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Predictive Discovery Ltd.
Summary
| Project: | Boundiali | |
|---|---|---|
| Deposit: | Nyangboue | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 8/8/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-8-2016: 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. 20m @ 10.5g/t Au from 38m. Predictive Discovery Limited (ASX: PDI) is p | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (ASX: PDI) is pleased to report ongoing encouraging gold assay results from RC drilling completed by Toro Gold Limited (Toro) on Predictive’s Boundiali Project in Cote D’Ivoire. Mr Paul Roberts, Predictive’s Managing Director said: “As we receive more assay results from the Nyangboue prospect, a picture is slowly emerging of a large and complex gold mineralised system. With these new results, we now know that gold mineralisation extends for at least 640m along strike and is open to the north, south and at depth. But there is still a lot more news to come - from five more drill lines covering 1.3km of strike, for which we are yet to receive any results. It is important to recognise that a 320m drill line spacing in a gold deposit of this type is very wide. Potential exists to define large amounts of gold mineralisation by infill drilling between the three drill lines for which we already have results. Drill results continue to arrive more slowly than we had expected owing to some delays at the analytical laboratory. We expect that assays will continue to be returned through August and possibly into early September. We will release these results to the ASX as soon as they come to hand.” The RC drilling program on the Boundiali permit is now complete with 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-insoil anomalies (Figure 2). These lie at the southern end of the Nyangboue Prospect, a 6km long gold-in-soil anomaly (Figure 4) first reported to the ASX on 20/10/15. | |
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