Predictive Discovery Ltd (ASX:PDI) has commenced a 4,000-metre program of trenching at the Ferkessedougou North permit, a 17-kilometre long gold-in-soil anomaly located in Cote D’Ivoire.
Immediately after, a 1,000-metre trenching program is planned at the Ferkessedougou South permit.
Furthermore, a contract has been signed to execute an aeromagnetic survey covering prospective target areas on the Ferkessedougou North, Ferkessedougou South and Boundiali exploration permits.
The trenching and aeromagnetics are in preparation for a planned drill program.
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In Cote D’Ivoire, Predictive is a part of two joint ventures, one being with Toro Gold Limited for six granted permits and two permit applications.
Predictive holds a 35% interest in the joint venture and also contributes 35% to expenditures.
The geochemical anomaly at Ferkessedougou North
Previous soil geochemical sampling had identified a 17-kilometre long gold-in-soil anomaly.
Anomalous gold values have been found in numerous locations throughout the grid including 16 samples with gold-in-soil values exceeding 0.5 g/t gold.
The highest recorded value from the program was 1.2 g/t gold.
Upcoming drilling in January 2018
Drilling is planned to re-commence on the Toro Joint Venture permits in January 2018, following receipt of the trench program assays and results of the aeromagnetic surveys.
At this stage, drilling is expected to start on the Ferkessedougou North permit first.
Drilling recently commenced at Bobosso Project
Recently, a 5,000-metre reverse circulation drilling program commenced on the Bobosso Project, Cote D’Ivoire.
Drilling will test up to nine target areas, including following up two areas where the April-May diamond drilling program obtained results including 8.7 metres grading 3.3 g/t gold.
The program is being funded by Progress Minerals Inc as part of the three-way joint venture between Predictive, Progress and West African Ventures Investment SARL.