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Transaction Announcement Reports
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Project: | Boundiali | |
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Deposit: | Boundiali | |
Location: | Cote D'Ivoire | |
Commodities: | Gold | |
Date: | 7/15/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 15-7-2019: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its Boundiali deposit at the Boundiali project. Drilling results incl. 59m @ 1.44g/t Au from 53m. A 91-hole reconnaissance Reverse Circulation (RC) drilling program, | |
Resources: | x | |
CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
ABSTRACT: | A 91-hole reconnaissance Reverse Circulation (RC) drilling program, totalling 6,229m, was carried out in AprilMay 2019 on the Boundiali North permit as part of the 2019 Toro Joint Venture exploration program, focused on the Boundiali and Ferkessedougou North Projects. Initial assay results are reported from 56 of the 91 RC holes (totalling 3,813m) on the Boundiali North permit along with a further 16 RC holes, totalling 1,612m, from infill drilling on the Boundiali South permit. Assays from 22 trenches (totalling 6,809m) at Boundiali North are also reported. New zones of primary gold mineralisation have been discovered at Boundiali North, adding significantly to the overall potential of the Boundiali Project. “The drilling and trenching programs at Boundiali have further enhanced the potential of both permits to host large tonnages of gold mineralisation with significant new gold mineralised zones outlined by these results. Also, large areas of gold-in-soil anomalies remain untested on the Boundiali Project offering substantial opportunity to discover more mineralisation on both permits. Following the wet season break, the Toro Joint Venture will continue to aggressively explore the 14km-long zone of gold-in-soil anomalies in Boundiali North, as well as the 6km-long Nyangboue gold geochemical anomaly, with further drilling and trenching programs expected. The joint venture is now focused on advancing the Boundiali and Ferkessedougou North projects, with highly encouraging drill results obtained on both projects. These discoveries provide further evidence that Cote D’Ivoire and the wider Birimian greenstone belt of West Africa are the best places globally to make greenfield gold discoveries.” – Commented Predictive Discovery Managing Director Paul Roberts | |
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