Predictive Discovery (ASX:PDI) has resumed trading following a deferred settlement as the company completed a consolidation.
Predictive’s principal focus is in the countries of Cote D’Ivoire and Burkina Faso in West Africa.
Earlier in the week Predictive outlined that diamond drilling is set to commence at the Bobosso Project.
The program is being funded by Canadian company, Progress Minerals Inc, which is earning an initial 30% interest by funding US$1 million in exploration expenditure.
Between 1,500 to 2,500 metres of diamond drilling is planned, with the aim of developing a clear geological model of gold mineralisation continuity to later support resource estimations.
Other exploration programs
The intensity of exploration activities on Predictive’s ground continues to grow in Cote D’Ivoire.
Predictive’s joint venture with Toro Gold Limited has now completed the Boundiali diamond drilling and is gearing up for a reverse circulation program on the same permit.
This drilling is expected to commence in the next two to three weeks.