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Since 2023 Aurum Discovery has undergone significant change, evolving from a self-funded prospect generation subsidiary of a services group to a new, Europe-Africa focused royalties company. This change has been accompanied by a strengthening of the shareholder register, which now includes Roland Butler, John Tognetti and Altius Minerals.
The Aurum Discovery business model still leans heavily on the twin pillars of our heritage; organic prospect generation, where our team has a proven track record of creating value, and capital efficiency – as a small, dynamic privately-funded group, we have very low overheads and the majority of our funding goes directly towards our next discovery.
Alongside our core generative activities, the company is actively identifying and securing royalties over exploration and development projects in Europe and Africa, where our longstanding networks make us highly competitive.
The recent signing of a Strategic Alliance Agreement with major mining house South32 is a strong endorsement of our generative programs. This agreement allocates funding not only for our flagship sedimentary copper-silver project in Alta but also for generative work in Norway, Czechia and Ireland.
Thus, Aurum Discovery finds itself at the start of a new era. With strong backing from patient capital and a competitive, scalable business model, we are well positioned to grow a significant royalties portfolio over the coming years and deliver excellent returns to shareholders.