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Transaction Announcement Reports
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Project: | Boundiali | |
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Deposit: | Nyangboue | |
Location: | Cote D'Ivoire | |
Commodities: | Gold | |
Date: | 5/17/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 17-5-2017: 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. 4.5m @ 6.6g/t Au from 75m. Predictive Discovery Limited (ASX: PDI) is | |
Resources: | x | |
CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
ABSTRACT: | Predictive Discovery Limited (ASX: PDI) is pleased to announce assay results from the first five diamond drill holes into the Nyangboue prospect, Boundiali Project, one of the Company’s joint ventured exploration permits with Toro Gold Limited in Cote D’Ivoire. Mr Paul Roberts, Predictive’s Managing Director said: “Our geological understanding of the Nyangboue mineralised system has been improved by this diamond drill program. Oriented diamond drill core has shown that the main gold mineralised zone coincides with a contact between coarser and finer grained sheared sedimentary rocks. Also, the mineralised zone appears to strike NNE and dip steeply east, approximately parallel to the shear orientation. Based on the drilling so far, there may be some supergene enrichment and broadening of the gold mineralised zones in weathered rock in the top 40-50m but good grades also persist to depth in the fresh rock below”. | |
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