application E77/2535, with potential for strike extension of this mineralised structure into Aurum's ground. On the western side of the dome, another of Aurum's applications lies immediately south of Aurumin Limited's historic deposits of Frodo (open pit and underground), Golden Slipper, Lightning and others which they are currently reassessing and have reported anomalous gold intersections. In late March 2023, following completion of the heritage clearance, Aurum expects to complete an aircore drilling program as part of the POW on granted licence E16/489 at Ryan's Find. JORC 2012 Inferred Mineral Resource Estimate Aldoro Resources had previously completed profile soil sampling for base metals and gold over the north-north-westerly striking greenstones, where the gold sampling results were not followed up. Several above background low level gold assays were returned in the data and probably reflect specific basement others which they are currently reassessing and have reported anomalous gold intersections. Profile aircore drilling is planned over these anomalous sections with approximately 74 holes for 3000m - 4000m planned. Harmec Drilling have been tentatively booked to conduct the drilling, which will focus on the contiguous magnetic unit associated with elevated gold in soils. The local geological strike is apparent in the airborne magnetics and local gossans trends north-north-westerly. The planned drilling is perpendicular to the magnetic strike and with the planned holes having azimuths of 045 and dips -60 degrees. Board Change • Jan 03
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman Josh Letcher was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 12
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman Josh Letcher was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman Josh Letcher was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman Josh Letcher was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
