Predictive Discovery Ltd (ASX:PDI) has substantially expanded its ground position north of the Nyangboue gold discovery in the Toro Gold Joint Venture in Cote D’Ivoire.
Grant of the Boundiali North permit in the Toro JV has added 16 kilometres of strike length to the same structural trend which hosts the Nyangboue discovery.
Drilling in 2016 and 2017 identified a 1.2 kilometre long zone of gold mineralisation at Nyangboue including 30 metres at 8.3 g/t gold from 39 metres and 28 metres at 4.0 g/t gold from 3 metres.
READ: Predictive Discovery drill results reveal emerging West Africa gold discovery
Predictive managing director Paul Roberts said: “Addition of the Boundiali North permit to the Toro Joint Venture ground holdings on the Nyangboue trend has expanded the area’s potential significantly.
“Also, interpretation of the recent aeromagnetic data has identified a possible geological explanation for the zone of high grade mineralisation found in the centre of the Nyangboue soil anomaly and points to previously unrecognised high grade down-plunge gold potential.
“Diamond drilling to test this new geological concept possibly combined with reconnaissance RC drilling of new gold-in-soil geochemical anomalies in Boundiali North is expected by the second half of 2018.”
Predictive Discovery now striking gold in three West African nations
Predictive’s ongoing drill programs with various joint venture partners at multiple sites in Burkina Faso and Cote D’Ivoire have been producing promising assay results.
The company is also undertaking reconnaissance field work in southern Mali under three exploration authorisations.
Further drill programs in Cote D’Ivoire
Regional scale soil geochemistry on the Boundiali North permit is about to commence.
Predictive and Toro will also plan the next drilling programs after the Ferkessedougou South drill program in Cote D’Ivoire, which is expected to commence soon.
Drill programs under consideration will include both the Boundiali and Kokoumbo permits.
Predictive’s next drilling program will either be undertaken before the commencement of the rainy season in July or immediately thereafter in the December quarter.