For thousands of other reports visit RSC's Mineral Intellingence Map
Predictive Discovery Ltd.
Summary
| Project: | Bira | |
|---|---|---|
| Deposit: | Bira | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 5/15/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-5-2018: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its Bira deposit at the Bira project. Drilling results incl. 9m @ 1.23g/t Au from 8m. Predictive Discovery Limited (ASX: PDI) is pleased to announce the results of bo | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (ASX: PDI) is pleased to announce the results of bottle roll testwork on RC drill chip composites, new power auger assays and the last results from the recent 5,129m RC drill program - all from the Bira prospect, part of the Burkina Faso Joint Venture with Progress Minerals International (Inc.). Highlights include Mr Paul Roberts, Predictive’s Managing Director, said: “These new results have added significantly to the very positive news from Bira. The initial bottle roll tests suggest that good gold recoveries could be obtained from a future, conventional cyanide leaching circuit. The RC drilling has shown that the gold mineralisation is at least 800m long, open to the south and at depth. Directly south of the drilling, we now know there is a 10km long zone of power auger geochemical anomalies in which there is ample room to make a large gold discovery, which would add to the calculated resources and other gold mineralised zones known at and around the Bongou gold deposit. Elsewhere in Predictive’s large portfolio, work is advancing rapidly on multiple fronts, both in Cote D’Ivoire and Mali. We expect to have drilling results from Ferkessedougou North in Cote D’Ivoire to report in the next few weeks”. Predictive’s current tenement holdings in Burkina Faso are located in the east of the country, and cover approximately 90km of strike length of the Samira Hill greenstone belt in eastern Burkina Faso (Figure 1). This belt hosts the 2.5 million ounce Samira Hill gold deposit across the border in Niger and contains numerous active artisanal gold mine sites along its length. PDI currently owns 100%, or has the rights to earn 95% to 100% of all its permits in Burkina Faso. Predictive has discovered gold mineralisation on multiple prospects in Eastern Burkina Faso area (yellow dots on Figure 1) | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report