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Predictive Discovery Ltd.

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Summary

Project:

Bobosso

Deposit:Bobosso
Location:Cote D'Ivoire
Commodities:Gold
Date:1/16/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-1-2018: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its Bobosso deposit at the Bobosso project. Drilling results incl. 28m @ 2.18g/t Au from 5m. Predictive Discovery Limited (ASX: PDI) is pleased to announce assay resu
Resources:x
CP/QP:[Overall Report]: Paul Roberts (Internal)
ABSTRACT:Predictive Discovery Limited (ASX: PDI) is pleased to announce assay results from RC drilling on the PDI-Progress Minerals Joint Venture on the Bobosso Project in Cote D’Ivoire. Mr Paul Roberts, Predictive’s Managing Director said: “These new results have built positively on the outcomes of the April-May diamond drilling program at Bobosso. By orienting both diamond and RC holes in a more optimal direction than the historical drilling, we are now much better able than previous explorers to track mineralisation along strike and down-dip. The hole-to-hole and line-to-line correlations of both alteration and gold grades obtained from this drilling should give us a good geological basis for the future estimation of mineral resources. This RC program has also demonstrated that a new flat mineralised zone has been discovered at shallow depths in the Wendene Hill prospect. Such mineralisation – if shown to be economic – would be mineable with low strip ratios. Given the very large extent of the overall gold mineralised system, we are optimistic that more such flat zones remain to be discovered in the area. As we advance evaluation of this very large mineralised system, our understanding of it is improving along with our ability to target drilling more efficiently. We are confident that there are more gold mineralised zones with good continuity to be found - both as extensions to the zones we have already drilled and in new, as yet untested, areas.”

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