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Predictive Discovery Ltd.
Summary
| Project: | Bira | |
|---|---|---|
| Deposit: | Bira | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 4/26/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-4-2018: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its Bira deposit at the Bira project. Drilling results incl. 33m @ 1.42g/t Au from 51m. Predictive Discovery Limited (ASX: PDI) is pleased to announce a second batch | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (ASX: PDI) is pleased to announce a second batch of assay results from the 5,129m RC drill program now completed on the Bira prospect, part of the Burkina Faso Joint Venture with Progress Minerals International (Inc.). The program was designed to validate earlier results reported by Anmercosa in the late 1990’s (ASX release dated 25/1/13) and to explore for extensions along strike. Mr Paul Roberts, Predictive’s Managing Director said: “With these new results, the Bira mineralisation is starting to shape up as an important addition to the PDI portfolio of high potential gold prospects. Coupled with the extension of known gold power auger anomalies for 5 km south of the drilled zone, the results suggest that the Bira trend may add substantially to the inventory of gold mineralisation on the Burkina Faso joint venture properties. The JV will consider the next drilling program once all the drill results have been received and assessed.” 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). | |
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