Predictive Discovery (ASX:PDI) has received assay results for five more diamond drill holes at its Nyangboue prospect within the Boundiali Project located in Cote D’Ivoire.
Predictive is currently trading as (ASX:PDIDA) on a deferred settlement basis following the recent approval by shareholders for a consolidation.
Results included 30 metres at 8.3 g/t gold from 39 metres depth.
Predictive is in joint venture with Toro Gold, a UK-based company, on six granted permits and two permit applications in Cote D’Ivoire, including Boundiali.
Paul Roberts, managing director, commented: “These results confirm that this gold mineralised system can produce very impressive grades over substantial widths.
“We are now awaiting with great interest the outcomes of the current reverse circulation drilling program on the two, nearby gold-in-soil anomalies.”
Drill result details
A 10 hole, 1,658 metre diamond drilling program was completed during the March quarter.
Results from the final five diamond drill holes at the Nyangboue prospect included:
- 30 metres at 8.3g/t gold from 39 metre within a broader mineralised interval of 90 metres averaging 3.2 g/t gold; and
- 6 metres at 2.4 g/t gold from 33 metres giving more evidence of a separate parallel zone of mineralisation west of the main zone.
Reverse circulation drilling of the Southern Nyangboue and the Gbemou soil anomalies, both also on the Boundiali permit, is still in progress.
The objectives of the program were to understand the geological controls on gold mineralisation encountered in the earlier reverse circulation drill program, and test several geophysical and geochemical targets.
Next steps
A 3,000 metre reverse circulation drill program to test the southern and western gold-in-soil anomalies reported previously is now nearing completion.
These two anomalies are now known as the Nyangboue South and Gbemou anomalies respectively.
Once the results are received, the joint venture will consider timing for an infill drilling program as the next step towards estimating ore resources on the Boundiali permit.
Background
Predictive’s principal focus is in the countries of Cote D’Ivoire and Burkina Faso in West Africa.
In Cote D’Ivoire, the company has interests in six granted exploration permits and two permit applications, totalling 2,936 square kilometres under the Toro Gold joint venture.
Predictive is also conducting exploration under an agreement on the Bobosso Project, which covers a further 1,200 square kilometres.
The company recently expanded its footprint in Cote D’Ivoire with six new permit applications totalling 2,320 square kilometres.
In Burkina Faso, the company has a Burkina-based team and a large regional tenement package in the north-east of the country covering 1,222 square kilometres.