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Predictive Discovery Ltd.

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Summary

Project:

Kokoumbo

Deposit:Kokoumbo
Location:Cote D'Ivoire
Commodities:Gold
Date:6/14/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:14-6-2016: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its Kokoumbo deposit at the Kokoumbo project. JV with Toro Gold Ltd. - drilling results incl. 1.5m @ 14.9g/t Au from 87m. Predictive Discovery Limited (ASX: PDI) is p
Resources:x
CP/QP:[Overall Report]: Paul Roberts (Internal)
ABSTRACT:Predictive Discovery Limited (ASX: PDI) is pleased to report additional encouraging gold assay results from diamond drilling completed by Toro Gold Limited (Toro) on Predictive’s Kokoumbo Project in Cote D’Ivoire. Mr Paul Roberts, Predictive’s Managing Director said: “We are still at an early stage in developing a good geological understanding of the Kokoumbo permit, with only 15 holes drilled so far on three prospects. But we do know that gold mineralisation is widespread in the permit and that some high gold grades are present in near-surface material. On Kokoumbo Hill, some of the gold mineralisation is associated with a microdiorite intrusive body that may be an important control on gold distribution. Some near-surface supergene enrichment of gold grades may also be present there. Toro continues to make excellent progress on the joint venture tenements, with an RC drilling program on the large gold-in-soil anomaly on the Boundiali permit in northern Cote D’Ivoire now nearing completion. We expect to be able to start releasing gold assay results from that drill program soon.”

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