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Transaction Announcement Reports
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Project: | Ferkessedougou | |
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Deposit: | Ferkessedougou North | |
Location: | Cote D'Ivoire | |
Commodities: | Gold | |
Date: | 6/4/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 4-6-2019: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its Ferkessedougou North deposit at the Ferkessedougou project. Drilling results incl. 45.3m @ 3.16g/t Au from 45.9m. Commented Predictive Discovery Managing Director, | |
Resources: | x | |
CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
ABSTRACT: | Commented Predictive Discovery Managing Director, Paul Roberts: “These results are a significant improvement on the initial reconnaissance RC results1 at Ouarigue South and suggest that overall gold grades are higher at depth i.e. below the near-surface weathered zone. Deeper drilling along strike to the south may therefore produce higher grades than the initial, shallow RC holes. Also, most of the mineralised body contains reportable gold grades, which bodes well both for ore continuity and tonnage potential. The Predictive/Toro joint venture’s decision to narrow its focus to the Boundiali and Ferkessedougou North Projects is paying impressive dividends with drilling and trenching programs across both projects producing a stream of encouraging results (e.g. Nyangboue drilling announcement - 27/5/192 ). In both cases, we have made significant initial gold discoveries in permits with excellent potential to find more gold mineralisation at multiple locations nearby. We expect to see additional significant news flow from the Toro JV in the coming months, along with results from our active Guinea exploration programs (100% PDI).” | |
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