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Predictive Discovery Ltd.
Summary
| Project: | Boundiali | |
|---|---|---|
| Deposit: | Nyangboue | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 10/13/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-10-2016: 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. 4m @ 5.4g/t Au from 4m. Predictive Discovery Limited (ASX: PDI) repor | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (ASX: PDI) reports the last of the gold assay results from the RC drilling program completed by Toro Gold Limited (Toro) on the Nyangboue Prospect in Predictive’s Boundiali Project in Cote D’Ivoire. Mr Paul Roberts, Predictive’s Managing Director, said: “With the receipt of all the reconnaissance RC results, we now know that a significant new gold discovery has been made. Our next task is to understand the geological structure of the Nyangboue Prospect so that we can infill drill the mineralisation efficiently. We will use ground geophysical methods to map structures followed by a program of diamond drilling to map the orientation of individual gold mineralised zones. Armed with this new knowledge, we hope to be in a position to design an infill RC drilling program that will lead us efficiently towards resource estimation. The Nyangboue Prospect has a number of positive characteristics including (1) gold intercepts from surface, (2) individual high grades in many 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 very good prospects on the permit which are, as yet, untested by drilling.” | |
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