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Predictive Discovery Ltd.
Summary
| Project: | Boundiali | |
|---|---|---|
| Deposit: | Nyangboue | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 9/5/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-9-2017: 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. 1m @ 22.2g/t Au from 51m. Predictive Discovery Limited (ASX: PDI) is pl | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (ASX: PDI) is pleased to provide details on progress made on the Boundiali Project in Cote D’Ivoire, part of the Company’s joint venture with Toro Gold Limited. Mr Paul Roberts, Predictive’s Managing Director said: “The Toro Gold joint venture continues to make progress in the Boundiali area. Once granted, the new Boundiali permit will more than double the strike length of prospective structure in the joint venture permits – along strike to the north of the Nyangboue gold discovery (best intercepts of 30m at 8.3g/t Au and 20m at 10.5g/t Au). We expect that geochemical exploration of the Boundiali permit will commence soon after the permit is granted. Results of the recent Nyangboue South and Gbemou RC drilling shows that gold mineralisation is widespread through the permit.” The Boundiali permit is located within a very well mineralised greenstone belt which includes the large operating Tongon and Syama gold mines in Cote D’Ivoire and Mali respectively (Figure 2). The southern part of this belt has had little exploration to date and represents a first-class opportunity to make new large gold discoveries. Predictive was granted the Boundiali permit in January 2014. The Company’s first exploration program on the permit was a BLEG stream sediment survey (ASX release dated 4/8/14) which obtained a series of strong stream sediment anomalies, the best of which, a 24ppb Au anomaly, lies downstream of the Nyangboue gold mineralised zone intersected in the 2016 RC drilling program. | |
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