Predictive Discovery Ltd (ASX:PDI) has received initial drill results from the Ferkessedougou North exploration permit in Cote D’Ivoire.
Reverse circulation (RC) drilling was testing gold anomalies targeted through several phases of soil sampling and geological mapping.
Highlights from the 80-hole, 4,989-metre program include 13 metres at 5.35 g/t gold from 76 metres including 2 metres at 23.45 g/t gold.
READ: Predictive Discovery making progress with gold projects in West Africa
Predictive’s managing director Paul Roberts said: “These results are a very encouraging start to drill testing a very large area of gold-in-soil geochemical anomalies.
"The program has only tested a very small proportion of the gold anomalies on short, widely spaced drill sections.
“…potential for large tonnages of gold mineralisation on the permit”
"The mineralisation is mostly associated with sheared granitic dykes but, at this stage, we do not know how many are present in the area and what proportion are gold mineralised.
"Interpretation of a recent aeromagnetic survey over the permit suggests that there could be many granitic dykes through the area, however, indicating potential for large tonnages of gold mineralisation on the permit."
Bottle roll results from 51 holes
Bottle roll results, a partial gold extraction method, have been received from 51 holes and 3,185 samples.
Check fire assays on selected intervals obtained significantly higher gold grades from gold mineralised intercepts.
Bottle roll results received (which may underestimate grades and/or widths significantly) include:
• 13 metres at 0.81 g/t gold from 4 metres;
• 35 metres at 0.50 g/t gold from 25 metres;
• 13 metres at 0.81 g/t gold from 98 metres;
• 12 metres at 1.23 g/t gold from 51 metres;
• 21 metres at 0.87 g/t gold from 20 metres;
• 13 metres at 2.76 g/t gold from 76 metres; and
• 2 metres at 4.66 g/t gold from 45 metres.
Bottle roll assays for the remaining 29 holes and check fire assay results for most gold mineralised intercepts are pending.
Ferkessedougou North part of a large West African gold portfolio
Predictive's interests in Cote D’Ivoire.
Roberts added: “This new gold discovery adds to the expanding list of joint-venture funded PDI gold prospects generating excellent drilling results (e.g. Bira and Nyangboue).
“At the same time, we will continue assessing and acquiring new West African properties that we can explore in our own right.”