Aurum Resources (AUE) H2 2025 earnings summary

Executive summary

• Achieved rapid resource growth, increasing total gold resources from zero to ~3.3Moz through exploration at Boundiali (2.41Moz) and acquisition of Mako Gold (0.87Moz Napié Project).

• Completed a transformative year with significant expansion in Côte d'Ivoire, now holding 2,757km² of exploration land.

• Raised A$72.6 million, ending the year with approximately A$40 million in cash and Montage shares, ensuring funding for upcoming programs.

• Boundiali Pre-Feasibility Study (PFS) underway, with completion expected in Q1 2026; environmental and social impact assessments in progress.

Financial highlights

• Net loss after tax for FY25 was $7,983,051, compared to $2,138,026 in FY24.

• Other income increased to $600,376 from $21,595 year-over-year.

• Cash and cash equivalents at 30 June 2025 were $8,572,858, down from $10,815,351 at 30 June 2024.

• Net assets rose to $57,662,781 from $21,228,931 year-over-year.

• No dividend declared for the year.

Outlook and guidance

• Focus remains on advancing Boundiali towards development, with PFS due Q1 2026 and a DFS by H2 2026.

• Updated Mineral Resource Estimate for Napié expected in Q1 2026.

• Continued expansion of self-owned drill rig fleet to 12 rigs by October 2025.

• Well-funded for ongoing exploration, feasibility studies, and permitting activities.