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Predictive Discovery Ltd.
Summary
| Project: | Ferkessedougou | |
|---|---|---|
| Deposit: | Ferkessedougou | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 6/26/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-6-2018: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its Ferkessedougou deposit at the Ferkessedougou project. Drilling results incl. 25m @ 3.06g/t Au from 64m. Predictive Discovery Limited (ASX: PDI) is pleased to anno | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (ASX: PDI) is pleased to announce that all fire assay re-analyses have been received from drilling of the new Ferkessedougou North gold discovery, part of the Toro Joint Venture in Cote D’Ivoire Mr Paul Roberts, Predictive’s Managing Director said: “With these results, Ferkessedougou North is assuming increasing importance in our growing group of West African prospects with excellent drilling results (e.g. Bira and Bongou in Burkina Faso, and Nyangboue-Boundiali in Cote D’Ivoire). This first drill program on Ferkessedougou North has just scratched the surface of the permit’s gold mineralisation potential. We have only drill tested a very small proportion of the gold-in-soil geochemical anomaly, which is 17km long and several kilometres wide. Gold mineralisation is mostly associated with sheared granitic dykes; there are indications of many such dykes in the area but most of these have not even been even located accurately on the ground, let alone drilled. This is clearly a large scale target, potentially with numerous gold mineralised bodies. We look forward to more drilling after the rainy season ends.” Predictive is in joint venture with Toro Gold Limited, a UK-based company, on seven granted permits and two permit applications in Cote D’Ivoire (Figure 2). The Toro Joint Venture operates through Predictive Discovery Limited’s former subsidiary, Predictive Cote D’Ivoire SARL (Predictive CI) of which Predictive now holds 35%. Predictive is currently contributing 35% of ongoing Joint Venture expenditure. | |
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