Aurum Resources (AUE) Q1 2027 TU earnings summary

Executive summary

• Boundiali Mineral Resource Estimate rose 19% to 3.84Moz from 3.22Moz in May 2026; Indicated resources increased 37% to 2.33Moz. Combined Boundiali and Napié resources reached 5.0Moz.

• Boundiali drilling delivered high-grade intercepts across BM and BST, including the project-best 28.80m at 22.92g/t Au at BST1; mineralisation remains open along strike and at depth.

Financial highlights

• Cash and cash equivalents were A$95.230m at 30 September 2026, versus A$54.622m at the prior quarter end; cash position was reported with no debt.

• Operating cash outflow was A$0.922m; investing cash outflow was A$11.257m, including A$10.992m for exploration and evaluation.

• Financing cash inflow was A$52.037m, comprising A$52.500m equity proceeds and A$1.038m from option exercises, offset by A$1.501m equity issue costs.

Outlook and guidance

• CY2026 drilling plan totals 180,000m: 150,000m at Boundiali and 30,000m at Napié, with 16 company-owned diamond rigs operating; Napié drilling was planned to start in Q4 CY2026.

• Boundiali DFS was expected in late CY2026, incorporating results from the 2026 drilling program.

• Napié’s 30,000m program is intended to grow its 1.16Moz resource; an exploration camp was being built near the deposits to improve access and reduce operating costs.

• Scout drilling was planned across the 75km north-south Boundiali corridor, alongside exploration through the Encore JV and Major Star Plus partnership projects.