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Predictive Discovery Ltd.
Summary
| Project: | Kokoumbo | |
|---|---|---|
| Deposit: | Kokoumbo | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 12/24/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-12-2018: 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. 4.5m @ 4.22g/t Au from 57m. Predictive Discovery Limited (“Predictive” | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (“Predictive” or “Company”) is pleased to announce results from the recently completed 2,000m diamond drilling (DD) program at its Kokoumbo Project, located in Cote D’Ivoire. The DD program, managed by Joint Venture Partner Toro Gold Limited, was testing IP geophysical targets and recently excavated artisanal gold workings. The Kokoumbo permit is located 45 km north of Newcrest’s Bonikro gold mine and Endeavour’s Agbaou gold mine within the Oume-Fetekro greenstone belt and is one of several highly-prospective project areas in the Toro JV portfolio. “Kokoumbo and the neighbouring Beriaboukro permit cover a large area with numerous gold workings and complex geology. The drilling was following up a recently completed IP survey which indicated a strong east-southeast trending zone of chargeability anomalies partly coincident with highly anomalous soil geochemical values. These new results are encouraging with further work needed to update our geological understanding and focus in on the best gold mineralised zones in this area. The Joint Venture has refocused its attention on the Boundiali and Ferkessedougou North permits in northern Cote D’Ivoire. Exploration of both permits has made promising starts with excellent initial drilling results and very large discovery potential beneath broad gold geochemical anomalies in both areas. The Joint Venture is finalising its exploration program for both permits, to be announced in the coming weeks.” – Commented Paul Roberts, Managing Director Predictive Discovery. | |
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