Predictive Discovery (ASX: PDI) has increased its exposure to the West African gold exploration sector, and has added a new prospect and grant of a further permit application of the company's Cote d’Ivoire portfolio.
The increased exposure in Cote d’Ivoire will leverage the company's skill base already in the area, and will be funded separately to maintain primary focus on Burkina Faso.
PDI conducted an extensive technical approach over two years which included a country-wide assessment using the Predictore® technology previously applied successfully in Burkina Faso.
The Kokumbo permit covers 400 square kilometres with extensive artisanal workings, and importantly is in the same belt as Bonikro gold mine where PDI is earning 90%.
Ferkessedougou in the north of the country covers 390 square kilometres, and was the highest priority areas highlighted by PDI’s Predictore® analysis of the country and is reported to contain a series of gold occurrences.
Burkina Faso
In May this year PDI returned some promising broad intersections from the Bongou discovery in Burkina Faso using power augar drilling, which included: 48 metres at 4.3g/t gold from 34 metres; and 26 metres at 6.9g/t gold from 111 metres.
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