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Predictive Discovery Ltd.
Summary
| Project: | Boundiali | |
|---|---|---|
| Deposit: | Nyangboue | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 9/12/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-9-2016: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its Nyangboue deposit at the Boundiali project. JV with Toro Gold Ltd. - drilling results incl. 2m @ 7.7g/t Au from 42m. Predictive Discovery Limited (ASX: PDI) repor | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (ASX: PDI) reports ongoing encouraging gold assay results from RC drilling completed by Toro Gold Limited (Toro) on the Nyangboue Prospect on Predictive’s Boundiali Project in Cote D’Ivoire. Mr Paul Roberts, Predictive’s Managing Director said: “With each new set of drill assays, the strike length of the Nyanboue gold mineralisation has grown. It is now clear that this is a significant new gold discovery. While gold values are variable in the holes drilled so far, this is to be expected in any shear-hosted gold deposit of this type, especially one which has been drilled on such a wide drill line spacing. The Nyangboue prospect has a number of positive characteristics including (1) gold intercepts from surface, (2) individual high grades in most intercepts, suggesting that a plus 2g/t Au bulk grade is a strong possibility, (3) abundant visible gold in higher grade intervals suggesting simple metallurgy and (4) initial indications of good continuity in the controlling structure(s). There are also several other good prospects on the permit which are, as yet, untested by drilling.” The RC drilling program on the Boundiali permit consisted of a total of 92 RC holes and 5,496m drilled. The program was designed to test a 2km long zone of strong and coherent gold-in-soil anomalies (Figure 1). These lie at the southern end of the Nyangboue Prospect, a 6km long gold-insoil anomaly (Figure 2) first reported to the ASX on 20/10/15. | |
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