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Mining

Predictive Discovery drills out shallow high-grade gold in Cote d'Ivoire

Results include multiple broad intercepts including 28 metres at 2.18 g/t gold from 5 metres.

Predictive Discovery Ltd (ASX:PDI) has received assay results from 29 holes across four prospects at the Bobosso Project in Cote D’Ivoire.

Results include 11 metres at 4.9 g/t gold from 5 metres, which included 1-metre at 41.3 g/t gold.

Furthermore, drilling has established continuity of the gold-mineralised alteration zones at each prospect.

The drilled mineralised zones are open in most directions.

Drill results from 16 holes are still to come.

Drill results will be put towards a JORC estimate

Paul Roberts, managing director, said: "These new results have built positively on the outcomes of the April-May diamond drilling program at Bobosso.

"By orienting both diamond and reverse circulation holes in a more optimal direction than the historical drilling, we are now much better able than previous explorers to track mineralisation along strike and down-dip."

New shallow mineralisation at Wendene Hill prospect

Roberts continued: "This reverse circulation program has also demonstrated that a new flat mineralised zone has been discovered at shallow depths in the Wendene Hill prospect.

"Such mineralisation – if shown to be economic – would be mineable with low strip ratios.

"Given the very large extent of the overall gold mineralised system, we are optimistic that more such flat zones remain to be discovered in the area.

"As we advance evaluation of this very large mineralised system, our understanding of it is improving along with our ability to target drilling more efficiently.

"We are confident that there are more gold mineralised zones with good continuity to be found - both as extensions to the zones we have already drilled and in new, as yet untested, areas.”

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