Predictive Discovery (ASX: PDI) has tasted exploration success in Burkina Faso, delivering broad high grade gold zones at the Bongou Prospect, which is part of the Bonsiega Gold Project.
Predictive is testing prospects which show the most promising combination of ore continuity, gold grade and width.
The new drill results have shown that the Bongou Prospect is delivering this in spades.
Highlights from the most recent reverse circulation holes include:
- 48 metres at 4.3g/t gold from 34 metres, including 16 metres at 9.7g/t gold; and
- 23 metres at 6.9g/t gold from 111 metres, including 16 metres at 8.9g/t gold.
The importance of these latest results is that they augment previous drill results such as:
- 54 metres at 2.1g/t gold from 36 metres, including 20 metres at 4.8g/t gold;
- 10 metres at 7.4g/t gold from 47 metres;
Managing director Paul Roberts would no doubt be encouraged by the discovery of a high grade zone which appears to correlate from hole to hole with average grades to date of about 10g/t Au.
However, it is the potential for multiple zones of Bongou-style gold mineralisation in the large, and mostly unexplored fault zone which passes through Bongou and extends for 43km of strike length within Predictive’s ground that is a pointer to future likelihood of success.
Recognition of the Bongou gold mineralisation style has opened up a large new area for exploration within the Bonsiega Gold Project permit group.
The ongoing exploration program includes additional drilling, ground geophysics and geochemical drilling of nearby targets and preliminary metallurgical test work of gold mineralised reverse circulation samples.
The company had $3 million in cash at the end of December 2012.
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